Gulf International Bank UK Ltd Has $850,000 Holdings in Burlington Stores, Inc. $BURL

Key Points

• Gulf International Bank UK Ltd has reduced its stake in Burlington Stores by 29.6%, now holding 3,570 shares valued at approximately $850,000.
• Burlington Stores reported earnings of $1.60 per share for the last quarter, exceeding analysts' expectations of $1.43, alongside a revenue increase of 6.0% year-over-year.
• Several analysts have adjusted their target prices for Burlington's stock, with ratings ranging from "buy" to "outperform," and an average target price of $317.57.

Gulf International Bank UK Ltd decreased its stake in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 29.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,570 shares of the company's stock after selling 1,501 shares during the period. Gulf International Bank UK Ltd's holdings in Burlington Stores were worth $850,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Golden State Wealth Management LLC boosted its stake 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 period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Burlington Stores in the fourth quarter valued at about $75,000. Blue Trust Inc. boosted its position in shares of Burlington Stores by 35.9% during the first quarter. Blue Trust Inc. now owns 352 shares of the company's stock worth $84,000 after buying an additional 93 shares during the period. Fifth Third Bancorp grew its holdings in shares of Burlington Stores by 19.8% during the first quarter. Fifth Third Bancorp now owns 514 shares of the company's stock worth $123,000 after buying an additional 85 shares in the last quarter. Finally, UMB Bank n.a. raised its position in Burlington Stores by 105.1% in the 1st quarter. UMB Bank n.a. now owns 605 shares of the company's stock valued at $144,000 after buying an additional 310 shares during the last quarter.

Analysts Set New Price Targets

A number of research firms have weighed in on BURL. JPMorgan Chase & Co. upped their price target on Burlington Stores from $280.00 to $338.00 and gave the stock an "overweight" rating in a research report on Monday, July 28th. Loop Capital cut their price objective 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. Morgan Stanley decreased their target price on shares of Burlington Stores from $297.00 to $269.00 and set an "overweight" rating for the company in a research report on Tuesday, May 6th. The Goldman Sachs Group lowered their price target on shares of Burlington Stores from $317.00 to $316.00 and set a "buy" rating on the stock in a research note on Tuesday, July 22nd. Finally, Telsey Advisory Group restated an "outperform" rating and set a $300.00 price objective (down from $340.00) on shares of Burlington Stores in a research note on Thursday, May 29th. Thirteen investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $318.92.

Burlington Stores Stock Performance

NYSE BURL traded down $0.8620 during trading on Wednesday, reaching $276.8680. 1,048,869 shares of the company's stock were exchanged, compared to its average volume of 1,129,183. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.06 and a quick ratio of 0.39. The business has a 50 day moving average price of $257.35 and a 200-day moving average price of $247.07. The stock has a market capitalization of $17.47 billion, a P/E ratio of 33.97, a PEG ratio of 2.41 and a beta of 1.69. Burlington Stores, Inc. has a fifty-two week low of $212.92 and a fifty-two week high of $298.89.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its quarterly earnings data on Thursday, May 29th. The company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.17. The company 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 was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm 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. Sell-side analysts forecast that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CAO Stephen Ferroni sold 450 shares of Burlington Stores 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 directly owned 2,389 shares of the company's stock, valued at $576,680.71. This trade represents a 15.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CMO Jennifer Vecchio sold 420 shares of the business's stock in a transaction on Tuesday, July 1st. The stock was 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 $15,483,118.56. This trade represents a 0.64% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company's stock.

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.