Fiera Capital Corp Buys Shares of 221,618 Boot Barn Holdings, Inc. $BOOT

Fiera Capital Corp purchased a new position in Boot Barn Holdings, Inc. (NYSE:BOOT) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 221,618 shares of the company’s stock, valued at approximately $33,686,000. Fiera Capital Corp owned approximately 0.73% of Boot Barn at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in BOOT. Calamos Advisors LLC purchased a new position in Boot Barn in the second quarter valued at about $278,000. Police & Firemen s Retirement System of New Jersey lifted its position in shares of Boot Barn by 10.4% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 6,955 shares of the company’s stock valued at $1,057,000 after buying an additional 653 shares during the last quarter. Bailard Inc. bought a new stake in shares of Boot Barn in the 2nd quarter valued at about $264,000. Geode Capital Management LLC grew its position in shares of Boot Barn by 2.9% in the 2nd quarter. Geode Capital Management LLC now owns 726,936 shares of the company’s stock worth $110,508,000 after buying an additional 20,549 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of Boot Barn by 7.5% in the 2nd quarter. PNC Financial Services Group Inc. now owns 5,428 shares of the company’s stock worth $825,000 after buying an additional 381 shares during the last quarter.

Analyst Upgrades and Downgrades

BOOT has been the subject of several recent analyst reports. UBS Group raised their target price on shares of Boot Barn from $241.00 to $248.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Zacks Research raised Boot Barn from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 30th. Jefferies Financial Group lowered Boot Barn from a “buy” rating to a “hold” rating and reduced their target price for the company from $187.00 to $175.00 in a research report on Wednesday, July 23rd. KeyCorp increased their price target on Boot Barn from $195.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Finally, Seaport Res Ptn lowered Boot Barn from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 27th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $195.75.

Boot Barn Price Performance

Shares of BOOT stock opened at $179.44 on Friday. The business has a fifty day moving average of $180.80 and a 200 day moving average of $166.80. Boot Barn Holdings, Inc. has a 1 year low of $86.17 and a 1 year high of $205.31. The firm has a market capitalization of $5.47 billion, a price-to-earnings ratio of 26.54, a price-to-earnings-growth ratio of 1.94 and a beta of 1.67.

Boot Barn (NYSE:BOOT) last announced its quarterly earnings data on Wednesday, October 29th. The company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.11. Boot Barn had a return on equity of 18.41% and a net margin of 10.05%.The business had revenue of $505.40 million for the quarter, compared to analyst estimates of $493.70 million. During the same period in the prior year, the company earned $0.95 earnings per share. The company’s revenue was up 18.7% on a year-over-year basis. Boot Barn has set its Q3 2026 guidance at 2.470-2.590 EPS. FY 2026 guidance at 6.750-7.150 EPS. As a group, equities research analysts expect that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current year.

Insider Activity at Boot Barn

In other news, Chairman Peter Starrett sold 6,498 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $190.00, for a total value of $1,234,620.00. Following the sale, the chairman owned 9,599 shares in the company, valued at $1,823,810. This represents a 40.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.66% of the stock is owned by company insiders.

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.