DekaBank Deutsche Girozentrale Sells 2,052 Shares of Burlington Stores, Inc. $BURL

DekaBank Deutsche Girozentrale reduced its stake in Burlington Stores, Inc. (NYSE:BURL) by 12.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,292 shares of the company’s stock after selling 2,052 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Burlington Stores were worth $3,271,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC raised its holdings in Burlington Stores by 258.6% in the 1st quarter. Golden State Wealth Management LLC now owns 104 shares of the company’s stock worth $25,000 after purchasing an additional 75 shares during the period. WPG Advisers LLC bought a new stake in Burlington Stores during the first quarter valued at about $26,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Burlington Stores by 250.9% during the second 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 raised its holdings in Burlington Stores by 48.2% during the first 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, Farther Finance Advisors LLC raised its holdings in Burlington Stores by 362.5% during the second quarter. Farther Finance Advisors LLC now owns 222 shares of the company’s stock valued at $52,000 after acquiring an additional 174 shares during the period.

Analyst Ratings Changes

A number of research firms have commented on BURL. Weiss Ratings reissued a “hold (c+)” rating on shares of Burlington Stores in a report on Friday. JPMorgan Chase & Co. raised their price target on Burlington Stores from $280.00 to $338.00 and gave the company an “overweight” rating in a report on Monday, July 28th. Morgan Stanley raised their price target on Burlington Stores from $309.00 to $328.00 and gave the company an “overweight” rating in a report on Friday, August 29th. Evercore ISI raised their price target on Burlington Stores from $310.00 to $370.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Finally, Barclays lifted their target price on Burlington Stores from $299.00 to $336.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Fourteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $344.29.

Insider Buying and Selling

In related news, CAO Stephen Ferroni sold 1,123 shares of Burlington Stores stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $281.25, for a total value of $315,843.75. Following the completion of the transaction, the chief accounting officer owned 2,389 shares in the company, valued at approximately $671,906.25. This trade represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.10% of the company’s stock.

Burlington Stores Trading Up 0.3%

Shares of BURL stock opened at $268.80 on Friday. Burlington Stores, Inc. has a 12-month low of $212.92 and a 12-month high of $309.00. The company has a current ratio of 1.23, a quick ratio of 0.55 and a debt-to-equity ratio of 1.40. The stock’s 50-day moving average price is $272.34 and its 200-day moving average price is $256.77. The stock has a market capitalization of $16.94 billion, a price-to-earnings ratio of 31.74, a price-to-earnings-growth ratio of 2.01 and a beta of 1.74.

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

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.