Burlington Stores, Inc. $BURL Shares Sold by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC lessened its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 17.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,344 shares of the company’s stock after selling 290 shares during the quarter. Pallas Capital Advisors LLC’s holdings in Burlington Stores were worth $313,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Golden State Wealth Management LLC lifted its holdings in Burlington Stores by 258.6% during the 1st quarter. Golden State Wealth Management LLC now owns 104 shares of the company’s stock worth $25,000 after buying an additional 75 shares during the last quarter. WPG Advisers LLC acquired a new stake in Burlington Stores in the 1st quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. increased its position in Burlington Stores by 250.9% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 186 shares of the company’s stock valued at $43,000 after acquiring an additional 133 shares during the period. Brooklyn Investment Group increased its position in Burlington Stores by 48.2% in the 1st quarter. Brooklyn Investment Group now owns 206 shares of the company’s stock valued at $49,000 after acquiring an additional 67 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Burlington Stores in the 4th quarter valued at approximately $75,000.

Burlington Stores Trading Down 0.8%

Burlington Stores stock opened at $262.78 on Monday. Burlington Stores, Inc. has a 52 week low of $212.92 and a 52 week 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 market capitalization of $16.56 billion, a P/E ratio of 31.02, a PEG ratio of 1.97 and a beta of 1.72. The stock has a 50-day simple moving average of $277.36 and a 200 day simple moving average of $252.08.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings data on Thursday, August 28th. The company reported $1.59 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $2.64 billion. During the same period last year, the business posted $1.24 earnings per share. The business’s revenue for the quarter 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. Analysts expect that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Insider Buying and Selling

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on BURL shares. Morgan Stanley lifted their target price on Burlington Stores from $309.00 to $328.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. JPMorgan Chase & Co. boosted their price objective on Burlington Stores from $280.00 to $338.00 and gave the stock an “overweight” rating in a research report on Monday, July 28th. Jefferies Financial Group upped their price objective on Burlington Stores from $300.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, August 29th. Bank of America increased their price target on Burlington Stores from $350.00 to $363.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Finally, Loop Capital decreased their price objective on Burlington Stores from $315.00 to $305.00 and set a “buy” rating on the stock in a research report on Friday, May 30th. Fourteen investment analysts have rated the stock with a Buy rating, According to MarketBeat, Burlington Stores currently has a consensus rating of “Buy” and an average price target of $344.29.

Burlington Stores Company 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.