Arrowstreet Capital Limited Partnership Cuts Holdings in Burlington Stores, Inc. $BURL

Arrowstreet Capital Limited Partnership reduced its position in shares of Burlington Stores, Inc. (NYSE:BURL) by 30.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 220,808 shares of the company’s stock after selling 95,197 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.35% of Burlington Stores worth $51,369,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of BURL. M&T Bank Corp raised its holdings in Burlington Stores by 4.7% in the 2nd quarter. M&T Bank Corp now owns 2,556 shares of the company’s stock worth $594,000 after purchasing an additional 114 shares during the period. Claret Asset Management Corp grew its holdings in Burlington Stores by 18.0% in the second quarter. Claret Asset Management Corp now owns 1,009 shares of the company’s stock valued at $235,000 after purchasing an additional 154 shares during the period. BLI Banque de Luxembourg Investments increased its position in shares of Burlington Stores by 1.3% in the second quarter. BLI Banque de Luxembourg Investments now owns 46,100 shares of the company’s stock valued at $10,629,000 after buying an additional 600 shares in the last quarter. Grandeur Peak Global Advisors LLC increased its position in shares of Burlington Stores by 3.3% in the second quarter. Grandeur Peak Global Advisors LLC now owns 38,660 shares of the company’s stock valued at $8,994,000 after buying an additional 1,231 shares in the last quarter. Finally, First National Advisers LLC raised its stake in shares of Burlington Stores by 5.9% during the 2nd quarter. First National Advisers LLC now owns 3,756 shares of the company’s stock worth $874,000 after buying an additional 210 shares during the period.

Burlington Stores Price Performance

Shares of NYSE BURL opened at $256.68 on Friday. The firm has a 50-day simple moving average of $268.70 and a 200-day simple moving average of $263.55. The company has a quick ratio of 0.46, a current ratio of 1.21 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $16.15 billion, a price-to-earnings ratio of 29.50, a price-to-earnings-growth ratio of 1.63 and a beta of 1.79. Burlington Stores, Inc. has a 52 week low of $212.92 and a 52 week high of $309.00.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.09. Burlington Stores had a net margin of 5.01% and a return on equity of 41.02%. The company had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter in the prior year, the company earned $1.55 EPS. Burlington Stores’s revenue was up 7.1% compared to the same quarter last year. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS and its FY 2025 guidance at 9.690-9.890 EPS. On average, equities analysts predict that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

Insider Activity at Burlington Stores

In other Burlington Stores news, CAO Stephen Ferroni sold 1,123 shares of the company’s stock in a transaction on 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 sale, the chief accounting officer directly 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 filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Jennifer Vecchio sold 419 shares of Burlington Stores stock in a transaction on Monday, November 3rd. The stock was 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 approximately $17,498,374.48. This represents a 0.65% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 1,626 shares of company stock valued at $452,804. Insiders own 1.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Bank of America lifted their price target on shares of Burlington Stores from $350.00 to $363.00 and gave the company a “buy” rating in a research note on Friday, August 29th. JPMorgan Chase & Co. decreased their price objective on shares of Burlington Stores from $346.00 to $316.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Weiss Ratings reissued a “hold (c+)” rating on shares of Burlington Stores in a research note on Wednesday, October 8th. Telsey Advisory Group restated an “outperform” rating and set a $350.00 price target on shares of Burlington Stores in a research report on Tuesday, November 25th. Finally, UBS Group reaffirmed a “buy” rating on shares of Burlington Stores in a research note on Monday, November 17th. Fifteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $336.21.

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.