Burlington Stores Sees Unusually Large Options Volume (NYSE:BURL)

Burlington Stores, Inc. (NYSE:BURL) was the target of unusually large options trading activity on Friday. Traders acquired 6,163 put options on the company. This is an increase of 54% compared to the typical daily volume of 4,011 put options.

Insider Activity at Burlington Stores

In related news, CMO Jennifer Vecchio sold 1,678 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $369.04, for a total value of $619,249.12. Following the completion of the transaction, the chief marketing officer directly owned 77,661 shares of the company’s stock, valued at $28,660,015.44. This trade represents a 2.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in Burlington Stores during the second quarter worth about $2,157,518,000. Jupiter Topco LLC purchased a new position in Burlington Stores in the 2nd quarter worth about $283,228,000. Primecap Management Co. CA acquired a new stake in shares of Burlington Stores in the second quarter worth $266,416,000. Norges Bank bought a new stake in Burlington Stores in the fourth quarter worth $224,971,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Burlington Stores during the 2nd quarter worth about $148,766,000.

Burlington Stores Stock Up 0.6%

Shares of NYSE:BURL traded up $1.53 during midday trading on Friday, hitting $256.36. 501,702 shares of the company’s stock traded hands, compared to its average volume of 928,535. The firm’s fifty day moving average price is $309.84 and its two-hundred day moving average price is $317.12. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.47 and a current ratio of 1.17. Burlington Stores has a twelve month low of $226.85 and a twelve month high of $378.33. The company has a market cap of $16.10 billion, a PE ratio of 22.99, a P/E/G ratio of 1.44 and a beta of 1.42.

Burlington Stores (NYSE:BURL) last posted its earnings results on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.77. The business had revenue of $3 billion during the quarter, compared to analyst estimates of $3.03 billion. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.72 earnings per share. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. On average, equities research analysts anticipate that Burlington Stores will post 12.9 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently commented on BURL shares. Evercore reiterated an “outperform” rating and issued a $400.00 price target on shares of Burlington Stores in a research report on Monday, August 17th. Deutsche Bank Aktiengesellschaft decreased their price objective on Burlington Stores from $367.00 to $323.00 and set a “hold” rating on the stock in a research note on Friday, August 28th. Truist Financial raised their price target on shares of Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. Bank of America increased their price target on Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Finally, JPMorgan Chase & Co. decreased their price target on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. Fourteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Burlington Stores currently has an average rating of “Moderate Buy” and a consensus target price of $370.75.

Burlington Stores Company Profile

Burlington Stores, Inc is an off-price retailer operating under the Burlington brand. The company sells a broad assortment of branded and private-label merchandise at discounted prices, including women’s, men’s and children’s apparel; footwear; accessories; home goods; and seasonal products.

Burlington’s merchandise assortment is designed to change frequently, with products sourced through manufacturers, wholesalers and other vendors. This flexible buying model allows the company to offer customers value-oriented selections across multiple categories while adapting its inventory to changing consumer preferences and market conditions.

The company traces its origins to 1972, when it began as a coat-focused retailer in Burlington, New Jersey, under the Burlington Coat Factory name.