Massachusetts Financial Services Co. MA Purchases 59,587 Shares of Burlington Stores, Inc. $BURL

Massachusetts Financial Services Co. MA increased its position in Burlington Stores, Inc. (NYSE:BURL) by 6.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 945,554 shares of the company’s stock after purchasing an additional 59,587 shares during the period. Massachusetts Financial Services Co. MA owned approximately 1.50% of Burlington Stores worth $240,643,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Burlington Stores by 14.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock worth $72,000 after purchasing an additional 38 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of Burlington Stores by 1,604.7% during the 1st quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock worth $345,000 after acquiring an additional 1,364 shares during the period. IFM Investors Pty Ltd boosted its position in Burlington Stores by 4.5% during the second quarter. IFM Investors Pty Ltd now owns 12,105 shares of the company’s stock worth $2,816,000 after purchasing an additional 526 shares during the period. Farther Finance Advisors LLC boosted its holdings in Burlington Stores by 362.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 222 shares of the company’s stock worth $52,000 after buying an additional 174 shares during the period. Finally, GAMMA Investing LLC grew its position in shares of Burlington Stores by 26.4% in the second quarter. GAMMA Investing LLC now owns 1,135 shares of the company’s stock valued at $264,000 after purchasing an additional 237 shares in the last quarter.

Insider Buying and Selling

In other Burlington Stores news, CMO Jennifer Vecchio sold 419 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $274.48, for a total transaction of $115,007.12. Following the completion of the sale, the chief marketing officer directly owned 63,751 shares in the company, valued at approximately $17,498,374.48. The trade was a 0.65% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

BURL has been the subject of several recent analyst reports. Telsey Advisory Group reaffirmed an “outperform” rating and set a $350.00 price objective on shares of Burlington Stores in a research note on Tuesday, November 25th. Cowen reiterated a “buy” rating on shares of Burlington Stores in a report on Wednesday, November 26th. JPMorgan Chase & Co. reduced their target price 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. Deutsche Bank Aktiengesellschaft began coverage on Burlington Stores in a research note on Thursday, January 8th. They issued a “hold” rating and a $318.00 price target on the stock. Finally, TD Cowen decreased their price objective on shares of Burlington Stores from $330.00 to $315.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Sixteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Burlington Stores has a consensus rating of “Moderate Buy” and an average target price of $335.94.

Burlington Stores Stock Down 0.1%

Shares of NYSE:BURL opened at $305.96 on Tuesday. The stock has a market capitalization of $19.25 billion, a price-to-earnings ratio of 35.17, a PEG ratio of 1.89 and a beta of 1.74. The stock has a fifty day simple moving average of $281.08 and a two-hundred day simple moving average of $275.10. Burlington Stores, Inc. has a 12-month low of $212.92 and a 12-month high of $315.14. The company has a current ratio of 1.21, a quick ratio of 0.46 and a debt-to-equity ratio of 1.32.

Burlington Stores (NYSE:BURL) last released 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 return on equity of 41.02% and a net margin of 5.01%.The business had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.74 billion. During the same period in the prior year, the firm posted $1.55 EPS. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. 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 earnings per share for the current fiscal year.

About Burlington Stores

Burlington Stores, Inc is an American off-price retailer that sells apparel and home goods at discounted prices. The company’s merchandise assortment includes clothing for women, men and children, plus baby products, footwear, accessories, beauty items, toys and home décor. Burlington’s merchandising strategy focuses on offering branded and private-label goods at lower prices than traditional department stores by sourcing excess inventory, closeouts and opportunistic buys from manufacturers and other retailers.

The business traces its roots to the Burlington Coat Factory name established in the early 1970s and has since evolved into a broader off-price retailer that carries a wide range of seasonal and everyday merchandise.