Price T Rowe Associates Inc. MD Has $203.53 Million Stock Holdings in Burlington Stores, Inc. $BURL

Key Points

• Price T Rowe Associates Inc. MD reduced its stake in Burlington Stores, Inc. by 30.1%, selling 368,139 shares, and currently owns 853,965 shares valued at approximately $203 million.
• Vanguard Group Inc. and other institutional investors increased their stakes in Burlington Stores, with Vanguard alone owning over $1.57 billion worth of shares.
• Burlington Stores reported $1.60 EPS for the last quarter, exceeding analysts' expectations, and has set a Q2 2025 guidance of $1.200-$1.300 EPS.

Price T Rowe Associates Inc. MD trimmed its holdings in Burlington Stores, Inc. (NYSE:BURL - Free Report) by 30.1% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 853,965 shares of the company's stock after selling 368,139 shares during the period. Price T Rowe Associates Inc. MD owned 1.36% of Burlington Stores worth $203,527,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its position in Burlington Stores by 3.2% in the first quarter. Dimensional Fund Advisors LP now owns 689,831 shares of the company's stock worth $164,393,000 after acquiring an additional 21,548 shares in the last quarter. Flagship Harbor Advisors LLC grew its position in Burlington Stores by 14.2% in the first quarter. Flagship Harbor Advisors LLC now owns 895 shares of the company's stock worth $213,000 after acquiring an additional 111 shares in the last quarter. Gateway Investment Advisers LLC grew its position in Burlington Stores by 72.5% in the first quarter. Gateway Investment Advisers LLC now owns 5,628 shares of the company's stock worth $1,341,000 after acquiring an additional 2,365 shares in the last quarter. Asset Management One Co. Ltd. grew its position in Burlington Stores by 5.4% in the first quarter. Asset Management One Co. Ltd. now owns 23,914 shares of the company's stock worth $5,699,000 after acquiring an additional 1,225 shares in the last quarter. Finally, Bain Capital Public Equity Management II LLC grew its position in Burlington Stores by 39.5% in the fourth quarter. Bain Capital Public Equity Management II LLC now owns 456,416 shares of the company's stock worth $130,106,000 after acquiring an additional 129,303 shares in the last quarter.

Analyst Ratings Changes

Several research firms have commented on BURL. Loop Capital decreased their target price on shares of Burlington Stores from $315.00 to $305.00 and set a "buy" rating for the company in a research report on Friday, May 30th. Evercore ISI boosted their target price on shares of Burlington Stores from $310.00 to $370.00 and gave the stock an "outperform" rating in a research report on Friday. Barclays boosted their target price on shares of Burlington Stores from $299.00 to $336.00 and gave the stock an "overweight" rating in a research report on Friday. Robert W. Baird decreased their price objective on shares of Burlington Stores from $335.00 to $325.00 and set an "outperform" rating for the company in a report on Friday, May 30th. Finally, Bank of America upped their price objective on shares of Burlington Stores from $350.00 to $363.00 and gave the stock a "buy" rating in a report on Friday. Fourteen 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 target price of $340.71.

Insider Buying and Selling at Burlington Stores

In related news, CMO Jennifer Vecchio sold 420 shares of the company's stock in a transaction 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 transaction, the chief marketing officer directly owned 65,429 shares in the company, valued at $15,483,118.56. This represents a 0.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Stephen Ferroni sold 450 shares of the company's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $241.39, for a total transaction of $108,625.50. Following the transaction, the chief accounting officer owned 2,389 shares of the company's stock, valued at approximately $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. 1.10% of the stock is owned by corporate insiders.

Burlington Stores Stock Performance

Shares of NYSE BURL traded down $12.49 during trading hours on Friday, hitting $282.80. 513,645 shares of the stock were exchanged, compared to its average volume of 1,127,208. The firm has a market capitalization of $17.84 billion, a P/E ratio of 34.66, a P/E/G ratio of 2.43 and a beta of 1.69. Burlington Stores, Inc. has a one year low of $212.92 and a one year high of $309.00. The company's 50 day moving average is $264.27 and its 200 day moving average is $247.93. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.06 and a quick ratio of 0.39.

Burlington Stores (NYSE:BURL - Get Free Report) last released its earnings results on Thursday, August 28th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.27 by $0.32. The firm had revenue of $2.70 billion during the quarter, compared to analysts' expectations of $2.64 billion. Burlington Stores had a net margin of 4.88% and a return on equity of 44.03%. The business's quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the company earned $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, research analysts expect that Burlington Stores, Inc. will post 7.93 EPS for the current year.

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.