Vaughan Nelson Investment Management L.P. Purchases New Stake in Burlington Stores, Inc. $BURL

Vaughan Nelson Investment Management L.P. purchased a new stake in Burlington Stores, Inc. (NYSE:BURL) in the second quarter, HoldingsChannel.com reports. The fund purchased 276,609 shares of the company’s stock, valued at approximately $64,350,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Burlington Stores by 14.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after purchasing an additional 38 shares in the last quarter. Nicolet Advisory Services LLC raised its stake in Burlington Stores by 2.0% in the first quarter. Nicolet Advisory Services LLC now owns 2,717 shares of the company’s stock valued at $661,000 after purchasing an additional 54 shares in the last quarter. Mount Lucas Management LP raised its stake in Burlington Stores by 3.1% in the first quarter. Mount Lucas Management LP now owns 1,929 shares of the company’s stock valued at $460,000 after purchasing an additional 58 shares in the last quarter. Oregon Public Employees Retirement Fund raised its stake in Burlington Stores by 0.5% in the first quarter. Oregon Public Employees Retirement Fund now owns 12,869 shares of the company’s stock valued at $3,067,000 after purchasing an additional 59 shares in the last quarter. Finally, Brooklyn Investment Group raised its stake in Burlington Stores by 48.2% in the first quarter. Brooklyn Investment Group now owns 206 shares of the company’s stock valued at $49,000 after purchasing an additional 67 shares in the last quarter.

Burlington Stores Stock Performance

NYSE:BURL opened at $258.68 on Friday. The stock has a market cap of $16.30 billion, a P/E ratio of 30.54, a price-to-earnings-growth ratio of 1.91 and a beta of 1.74. The company has a current ratio of 1.23, a quick ratio of 0.55 and a debt-to-equity ratio of 1.40. The stock’s 50-day moving average is $275.64 and its 200-day moving average is $253.52. Burlington Stores, Inc. has a 1-year low of $212.92 and a 1-year high of $309.00.

Burlington Stores (NYSE:BURL) last announced its earnings results on Thursday, August 28th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.27 by $0.32. Burlington Stores had a return on equity of 42.74% and a net margin of 4.96%.The business had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.64 billion. During the same period in the prior year, the business posted $1.24 earnings per share. The firm’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. Equities research analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Insider Buying and Selling at Burlington Stores

In other news, CAO Stephen Ferroni sold 1,123 shares of the company’s stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $281.25, for a total transaction of $315,843.75. Following the transaction, the chief accounting officer directly owned 2,389 shares of the company’s stock, valued at $671,906.25. This represents a 31.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on BURL shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Burlington Stores in a research report on Saturday, September 27th. Wells Fargo & Company lifted their target price on Burlington Stores from $300.00 to $330.00 and gave the company an “overweight” rating in a research report on Thursday, August 28th. The Goldman Sachs Group decreased their target price on Burlington Stores from $317.00 to $316.00 and set a “buy” rating on the stock in a research report on Tuesday, July 22nd. UBS Group lifted their target price on Burlington Stores from $390.00 to $430.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Finally, JPMorgan Chase & Co. lifted their target price on Burlington Stores from $280.00 to $338.00 and gave the company an “overweight” rating in a research report on Monday, July 28th. Fourteen analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $344.29.

Burlington Stores Profile

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.