Strs Ohio Buys New Shares in Burlington Stores, Inc. $BURL

Strs Ohio bought a new stake in Burlington Stores, Inc. (NYSE:BURL) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,378 shares of the company’s stock, valued at approximately $1,043,000.

A number of other hedge funds have also added to or reduced their stakes in BURL. Alkeon Capital Management LLC bought a new position in Burlington Stores in the first quarter valued at $71,499,000. Interval Partners LP grew its position in Burlington Stores by 667.5% in the first quarter. Interval Partners LP now owns 307,479 shares of the company’s stock valued at $73,281,000 after purchasing an additional 267,419 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Burlington Stores by 55.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 671,999 shares of the company’s stock valued at $191,560,000 after purchasing an additional 240,144 shares in the last quarter. Vanguard Group Inc. lifted its stake in Burlington Stores by 3.4% in the first quarter. Vanguard Group Inc. now owns 6,603,257 shares of the company’s stock valued at $1,573,754,000 after acquiring an additional 219,124 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in Burlington Stores by 23,496.5% in the first quarter. GAMMA Investing LLC now owns 214,020 shares of the company’s stock valued at $51,007,000 after acquiring an additional 213,113 shares during the last quarter.

Analyst Ratings Changes

A number of analysts have commented on the stock. Evercore ISI increased their price target on shares of Burlington Stores from $310.00 to $370.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. The Goldman Sachs Group cut their price target on shares of Burlington Stores from $317.00 to $316.00 and set a “buy” rating for the company in a research note on Tuesday, July 22nd. Wells Fargo & Company increased their price target on shares of Burlington Stores from $300.00 to $330.00 and gave the company an “overweight” rating in a research note on Thursday, August 28th. JPMorgan Chase & Co. increased their price target on shares of Burlington Stores from $280.00 to $338.00 and gave the company an “overweight” rating in a research note on Monday, July 28th. Finally, Morgan Stanley increased their price target on shares of Burlington Stores from $309.00 to $328.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Fourteen analysts have rated the stock with a Buy rating, According to data from MarketBeat, Burlington Stores has a consensus rating of “Buy” and an average target price of $344.29.

Burlington Stores Price Performance

BURL stock opened at $264.81 on Friday. The company has a quick ratio of 0.55, a current ratio of 1.23 and a debt-to-equity ratio of 1.40. Burlington Stores, Inc. has a 12 month low of $212.92 and a 12 month high of $309.00. The firm has a market cap of $16.69 billion, a P/E ratio of 31.26, a P/E/G ratio of 1.97 and a beta of 1.72. The company’s 50-day moving average price is $277.11 and its two-hundred day moving average price is $251.79.

Burlington Stores (NYSE:BURL) last released 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 net margin of 4.96% and a return on equity of 42.74%. The firm had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same period last year, the firm earned $1.24 EPS. The business’s quarterly revenue was up 9.7% compared to the same quarter last year. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. On average, analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

Insider Activity

In other Burlington Stores news, CMO Jennifer Vecchio sold 420 shares of the firm’s stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $236.64, for a total value of $99,388.80. Following the transaction, the chief marketing officer directly owned 65,429 shares of the company’s stock, valued at $15,483,118.56. This trade represents a 0.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Stephen Ferroni sold 1,123 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total transaction of $315,843.75. Following the completion of the transaction, the chief accounting officer directly owned 2,389 shares in the company, valued at approximately $671,906.25. This represents a 31.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.10% of the stock is owned by company insiders.

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.