Burlington Stores, Inc. $BURL is Bain Capital Public Equity LP's 6th Largest Position

Key Points

• Bain Capital Public Equity LP has reduced its stake in Burlington Stores, Inc. by 11.5%, now holding 25,686 shares worth approximately $6.1 million, making it the firm's sixth-largest position.
• Several institutional investors have significantly increased their stakes in Burlington, with Alkeon Capital Management acquiring a new position valued at about $71.5 million in the first quarter.
• Burlington Stores recently reported impressive financial results, posting an EPS of $1.59 for the quarter, exceeding analysts' estimates by $0.32, along with a year-over-year revenue increase of 9.7%.

Bain Capital Public Equity LP trimmed its holdings in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 11.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,686 shares of the company's stock after selling 3,330 shares during the quarter. Burlington Stores makes up about 6.7% of Bain Capital Public Equity LP's investment portfolio, making the stock its 6th largest holding. Bain Capital Public Equity LP's holdings in Burlington Stores were worth $6,122,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Golden State Wealth Management LLC raised its stake in Burlington Stores by 258.6% during the first quarter. Golden State Wealth Management LLC now owns 104 shares of the company's stock valued at $25,000 after purchasing an additional 75 shares in the last quarter. WPG Advisers LLC purchased a new stake in Burlington Stores during the first quarter valued at $26,000. Brooklyn Investment Group raised its stake in Burlington Stores by 48.2% during the first quarter. Brooklyn Investment Group now owns 206 shares of the company's stock valued at $49,000 after purchasing an additional 67 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Burlington Stores during the fourth quarter valued at $75,000. Finally, Blue Trust Inc. increased its position in Burlington Stores by 35.9% during the first quarter. Blue Trust Inc. now owns 352 shares of the company's stock valued at $84,000 after acquiring an additional 93 shares during the last quarter.

Wall Street Analyst Weigh In

BURL has been the topic of a number of analyst reports. Evercore ISI boosted 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. JPMorgan Chase & Co. boosted their price objective on shares of Burlington Stores from $280.00 to $338.00 and gave the company an "overweight" rating in a research report on Monday, July 28th. Barclays boosted their price objective on shares of Burlington Stores from $299.00 to $336.00 and gave the company an "overweight" rating in a research report on Friday, August 29th. Jefferies Financial Group upped their price target on shares of Burlington Stores from $300.00 to $350.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Finally, Morgan Stanley upped their price target on shares of Burlington Stores from $309.00 to $328.00 and gave the stock an "overweight" rating in a report on Friday, August 29th. Fourteen investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $344.29.

Insider Activity at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 420 shares of the stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $236.64, for a total transaction of $99,388.80. Following the completion of the sale, the chief marketing officer directly owned 65,429 shares of the company's stock, valued at approximately $15,483,118.56. This represents a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.10% of the company's stock.

Burlington Stores Stock Down 3.3%

Burlington Stores stock traded down $9.92 during midday trading on Friday, hitting $291.43. 801,480 shares of the company's stock were exchanged, compared to its average volume of 1,041,504. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.55 and a current ratio of 1.23. Burlington Stores, Inc. has a 12 month low of $212.92 and a 12 month high of $309.00. The firm has a 50-day moving average of $272.13 and a two-hundred day moving average of $249.82. The company has a market cap of $18.37 billion, a PE ratio of 34.41, a P/E/G ratio of 2.17 and a beta of 1.72.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its earnings results on Thursday, August 28th. The company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.32. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The company had revenue of $2.70 billion for the quarter, compared to analysts' expectations of $2.64 billion. During the same period in the prior year, the business earned $1.24 EPS. The firm's quarterly revenue was up 9.7% on a year-over-year basis. 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, analysts expect that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

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.