Junto Capital Management LP Sells 126,829 Shares of Burlington Stores, Inc. $BURL

Key Points

• Junto Capital Management LP has reduced its stake in Burlington Stores, Inc. by 21.0%, now owning 477,156 shares worth approximately $113.7 million.
• Several large investors increased their positions in Burlington Stores, with Gateway Investment Advisers LLC raising its stake by 72.5% during the first quarter.
• Burlington Stores reported earnings of $1.59 EPS for the last quarter, exceeding analysts' expectations and indicating a robust revenue increase of 9.7% year-over-year.

Junto Capital Management LP lowered its holdings in Burlington Stores, Inc. (NYSE:BURL - Free Report) by 21.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 477,156 shares of the company's stock after selling 126,829 shares during the quarter. Burlington Stores accounts for 2.4% of Junto Capital Management LP's holdings, making the stock its 7th largest holding. Junto Capital Management LP owned 0.76% of Burlington Stores worth $113,721,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC raised its position in Burlington Stores by 258.6% in the first quarter. Golden State Wealth Management LLC now owns 104 shares of the company's stock valued at $25,000 after purchasing an additional 75 shares during the period. WPG Advisers LLC purchased a new stake in Burlington Stores in the first quarter valued at $26,000. Brooklyn Investment Group raised its holdings in shares of Burlington Stores by 48.2% in the 1st quarter. Brooklyn Investment Group now owns 206 shares of the company's stock valued at $49,000 after buying an additional 67 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Burlington Stores in the 4th quarter valued at $75,000. Finally, Blue Trust Inc. boosted its position in shares of Burlington Stores by 35.9% during the 1st quarter. Blue Trust Inc. now owns 352 shares of the company's stock worth $84,000 after acquiring an additional 93 shares in the last quarter.

Burlington Stores Stock Up 1.2%

Shares of NYSE:BURL traded up $3.58 during trading on Wednesday, hitting $293.04. The company's stock had a trading volume of 1,006,369 shares, compared to its average volume of 1,135,792. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.39 and a current ratio of 1.23. Burlington Stores, Inc. has a fifty-two week low of $212.92 and a fifty-two week high of $309.00. The stock's 50-day moving average price is $268.14 and its two-hundred day moving average price is $248.75. The company has a market capitalization of $18.47 billion, a PE ratio of 34.60, a PEG ratio of 2.46 and a beta of 1.72.

Burlington Stores (NYSE:BURL - Get Free Report) last released its quarterly earnings results on Thursday, August 28th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.27 by $0.32. Burlington Stores had a return on equity of 42.74% and a net margin of 4.96%.The business had revenue of $2.70 billion for the quarter, compared to analysts' expectations of $2.64 billion. During the same quarter in the previous year, the firm posted $1.24 earnings per share. The company'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, sell-side analysts expect that Burlington Stores, Inc. will post 7.93 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on BURL. JPMorgan Chase & Co. boosted their target price on Burlington Stores from $280.00 to $338.00 and gave the stock an "overweight" rating in a research note on Monday, July 28th. Telsey Advisory Group reissued an "outperform" rating and set a $350.00 price objective (up previously from $300.00) on shares of Burlington Stores in a report on Thursday, August 28th. Robert W. Baird decreased their target price on Burlington Stores from $335.00 to $325.00 and set an "outperform" rating for the company in a research report on Friday, May 30th. Bank of America increased their price objective on Burlington Stores from $350.00 to $363.00 and gave the stock a "buy" rating in a research report on Friday, August 29th. Finally, Morgan Stanley raised their price target on Burlington Stores from $309.00 to $328.00 and gave the company an "overweight" rating in a report on Friday, August 29th. Fourteen investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $344.29.

Insider Activity at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 420 shares of the company's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $236.64, for a total transaction of $99,388.80. Following the sale, the chief marketing officer owned 65,429 shares in the company, valued at $15,483,118.56. This represents a 0.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Stephen Ferroni sold 450 shares of the stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $241.39, for a total value of $108,625.50. Following the sale, the chief accounting officer 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 disclosure for this sale can be found here. Corporate insiders own 1.10% of the company's stock.

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.