Burlington Stores, Inc. $BURL Shares Bought by Tributary Capital Management LLC

Tributary Capital Management LLC raised its stake in Burlington Stores, Inc. (NYSE:BURL) by 3.9% in the second quarter, HoldingsChannel.com reports. The fund owned 7,931 shares of the company’s stock after purchasing an additional 300 shares during the quarter. Tributary Capital Management LLC’s holdings in Burlington Stores were worth $1,845,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC increased its stake in Burlington Stores by 258.6% in the first quarter. Golden State Wealth Management LLC now owns 104 shares of the company’s stock valued at $25,000 after purchasing an additional 75 shares during the last quarter. WPG Advisers LLC acquired a new stake in Burlington Stores during the first quarter worth about $26,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in Burlington Stores by 250.9% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 186 shares of the company’s stock worth $43,000 after acquiring an additional 133 shares during the last quarter. Brooklyn Investment Group increased its stake in Burlington Stores by 48.2% during the first quarter. Brooklyn Investment Group now owns 206 shares of the company’s stock worth $49,000 after acquiring an additional 67 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in Burlington Stores by 362.5% during the second quarter. Farther Finance Advisors LLC now owns 222 shares of the company’s stock worth $52,000 after acquiring an additional 174 shares during the last quarter.

Insider Buying and Selling

In related news, CAO Stephen Ferroni sold 1,123 shares of the stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $281.25, for a total value of $315,843.75. Following the completion of the transaction, the chief accounting officer owned 2,389 shares of the company’s stock, valued at approximately $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 SEC, which is accessible through this link. Corporate insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on BURL. Morgan Stanley upped their price target on Burlington Stores from $309.00 to $328.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. Barclays upped their price target on Burlington Stores from $299.00 to $336.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. Jefferies Financial Group upped their price target on Burlington Stores from $300.00 to $350.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $350.00 target price (up previously from $300.00) on shares of Burlington Stores in a research report on Thursday, August 28th. Finally, Wells Fargo & Company upped their target price on Burlington Stores from $300.00 to $330.00 and gave the stock an “overweight” rating in a research report on Thursday, August 28th. Fourteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $344.29.

Burlington Stores Trading Down 1.1%

Shares of BURL opened at $263.79 on Thursday. The company has a market capitalization of $16.63 billion, a P/E ratio of 31.14, a P/E/G ratio of 1.99 and a beta of 1.74. Burlington Stores, Inc. has a one year low of $212.92 and a one year high of $309.00. 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 stock has a 50-day moving average price of $272.84 and a 200 day moving average price of $255.89.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings results on Thursday, August 28th. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.32. The firm had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.64 billion. Burlington Stores had a return on equity of 42.74% and a net margin of 4.96%.Burlington Stores’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.24 earnings per share. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. Sell-side analysts forecast that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

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.