Calamos Advisors LLC Purchases 6,469 Shares of Boot Barn Holdings, Inc. $BOOT

Key Points

• Calamos Advisors LLC increased its stake in Boot Barn by 32.8%, buying an additional 6,469 shares to hold 26,177 shares worth about $4.62 million (≈0.09% ownership).
• Boot Barn beat estimates last quarter with $2.79 EPS and $705.64M revenue (up 16% YoY) and issued FY 2026 guidance of $7.25–$7.35 EPS and Q4 2026 guidance of $1.35–$1.45 EPS.
• The stock has broad analyst support—twelve Buy and two Hold ratings—with an average target price of $224.25; market cap is roughly $5.14 billion and the P/E is 23.73.

Calamos Advisors LLC increased its position in Boot Barn Holdings, Inc. (NYSE:BOOT - Free Report) by 32.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 26,177 shares of the company's stock after buying an additional 6,469 shares during the period. Calamos Advisors LLC owned 0.09% of Boot Barn worth $4,619,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Invesco Ltd. increased its stake in shares of Boot Barn by 46.3% during the 3rd quarter. Invesco Ltd. now owns 917,406 shares of the company's stock worth $152,033,000 after purchasing an additional 290,493 shares during the last quarter. Congress Asset Management Co. boosted its holdings in Boot Barn by 11.1% in the fourth quarter. Congress Asset Management Co. now owns 622,413 shares of the company's stock worth $109,837,000 after purchasing an additional 62,350 shares in the last quarter. Ameriprise Financial Inc. increased its position in Boot Barn by 24.2% during the third quarter. Ameriprise Financial Inc. now owns 579,680 shares of the company's stock worth $96,065,000 after buying an additional 112,918 shares during the last quarter. Balyasny Asset Management L.P. increased its position in Boot Barn by 2,547.7% during the third quarter. Balyasny Asset Management L.P. now owns 471,192 shares of the company's stock worth $78,086,000 after buying an additional 453,396 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in Boot Barn by 25.1% during the second quarter. Raymond James Financial Inc. now owns 413,387 shares of the company's stock valued at $62,835,000 after buying an additional 82,938 shares in the last quarter.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on BOOT. Weiss Ratings downgraded Boot Barn from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, March 4th. UBS Group raised their price objective on Boot Barn from $265.00 to $267.00 and gave the company a "buy" rating in a research note on Thursday, February 5th. Citigroup boosted their target price on Boot Barn from $230.00 to $232.00 and gave the stock a "buy" rating in a report on Thursday, February 5th. Zacks Research cut Boot Barn from a "strong-buy" rating to a "hold" rating in a research report on Thursday, March 12th. Finally, BTIG Research reiterated a "buy" rating and set a $235.00 price target on shares of Boot Barn in a report on Thursday, February 5th. Twelve equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $224.25.

Boot Barn Price Performance

BOOT stock opened at $168.97 on Monday. The stock has a market capitalization of $5.14 billion, a price-to-earnings ratio of 23.73, a price-to-earnings-growth ratio of 1.03 and a beta of 1.75. The company has a 50-day moving average of $167.54 and a two-hundred day moving average of $181.22. Boot Barn Holdings, Inc. has a 52-week low of $99.94 and a 52-week high of $210.25.

Boot Barn (NYSE:BOOT - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $2.79 EPS for the quarter, hitting analysts' consensus estimates of $2.79. Boot Barn had a return on equity of 18.28% and a net margin of 10.10%.The business had revenue of $705.64 million for the quarter, compared to analyst estimates of $700.71 million. During the same period in the previous year, the company posted $2.43 earnings per share. The firm's revenue for the quarter was up 16.0% on a year-over-year basis. Boot Barn has set its FY 2026 guidance at 7.250-7.350 EPS and its Q4 2026 guidance at 1.350-1.450 EPS. Equities analysts expect that Boot Barn Holdings, Inc. will post 7.33 EPS for the current fiscal year.

Boot Barn Profile

Boot Barn, Inc is a leading specialty retailer focused on western and work-related footwear, apparel and accessories. The company operates full-price and outlet retail stores under the Boot Barn and BootBarn.com brands, offering a wide assortment of cowboy boots, work boots, casual and fashion footwear, western and work apparel, hats, belts and related accessories. In addition to its brick-and-mortar network, Boot Barn maintains an e-commerce platform to serve customers seeking ranch-and-rodeo style clothing and rugged workwear from coast to coast.

Founded in 1978 in Southern California, Boot Barn began as a single store catering to ranchers, farmworkers and western enthusiasts.

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