Investors Buy High Volume of Burlington Stores Put Options (NYSE:BURL)

Burlington Stores, Inc. (NYSE:BURL) was the recipient of unusually large options trading on Tuesday. Stock traders bought 13,734 put options on the stock. This is an increase of 403% compared to the average daily volume of 2,729 put options.

Wall Street Analyst Weigh In

Several research firms have commented on BURL. Wells Fargo & Company lowered their price target on shares of Burlington Stores from $330.00 to $315.00 and set an “overweight” rating for the company in a report on Monday, October 27th. Evercore ISI increased their target price on Burlington Stores from $310.00 to $370.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Barclays increased 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. Telsey Advisory Group reissued an “outperform” rating and set a $350.00 price objective on shares of Burlington Stores in a report on Tuesday. Finally, UBS Group reiterated a “buy” rating on shares of Burlington Stores in a research note on Monday, November 17th. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $344.14.

Insider Buying and Selling at Burlington Stores

In other Burlington Stores news, CAO Stephen Ferroni sold 1,123 shares of the company’s stock in a transaction dated 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 in the company, valued at $671,906.25. This represents a 31.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CMO Jennifer Vecchio sold 419 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $274.48, for a total value of $115,007.12. Following the completion of the sale, the chief marketing officer directly owned 63,751 shares in the company, valued at $17,498,374.48. This represents a 0.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,626 shares of company stock valued at $452,804 over the last three months. 1.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its stake in shares of Burlington Stores by 3.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 689,831 shares of the company’s stock worth $164,393,000 after purchasing an additional 21,548 shares during the period. Jump Financial LLC acquired a new stake in shares of Burlington Stores during the 1st quarter valued at approximately $286,000. Raymond James Financial Inc. boosted its stake in shares of Burlington Stores by 11.5% during the 1st quarter. Raymond James Financial Inc. now owns 67,759 shares of the company’s stock worth $16,148,000 after acquiring an additional 6,965 shares in the last quarter. Ieq Capital LLC grew its holdings in shares of Burlington Stores by 33.4% in the 1st quarter. Ieq Capital LLC now owns 4,468 shares of the company’s stock worth $1,065,000 after acquiring an additional 1,119 shares during the period. Finally, Nomura Asset Management Co. Ltd. grew its holdings in shares of Burlington Stores by 8.3% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 19,785 shares of the company’s stock worth $4,603,000 after acquiring an additional 1,510 shares during the period.

Burlington Stores Stock Performance

NYSE BURL traded down $25.65 during trading on Tuesday, reaching $258.82. The company’s stock had a trading volume of 2,012,877 shares, compared to its average volume of 1,093,654. The business’s fifty day moving average price is $270.51 and its 200-day moving average price is $264.05. Burlington Stores has a twelve month low of $212.92 and a twelve month high of $309.00. 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 firm has a market cap of $16.31 billion, a price-to-earnings ratio of 30.57, a P/E/G ratio of 2.22 and a beta of 1.74.

Burlington Stores (NYSE:BURL) last released its quarterly earnings results on Tuesday, November 25th. The company reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.09. Burlington Stores had a return on equity of 42.74% and a net margin of 4.96%.The firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same quarter last year, the company posted $1.55 earnings per share. The business’s revenue was up 7.1% on a year-over-year basis. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS. FY 2025 guidance at 9.690-9.890 EPS. As a group, analysts anticipate that Burlington Stores will post 7.93 EPS for the current fiscal 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.