Swedbank AB Sells 2,046 Shares of Burlington Stores, Inc. $BURL

Key Points

• Swedbank AB reduced its stake in Burlington Stores, Inc. by 34.1%, selling 2,046 shares during the second quarter, leaving it with a total of 3,956 shares valued at $920,000.
• Burlington Stores reported an EPS of $1.59 for the last quarter, exceeding the consensus estimate of $1.27, and its revenue increased by 9.7% year-over-year, reaching $2.70 billion.
• Several analysts have upgraded their price targets for Burlington Stores, with current average targets ranging around $344.29, maintaining a consensus rating of "Buy" from fourteen research analysts.

Swedbank AB lessened its position in Burlington Stores, Inc. (NYSE:BURL - Free Report) by 34.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,956 shares of the company's stock after selling 2,046 shares during the period. Swedbank AB's holdings in Burlington Stores were worth $920,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its position in shares of Burlington Stores by 3.2% during 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 lifted its stake in shares of Burlington Stores by 14.2% during the 1st quarter. Flagship Harbor Advisors LLC now owns 895 shares of the company's stock worth $213,000 after buying an additional 111 shares during the last quarter. Jump Financial LLC acquired a new stake in shares of Burlington Stores during the 1st quarter worth about $286,000. Gateway Investment Advisers LLC lifted its stake in shares of Burlington Stores by 72.5% during the 1st quarter. Gateway Investment Advisers LLC now owns 5,628 shares of the company's stock worth $1,341,000 after buying an additional 2,365 shares during the last quarter. Finally, Asset Management One Co. Ltd. increased its position 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 worth $5,699,000 after acquiring an additional 1,225 shares during the period.

Burlington Stores Price Performance

BURL opened at $258.40 on Tuesday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.55 and a current ratio of 1.23. The stock has a market capitalization of $16.29 billion, a P/E ratio of 30.51, a P/E/G ratio of 1.97 and a beta of 1.72. The company's 50-day simple moving average is $277.41 and its two-hundred day simple moving average is $252.21. Burlington Stores, Inc. has a 52-week low of $212.92 and a 52-week high of $309.00.

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, beating the consensus estimate of $1.27 by $0.32. The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.64 billion. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The business'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 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. As a group, analysts predict that Burlington Stores, Inc. will post 7.93 EPS for the current year.

Insider Buying and Selling

In other Burlington Stores news, CAO Stephen Ferroni sold 1,123 shares of the stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $281.25, for a total value of $315,843.75. Following the sale, the chief accounting officer owned 2,389 shares in the company, valued at $671,906.25. This trade represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CMO Jennifer Vecchio sold 420 shares of the firm's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $236.64, for a total value of $99,388.80. Following the transaction, the chief marketing officer owned 65,429 shares in the company, valued at approximately $15,483,118.56. This represents a 0.64% decrease in their position. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on BURL shares. Loop Capital lowered their price target on shares of Burlington Stores from $315.00 to $305.00 and set a "buy" rating on the stock in a research report on Friday, May 30th. Telsey Advisory Group reissued an "outperform" rating and set a $350.00 target price (up from $300.00) on shares of Burlington Stores in a report on Thursday, August 28th. Wells Fargo & Company boosted their target price on shares of Burlington Stores from $300.00 to $330.00 and gave the stock an "overweight" rating in a report on Thursday, August 28th. Robert W. Baird dropped their price target on shares of Burlington Stores from $335.00 to $325.00 and set an "outperform" rating on the stock in a research report on Friday, May 30th. Finally, Evercore ISI boosted their target price on shares of Burlington Stores from $310.00 to $370.00 and gave the company an "outperform" rating in a research report on Friday, August 29th. Fourteen research analysts have rated the stock with a Buy rating, According to MarketBeat, Burlington Stores currently has a consensus rating of "Buy" and an average price target of $344.29.

Burlington Stores 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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