276,609 Shares in Burlington Stores, Inc. $BURL Acquired by Vaughan Nelson Investment Management L.P.

Key Points

• Vaughan Nelson Investment Management L.P. has acquired 276,609 shares of Burlington Stores, valued at approximately $64.35 million, marking a new investment in the company.
• Burlington Stores recently reported better-than-expected quarterly earnings, with an EPS of $1.59, surpassing estimates and showing a 9.7% revenue increase from the previous year.
• Several analysts have raised their price targets for Burlington Stores, with Morgan Stanley and Bank of America targeting prices of $328.00 and $363.00 respectively, indicating broad positive sentiment about the stock.

Vaughan Nelson Investment Management L.P. bought a new position in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 276,609 shares of the company's stock, valued at approximately $64,350,000. Vaughan Nelson Investment Management L.P. owned approximately 0.44% of Burlington Stores as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Golden State Wealth Management LLC increased its stake in Burlington Stores by 258.6% during the 1st quarter. Golden State Wealth Management LLC now owns 104 shares of the company's stock worth $25,000 after purchasing an additional 75 shares in the last quarter. WPG Advisers LLC bought a new stake in Burlington Stores during the 1st quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in 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 in the last quarter. Brooklyn Investment Group increased its stake in 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 in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in 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 in the last quarter.

Insider Buying and Selling

In other news, CAO Stephen Ferroni sold 1,123 shares of Burlington Stores stock in a transaction on Tuesday, September 9th. The stock was 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 owned 2,389 shares of the company's stock, valued at approximately $671,906.25. This trade represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.10% of the stock is currently owned by company insiders.

Burlington Stores Trading Up 1.1%

NYSE BURL opened at $258.68 on Friday. The company has a market cap of $16.30 billion, a PE ratio of 30.54, a PEG ratio of 1.91 and a beta of 1.74. The company has a current ratio of 1.23, a quick ratio of 0.55 and a debt-to-equity ratio of 1.40. Burlington Stores, Inc. has a 12 month low of $212.92 and a 12 month high of $309.00. The stock has a 50 day moving average of $275.64 and a 200-day moving average of $253.52.

Burlington Stores (NYSE:BURL - Get Free Report) last released its quarterly earnings data 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 the consensus estimate 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 for the quarter was up 9.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. On average, equities research analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on BURL. Morgan Stanley raised their price target on shares of Burlington Stores from $309.00 to $328.00 and gave the stock an "overweight" rating in a research note on Friday, August 29th. Bank of America raised their price target on shares of Burlington Stores from $350.00 to $363.00 and gave the stock a "buy" rating in a research note on Friday, August 29th. JPMorgan Chase & Co. raised 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. UBS Group raised their price target on shares of Burlington Stores from $390.00 to $430.00 and gave the stock a "buy" rating in a research note on Friday, August 29th. Finally, Evercore ISI raised their price target on shares of Burlington Stores from $310.00 to $370.00 and gave the stock an "outperform" rating in a research note on Friday, August 29th. Fourteen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $344.29.

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.

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