Citizens Financial Group Inc. RI Makes New Investment in Burlington Stores, Inc. $BURL

Citizens Financial Group Inc. RI acquired a new position in shares of Burlington Stores, Inc. (NYSE:BURL) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 1,612 shares of the company’s stock, valued at approximately $524,000.

Other large investors also recently added to or reduced their stakes in the company. Stone House Investment Management LLC acquired a new position in shares of Burlington Stores during the 4th quarter valued at about $25,000. Harbour Investments Inc. increased its position in Burlington Stores by 44.7% during the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after purchasing an additional 34 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in Burlington Stores during the third quarter worth about $28,000. Reflection Asset Management purchased a new position in Burlington Stores during the fourth quarter worth about $34,000. Finally, Larson Financial Group LLC raised its stake in Burlington Stores by 180.0% during the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock worth $36,000 after purchasing an additional 81 shares during the period.

Insider Buying and Selling at Burlington Stores

In related news, CAO Stephen Ferroni sold 2,343 shares of Burlington Stores stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction of $790,106.46. Following the sale, the chief accounting officer directly owned 1,391 shares in the company, valued at $469,073.02. This trade represents a 62.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Jennifer Vecchio sold 1,678 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $315.42, for a total value of $529,274.76. Following the completion of the sale, the chief marketing officer directly owned 79,339 shares of the company’s stock, valued at $25,025,107.38. The trade was a 2.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 28,714 shares of company stock worth $9,661,022 over the last ninety days. Corporate insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on BURL shares. Truist Financial boosted their target price on shares of Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a report on Thursday, May 28th. JPMorgan Chase & Co. reduced their price target on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Weiss Ratings upgraded Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 7th. Jefferies Financial Group reiterated a “buy” rating and issued a $365.00 price objective on shares of Burlington Stores in a research report on Friday, May 29th. Finally, UBS Group reissued a “buy” rating and set a $435.00 target price on shares of Burlington Stores in a research note on Friday, May 29th. Fifteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Burlington Stores has an average rating of “Moderate Buy” and a consensus price target of $353.56.

Burlington Stores Price Performance

Burlington Stores stock opened at $344.97 on Thursday. The firm has a market cap of $21.71 billion, a PE ratio of 35.45, a price-to-earnings-growth ratio of 1.80 and a beta of 1.46. Burlington Stores, Inc. has a 52-week low of $240.49 and a 52-week high of $351.85. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 1.03. The company’s 50 day moving average is $318.98 and its two-hundred day moving average is $314.31.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.80 by $0.21. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The business had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the previous year, the firm posted $1.60 earnings per share. The company’s quarterly revenue was up 14.1% compared to the same quarter last year. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. On average, research analysts expect that Burlington Stores, Inc. will post 11.71 EPS for the current fiscal year.

Burlington Stores Profile

Burlington Stores, Inc is an American off-price retailer that sells apparel and home goods at discounted prices. The company’s merchandise assortment includes clothing for women, men and children, plus baby products, footwear, accessories, beauty items, toys and home décor. Burlington’s merchandising strategy focuses on offering branded and private-label goods at lower prices than traditional department stores by sourcing excess inventory, closeouts and opportunistic buys from manufacturers and other retailers.

The business traces its roots to the Burlington Coat Factory name established in the early 1970s and has since evolved into a broader off-price retailer that carries a wide range of seasonal and everyday merchandise.