Acorn Financial Advisory Services Inc. ADV Has $1.01 Million Stock Holdings in Boot Barn Holdings, Inc. $BOOT

Acorn Financial Advisory Services Inc. ADV trimmed its stake in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 3.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,656 shares of the company’s stock after selling 269 shares during the quarter. Acorn Financial Advisory Services Inc. ADV’s holdings in Boot Barn were worth $1,012,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Maseco LLP acquired a new stake in shares of Boot Barn during the 2nd quarter worth about $40,000. Opal Wealth Advisors LLC acquired a new stake in shares of Boot Barn during the 1st quarter worth about $29,000. Golden State Wealth Management LLC lifted its stake in shares of Boot Barn by 263.6% during the 1st quarter. Golden State Wealth Management LLC now owns 280 shares of the company’s stock worth $30,000 after buying an additional 203 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of Boot Barn during the 1st quarter worth about $44,000. Finally, Bayforest Capital Ltd acquired a new stake in shares of Boot Barn during the 1st quarter worth about $48,000.

Boot Barn Price Performance

BOOT stock opened at $177.30 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 stock has a market capitalization of $5.42 billion, a price-to-earnings ratio of 27.97, a PEG ratio of 1.65 and a beta of 1.61. The business’s fifty day moving average price is $173.17 and its two-hundred day moving average price is $152.77.

Boot Barn (NYSE:BOOT) last issued its quarterly 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 company had revenue of $504.07 million for the quarter, compared to analysts’ expectations of $489.49 million. During the same quarter last year, the business earned $1.26 earnings per share. Boot Barn’s revenue was up 19.1% on a year-over-year basis. Boot Barn has set its Q2 2026 guidance at 1.190-1.270 EPS. FY 2026 guidance at 5.800-6.700 EPS. Research analysts expect that Boot Barn Holdings, Inc. will post 5.82 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently issued reports on BOOT. Piper Sandler raised their target price on shares of Boot Barn from $184.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. Cowen reiterated a “buy” rating on shares of Boot Barn in a research report on Monday, July 28th. JPMorgan Chase & Co. increased their price objective on Boot Barn from $207.00 to $247.00 and gave the stock an “overweight” rating in a research report on Monday, July 28th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Boot Barn in a research report on Wednesday, October 8th. Finally, KeyCorp increased 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. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently 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.