American Century Companies Inc. Boosts Position in Burlington Stores, Inc. $BURL

American Century Companies Inc. raised its position in Burlington Stores, Inc. (NYSE:BURL) by 4.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 767,436 shares of the company’s stock after purchasing an additional 30,750 shares during the period. American Century Companies Inc. owned 1.22% of Burlington Stores worth $178,536,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Archer Investment Corp increased its stake in Burlington Stores by 49.6% in the second quarter. Archer Investment Corp now owns 603 shares of the company’s stock valued at $140,000 after acquiring an additional 200 shares during the last quarter. Magnetar Financial LLC purchased a new position in shares of Burlington Stores in the 2nd quarter worth about $328,000. Swiss National Bank boosted its holdings in shares of Burlington Stores by 6.8% in the 2nd quarter. Swiss National Bank now owns 191,100 shares of the company’s stock worth $44,458,000 after purchasing an additional 12,100 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Burlington Stores during the 2nd quarter valued at about $946,000. Finally, Westfield Capital Management Co. LP purchased a new position in shares of Burlington Stores during the 2nd quarter valued at about $49,702,000.

Insider Activity

In other news, CMO Jennifer Vecchio sold 419 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $274.48, for a total value of $115,007.12. Following the transaction, the chief marketing officer owned 63,751 shares in the company, valued at $17,498,374.48. This represents a 0.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Stephen Ferroni sold 1,123 shares of the firm’s stock in a transaction that occurred 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 approximately $671,906.25. The trade was a 31.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,626 shares of company stock valued at $452,804 in the last ninety days. Insiders own 1.10% of the company’s stock.

Burlington Stores Price Performance

NYSE BURL opened at $296.32 on Monday. The stock has a market capitalization of $18.68 billion, a price-to-earnings ratio of 34.98, a PEG ratio of 2.22 and a beta of 1.74. Burlington Stores, Inc. has a 1-year low of $212.92 and a 1-year high of $309.00. 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 business’s fifty day moving average price is $270.21 and its 200-day moving average price is $263.80.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings data on Thursday, August 28th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.27 by $0.32. Burlington Stores had a return on equity of 42.74% and a net margin of 4.96%.The company had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same quarter in the previous year, the company posted $1.24 earnings per share. Burlington Stores’s 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, equities analysts predict that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

BURL has been the subject of several recent research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Burlington Stores in a research note on Wednesday, October 8th. UBS Group reiterated a “buy” rating on shares of Burlington Stores in a report on Monday, November 17th. Gordon Haskett lowered shares of Burlington Stores from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 5th. Telsey Advisory Group restated an “outperform” rating and issued a $350.00 price objective on shares of Burlington Stores in a report on Tuesday, November 18th. Finally, 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 report on Friday, August 29th. Fourteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $344.14.

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.