Hsbc Holdings PLC Has $9.06 Million Stake in Burlington Stores, Inc. $BURL

Key Points

• Hsbc Holdings PLC has sold 12.1% of its shares in Burlington Stores, Inc., decreasing its holdings to 38,017 shares valued at approximately $9 million.
• Institutional investors such as Bain Capital and Gateway Investment Advisers have significantly increased their stakes in Burlington, with Bain Capital boosting its holdings by 39.5% and Gateway by 72.5% in the latest quarter.
• Burlington Stores reported a quarterly EPS of $1.60, exceeding analysts' expectations, and has set a Q2 2025 EPS guidance between 1.200-1.300.

Hsbc Holdings PLC trimmed its stake in Burlington Stores, Inc. (NYSE:BURL - Free Report) by 12.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,017 shares of the company's stock after selling 5,253 shares during the period. Hsbc Holdings PLC owned about 0.06% of Burlington Stores worth $9,057,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of BURL. Golden State Wealth Management LLC grew its position in Burlington Stores by 258.6% in 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 during the last quarter. Brooklyn Investment Group grew its position in Burlington Stores by 48.2% in 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. acquired a new stake in Burlington Stores in the 4th quarter worth $75,000. Blue Trust Inc. grew its position in Burlington Stores by 35.9% in 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. Finally, Fifth Third Bancorp grew its position in Burlington Stores by 19.8% in the 1st quarter. Fifth Third Bancorp now owns 514 shares of the company's stock worth $123,000 after purchasing an additional 85 shares during the last quarter.

Insider Transactions at Burlington Stores

In other Burlington Stores news, CAO Stephen Ferroni sold 450 shares of the business's stock in a transaction dated 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 directly owned 2,389 shares in the company, valued at $576,680.71. The trade was a 15.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CMO Jennifer Vecchio sold 420 shares of the business's stock in a transaction dated 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 approximately $15,483,118.56. This trade represents a 0.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

BURL has been the topic of several research analyst reports. Barclays raised their price target on shares of Burlington Stores from $254.00 to $299.00 and gave the stock an "overweight" rating in a research report on Friday, May 30th. Loop Capital decreased their target price on shares of 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. lifted their target price on shares of Burlington Stores from $280.00 to $338.00 and gave the company an "overweight" rating in a research report on Monday, July 28th. Wells Fargo & Company decreased their target price on shares of Burlington Stores from $325.00 to $300.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 30th. Finally, Evercore ISI decreased their target price on shares of Burlington Stores from $345.00 to $310.00 and set an "outperform" rating on the stock in a research report on Friday, May 30th. Thirteen research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $318.92.

Burlington Stores Price Performance

NYSE:BURL traded up $1.23 on Wednesday, reaching $280.28. The stock had a trading volume of 1,235,146 shares, compared to its average volume of 881,907. The company has a market capitalization of $17.68 billion, a P/E ratio of 34.39, a price-to-earnings-growth ratio of 2.42 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. The company has a quick ratio of 0.39, a current ratio of 1.06 and a debt-to-equity ratio of 1.21. The stock has a fifty day moving average price of $262.92 and a 200-day moving average price of $247.64.

Burlington Stores (NYSE:BURL - Get Free Report) last released its quarterly earnings results on Thursday, May 29th. The company reported $1.60 EPS for the quarter, beating analysts' consensus estimates of $1.43 by $0.17. The firm had revenue of $2.50 billion for the quarter, compared to analyst estimates of $2.52 billion. Burlington Stores had a net margin of 4.88% and a return on equity of 44.03%. The company's revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.35 earnings per share. 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 year.

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.