Boot Barn Holdings, Inc. $BOOT Shares Acquired by Southernsun Asset Management LLC

Posted by Brenda Bartman on Jul 22nd, 2026

Southernsun Asset Management LLC grew its stake in Boot Barn Holdings, Inc. (NYSE:BOOT – Free Report) by 41.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 272,348 shares of the company’s stock after buying an additional 79,127 shares during the quarter. Boot Barn accounts for about 5.8% of Southernsun Asset Management LLC’s portfolio, making the stock its 3rd largest holding. Southernsun Asset Management LLC’s holdings in Boot Barn were worth $39,861,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Los Angeles Capital Management LLC acquired a new stake in Boot Barn during the fourth quarter worth about $29,000. Caitong International Asset Management Co. Ltd acquired a new position in Boot Barn in the third quarter valued at approximately $49,000. Danske Bank A S lifted its holdings in Boot Barn by 200.0% in the fourth quarter. Danske Bank A S now owns 300 shares of the company’s stock valued at $53,000 after acquiring an additional 200 shares during the period. Hantz Financial Services Inc. boosted its position in Boot Barn by 284.1% in the 4th quarter. Hantz Financial Services Inc. now owns 338 shares of the company’s stock worth $60,000 after purchasing an additional 250 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its position in Boot Barn by 702.3% in the 4th quarter. Global Retirement Partners LLC now owns 353 shares of the company’s stock worth $62,000 after purchasing an additional 309 shares in the last quarter.

Analyst Ratings Changes

BOOT has been the subject of several recent research reports. Robert W. Baird cut their target price on shares of Boot Barn from $244.00 to $225.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Jefferies Financial Group raised shares of Boot Barn from a “hold” rating to a “buy” rating and set a $195.00 price target on the stock in a report on Monday, April 6th. TD Cowen restated a “buy” rating on shares of Boot Barn in a research report on Wednesday, June 17th. UBS Group set a $225.00 price target on shares of Boot Barn in a research report on Wednesday, June 17th. Finally, Bank of America cut their price objective on shares of Boot Barn from $224.00 to $206.00 and set a “buy” rating for the company in a report on Friday, May 15th. Twelve research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $226.92.

Check Out Our Latest Stock Analysis on Boot Barn

Boot Barn Trading Down 0.7%

Shares of BOOT stock opened at $148.83 on Wednesday. Boot Barn Holdings, Inc. has a 12-month low of $133.18 and a 12-month high of $210.25. The business’s 50 day moving average is $161.81 and its two-hundred day moving average is $170.04. The company has a market capitalization of $4.51 billion, a P/E ratio of 20.25, a P/E/G ratio of 1.05 and a beta of 1.69.

Boot Barn (NYSE:BOOT – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported $1.45 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.02. The business had revenue of $538.75 million during the quarter, compared to analysts’ expectations of $531.43 million. Boot Barn had a return on equity of 18.15% and a net margin of 10.02%.The business’s revenue was up 18.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.22 earnings per share. Boot Barn has set its Q1 2027 guidance at 1.620-1.710 EPS and its FY 2027 guidance at 8.210-8.640 EPS. On average, research analysts predict that Boot Barn Holdings, Inc. will post 8.56 earnings per share for the current fiscal year.

Boot Barn Profile

(Free Report)

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.