Forsta AP Fonden Sells 7,600 Shares of Burlington Stores, Inc. $BURL

Forsta AP Fonden lessened its stake in shares of Burlington Stores, Inc. (NYSE:BURL) by 36.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,200 shares of the company’s stock after selling 7,600 shares during the period. Forsta AP Fonden’s holdings in Burlington Stores were worth $3,071,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Alkeon Capital Management LLC acquired a new position in shares of Burlington Stores during the 1st quarter worth approximately $71,499,000. Vaughan Nelson Investment Management L.P. bought a new position in shares of Burlington Stores in the second quarter valued at $64,350,000. Interval Partners LP increased its holdings in 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 buying an additional 267,419 shares during the last quarter. Vanguard Group Inc. increased its holdings in Burlington Stores by 3.4% during the first quarter. Vanguard Group Inc. now owns 6,603,257 shares of the company’s stock worth $1,573,754,000 after buying an additional 219,124 shares during the last quarter. Finally, 1832 Asset Management L.P. raised its position in Burlington Stores by 68.2% during the first quarter. 1832 Asset Management L.P. now owns 481,260 shares of the company’s stock worth $114,699,000 after acquiring an additional 195,160 shares in the last quarter.

Burlington Stores Stock Down 1.0%

Burlington Stores stock opened at $280.14 on Friday. The company’s 50-day moving average price is $269.99 and its two-hundred day moving average price is $261.95. The company has a quick ratio of 0.55, a current ratio of 1.23 and a debt-to-equity ratio of 1.40. The stock has a market cap of $17.66 billion, a P/E ratio of 33.07, a P/E/G ratio of 2.10 and a beta of 1.74. Burlington Stores, Inc. has a twelve month low of $212.92 and a twelve month high of $309.00.

Burlington Stores (NYSE:BURL) last posted 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. The company had revenue of $2.70 billion for 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%.The firm’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 earned $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. As a group, analysts expect that Burlington Stores, Inc. will post 7.93 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Wells Fargo & Company decreased their price objective on shares of Burlington Stores from $330.00 to $315.00 and set an “overweight” rating for the company in a research report on Monday, October 27th. Telsey Advisory Group reiterated an “outperform” rating and issued a $350.00 target price (up from $300.00) on shares of Burlington Stores in a research note on Thursday, August 28th. Jefferies Financial Group boosted their price target on Burlington Stores from $300.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. UBS Group upped their price objective on Burlington Stores from $390.00 to $430.00 and gave the company a “buy” rating in a research note on Friday, August 29th. Finally, BTIG Research began coverage on Burlington Stores in a research note on Tuesday, October 14th. They set a “neutral” rating for the company. Fourteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $344.14.

Insiders Place Their Bets

In other Burlington Stores news, CMO Jennifer Vecchio sold 419 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $274.48, for a total transaction of $115,007.12. Following the transaction, the chief marketing officer owned 63,751 shares in the company, valued at $17,498,374.48. This trade represents a 0.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Stephen Ferroni sold 1,123 shares of Burlington Stores stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $281.25, for a total value of $315,843.75. Following the sale, 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 position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,626 shares of company stock worth $452,804. 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.