Boot Barn Holdings, Inc. $BOOT Shares Bought by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. grew its position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 3.3% during the second quarter, Holdings Channel reports. The firm owned 51,755 shares of the company’s stock after acquiring an additional 1,666 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Boot Barn were worth $7,867,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of BOOT. Golden State Wealth Management LLC increased its position in shares of Boot Barn by 263.6% during the first quarter. Golden State Wealth Management LLC now owns 280 shares of the company’s stock worth $30,000 after acquiring an additional 203 shares during the period. Maseco LLP purchased a new stake in shares of Boot Barn during the second quarter worth $40,000. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of Boot Barn during the first quarter worth $44,000. Bayforest Capital Ltd purchased a new stake in shares of Boot Barn during the first quarter worth $48,000. Finally, Parallel Advisors LLC increased its position in shares of Boot Barn by 512.6% during the second quarter. Parallel Advisors LLC now owns 533 shares of the company’s stock worth $81,000 after acquiring an additional 446 shares during the period.

Boot Barn Price Performance

NYSE:BOOT opened at $189.41 on Tuesday. The business’s fifty day moving average price is $175.07 and its 200 day moving average price is $155.56. The firm has a market capitalization of $5.79 billion, a PE ratio of 29.87, a price-to-earnings-growth ratio of 1.86 and a beta of 1.61. Boot Barn Holdings, Inc. has a 12 month low of $86.17 and a 12 month high of $191.31.

Boot Barn (NYSE:BOOT) last posted its earnings results on Thursday, July 31st. The company reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.19. Boot Barn had a return on equity of 17.73% and a net margin of 9.81%.The business had revenue of $504.07 million for the quarter, compared to analysts’ expectations of $489.49 million. During the same quarter in the previous year, the firm earned $1.26 earnings per share. The business’s revenue was up 19.1% compared to the same quarter last year. Boot Barn has set its Q2 2026 guidance at 1.190-1.270 EPS. FY 2026 guidance at 5.800-6.700 EPS. As a group, equities analysts anticipate that Boot Barn Holdings, Inc. will post 5.82 EPS for the current year.

Analyst Upgrades and Downgrades

BOOT has been the topic of a number of recent research reports. KeyCorp upped their price objective on Boot Barn from $195.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Jefferies Financial Group lowered Boot Barn from a “buy” rating to a “hold” rating and dropped their target price for the company from $187.00 to $175.00 in a report on Wednesday, July 23rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Boot Barn in a report on Wednesday, October 8th. JPMorgan Chase & Co. increased their target price on Boot Barn from $207.00 to $247.00 and gave the company an “overweight” rating in a report on Monday, July 28th. Finally, BTIG Research increased their target price on Boot Barn from $200.00 to $218.00 and gave the company a “buy” rating in a report on Friday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $182.54.

Boot Barn Profile

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.