UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $161.03 Million Holdings in Burlington Stores, Inc. $BURL

Key Points

• UBS Asset Management increased its stake in Burlington Stores by 0.5% in Q1, holding 675,671 shares valued at $161.03 million.
• Burlington Stores reported earnings per share of $1.59, exceeding estimates of $1.27, with revenues up 9.7% year-over-year.
• Equities analysts have raised Burlington Stores' price targets, with Morgan Stanley setting a new target of $328.00 and UBS Group increasing theirs to $430.00.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 0.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 675,671 shares of the company's stock after buying an additional 3,672 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 1.07% of Burlington Stores worth $161,033,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Burlington Stores by 14.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company's stock worth $72,000 after purchasing an additional 38 shares in the last quarter. Nissay Asset Management Corp Japan ADV increased its holdings in Burlington Stores by 0.6% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 7,660 shares of the company's stock worth $2,237,000 after purchasing an additional 49 shares in the last quarter. Nicolet Advisory Services LLC increased its holdings in Burlington Stores by 2.0% during the 1st quarter. Nicolet Advisory Services LLC now owns 2,717 shares of the company's stock worth $661,000 after purchasing an additional 54 shares in the last quarter. Mount Lucas Management LP increased its holdings in Burlington Stores by 3.1% during the 1st quarter. Mount Lucas Management LP now owns 1,929 shares of the company's stock worth $460,000 after purchasing an additional 58 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund increased its holdings in Burlington Stores by 0.5% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 12,869 shares of the company's stock worth $3,067,000 after purchasing an additional 59 shares in the last quarter.

Burlington Stores Stock Performance

NYSE:BURL traded up $1.41 during mid-day trading on Thursday, hitting $264.31. The stock had a trading volume of 205,900 shares, compared to its average volume of 1,118,418. Burlington Stores, Inc. has a twelve month low of $212.92 and a twelve month high of $309.00. The stock has a market cap of $16.66 billion, a price-to-earnings ratio of 31.21, a PEG ratio of 2.00 and a beta of 1.72. The company's 50 day simple moving average is $276.87 and its 200 day simple moving average is $251.59. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.55 and a current ratio of 1.23.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its earnings results on Thursday, August 28th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.32. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The business had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.64 billion. During the same period last year, the business posted $1.24 EPS. Burlington Stores's revenue was up 9.7% on a year-over-year basis. 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 forecast that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on BURL. Robert W. Baird decreased their price objective on Burlington Stores from $335.00 to $325.00 and set an "outperform" rating for the company in a report on Friday, May 30th. Barclays raised their price objective on Burlington Stores from $299.00 to $336.00 and gave the company an "overweight" rating in a report on Friday, August 29th. Jefferies Financial Group raised their price objective on Burlington Stores from $300.00 to $350.00 and gave the company a "buy" rating in a report on Friday, August 29th. Evercore ISI raised their price objective on Burlington Stores from $310.00 to $370.00 and gave the company an "outperform" rating in a report on Friday, August 29th. Finally, Wells Fargo & Company raised their price objective on Burlington Stores from $300.00 to $330.00 and gave the company an "overweight" rating in a report on Thursday, August 28th. Fourteen equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Burlington Stores presently has an average rating of "Buy" and an average price target of $344.29.

Insider Activity

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

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.