Callan Family Office LLC Buys New Shares in Burlington Stores, Inc. $BURL

Callan Family Office LLC bought a new stake in Burlington Stores, Inc. (NYSE:BURL - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,903 shares of the company's stock, valued at approximately $443,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vontobel Holding Ltd. boosted its holdings in Burlington Stores by 23.5% in the second quarter. Vontobel Holding Ltd. now owns 6,317 shares of the company's stock valued at $1,470,000 after purchasing an additional 1,202 shares during the period. Louisiana State Employees Retirement System lifted its holdings in Burlington Stores by 0.6% during the 2nd quarter. Louisiana State Employees Retirement System now owns 17,700 shares of the company's stock worth $4,118,000 after buying an additional 100 shares during the last quarter. KLP Kapitalforvaltning AS lifted its holdings in Burlington Stores by 5.1% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 22,800 shares of the company's stock worth $5,304,000 after buying an additional 1,100 shares during the last quarter. LGT Fund Management Co Ltd. lifted its holdings in Burlington Stores by 26.2% during the 2nd quarter. LGT Fund Management Co Ltd. now owns 1,147 shares of the company's stock worth $267,000 after buying an additional 238 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. purchased a new stake in Burlington Stores during the 2nd quarter worth about $64,350,000.

Insiders Place Their Bets

In other Burlington Stores news, CAO Stephen Ferroni sold 1,123 shares of Burlington Stores stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $281.25, for a total value of $315,843.75. Following the sale, the chief accounting officer owned 2,389 shares of the company's stock, valued at approximately $671,906.25. The trade was a 31.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.10% of the company's stock.

Wall Street Analysts Forecast Growth

BURL has been the subject of a number of recent analyst reports. Bank of America lifted their price target on Burlington Stores from $350.00 to $363.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Wells Fargo & Company lifted their price target on Burlington Stores from $300.00 to $330.00 and gave the stock an "overweight" rating in a report on Thursday, August 28th. UBS Group lifted their price target on Burlington Stores from $390.00 to $430.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Jefferies Financial Group lifted their price target on Burlington Stores from $300.00 to $350.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Burlington Stores in a report on Wednesday, October 8th. Fourteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Burlington Stores presently has an average rating of "Moderate Buy" and an average price target of $344.29.

Burlington Stores Trading Down 0.8%

Shares of BURL stock opened at $274.10 on Wednesday. The business's 50 day moving average is $273.67 and its two-hundred day moving average is $254.73. Burlington Stores, Inc. has a twelve month low of $212.92 and a twelve month high of $309.00. The company has a market capitalization of $17.28 billion, a P/E ratio of 32.36, a price-to-earnings-growth ratio of 2.06 and a beta of 1.74. The company has a current ratio of 1.23, a quick ratio of 0.55 and a debt-to-equity ratio of 1.40.

Burlington Stores (NYSE:BURL - Get Free Report) last announced its quarterly earnings data on Thursday, August 28th. The company reported $1.59 earnings per share for the quarter, beating 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 company had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same quarter in the previous year, the company earned $1.24 EPS. The firm's revenue for the quarter was up 9.7% compared to the same quarter last year. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. Equities analysts forecast that Burlington Stores, Inc. will post 7.93 EPS for the current year.

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.

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