Aberdeen Group plc Buys 21,832 Shares of Burlington Stores, Inc. $BURL

Key Points

• Aberdeen Group plc increased its stake in Burlington Stores by 124.8%, owning 39,324 shares valued at $9.37 million after buying 21,832 additional shares in the most recent quarter.
• Research analysts have mixed ratings for Burlington Stores, with a consensus Buy rating and a price target average of $318.92, although some analysts have lowered their price targets recently.
• Burlington Stores reported $1.60 earnings per share for the last quarter, surpassing estimates, and anticipated earnings guidance for Q2 2025 between $1.200 and $1.300 EPS.

Aberdeen Group plc raised its holdings in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 124.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,324 shares of the company's stock after acquiring an additional 21,832 shares during the quarter. Aberdeen Group plc owned about 0.06% of Burlington Stores worth $9,372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Nissay Asset Management Corp Japan ADV raised its holdings in Burlington Stores by 0.6% during 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 acquiring an additional 49 shares during the period. Nicolet Advisory Services LLC raised its holdings in Burlington Stores by 2.0% during the 1st quarter. Nicolet Advisory Services LLC now owns 2,717 shares of the company's stock valued at $661,000 after acquiring an additional 54 shares during the period. Mount Lucas Management LP raised its holdings in Burlington Stores by 3.1% during the 1st quarter. Mount Lucas Management LP now owns 1,929 shares of the company's stock valued at $460,000 after acquiring an additional 58 shares during the period. Oregon Public Employees Retirement Fund grew its position in shares of Burlington Stores by 0.5% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 12,869 shares of the company's stock valued at $3,067,000 after purchasing an additional 59 shares in the last quarter. Finally, Nippon Life Global Investors Americas Inc. grew its position in shares of Burlington Stores by 2.3% during the 4th quarter. Nippon Life Global Investors Americas Inc. now owns 3,140 shares of the company's stock valued at $895,000 after purchasing an additional 70 shares in the last quarter.

Burlington Stores Trading Up 2.0%

Shares of NYSE BURL traded up $5.4730 during mid-day trading on Friday, hitting $281.0630. The stock had a trading volume of 831,459 shares, compared to its average volume of 898,986. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.39 and a current ratio of 1.06. The business has a 50 day moving average price of $259.94 and a two-hundred day moving average price of $247.35. The firm has a market cap of $17.73 billion, a P/E ratio of 34.49, a price-to-earnings-growth ratio of 2.39 and a beta of 1.69. Burlington Stores, Inc. has a 1 year low of $212.92 and a 1 year high of $298.89.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its quarterly earnings data on Thursday, May 29th. The company reported $1.60 EPS for the quarter, topping the consensus estimate of $1.43 by $0.17. Burlington Stores had a net margin of 4.88% and a return on equity of 44.03%. The business had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same period in the prior year, the business earned $1.35 EPS. The company's revenue for the quarter was up 6.0% on a year-over-year basis. Burlington Stores has set its Q2 2025 guidance at 1.200-1.300 EPS. FY 2025 guidance at 8.700-9.300 EPS. On average, equities analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Analysts Set New Price Targets

BURL has been the subject of a number of recent analyst reports. Telsey Advisory Group restated an "outperform" rating and set a $300.00 price target on shares of Burlington Stores in a research report on Friday. The Goldman Sachs Group reduced their price target on shares of Burlington Stores from $317.00 to $316.00 and set a "buy" rating for the company in a research report on Tuesday, July 22nd. Robert W. Baird reduced their price target on shares of Burlington Stores from $335.00 to $325.00 and set an "outperform" rating for the company in a research report on Friday, May 30th. Morgan Stanley cut their target price on shares of Burlington Stores from $297.00 to $269.00 and set an "overweight" rating for the company in a research report on Tuesday, May 6th. Finally, Loop Capital cut their target price on shares of Burlington Stores from $315.00 to $305.00 and set a "buy" rating for the company in a research report on Friday, May 30th. Thirteen investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $318.92.

Insider Buying and Selling at Burlington Stores

In other Burlington Stores 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 value of $99,388.80. Following the completion of the transaction, the chief marketing officer directly owned 65,429 shares in the company, valued at approximately $15,483,118.56. This represents a 0.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Stephen Ferroni sold 450 shares of the company's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $241.39, for a total transaction of $108,625.50. Following the completion of the sale, the chief accounting officer directly owned 2,389 shares in the company, valued at $576,680.71. This represents a 15.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by corporate insiders.

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.