Brokerages Set Burlington Stores, Inc. (NYSE:BURL) Price Target at $318.92

Key Points

• Burlington Stores, Inc. is currently rated as a "Buy" by 13 analysts, with an average price target of $318.92 for the next year.
• Recent insider transactions include CAO Stephen Ferroni and CMO Jennifer Vecchio selling shares, with Ferroni's sale reducing his holdings by 15.85%.
• Institutional investors have shown increased interest, with notable investments from Norges Bank, which acquired a new stake worth approximately $171.9 million.

Shares of Burlington Stores, Inc. (NYSE:BURL - Get Free Report) have been assigned an average rating of "Buy" from the fourteen brokerages that are covering the firm, MarketBeat Ratings reports. Fourteen analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $340.7143.

BURL has been the subject of several research reports. Bank of America upped their price target on shares of Burlington Stores from $350.00 to $363.00 and gave the company a "buy" rating in a research report on Friday. Jefferies Financial Group upped their price target on shares of Burlington Stores from $300.00 to $350.00 and gave the company a "buy" rating in a research report on Friday. Telsey Advisory Group reiterated an "outperform" rating and issued a $300.00 price target on shares of Burlington Stores in a research report on Thursday. Barclays upped their price target on shares of Burlington Stores from $299.00 to $336.00 and gave the company an "overweight" rating in a research report on Friday. Finally, Robert W. Baird dropped their price objective on shares of Burlington Stores from $335.00 to $325.00 and set an "outperform" rating on the stock in a research note on Friday, May 30th.

Insider Buying and Selling at Burlington Stores

In other news, CMO Jennifer Vecchio sold 420 shares of the company's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $236.64, for a total transaction of $99,388.80. Following the transaction, the chief marketing officer directly owned 65,429 shares of the company's stock, valued at $15,483,118.56. This represents a 0.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Stephen Ferroni sold 450 shares of the company's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $241.39, for a total transaction of $108,625.50. Following the transaction, the chief accounting officer directly owned 2,389 shares in the company, valued at approximately $576,680.71. This trade represents a 15.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.10% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its position in shares of Burlington Stores by 9.6% in the fourth quarter. NewEdge Advisors LLC now owns 947 shares of the company's stock worth $270,000 after acquiring an additional 83 shares during the last quarter. Stifel Financial Corp raised its holdings in Burlington Stores by 8.8% in the fourth quarter. Stifel Financial Corp now owns 5,128 shares of the company's stock valued at $1,462,000 after buying an additional 415 shares during the period. Hsbc Holdings PLC raised its stake in shares of Burlington Stores by 6.6% during the fourth quarter. Hsbc Holdings PLC now owns 43,270 shares of the company's stock valued at $12,336,000 after purchasing an additional 2,685 shares during the period. Hancock Whitney Corp purchased a new stake in shares of Burlington Stores during the fourth quarter valued at approximately $310,000. Finally, Coldstream Capital Management Inc. raised its stake in shares of Burlington Stores by 18.6% during the fourth quarter. Coldstream Capital Management Inc. now owns 1,076 shares of the company's stock valued at $307,000 after purchasing an additional 169 shares during the period.

Burlington Stores Stock Down 1.7%

NYSE:BURL traded down $4.93 during mid-day trading on Monday, hitting $290.35. The stock had a trading volume of 1,824,470 shares, compared to its average volume of 985,682. The stock has a 50-day simple moving average of $265.57 and a two-hundred day simple moving average of $248.17. The company has a market capitalization of $18.32 billion, a PE ratio of 34.28, a PEG ratio of 2.53 and a beta of 1.69. Burlington Stores has a twelve month low of $212.92 and a twelve month high of $309.00. The company has a current ratio of 1.23, a quick ratio of 0.39 and a debt-to-equity ratio of 1.40.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its earnings results on Thursday, August 28th. The company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.32. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The firm had revenue of $2.70 billion for the quarter, compared to analysts' expectations of $2.64 billion. During the same quarter last year, the company earned $1.24 earnings per share. The firm's revenue was up 9.7% compared to the same quarter last year. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. On average, equities research analysts anticipate that Burlington Stores will post 7.93 EPS for the current 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.