Trillium Asset Management LLC Invests $8.50 Million in Burlington Stores, Inc. $BURL

Key Points

• Trillium Asset Management acquired 26,830 Burlington Stores shares during the second quarter, valued at approximately $8.5 million. Several other institutional investors also increased or initiated positions.
• Analysts maintain a generally positive outlook, with 13 Buy ratings and six Holds, producing a “Moderate Buy” consensus and an average price target of $371.50.
• Burlington exceeded quarterly expectations with $2.01 in EPS versus the $1.80 consensus and revenue of $2.86 billion, up 14.1% year over year. However, insiders sold $10.28 million of stock over the last quarter.

Trillium Asset Management LLC acquired a new stake in Burlington Stores, Inc. (NYSE:BURL - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 26,830 shares of the company's stock, valued at approximately $8,500,000.

Other large investors also recently modified their holdings of the company. JPL Wealth Management LLC acquired a new position in Burlington Stores in the third quarter valued at $28,000. Harbour Investments Inc. grew its holdings in Burlington Stores by 44.7% during the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company's stock worth $32,000 after acquiring an additional 34 shares during the period. Reflection Asset Management acquired a new stake in Burlington Stores during the 4th quarter worth about $34,000. Larson Financial Group LLC grew its holdings in Burlington Stores by 180.0% during the 4th quarter. Larson Financial Group LLC now owns 126 shares of the company's stock worth $36,000 after acquiring an additional 81 shares during the period. Finally, Geneos Wealth Management Inc. raised its position in shares of Burlington Stores by 235.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company's stock worth $37,000 after acquiring an additional 113 shares in the last quarter.

Insider Activity

In other news, CMO Jennifer Vecchio sold 1,678 shares of the business's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $369.04, for a total transaction of $619,249.12. Following the completion of the sale, the chief marketing officer owned 77,661 shares in the company, valued at $28,660,015.44. The trade was a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Matthew Pasch sold 3,773 shares of the company's stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $317.21, for a total value of $1,196,833.33. Following the transaction, the insider directly owned 6,523 shares in the company, valued at $2,069,160.83. The trade was a 36.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 30,392 shares of company stock worth $10,280,271 over the last quarter. 1.30% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

BURL has been the topic of a number of recent analyst reports. Barclays boosted their price objective on Burlington Stores from $365.00 to $411.00 and gave the company an "overweight" rating in a research note on Tuesday, May 26th. Citigroup cut Burlington Stores from a "buy" rating to a "neutral" rating and set a $380.00 target price for the company. in a research note on Wednesday, August 5th. UBS Group lifted their target price on Burlington Stores from $435.00 to $440.00 and gave the stock a "buy" rating in a report on Monday. Wells Fargo & Company dropped their price target on Burlington Stores from $400.00 to $375.00 and set an "overweight" rating on the stock in a research note on Friday, May 29th. Finally, JPMorgan Chase & Co. cut their price target on Burlington Stores from $374.00 to $351.00 and set an "overweight" rating on the stock in a report on Friday, May 29th. Thirteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $371.50.

Burlington Stores Stock Performance

Shares of BURL opened at $333.17 on Friday. Burlington Stores, Inc. has a one year low of $240.49 and a one year high of $378.33. The company has a market cap of $20.97 billion, a PE ratio of 34.24, a P/E/G ratio of 1.81 and a beta of 1.44. The stock has a 50-day moving average of $342.25 and a 200-day moving average of $324.75. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49.

Burlington Stores (NYSE:BURL - Get Free Report) last posted its quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, topping analysts' consensus estimates of $1.80 by $0.21. The business had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The firm's revenue for the quarter was up 14.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.60 EPS. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. On average, equities research analysts predict that Burlington Stores, Inc. will post 11.75 EPS for the current fiscal year.

Burlington Stores Profile

Burlington Stores, Inc is an American off-price retailer that sells apparel and home goods at discounted prices. The company's merchandise assortment includes clothing for women, men and children, plus baby products, footwear, accessories, beauty items, toys and home décor. Burlington's merchandising strategy focuses on offering branded and private-label goods at lower prices than traditional department stores by sourcing excess inventory, closeouts and opportunistic buys from manufacturers and other retailers.

The business traces its roots to the Burlington Coat Factory name established in the early 1970s and has since evolved into a broader off-price retailer that carries a wide range of seasonal and everyday merchandise.

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