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

Arrowstreet Capital Limited Partnership lessened 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 SEC. The firm owned 220,808 shares of the company’s stock after selling 95,197 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Burlington Stores were worth $51,369,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in BURL. WPG Advisers LLC acquired a new stake in Burlington Stores during the first quarter worth $26,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Burlington Stores by 250.9% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 186 shares of the company’s stock worth $43,000 after purchasing an additional 133 shares during the period. Brooklyn Investment Group increased its position in shares of Burlington Stores by 48.2% during the 1st quarter. Brooklyn Investment Group now owns 206 shares of the company’s stock worth $49,000 after purchasing an additional 67 shares during the last quarter. Farther Finance Advisors LLC increased its position 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 purchasing an additional 174 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Burlington Stores by 14.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after buying an additional 38 shares during the period.

Insider Activity at Burlington Stores

In other news, CAO Stephen Ferroni sold 1,123 shares of Burlington Stores stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total transaction of $315,843.75. Following the completion of the sale, the chief accounting officer directly owned 2,389 shares of the company’s stock, valued at approximately $671,906.25. The trade was a 31.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CMO Jennifer Vecchio sold 419 shares of the business’s stock in a transaction 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 transaction, the chief marketing officer owned 63,751 shares of the company’s stock, valued at approximately $17,498,374.48. The trade was a 0.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,626 shares of company stock valued at $452,804 in the last quarter. 1.10% of the stock is currently owned by company insiders.

Burlington Stores Trading Up 3.1%

BURL opened at $256.68 on Friday. The business has a fifty day moving average price of $268.70 and a 200 day moving average price of $263.55. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.21 and a quick ratio of 0.46. Burlington Stores, Inc. has a 12 month low of $212.92 and a 12 month high of $309.00. The stock has a market capitalization of $16.15 billion, a price-to-earnings ratio of 29.50, a PEG ratio of 1.63 and a beta of 1.79.

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 return on equity of 41.02% and a net margin of 5.01%.The business had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter last year, the business posted $1.55 EPS. The business’s quarterly 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. Sell-side analysts expect that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on BURL shares. Jefferies Financial Group reaffirmed a “buy” rating and set a $330.00 target price on shares of Burlington Stores in a research note on Tuesday, November 25th. Gordon Haskett cut shares of Burlington Stores from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 5th. Wells Fargo & Company cut their target price on Burlington Stores from $330.00 to $315.00 and set an “overweight” rating on the stock in a research report on Monday, October 27th. Barclays decreased their price target on Burlington Stores from $336.00 to $331.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Finally, BTIG Research began coverage on Burlington Stores in a research note on Tuesday, October 14th. They issued a “neutral” rating for the company. Fifteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Burlington Stores presently has an average rating of “Moderate Buy” and a consensus target price of $336.21.

Burlington Stores 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.