Burlington Stores, Inc. $BURL Holdings Boosted by Vontobel Holding Ltd.

Vontobel Holding Ltd. boosted its position in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 23.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,317 shares of the company's stock after purchasing an additional 1,202 shares during the period. Vontobel Holding Ltd.'s holdings in Burlington Stores were worth $1,470,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC grew its position 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 purchased a new position in Burlington Stores during the 1st quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. grew its position 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 boosted its stake in shares of Burlington Stores by 48.2% during the 1st quarter. Brooklyn Investment Group now owns 206 shares of the company's stock valued at $49,000 after buying an additional 67 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in shares of Burlington Stores by 362.5% during the 2nd quarter. Farther Finance Advisors LLC now owns 222 shares of the company's stock valued at $52,000 after buying an additional 174 shares during the period.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BURL. UBS Group lifted their target price on shares of Burlington Stores from $390.00 to $430.00 and gave the company a "buy" rating in a research note on Friday, August 29th. Barclays lifted their target price on shares of Burlington Stores from $299.00 to $336.00 and gave the company an "overweight" rating in a research note on Friday, August 29th. Morgan Stanley lifted their target price on shares of Burlington Stores from $309.00 to $328.00 and gave the company an "overweight" rating in a research note on Friday, August 29th. The Goldman Sachs Group decreased their target price on shares of Burlington Stores from $317.00 to $316.00 and set a "buy" rating for the company in a research note on Tuesday, July 22nd. Finally, Telsey Advisory Group reissued an "outperform" rating and set a $350.00 target price (up previously from $300.00) on shares of Burlington Stores in a research note on Thursday, August 28th. Fourteen research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $344.29.

Burlington Stores Stock Down 2.3%

BURL stock opened at $254.46 on Friday. 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 1 year low of $212.92 and a 1 year high of $309.00. The company has a fifty day simple moving average of $273.88 and a 200 day simple moving average of $254.26. The firm has a market cap of $16.04 billion, a PE ratio of 30.04, a PEG ratio of 1.90 and a beta of 1.74.

Burlington Stores (NYSE:BURL - Get Free Report) last released its quarterly earnings data on Thursday, August 28th. The company reported $1.59 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same quarter in the previous year, the business earned $1.24 EPS. Burlington Stores's quarterly revenue was up 9.7% compared to the same quarter last year. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. Sell-side analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Insiders Place Their Bets

In other Burlington Stores news, CAO Stephen Ferroni sold 1,123 shares of the business's stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total transaction of $315,843.75. Following the completion of the transaction, the chief accounting officer owned 2,389 shares of the company's stock, valued at $671,906.25. The trade was a 31.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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.

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