Boothbay Fund Management LLC Buys 878 Shares of Burlington Stores, Inc. $BURL

Key Points

• Boothbay Fund Management LLC increased its stake in Burlington Stores by 1.4%, owning 64,129 shares valued at approximately $15.3 million, making it the firm’s 22nd largest position.
• Multiple large investors, including Alkeon Capital Management LLC and UBS AM, have significantly boosted their positions in Burlington Stores, indicating growing institutional interest in the stock.
• Burlington Stores reported a quarterly EPS of $1.59, surpassing forecasts, and has set a Q3 2025 EPS guidance of 1.5-1.6, showcasing its potential for future growth.

Boothbay Fund Management LLC lifted its holdings in Burlington Stores, Inc. (NYSE:BURL - Free Report) by 1.4% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 64,129 shares of the company's stock after buying an additional 878 shares during the quarter. Burlington Stores comprises 0.4% of Boothbay Fund Management LLC's portfolio, making the stock its 22nd biggest holding. Boothbay Fund Management LLC owned about 0.10% of Burlington Stores worth $15,284,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Golden State Wealth Management LLC raised its holdings in shares of Burlington Stores by 258.6% in the first quarter. Golden State Wealth Management LLC now owns 104 shares of the company's stock valued at $25,000 after buying an additional 75 shares during the last quarter. WPG Advisers LLC bought a new stake in Burlington Stores during the 1st quarter worth about $26,000. Brooklyn Investment Group raised its holdings in Burlington Stores by 48.2% during the 1st quarter. Brooklyn Investment Group now owns 206 shares of the company's stock worth $49,000 after purchasing an additional 67 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Burlington Stores during the 4th quarter worth about $75,000. Finally, Blue Trust Inc. raised its holdings in Burlington Stores by 35.9% during the 1st quarter. Blue Trust Inc. now owns 352 shares of the company's stock worth $84,000 after purchasing an additional 93 shares during the last quarter.

Insiders Place Their Bets

In other Burlington Stores news, CMO Jennifer Vecchio sold 420 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the chief marketing officer owned 65,429 shares of the company's stock, valued at $15,483,118.56. This represents a 0.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

BURL has been the subject of several recent research reports. Robert W. Baird dropped their price objective on Burlington Stores from $335.00 to $325.00 and set an "outperform" rating for the company in a report on Friday, May 30th. Loop Capital dropped their price objective on Burlington Stores from $315.00 to $305.00 and set a "buy" rating for the company in a report on Friday, May 30th. Bank of America boosted their price objective on Burlington Stores from $350.00 to $363.00 and gave the stock a "buy" rating in a report on Friday, August 29th. UBS Group boosted their price objective on Burlington Stores from $390.00 to $430.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Finally, Wells Fargo & Company upped their price target on Burlington Stores from $300.00 to $330.00 and gave the company an "overweight" rating in a research note on Thursday, August 28th. Fourteen investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $344.29.

Burlington Stores Stock Down 2.4%

Shares of BURL traded down $6.99 on Tuesday, hitting $283.27. The company's stock had a trading volume of 227,167 shares, compared to its average volume of 1,129,504. The company has a quick ratio of 0.55, a current ratio of 1.23 and a debt-to-equity ratio of 1.40. The firm's fifty day moving average price is $273.27 and its 200-day moving average price is $250.25. Burlington Stores, Inc. has a fifty-two week low of $212.92 and a fifty-two week high of $309.00. The firm has a market capitalization of $17.86 billion, a price-to-earnings ratio of 33.44, a P/E/G ratio of 2.17 and a beta of 1.72.

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