Burlington Stores (NYSE:BURL) CAO Stephen Ferroni Sells 1,123 Shares

Key Points

• Burlington Stores CAO Stephen Ferroni sold 1,123 shares of the company's stock at $281.25 each, totaling approximately $315,843.75, reducing his position by 31.98%.
• Despite the sale, Burlington Stores reported $1.59 EPS for the recent quarter, outperforming analysts' expectations, with revenue of $2.70 billion, an increase of 9.7% year-over-year.
• Multiple analysts have raised their price targets for Burlington Stores, with Barclays increasing their target to $336.00 and UBS Group to $430.00, indicating a strong consensus rating of "Buy" for the stock.

Burlington Stores, Inc. (NYSE:BURL - Get Free Report) CAO Stephen Ferroni sold 1,123 shares of the company's stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $281.25, for a total value of $315,843.75. Following the completion of the sale, the chief accounting officer owned 2,389 shares in the company, valued at approximately $671,906.25. This represents a 31.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Burlington Stores Price Performance

Shares of NYSE BURL traded down $0.37 during trading on Thursday, reaching $279.28. The company had a trading volume of 534,109 shares, compared to its average volume of 1,125,428. The stock has a market capitalization of $17.60 billion, a PE ratio of 32.97, a price-to-earnings-growth ratio of 2.10 and a beta of 1.72. Burlington Stores, Inc. 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 0.55 and a debt-to-equity ratio of 1.40. The stock has a 50-day moving average price of $274.91 and a two-hundred day moving average price of $250.67.

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

Analyst Upgrades and Downgrades

BURL has been the subject of several recent analyst reports. Bank of America raised their price objective on shares of Burlington Stores from $350.00 to $363.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Robert W. Baird dropped their price target 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. Barclays boosted their price target on shares of Burlington Stores from $299.00 to $336.00 and gave the stock an "overweight" rating in a research report on Friday, August 29th. Evercore ISI raised their target price on Burlington Stores from $310.00 to $370.00 and gave the company an "outperform" rating in a research note on Friday, August 29th. Finally, UBS Group upped their price objective on shares of Burlington Stores from $390.00 to $430.00 and gave the company a "buy" rating in a research note on Friday, August 29th. Fourteen research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $344.29.

Hedge Funds Weigh In On Burlington Stores

Several large investors have recently added to or reduced their stakes in the company. Vident Advisory LLC raised its position in shares of Burlington Stores by 1.1% in the 2nd quarter. Vident Advisory LLC now owns 3,330 shares of the company's stock valued at $775,000 after acquiring an additional 36 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of 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 buying an additional 38 shares during the period. Emerald Advisers LLC raised its holdings in shares of Burlington Stores by 1.8% in the second quarter. Emerald Advisers LLC now owns 2,168 shares of the company's stock valued at $504,000 after purchasing an additional 39 shares during the last quarter. Nissay Asset Management Corp Japan ADV increased its stake in Burlington Stores by 0.6% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 7,660 shares of the company's stock valued at $2,237,000 after buying an additional 49 shares during the last quarter. Finally, Nicolet Advisory Services LLC grew its stake in Burlington Stores by 2.0% in the first quarter. Nicolet Advisory Services LLC now owns 2,717 shares of the company's stock valued at $661,000 after purchasing an additional 54 shares in the last quarter.

About Burlington Stores

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.

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