Candriam S.C.A. Cuts Position in Burlington Stores, Inc. $BURL

Key Points

• Candriam S.C.A. significantly reduced its stake in Burlington Stores, Inc. by 92.4%, owning only 3,172 shares after selling 38,698 shares.
• Several hedge funds have increased their investments in Burlington Stores, with Versor Investments LP expanding its stake by 164.1%.
• Burlington Stores reported $1.60 earnings per share for the last quarter, surpassing analysts' estimates, and set guidance for Q2 2025 at 1.200-1.300 EPS.

Candriam S.C.A. trimmed its holdings in Burlington Stores, Inc. (NYSE:BURL - Free Report) by 92.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,172 shares of the company's stock after selling 38,698 shares during the period. Candriam S.C.A.'s holdings in Burlington Stores were worth $756,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the business. Flagship Harbor Advisors LLC boosted its stake in shares of Burlington Stores by 14.2% during the 1st quarter. Flagship Harbor Advisors LLC now owns 895 shares of the company's stock worth $213,000 after purchasing an additional 111 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Burlington Stores by 3.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 689,831 shares of the company's stock worth $164,393,000 after purchasing an additional 21,548 shares during the last quarter. Gateway Investment Advisers LLC boosted its stake in shares of Burlington Stores by 72.5% during the 1st quarter. Gateway Investment Advisers LLC now owns 5,628 shares of the company's stock worth $1,341,000 after purchasing an additional 2,365 shares during the last quarter. Asset Management One Co. Ltd. boosted its stake in shares of Burlington Stores by 5.4% during the 1st quarter. Asset Management One Co. Ltd. now owns 23,914 shares of the company's stock worth $5,699,000 after purchasing an additional 1,225 shares during the last quarter. Finally, Bain Capital Public Equity Management II LLC boosted its stake in shares of Burlington Stores by 39.5% during the 4th quarter. Bain Capital Public Equity Management II LLC now owns 456,416 shares of the company's stock worth $130,106,000 after purchasing an additional 129,303 shares during the last quarter.

Insider Activity at Burlington Stores

In related news, CAO Stephen Ferroni sold 450 shares of the firm's stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $241.39, for a total value of $108,625.50. Following the transaction, the chief accounting officer owned 2,389 shares in the company, valued at approximately $576,680.71. This trade represents a 15.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CMO Jennifer Vecchio sold 420 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The shares were 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 in the company, valued at $15,483,118.56. The trade was a 0.64% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.10% of the company's stock.

Burlington Stores Trading Up 0.4%

Shares of BURL traded up $1.23 during mid-day trading on Wednesday, hitting $280.28. The company had a trading volume of 1,235,146 shares, compared to its average volume of 881,907. The business's 50-day simple moving average is $262.92 and its 200-day simple moving average is $247.64. The company has a quick ratio of 0.39, a current ratio of 1.06 and a debt-to-equity ratio of 1.21. Burlington Stores, Inc. has a 1-year low of $212.92 and a 1-year high of $298.89. The stock has a market cap of $17.68 billion, a PE ratio of 34.39, a P/E/G ratio of 2.42 and a beta of 1.69.

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

Analyst Ratings Changes

BURL has been the topic of several analyst reports. Robert W. Baird decreased their price target 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. Evercore ISI decreased their price target on shares of Burlington Stores from $345.00 to $310.00 and set an "outperform" rating on the stock in a research note on Friday, May 30th. UBS Group set a $390.00 price target on shares of Burlington Stores and gave the stock a "buy" rating in a research note on Monday, July 14th. Telsey Advisory Group reaffirmed an "outperform" rating and set a $300.00 price target on shares of Burlington Stores in a research note on Friday, August 22nd. Finally, Loop Capital decreased their price target on shares of Burlington Stores from $315.00 to $305.00 and set a "buy" rating on the stock in a research note on Friday, May 30th. Thirteen research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Burlington Stores currently has an average rating of "Buy" and a consensus price target of $318.92.

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.