Trillium Asset Management LLC Has $7.50 Million Stock Position in Burlington Stores, Inc. $BURL

Trillium Asset Management LLC decreased its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 21.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,231 shares of the company’s stock after selling 8,627 shares during the quarter. Trillium Asset Management LLC owned approximately 0.05% of Burlington Stores worth $7,499,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. South Dakota Investment Council increased its stake in shares of Burlington Stores by 251.0% during the 2nd quarter. South Dakota Investment Council now owns 10,704 shares of the company’s stock worth $2,490,000 after purchasing an additional 7,654 shares during the last quarter. Geneva Capital Management LLC increased its stake in shares of Burlington Stores by 11.7% during the 2nd quarter. Geneva Capital Management LLC now owns 133,778 shares of the company’s stock worth $31,122,000 after purchasing an additional 14,056 shares during the last quarter. Savoir Faire Capital Management L.P. increased its stake in shares of Burlington Stores by 95.0% during the 2nd quarter. Savoir Faire Capital Management L.P. now owns 51,738 shares of the company’s stock worth $12,036,000 after purchasing an additional 25,207 shares during the last quarter. Amalgamated Bank grew its stake in Burlington Stores by 1.1% in the 2nd quarter. Amalgamated Bank now owns 30,400 shares of the company’s stock valued at $7,072,000 after buying an additional 327 shares during the last quarter. Finally, Retirement Systems of Alabama grew its stake in Burlington Stores by 3.4% in the 2nd quarter. Retirement Systems of Alabama now owns 98,730 shares of the company’s stock valued at $22,969,000 after buying an additional 3,206 shares during the last quarter.

Burlington Stores Trading Down 0.4%

Shares of BURL stock opened at $271.77 on Thursday. Burlington Stores, Inc. has a 12-month low of $212.92 and a 12-month high of $309.00. The company has a market capitalization of $17.13 billion, a P/E ratio of 32.09, a P/E/G ratio of 2.04 and a beta of 1.74. The firm has a 50-day moving average price of $271.63 and a 200 day moving average price of $258.99. The company has a quick ratio of 0.55, a current ratio of 1.23 and a debt-to-equity ratio of 1.40.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings results on Thursday, August 28th. The company reported $1.59 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.64 billion. During the same period last year, the firm posted $1.24 EPS. The firm’s quarterly 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. Research analysts forecast that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on BURL. JPMorgan Chase & Co. raised their target price on shares of Burlington Stores from $280.00 to $338.00 and gave the company an “overweight” rating in a research note on Monday, July 28th. Barclays increased their price target on shares of Burlington Stores from $299.00 to $336.00 and gave the company an “overweight” rating in a report on Friday, August 29th. Jefferies Financial Group increased their price target on shares of Burlington Stores from $300.00 to $350.00 and gave the company a “buy” rating in a report on Friday, August 29th. Citigroup reduced their price objective on shares of Burlington Stores from $358.00 to $351.00 and set a “buy” rating for the company in a report on Monday. Finally, Bank of America raised their price objective on shares of Burlington Stores from $350.00 to $363.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Fourteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Burlington Stores presently has an average rating of “Moderate Buy” and an average price target of $344.14.

Insider Activity

In other Burlington Stores news, CMO Jennifer Vecchio sold 419 shares of the firm’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $274.48, for a total value of $115,007.12. Following the completion of the sale, the chief marketing officer owned 63,751 shares in the company, valued at approximately $17,498,374.48. This trade represents a 0.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Stephen Ferroni sold 1,123 shares of the firm’s 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 sale, the chief accounting officer owned 2,389 shares of the company’s stock, valued at $671,906.25. The trade was a 31.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,626 shares of company stock valued at $452,804 in the last 90 days. Corporate insiders own 1.10% of the company’s stock.

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.