Burlington Stores, Inc. $BURL Stock Holdings Raised by Interval Partners LP

Key Points

• Interval Partners LP significantly increased its stake in Burlington Stores, Inc. by 667.5%, owning approximately $73.28 million worth of shares as of its latest SEC filing.
• Burlington Stores reported earnings per share of $1.59 for the last quarter, exceeding analysts' expectations by $0.32 and marking a 9.7% year-over-year revenue increase.
• Several research firms have recently upgraded their target prices for Burlington Stores, with UBS Group raising it to $430 and maintaining a "buy" rating.

Interval Partners LP increased its holdings in Burlington Stores, Inc. (NYSE:BURL - Free Report) by 667.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 307,479 shares of the company's stock after acquiring an additional 267,419 shares during the period. Burlington Stores comprises approximately 1.5% of Interval Partners LP's portfolio, making the stock its 7th biggest holding. Interval Partners LP owned about 0.49% of Burlington Stores worth $73,281,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP grew its holdings in shares of Burlington Stores by 3.2% in the first quarter. Dimensional Fund Advisors LP now owns 689,831 shares of the company's stock valued at $164,393,000 after acquiring an additional 21,548 shares in the last quarter. Flagship Harbor Advisors LLC grew its holdings in Burlington Stores by 14.2% during the first quarter. Flagship Harbor Advisors LLC now owns 895 shares of the company's stock valued at $213,000 after purchasing an additional 111 shares during the period. Gateway Investment Advisers LLC grew its holdings in Burlington Stores by 72.5% during the first quarter. Gateway Investment Advisers LLC now owns 5,628 shares of the company's stock valued at $1,341,000 after purchasing an additional 2,365 shares during the period. Asset Management One Co. Ltd. grew its holdings in Burlington Stores by 5.4% during the first quarter. Asset Management One Co. Ltd. now owns 23,914 shares of the company's stock valued at $5,699,000 after purchasing an additional 1,225 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in Burlington Stores by 11.5% during the first quarter. Raymond James Financial Inc. now owns 67,759 shares of the company's stock valued at $16,148,000 after purchasing an additional 6,965 shares during the period.

Burlington Stores Price Performance

Shares of BURL stock traded down $9.92 on Friday, reaching $291.43. The company's stock had a trading volume of 801,480 shares, compared to its average volume of 1,031,828. The company has a quick ratio of 0.55, a current ratio of 1.23 and a debt-to-equity ratio of 1.40. Burlington Stores, Inc. has a 12-month low of $212.92 and a 12-month high of $309.00. The company has a market capitalization of $18.37 billion, a P/E ratio of 34.41, a PEG ratio of 2.17 and a beta of 1.72. The stock's 50 day simple moving average is $272.13 and its 200-day simple moving average is $249.87.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its quarterly earnings data on Thursday, August 28th. The company reported $1.59 earnings per share (EPS) 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 company had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter last year, the business posted $1.24 earnings per share. The firm's revenue 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. As a group, equities analysts predict that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

Insider Activity

In related news, CMO Jennifer Vecchio sold 420 shares of the 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 sale, 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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.10% of the company's stock.

Analyst Ratings Changes

BURL has been the subject of several research reports. Morgan Stanley increased their price objective on Burlington Stores from $309.00 to $328.00 and gave the company an "overweight" rating in a report on Friday, August 29th. JPMorgan Chase & Co. increased their price objective on Burlington Stores from $280.00 to $338.00 and gave the company an "overweight" rating in a report on Monday, July 28th. The Goldman Sachs Group reduced their price objective on Burlington Stores from $317.00 to $316.00 and set a "buy" rating for the company in a report on Tuesday, July 22nd. Bank of America increased their price objective on Burlington Stores from $350.00 to $363.00 and gave the company a "buy" rating in a report on Friday, August 29th. Finally, UBS Group increased their price objective on Burlington Stores from $390.00 to $430.00 and gave the company a "buy" rating in a report on Friday, August 29th. Fourteen analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Burlington Stores presently has an average rating of "Buy" and a consensus price target of $344.29.

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.