Benchstone Capital Management LP Purchases 6,180 Shares of Burlington Stores, Inc. $BURL

Key Points

• Benchstone Capital Management LP increased its stake in Burlington Stores by 5.3%, acquiring an additional 6,180 shares to hold a total of 123,503 shares valued at approximately $29.4 million.
• Analysts have shown optimism towards Burlington Stores, with firms like JPMorgan and Evercore ISI raising their price targets significantly, reflecting a consensus rating of Buy for the stock.
• Burlington Stores reported a 9.7% increase in revenue year-over-year, with earnings per share of $1.59 for the last quarter, surpassing analysts' expectations.

Benchstone Capital Management LP raised its stake in Burlington Stores, Inc. (NYSE:BURL - Free Report) by 5.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 123,503 shares of the company's stock after acquiring an additional 6,180 shares during the quarter. Burlington Stores comprises approximately 3.1% of Benchstone Capital Management LP's investment portfolio, making the stock its 15th biggest holding. Benchstone Capital Management LP owned approximately 0.20% of Burlington Stores worth $29,434,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BURL. Stifel Financial Corp increased its position in Burlington Stores by 8.8% in the 4th quarter. Stifel Financial Corp now owns 5,128 shares of the company's stock valued at $1,462,000 after acquiring an additional 415 shares in the last quarter. AXA S.A. boosted its stake in shares of Burlington Stores by 96.2% in the 4th quarter. AXA S.A. now owns 8,529 shares of the company's stock valued at $2,431,000 after purchasing an additional 4,182 shares during the last quarter. Alyeska Investment Group L.P. boosted its stake in shares of Burlington Stores by 23.1% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,051,611 shares of the company's stock valued at $299,772,000 after purchasing an additional 197,187 shares during the last quarter. BLI Banque de Luxembourg Investments bought a new position in shares of Burlington Stores in the 4th quarter valued at about $14,091,000. Finally, Benjamin Edwards Inc. boosted its stake in shares of Burlington Stores by 7.8% in the 4th quarter. Benjamin Edwards Inc. now owns 1,538 shares of the company's stock valued at $438,000 after purchasing an additional 111 shares during the last quarter.

Burlington Stores Stock Down 0.5%

Shares of BURL stock traded down $1.34 during trading on Tuesday, reaching $289.34. The company's stock had a trading volume of 1,270,711 shares, compared to its average volume of 973,865. The business has a fifty day moving average price of $268.14 and a 200-day moving average price of $248.75. The company has a quick ratio of 0.39, a current ratio of 1.23 and a debt-to-equity ratio of 1.40. The company has a market cap of $18.24 billion, a price-to-earnings ratio of 34.16, a price-to-earnings-growth ratio of 2.46 and a beta of 1.72. Burlington Stores, Inc. has a one year low of $212.92 and a one year high of $309.00.

Burlington Stores (NYSE:BURL - Get Free Report) last announced its quarterly earnings data 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 for the quarter, compared to analyst estimates of $2.64 billion. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The firm's revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the firm 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. Analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Insider Buying and Selling at Burlington Stores

In other Burlington Stores news, CAO Stephen Ferroni sold 450 shares of the company's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $241.39, for a total transaction of $108,625.50. Following the sale, the chief accounting officer directly owned 2,389 shares of the company's stock, valued at approximately $576,680.71. This represents a 15.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CMO Jennifer Vecchio sold 420 shares of the company's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $236.64, for a total transaction of $99,388.80. Following the sale, the chief marketing officer directly owned 65,429 shares in the company, valued at $15,483,118.56. This trade represents a 0.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company's stock.

Analyst Ratings Changes

BURL has been the topic of several recent analyst reports. Telsey Advisory Group reissued an "outperform" rating and set a $350.00 price objective (up previously from $300.00) on shares of Burlington Stores in a research note on Thursday, August 28th. Robert W. Baird reduced their price objective on shares of Burlington Stores from $335.00 to $325.00 and set an "outperform" rating on the stock in a research note on Friday, May 30th. The Goldman Sachs Group reduced their price objective on shares of Burlington Stores from $317.00 to $316.00 and set a "buy" rating on the stock in a research note on Tuesday, July 22nd. Evercore ISI lifted their price objective on shares of Burlington Stores from $310.00 to $370.00 and gave the stock an "outperform" rating in a research note on Friday. Finally, Jefferies Financial Group lifted their price objective on shares of Burlington Stores from $300.00 to $350.00 and gave the stock a "buy" rating in a research note on Friday. Fourteen equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $344.29.

About Burlington Stores

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.