Asset Management One Co. Ltd. increased its holdings in Burlington Stores, Inc. (NYSE:BURL – Free Report) by 0.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,993 shares of the company’s stock after acquiring an additional 79 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Burlington Stores were worth $5,582,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors also recently modified their holdings of BURL. Golden State Wealth Management LLC increased its stake in shares of Burlington Stores by 672.4% in the 1st quarter. Golden State Wealth Management LLC now owns 224 shares of the company’s stock worth $53,000 after acquiring an additional 195 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in Burlington Stores by 22.6% during the 1st quarter. Sequoia Financial Advisors LLC now owns 2,645 shares of the company’s stock valued at $630,000 after purchasing an additional 488 shares during the last quarter. Oregon Public Employees Retirement Fund grew its position in Burlington Stores by 0.5% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 12,869 shares of the company’s stock valued at $3,067,000 after purchasing an additional 59 shares during the last quarter. Palisade Capital Management LP grew its position in Burlington Stores by 2.4% during the 1st quarter. Palisade Capital Management LP now owns 17,481 shares of the company’s stock valued at $4,166,000 after purchasing an additional 407 shares during the last quarter. Finally, OneDigital Investment Advisors LLC grew its position in Burlington Stores by 27.6% during the 1st quarter. OneDigital Investment Advisors LLC now owns 1,339 shares of the company’s stock valued at $319,000 after purchasing an additional 290 shares during the last quarter.
Insider Buying and Selling at Burlington Stores
In other news, CAO Stephen Ferroni sold 1,123 shares of the stock in a transaction that occurred 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. This represents a 31.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.10% of the stock is owned by company insiders.
Burlington Stores Stock Performance
Burlington Stores (NYSE:BURL – Get Free Report) last announced 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 firm 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 quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter last year, the firm posted $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. As a group, analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current year.
Analysts Set New Price Targets
Several analysts recently commented on BURL shares. JPMorgan Chase & Co. increased their price objective on shares of Burlington Stores from $280.00 to $338.00 and gave the company an “overweight” rating in a research report on Monday, July 28th. Barclays increased their price objective on shares of Burlington Stores from $299.00 to $336.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. Morgan Stanley increased their price objective on shares of Burlington Stores from $309.00 to $328.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. Bank of America increased their price objective on shares of Burlington Stores from $350.00 to $363.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Finally, BTIG Research started coverage on shares of Burlington Stores in a research report on Tuesday, October 14th. They set a “neutral” rating on the stock. Fourteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $343.21.
Read Our Latest Stock Report on BURL
Burlington Stores 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.
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