Jump Financial LLC Acquires Shares of 1,199 Burlington Stores, Inc. $BURL

Key Points

• Jump Financial LLC acquired 1,199 shares of Burlington Stores, Inc., valued at approximately $286,000, as per their latest SEC filing.
• Several institutional investors increased their stakes in Burlington, with Golden State Wealth Management LLC boosting its holdings by 258.6% in the first quarter.
• Analysts have raised their price targets for Burlington Stores, with Barclays increasing its target from $299 to $336 and Telsey Advisory Group raising it from $300 to $350.

Jump Financial LLC purchased a new position in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,199 shares of the company's stock, valued at approximately $286,000.

Other institutional investors have also modified their holdings of the company. Allstate Corp lifted its stake in Burlington Stores by 74.2% during the 1st quarter. Allstate Corp now owns 3,248 shares of the company's stock valued at $774,000 after acquiring an additional 1,383 shares during the period. Compound Planning Inc. grew its position in Burlington Stores by 10.0% during the first quarter. Compound Planning Inc. now owns 1,399 shares of the company's stock worth $333,000 after buying an additional 127 shares during the period. 1832 Asset Management L.P. raised its stake in Burlington Stores by 68.2% during the first quarter. 1832 Asset Management L.P. now owns 481,260 shares of the company's stock worth $114,699,000 after purchasing an additional 195,160 shares during the period. Dorsey & Whitney Trust CO LLC increased its position in shares of Burlington Stores by 13.9% in the 1st quarter. Dorsey & Whitney Trust CO LLC now owns 1,052 shares of the company's stock worth $251,000 after purchasing an additional 128 shares during the last quarter. Finally, Brooklyn Investment Group grew its stake in shares of Burlington Stores by 48.2% in the first quarter. Brooklyn Investment Group now owns 206 shares of the company's stock worth $49,000 after purchasing an additional 67 shares in the last quarter.

Wall Street Analysts Forecast Growth

BURL has been the subject of several research reports. Wells Fargo & Company raised their price objective on shares of Burlington Stores from $300.00 to $330.00 and gave the company an "overweight" rating in a research report on Thursday, August 28th. Morgan Stanley increased their price objective on shares of Burlington Stores from $309.00 to $328.00 and gave the stock an "overweight" rating in a research note on Friday, August 29th. UBS Group lifted their price objective on shares of Burlington Stores from $390.00 to $430.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Bank of America raised their price target on Burlington Stores from $350.00 to $363.00 and gave the stock a "buy" rating in a research note on Friday, August 29th. Finally, Barclays upped their price objective on Burlington Stores from $299.00 to $336.00 and gave the stock an "overweight" rating in a report on Friday, August 29th. Fourteen research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $344.29.

Burlington Stores Price Performance

Shares of BURL stock traded up $0.25 during trading hours on Monday, hitting $291.45. The company had a trading volume of 405,705 shares, compared to its average volume of 1,131,427. The firm's fifty day moving average is $272.13 and its 200 day moving average is $249.87. The firm has a market capitalization of $18.37 billion, a price-to-earnings ratio of 34.44, a PEG ratio of 2.17 and a beta of 1.72. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.55 and a current ratio of 1.23. Burlington Stores, Inc. has a 12 month low of $212.92 and a 12 month high of $309.00.

Burlington Stores (NYSE:BURL - Get Free Report) last announced its earnings results 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 net margin of 4.96% and a return on equity of 42.74%. The firm had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same quarter in the prior year, the business posted $1.24 EPS. The business'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. On average, sell-side analysts predict that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Insider Buying and Selling at Burlington Stores

In other news, CMO Jennifer Vecchio sold 420 shares of Burlington Stores 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 sale, the chief marketing officer owned 65,429 shares of the company's stock, valued at approximately $15,483,118.56. The trade was a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.10% of the stock is currently owned by insiders.

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.