B. Metzler seel. Sohn & Co. AG lowered its holdings in Burlington Stores, Inc. (NYSE:BURL - Free Report) by 39.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,134 shares of the company's stock after selling 6,552 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Burlington Stores were worth $3,210,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of BURL. Proficio Capital Partners LLC bought a new position in shares of Burlington Stores in the second quarter worth $289,000. Quantitative Investment Management LLC purchased a new position in Burlington Stores during the 2nd quarter valued at about $249,000. Susquehanna Fundamental Investments LLC bought a new stake in shares of Burlington Stores during the second quarter valued at about $1,864,000. Two Sigma Securities LLC purchased a new stake in shares of Burlington Stores in the second quarter worth about $289,000. Finally, Benjamin Edwards Inc. lifted its holdings in shares of Burlington Stores by 12.0% in the second quarter. Benjamin Edwards Inc. now owns 2,046 shares of the company's stock worth $648,000 after buying an additional 219 shares in the last quarter.
Burlington Stores Price Performance
NYSE BURL opened at $265.64 on Friday. The company has a 50-day moving average price of $331.92 and a 200-day moving average price of $323.29. The firm has a market capitalization of $16.68 billion, a P/E ratio of 23.85, a PEG ratio of 1.45 and a beta of 1.42. Burlington Stores, Inc. has a 52 week low of $240.49 and a 52 week high of $378.33. The company has a quick ratio of 0.47, a current ratio of 1.17 and a debt-to-equity ratio of 0.95.
Burlington Stores (NYSE:BURL - Get Free Report) last posted its quarterly earnings data on Thursday, August 27th. The company reported $2.96 EPS for the quarter, topping the consensus estimate of $2.19 by $0.77. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.The firm had revenue of $3 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same period in the prior year, the business posted $1.72 EPS. Burlington Stores's revenue was up 11.0% on a year-over-year basis. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. Equities research analysts anticipate that Burlington Stores, Inc. will post 12.9 earnings per share for the current year.
Insiders Place Their Bets
In other Burlington Stores news, CMO Jennifer Vecchio sold 1,678 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $369.04, for a total value of $619,249.12. Following the completion of the sale, the chief marketing officer owned 77,661 shares in the company, valued at approximately $28,660,015.44. This represents a 2.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Stephen Ferroni sold 2,343 shares of the business's stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $337.22, for a total transaction of $790,106.46. Following the completion of the transaction, the chief accounting officer directly owned 1,391 shares in the company, valued at $469,073.02. This trade represents a 62.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 26,619 shares of company stock valued at $9,083,438 in the last quarter. 1.30% of the stock is currently owned by company insiders.
Analyst Ratings Changes
Several analysts have issued reports on BURL shares. Sanford C. Bernstein lowered their target price on shares of Burlington Stores from $365.00 to $355.00 and set an "outperform" rating on the stock in a research note on Friday, August 28th. Citigroup decreased their target price on Burlington Stores from $380.00 to $318.00 and set a "neutral" rating on the stock in a research note on Friday, August 28th. Weiss Ratings raised Burlington Stores from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, August 26th. Jefferies Financial Group raised their price target on Burlington Stores from $365.00 to $410.00 and gave the company a "buy" rating in a research report on Friday, August 14th. Finally, Truist Financial increased their target price on shares of Burlington Stores from $305.00 to $310.00 and gave the company a "hold" rating in a report on Thursday, May 28th. Fourteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Burlington Stores has a consensus rating of "Moderate Buy" and a consensus price target of $370.75.
View Our Latest Research Report on BURL
Burlington Stores News Summary
Here are the key news stories impacting Burlington Stores this week:
- Positive Sentiment: Burlington plans to invest approximately $370 million in a new headquarters in Philadelphia’s University City and relocate about 2,000 employees. Pennsylvania officials are promoting the project as a major economic-development win, while the investment could provide a modernized corporate base and access to talent. Pennsylvania officials tout Burlington headquarters move
- Positive Sentiment: The stock’s recent selloff has pushed its relative-strength index to deeply oversold levels, which may attract bargain hunters. Burlington also raised its full-year earnings outlook despite issuing cautious near-term guidance, supporting the longer-term growth narrative. Burlington RSI and valuation analysis
- Neutral Sentiment: The relocation is primarily a corporate and regional investment decision rather than a change to Burlington’s store strategy or sales outlook. Reports describe the announcement as a major move after roughly 50 years in New Jersey, with political leaders in both states debating its costs and benefits. Political response to Burlington relocation
- Negative Sentiment: Investors may remain cautious because Burlington’s latest quarterly outlook called for third-quarter EPS of $1.60 to $1.70, while management’s recent guidance was viewed as conservative. The headquarters transition could also create one-time costs before any efficiency benefits are realized. Burlington headquarters relocation details
About Burlington Stores
(
Free Report)
Burlington Stores, Inc is an American off-price retailer that sells apparel and home goods at discounted prices. The company's merchandise assortment includes clothing for women, men and children, plus baby products, footwear, accessories, beauty items, toys and home décor. Burlington's merchandising strategy focuses on offering branded and private-label goods at lower prices than traditional department stores by sourcing excess inventory, closeouts and opportunistic buys from manufacturers and other retailers.
The business traces its roots to the Burlington Coat Factory name established in the early 1970s and has since evolved into a broader off-price retailer that carries a wide range of seasonal and everyday merchandise.
Further Reading
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