Baird Financial Group Inc. Has $45.90 Million Position in Burlington Stores, Inc. $BURL

Baird Financial Group Inc. cut its position in shares of Burlington Stores, Inc. (NYSE:BURL) by 7.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 197,285 shares of the company’s stock after selling 15,565 shares during the period. Baird Financial Group Inc. owned 0.31% of Burlington Stores worth $45,896,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. WPG Advisers LLC bought a new position in Burlington Stores during the first quarter worth about $26,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Burlington Stores by 250.9% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 186 shares of the company’s stock valued at $43,000 after buying an additional 133 shares during the last quarter. Brooklyn Investment Group lifted its position in shares of Burlington Stores by 48.2% in the first quarter. Brooklyn Investment Group now owns 206 shares of the company’s stock valued at $49,000 after buying an additional 67 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Burlington Stores by 362.5% during the 2nd quarter. Farther Finance Advisors LLC now owns 222 shares of the company’s stock worth $52,000 after acquiring an additional 174 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Burlington Stores by 14.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock worth $72,000 after acquiring an additional 38 shares during the last quarter.

Analyst Ratings Changes

Several equities research analysts have issued reports on BURL shares. Bank of America raised their price target on Burlington Stores from $350.00 to $363.00 and gave the company a “buy” rating in a report on Friday, August 29th. Barclays cut their target price on shares of Burlington Stores from $336.00 to $331.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Jefferies Financial Group reaffirmed a “buy” rating and set a $330.00 target price on shares of Burlington Stores in a report on Tuesday, November 25th. UBS Group reissued a “buy” rating on shares of Burlington Stores in a report on Monday, November 17th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $350.00 price objective on shares of Burlington Stores in a research report on Tuesday, November 25th. Fifteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $336.21.

Insider Transactions at Burlington Stores

In other Burlington Stores news, CAO Stephen Ferroni sold 1,123 shares of the firm’s stock in a transaction dated 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 directly owned 2,389 shares of the company’s stock, valued at $671,906.25. This trade represents a 31.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CMO Jennifer Vecchio sold 419 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $274.48, for a total transaction of $115,007.12. Following the sale, the chief marketing officer directly owned 63,751 shares of the company’s stock, valued at approximately $17,498,374.48. This trade represents a 0.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,626 shares of company stock worth $452,804 over the last quarter. Corporate insiders own 1.10% of the company’s stock.

Burlington Stores Trading Up 3.1%

Shares of NYSE:BURL opened at $256.68 on Friday. The company has a market capitalization of $16.15 billion, a P/E ratio of 29.50, a P/E/G ratio of 1.63 and a beta of 1.79. 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 1.32, a current ratio of 1.21 and a quick ratio of 0.46. The business’s 50 day simple moving average is $268.70 and its 200 day simple moving average is $263.55.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.09. The firm had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.74 billion. Burlington Stores had a return on equity of 41.02% and a net margin of 5.01%.The company’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.55 EPS. 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, research analysts anticipate 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.