Burlington Stores (NYSE:BURL) CAO Stephen Ferroni Sells 2,343 Shares of Stock

Burlington Stores, Inc. (NYSE:BURLGet Free Report) CAO Stephen Ferroni sold 2,343 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction of $790,106.46. Following the transaction, the chief accounting officer owned 1,391 shares in the company, valued at $469,073.02. The trade was a 62.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Burlington Stores Stock Down 0.6%

Burlington Stores stock opened at $336.41 on Tuesday. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 1.03. Burlington Stores, Inc. has a 12-month low of $218.52 and a 12-month high of $351.85. The firm’s fifty day moving average is $321.55 and its 200 day moving average is $305.11. The company has a market capitalization of $21.17 billion, a PE ratio of 34.57, a PEG ratio of 1.82 and a beta of 1.46.

Burlington Stores (NYSE:BURLGet Free Report) last released its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The company had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the previous year, the company earned $1.60 EPS. Burlington Stores’s quarterly revenue was up 14.1% compared to the same quarter last year. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. As a group, sell-side analysts predict that Burlington Stores, Inc. will post 11.71 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Telsey Advisory Group reiterated an “outperform” rating and set a $365.00 target price on shares of Burlington Stores in a research report on Tuesday, March 31st. UBS Group restated a “buy” rating and set a $435.00 price objective on shares of Burlington Stores in a report on Friday, May 29th. Wall Street Zen upgraded shares of Burlington Stores from a “hold” rating to a “buy” rating in a report on Saturday, May 30th. Robert W. Baird upped their price objective on shares of Burlington Stores from $345.00 to $375.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. Finally, Truist Financial upped their price objective on shares of Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Fifteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Burlington Stores currently has an average rating of “Moderate Buy” and a consensus price target of $353.56.

Get Our Latest Stock Report on Burlington Stores

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BURL. Signaturefd LLC raised its holdings in shares of Burlington Stores by 4.4% in the fourth quarter. Signaturefd LLC now owns 787 shares of the company’s stock valued at $227,000 after purchasing an additional 33 shares during the last quarter. Harbour Investments Inc. raised its holdings in shares of Burlington Stores by 44.7% in the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after purchasing an additional 34 shares during the last quarter. Fifth Third Bancorp raised its holdings in shares of Burlington Stores by 6.4% in the fourth quarter. Fifth Third Bancorp now owns 585 shares of the company’s stock valued at $169,000 after purchasing an additional 35 shares during the last quarter. Vident Advisory LLC raised its holdings in shares of Burlington Stores by 1.1% in the second quarter. Vident Advisory LLC now owns 3,330 shares of the company’s stock valued at $775,000 after purchasing an additional 36 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in shares of Burlington Stores by 17.8% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 251 shares of the company’s stock valued at $73,000 after purchasing an additional 38 shares during the last quarter.

About Burlington Stores

(Get Free Report)

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.

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