Travis Marquette Sells 3,759 Shares of Burlington Stores (NYSE:BURL) Stock

Burlington Stores, Inc. (NYSE:BURL) COO Travis Marquette sold 3,759 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the completion of the sale, the chief operating officer directly owned 26,350 shares of the company’s stock, valued at approximately $8,636,212.50. This represents a 12.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Burlington Stores Trading Down 3.0%

BURL opened at $319.54 on Friday. The firm has a 50 day simple moving average of $305.50 and a 200 day simple moving average of $285.28. Burlington Stores, Inc. has a fifty-two week low of $212.92 and a fifty-two week high of $332.20. The company has a market cap of $20.03 billion, a price-to-earnings ratio of 33.57, a price-to-earnings-growth ratio of 1.99 and a beta of 1.73. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.23 and a quick ratio of 0.65.

Burlington Stores (NYSE:BURL) last posted its earnings results on Thursday, March 5th. The company reported $4.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.70 by $0.29. The company had revenue of $3.65 billion during the quarter, compared to analyst estimates of $2.77 billion. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The company’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the previous year, the company earned $4.07 EPS. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. On average, sell-side analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Hedge Funds Weigh In On Burlington Stores

A number of institutional investors have recently added to or reduced their stakes in BURL. Northwestern Mutual Wealth Management Co. grew its position in shares of Burlington Stores by 303,059.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock valued at $552,552,000 after acquiring an additional 1,912,305 shares during the period. Norges Bank acquired a new position in shares of Burlington Stores during the 4th quarter worth about $224,971,000. Alyeska Investment Group L.P. raised its holdings in shares of Burlington Stores by 103.5% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,285,336 shares of the company’s stock valued at $371,269,000 after purchasing an additional 653,718 shares during the period. T. Rowe Price Investment Management Inc. raised its holdings in shares of Burlington Stores by 15.8% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company’s stock valued at $817,122,000 after purchasing an additional 386,615 shares during the period. Finally, Wellington Management Group LLP lifted its stake in Burlington Stores by 121.0% in the 4th quarter. Wellington Management Group LLP now owns 595,961 shares of the company’s stock valued at $172,143,000 after purchasing an additional 326,328 shares during the last quarter.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Burlington Stores in a research report on Thursday, January 8th. They issued a “hold” rating and a $318.00 price objective on the stock. Weiss Ratings upgraded shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Sanford C. Bernstein set a $350.00 price target on shares of Burlington Stores and gave the stock an “outperform” rating in a research report on Tuesday, January 6th. Robert W. Baird increased their price objective on shares of Burlington Stores from $345.00 to $375.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Finally, Barclays lifted their target price on Burlington Stores from $331.00 to $335.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Sixteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $355.44.

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.