Farther Finance Advisors LLC Boosts Stock Position in Burlington Stores, Inc. $BURL

Farther Finance Advisors LLC increased its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 362.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 222 shares of the company’s stock after buying an additional 174 shares during the period. Farther Finance Advisors LLC’s holdings in Burlington Stores were worth $52,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Golden State Wealth Management LLC raised its position in Burlington Stores by 258.6% during the first quarter. Golden State Wealth Management LLC now owns 104 shares of the company’s stock worth $25,000 after acquiring an additional 75 shares during the period. WPG Advisers LLC purchased a new stake in shares of Burlington Stores during the first quarter worth about $26,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Burlington Stores by 250.9% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 186 shares of the company’s stock worth $43,000 after purchasing an additional 133 shares in the last quarter. Brooklyn Investment Group raised its position in shares of Burlington Stores by 48.2% during the 1st quarter. Brooklyn Investment Group now owns 206 shares of the company’s stock worth $49,000 after purchasing an additional 67 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Burlington Stores by 14.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after buying an additional 38 shares in the last quarter.

Insider Buying and Selling

In other news, CAO Stephen Ferroni sold 1,123 shares of the firm’s stock in a transaction on Tuesday, September 9th. The stock was 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 $671,906.25. This trade represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.10% of the stock is owned by company insiders.

Burlington Stores Trading Up 1.2%

NYSE BURL opened at $261.98 on Tuesday. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.23 and a quick ratio of 0.55. The stock has a market capitalization of $16.51 billion, a P/E ratio of 30.93, a PEG ratio of 1.94 and a beta of 1.74. The firm’s 50-day moving average is $275.12 and its two-hundred day moving average is $253.90. Burlington Stores, Inc. has a 12 month low of $212.92 and a 12 month high of $309.00.

Burlington Stores (NYSE:BURL) last released its quarterly earnings results on Thursday, August 28th. The company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.32. The business had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.64 billion. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The business’s revenue was up 9.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.24 EPS. 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, sell-side analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on BURL shares. Telsey Advisory Group reiterated an “outperform” rating and issued a $350.00 price objective (up from $300.00) on shares of Burlington Stores in a report on Thursday, August 28th. Morgan Stanley lifted their price target on Burlington Stores from $309.00 to $328.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. Evercore ISI boosted their price target on Burlington Stores from $310.00 to $370.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Weiss Ratings restated a “hold (c+)” rating on shares of Burlington Stores in a report on Saturday, September 27th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Burlington Stores from $280.00 to $338.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. Fourteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Burlington Stores has an average rating of “Moderate Buy” and a consensus price target of $344.29.

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.