Boot Barn Holdings, Inc. $BOOT Shares Purchased by Whittier Trust Co.

Key Points

• Whittier Trust Co. increased its stake in Boot Barn Holdings, Inc. by 2.6%, owning 102,538 shares valued at approximately $15.6 million at the end of the reporting period.
• Boot Barn reported a quarterly EPS of $1.74, surpassing analysts' expectations of $1.55, and a revenue of $504.07 million, which is up 19.1% year-over-year.
• Analyst targets for Boot Barn stock are on the rise, with BTIG Research increasing their price target to $218.00, reflecting a strong outlook and a "buy" rating.

Whittier Trust Co. boosted its stake in Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 2.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,538 shares of the company's stock after acquiring an additional 2,613 shares during the period. Whittier Trust Co. owned 0.34% of Boot Barn worth $15,586,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC raised its holdings in Boot Barn by 263.6% in the first quarter. Golden State Wealth Management LLC now owns 280 shares of the company's stock valued at $30,000 after acquiring an additional 203 shares in the last quarter. Maseco LLP acquired a new stake in Boot Barn in the second quarter valued at $40,000. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in Boot Barn in the first quarter valued at $44,000. Bayforest Capital Ltd acquired a new stake in Boot Barn in the first quarter valued at $48,000. Finally, Parallel Advisors LLC raised its holdings in Boot Barn by 512.6% in the second quarter. Parallel Advisors LLC now owns 533 shares of the company's stock valued at $81,000 after acquiring an additional 446 shares in the last quarter.

Boot Barn Stock Up 2.4%

BOOT stock opened at $189.41 on Tuesday. Boot Barn Holdings, Inc. has a fifty-two week low of $86.17 and a fifty-two week high of $191.31. The firm's 50-day simple moving average is $175.07 and its 200 day simple moving average is $155.56. The stock has a market cap 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 (NYSE:BOOT - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $1.74 earnings per share for the quarter, topping analysts' consensus estimates of $1.55 by $0.19. Boot Barn had a net margin of 9.81% and a return on equity of 17.73%. The business had revenue of $504.07 million for the quarter, compared to analysts' expectations of $489.49 million. During the same quarter last year, the company earned $1.26 EPS. The company's revenue for the quarter 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. Equities analysts forecast that Boot Barn Holdings, Inc. will post 5.82 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

BOOT has been the topic of several recent analyst reports. BTIG Research upped their price target on shares of Boot Barn from $200.00 to $218.00 and gave the company a "buy" rating in a report on Friday, August 1st. KeyCorp boosted their target price on shares of Boot Barn from $195.00 to $210.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Weiss Ratings reiterated a "hold (c+)" rating on shares of Boot Barn in a research note on Wednesday, October 8th. Piper Sandler boosted their target price on shares of Boot Barn from $184.00 to $185.00 and gave the company an "overweight" rating in a research note on Monday, July 28th. Finally, Cowen reiterated a "buy" rating on shares of Boot Barn in a research note on Monday, July 28th. One 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. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $182.54.

About Boot Barn

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.

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