Burlington Stores, Inc. $BURL Shares Acquired by Eisler Capital Management Ltd.

Key Points

• Eisler Capital Management Ltd. significantly increased its stake in Burlington Stores by 745.5%, acquiring 47,466 additional shares for a total ownership of 53,833 shares valued at approximately $12.8 million.
• Burlington Stores reported $1.60 earnings per share, exceeding analysts’ expectations of $1.43, with quarterly revenue of $2.50 billion, marking a 6.0% year-over-year increase.
• Analysts have a favorable outlook on Burlington Stores, with an average rating of "Buy" and a target price of $318.92, supported by recent price target increases from various investment firms.

Eisler Capital Management Ltd. lifted its stake in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 745.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 53,833 shares of the company's stock after purchasing an additional 47,466 shares during the quarter. Eisler Capital Management Ltd. owned about 0.09% of Burlington Stores worth $12,818,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in BURL. NewEdge Advisors LLC raised its position in shares of Burlington Stores by 9.6% during the 4th quarter. NewEdge Advisors LLC now owns 947 shares of the company's stock worth $270,000 after purchasing an additional 83 shares during the period. Stifel Financial Corp raised its position in shares of Burlington Stores by 8.8% during the 4th quarter. Stifel Financial Corp now owns 5,128 shares of the company's stock worth $1,462,000 after purchasing an additional 415 shares during the period. Coldstream Capital Management Inc. raised its position in shares of Burlington Stores by 18.6% during the 4th quarter. Coldstream Capital Management Inc. now owns 1,076 shares of the company's stock worth $307,000 after purchasing an additional 169 shares during the period. Northern Trust Corp raised its position in shares of Burlington Stores by 20.5% during the 4th quarter. Northern Trust Corp now owns 618,960 shares of the company's stock worth $176,441,000 after purchasing an additional 105,380 shares during the period. Finally, Utah Retirement Systems raised its position in shares of Burlington Stores by 1.0% during the 4th quarter. Utah Retirement Systems now owns 10,565 shares of the company's stock worth $3,012,000 after purchasing an additional 100 shares during the period.

Burlington Stores Stock Performance

Shares of NYSE BURL opened at $279.27 on Wednesday. The stock has a fifty day moving average price of $261.86 and a two-hundred day moving average price of $247.42. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.39 and a current ratio of 1.06. The firm has a market cap of $17.62 billion, a P/E ratio of 34.27, a PEG ratio of 2.44 and a beta of 1.69. Burlington Stores, Inc. has a 1 year low of $212.92 and a 1 year high of $298.89.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its quarterly earnings results on Thursday, May 29th. The company reported $1.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.43 by $0.17. The firm had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.52 billion. Burlington Stores had a return on equity of 44.03% and a net margin of 4.88%.The firm's quarterly revenue was up 6.0% on a year-over-year basis. During the same period last year, the company posted $1.35 EPS. Burlington Stores has set its Q2 2025 guidance at 1.200-1.300 EPS. FY 2025 guidance at 8.700-9.300 EPS. Research analysts forecast that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently weighed in on BURL shares. Barclays increased their price target on Burlington Stores from $254.00 to $299.00 and gave the stock an "overweight" rating in a research report on Friday, May 30th. Evercore ISI lowered their target price on Burlington Stores from $345.00 to $310.00 and set an "outperform" rating on the stock in a research report on Friday, May 30th. Loop Capital lowered their target price on Burlington Stores from $315.00 to $305.00 and set a "buy" rating on the stock in a research report on Friday, May 30th. JPMorgan Chase & Co. raised their target price on Burlington Stores from $280.00 to $338.00 and gave the company an "overweight" rating in a research report on Monday, July 28th. Finally, Wells Fargo & Company lowered their target price on Burlington Stores from $325.00 to $300.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 30th. Thirteen investment analysts have rated the stock with a Buy rating, According to MarketBeat, Burlington Stores presently has an average rating of "Buy" and an average target price of $318.92.

Insiders Place Their Bets

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.