Burlington Stores, Inc. $BURL Shares Acquired by ASR Vermogensbeheer N.V.

Key Points

• ASR Vermogensbeheer N.V. increased its stake in Burlington Stores by 40.3% in Q2, now owning 4,483 shares valued at over $1 million.
• Wall Street analysts have a positive outlook, with an average target price for Burlington Stores at $344.29 and a consensus rating of "Moderate Buy".
• Burlington Stores reported strong Q2 earnings, with an EPS of $1.59 and revenue of $2.70 billion, exceeding analyst expectations.

ASR Vermogensbeheer N.V. raised its holdings in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 40.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,483 shares of the company's stock after acquiring an additional 1,288 shares during the period. ASR Vermogensbeheer N.V.'s holdings in Burlington Stores were worth $1,043,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Golden State Wealth Management LLC lifted its stake in Burlington Stores by 258.6% during the 1st quarter. Golden State Wealth Management LLC now owns 104 shares of the company's stock valued at $25,000 after acquiring an additional 75 shares during the period. WPG Advisers LLC acquired a new stake in Burlington Stores during the 1st quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake 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 valued at $43,000 after acquiring an additional 133 shares during the period. Brooklyn Investment Group increased its holdings 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 purchasing an additional 67 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its holdings 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 purchasing an additional 174 shares in the last quarter.

Insider Activity

In other news, CAO Stephen Ferroni sold 1,123 shares of the company'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 sale, the chief accounting officer owned 2,389 shares of the company's stock, valued at $671,906.25. This represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

BURL has been the subject of several recent research reports. Telsey Advisory Group reaffirmed an "outperform" rating and set a $350.00 target price (up from $300.00) on shares of Burlington Stores in a report on Thursday, August 28th. Jefferies Financial Group lifted their target price on shares of Burlington Stores from $300.00 to $350.00 and gave the company a "buy" rating in a report on Friday, August 29th. JPMorgan Chase & Co. lifted their target price on shares of Burlington Stores from $280.00 to $338.00 and gave the company an "overweight" rating in a report on Monday, July 28th. Wells Fargo & Company lifted their target price on shares of Burlington Stores from $300.00 to $330.00 and gave the company an "overweight" rating in a report on Thursday, August 28th. Finally, 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 report on Friday, August 29th. Fourteen analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, Burlington Stores presently has an average rating of "Moderate Buy" and an average target price of $344.29.

Burlington Stores Price Performance

Shares of NYSE BURL opened at $258.68 on Friday. The firm has a market cap of $16.30 billion, a PE ratio of 30.54, a PEG ratio of 1.94 and a beta of 1.74. The firm has a fifty day moving average of $275.64 and a 200 day moving average of $253.59. 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 one year low of $212.92 and a one year high of $309.00.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its quarterly earnings results on Thursday, August 28th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.27 by $0.32. The company had revenue of $2.70 billion during 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 was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.24 EPS. 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, research analysts predict that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

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.

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