Mutual of America Capital Management LLC Has $7.29 Million Stock Holdings in Burlington Stores, Inc. $BURL

Key Points

• Mutual of America Capital Management LLC reduced its stake in Burlington Stores, Inc. by 3.1% during the 2nd quarter, holding 31,325 shares valued at approximately $7.29 million.
• Several analysts have a positive outlook on Burlington Stores, with fourteen analysts rating the stock as a "Buy" and an average target price of $344.29.
• Burlington Stores reported earnings per share of $1.59 for the latest quarter, exceeding analyst expectations and indicating a 9.7% revenue growth compared to the previous year.

Mutual of America Capital Management LLC trimmed its holdings in Burlington Stores, Inc. (NYSE:BURL - Free Report) by 3.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,325 shares of the company's stock after selling 1,000 shares during the period. Mutual of America Capital Management LLC's holdings in Burlington Stores were worth $7,287,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Golden State Wealth Management LLC raised its stake in Burlington Stores by 258.6% during the 1st 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 last quarter. WPG Advisers LLC bought a new stake in Burlington Stores during the 1st quarter worth about $26,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Burlington Stores by 250.9% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 186 shares of the company's stock worth $43,000 after acquiring an additional 133 shares during the last quarter. Brooklyn Investment Group boosted its stake 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 purchasing an additional 67 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of Burlington Stores by 362.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 222 shares of the company's stock valued at $52,000 after purchasing an additional 174 shares during the last quarter.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on BURL shares. Evercore ISI lifted their price objective on shares of Burlington Stores from $310.00 to $370.00 and gave the stock an "outperform" rating in a research note on Friday, August 29th. The Goldman Sachs Group decreased their target price on shares of Burlington Stores from $317.00 to $316.00 and set a "buy" rating for the company in a research note on Tuesday, July 22nd. BTIG Research assumed coverage on shares of Burlington Stores in a research report on Tuesday, October 14th. They set a "neutral" rating for the company. Jefferies Financial Group lifted their price objective on shares of Burlington Stores from $300.00 to $350.00 and gave the stock a "buy" rating in a research report on Friday, August 29th. Finally, Bank of America boosted their target price on shares of Burlington Stores from $350.00 to $363.00 and gave the company a "buy" rating in a research report on Friday, August 29th. Fourteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Burlington Stores has an average rating of "Moderate Buy" and a consensus target price of $344.29.

Insiders Place Their Bets

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

Burlington Stores Stock Performance

Burlington Stores stock opened at $267.24 on Tuesday. The company has a market capitalization of $16.84 billion, a P/E ratio of 31.55, a P/E/G ratio of 2.05 and a beta of 1.74. The business has a 50 day moving average of $273.54 and a 200-day moving average of $255.76. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.23 and a quick ratio of 0.55. Burlington Stores, Inc. has a 1 year low of $212.92 and a 1 year high of $309.00.

Burlington Stores (NYSE:BURL - Get Free Report) last released its earnings results 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. The business had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.64 billion. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The company's revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.24 EPS. 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, equities research analysts predict that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

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.

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