Vanguard Personalized Indexing Management LLC increased its holdings in shares of Burlington Stores, Inc. (NYSE:BURL – Free Report) by 4.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,569 shares of the company’s stock after buying an additional 291 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Burlington Stores were worth $1,761,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BURL. Alkeon Capital Management LLC purchased a new stake in shares of Burlington Stores during the first quarter worth $71,499,000. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Burlington Stores during the second quarter worth $64,350,000. Interval Partners LP increased its position in shares of Burlington Stores by 667.5% during the first quarter. Interval Partners LP now owns 307,479 shares of the company’s stock worth $73,281,000 after acquiring an additional 267,419 shares during the period. Vanguard Group Inc. increased its position in shares of Burlington Stores by 3.4% in the 1st quarter. Vanguard Group Inc. now owns 6,603,257 shares of the company’s stock valued at $1,573,754,000 after purchasing an additional 219,124 shares during the last quarter. Finally, 1832 Asset Management L.P. increased its position in shares of Burlington Stores by 68.2% in the 1st quarter. 1832 Asset Management L.P. now owns 481,260 shares of the company’s stock valued at $114,699,000 after purchasing an additional 195,160 shares during the last quarter.
Analyst Upgrades and Downgrades
Several research firms recently commented on BURL. UBS Group increased their target price on Burlington Stores from $390.00 to $430.00 and gave the company a “buy” rating in a report on Friday, August 29th. The Goldman Sachs Group dropped their target price on Burlington Stores from $317.00 to $316.00 and set a “buy” rating on the stock in a report on Tuesday, July 22nd. JPMorgan Chase & Co. increased their target price on Burlington Stores from $280.00 to $338.00 and gave the company an “overweight” rating in a report on Monday, July 28th. Wells Fargo & Company increased their target price on Burlington Stores from $300.00 to $330.00 and gave the company an “overweight” rating in a report on Thursday, August 28th. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $350.00 target price (up previously from $300.00) on shares of Burlington Stores in a report on Thursday, August 28th. Fourteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $344.29.
Insider Activity at Burlington Stores
In other Burlington Stores news, CAO Stephen Ferroni sold 1,123 shares of Burlington Stores stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total transaction of $315,843.75. Following the completion of the transaction, the chief accounting officer owned 2,389 shares in the company, valued at approximately $671,906.25. The trade was a 31.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.10% of the stock is owned by company insiders.
Burlington Stores Stock Down 1.5%
BURL stock opened at $274.73 on Friday. Burlington Stores, Inc. has a one year low of $212.92 and a one year high of $309.00. The stock has a market capitalization of $17.32 billion, a PE ratio of 32.44, a price-to-earnings-growth ratio of 2.08 and a beta of 1.74. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.55 and a current ratio of 1.23. The company has a fifty day moving average of $273.53 and a 200-day moving average of $255.14.
Burlington Stores (NYSE:BURL – Get Free Report) last released its earnings results on Thursday, August 28th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.27 by $0.32. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The company had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.64 billion. During the same quarter last year, the business earned $1.24 EPS. The business’s revenue was up 9.7% on a year-over-year basis. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. As a group, analysts expect that Burlington Stores, Inc. will post 7.93 EPS for the current year.
About Burlington Stores
Burlington Stores, Inc operates as a retailer of branded merchandise in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products.
Featured Articles
- Five stocks we like better than Burlington Stores
- How to Effectively Use the MarketBeat Ratings Screener
- Salesforce’s Long-Awaited Inflection is Here: Rally On!
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Rocket Lab USA Receives Wall Street Validation: Time to Buy?
- Stock Splits, Do They Really Impact Investors?
- Archer Buys Rival’s Patent Treasure Trove in Strategic Move
Want to see what other hedge funds are holding BURL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Burlington Stores, Inc. (NYSE:BURL – Free Report).
Receive News & Ratings for Burlington Stores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burlington Stores and related companies with MarketBeat.com's FREE daily email newsletter.