Fort Washington Investment Advisors 13F: New $17M Stake in BOOT

Fort Washington Investment Advisors has opened a new position in Boot Barn Holdings, Inc. (BOOT) by acquiring 142,314 shares valued at approximately $17.1 million in a filing on October 15, 2026.

What Changed in Fort Washington's Boot Barn Position

Fort Washington's report reflects a brand-new stake in the company, as it did not hold any shares before this transaction. This positions the fund as a new investor in Boot Barn, which specializes in western and work-related footwear and apparel.

Other Institutional Activity in Boot Barn

Several other institutional investors have been active in Boot Barn. Blackrock Inc. grew its position by 372,034 shares, ending with 5,117,359 shares worth about $622.9 million. Vanguard Portfolio Management LLC added 54,139 shares, bringing its total to 1,714,848 shares valued at approximately $208.7 million. FMR, LLC also increased its holdings by 161,523 shares to 1,601,125 shares, totaling around $194.9 million. Vanguard Capital Management LLC and State Street Corporation made smaller adjustments, adding 17,716 and 59,805 shares, respectively.

Boot Barn Holdings, Inc. Stock Down 1.6%

As of October 16, 2026, Boot Barn shares recently traded around $118.75, which is below the 50-day moving average of $140.97 and the 200-day average of $162.04. The stock is currently 43.5% below its 52-week high of $210.25 but 7.4% above its 52-week low of $110.53. This indicates that the stock is underperforming compared to its historical performance metrics.

Recent Earnings

Boot Barn reported trailing twelve-month revenue of approximately $2.34 billion and an earnings per share (EPS) of $7.90. The company has shown a year-over-year revenue growth of 17.7% and a net margin of 10.4%. Its next earnings report is expected on October 28, 2026, which could provide additional insights into its financial performance.

Insider Buying and Selling at Boot Barn Holdings, Inc.

Recently, several insiders sold shares of Boot Barn. Peter M. Starrett, an officer and director, sold 6,498 shares at an average price of $190.00 on November 3, 2025, totaling around $1.2 million. Other insiders, including Gene Eddie Burt II and Brenda I. Morris, also sold shares earlier in late 2025 and early 2026, reflecting their confidence in the company’s performance.

Analysts Set New Price Targets

On October 13, 2026, Citigroup maintained a buy rating on Boot Barn with a price target of $180.00. Earlier, on September 29, 2026, Craig-Hallum maintained a buy rating with a target of $224.00. The consensus among analysts is a strong buy, with a mean price target of $215.21 based on 14 analyst opinions.

About Boot Barn

Boot Barn Holdings, Inc., based in Irvine, CA, operates specialty retail stores selling western and work-related footwear, apparel, and accessories for men, women, and kids. The company continues to grow in the consumer cyclical sector, focusing on apparel retail.

Bottom Line

Investors should keep an eye on Boot Barn's next earnings report due on October 28, 2026. Remember, the 13F filing by Fort Washington reflects their holdings as of the end of the quarter and may not represent their current position.