Burlington Stores (NYSE:BURL) COO Travis Marquette Sells 84 Shares

Key Points

• Travis Marquette, COO of Burlington Stores, sold 84 shares at an average price of $261.35, decreasing his position by 0.37% to a total of 22,592 shares.
• Burlington Stores reported earnings of $1.59 EPS, surpassing analysts' expectations of $1.27, with quarterly revenue reaching $2.70 billion.
• Analysts maintain a consensus rating of "Moderate Buy"* for Burlington Stores, with price targets ranging from $316.00 to $370.00.

Burlington Stores, Inc. (NYSE:BURL - Get Free Report) COO Travis Marquette sold 84 shares of the company's stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $261.35, for a total value of $21,953.40. Following the completion of the sale, the chief operating officer owned 22,592 shares of the company's stock, valued at approximately $5,904,419.20. The trade was a 0.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Burlington Stores Stock Performance

BURL traded up $9.42 during midday trading on Wednesday, reaching $269.32. The company had a trading volume of 804,385 shares, compared to its average volume of 1,112,382. The company has a quick ratio of 0.55, a current ratio of 1.23 and a debt-to-equity ratio of 1.40. The business has a 50-day moving average of $274.72 and a two-hundred day moving average of $253.95. The company has a market cap of $16.98 billion, a P/E ratio of 31.80, a P/E/G ratio of 1.96 and a beta of 1.74. Burlington Stores, Inc. has a 1 year low of $212.92 and a 1 year high of $309.00.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its quarterly earnings results on Thursday, August 28th. The company reported $1.59 EPS for the quarter, topping analysts' consensus estimates of $1.27 by $0.32. The business 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 business's quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.24 earnings per share. 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, equities research analysts predict that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Burlington Stores

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of Burlington Stores by 3.4% in the 1st quarter. Vanguard Group Inc. now owns 6,603,257 shares of the company's stock valued at $1,573,754,000 after buying an additional 219,124 shares during the period. SRS Investment Management LLC increased its stake in shares of Burlington Stores by 15.9% in the 2nd quarter. SRS Investment Management LLC now owns 1,472,137 shares of the company's stock valued at $342,478,000 after purchasing an additional 201,716 shares in the last quarter. Geode Capital Management LLC grew its holdings in Burlington Stores by 2.3% in the second quarter. Geode Capital Management LLC now owns 1,176,469 shares of the company's stock valued at $272,894,000 after purchasing an additional 26,866 shares during the period. Massachusetts Financial Services Co. MA increased its position in shares of Burlington Stores by 0.6% in the first quarter. Massachusetts Financial Services Co. MA now owns 961,560 shares of the company's stock valued at $229,169,000 after buying an additional 5,912 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Burlington Stores by 4.2% during the 2nd quarter. American Century Companies Inc. now owns 767,436 shares of the company's stock worth $178,536,000 after buying an additional 30,750 shares during the period.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. JPMorgan Chase & Co. boosted their price target on shares of Burlington Stores from $280.00 to $338.00 and gave the stock an "overweight" rating in a research note on Monday, July 28th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Burlington Stores in a research note on Wednesday. The Goldman Sachs Group lowered their target price on Burlington Stores from $317.00 to $316.00 and set a "buy" rating for the company in a research report on Tuesday, July 22nd. Jefferies Financial Group boosted their price target on shares of Burlington Stores from $300.00 to $350.00 and gave the stock a "buy" rating in a research report on Friday, August 29th. Finally, Evercore ISI increased their price objective on shares of Burlington Stores from $310.00 to $370.00 and gave the company an "outperform" rating in a research report on Friday, August 29th. Fourteen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, Burlington Stores currently has a consensus rating of "Moderate Buy" and an average price target of $344.29.

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.

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