First National Advisers LLC Increases Stock Holdings in Burlington Stores, Inc. $BURL

First National Advisers LLC raised its holdings in Burlington Stores, Inc. (NYSE:BURL) by 5.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,756 shares of the company’s stock after buying an additional 210 shares during the quarter. First National Advisers LLC’s holdings in Burlington Stores were worth $874,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Burlington Stores by 14.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after acquiring an additional 38 shares in the last quarter. Emerald Advisers LLC increased its stake in Burlington Stores by 1.8% during the 2nd quarter. Emerald Advisers LLC now owns 2,168 shares of the company’s stock valued at $504,000 after purchasing an additional 39 shares in the last quarter. Nicolet Advisory Services LLC raised its holdings in shares of Burlington Stores by 2.0% in the first quarter. Nicolet Advisory Services LLC now owns 2,717 shares of the company’s stock worth $661,000 after buying an additional 54 shares during the last quarter. Steward Partners Investment Advisory LLC raised its holdings in shares of Burlington Stores by 16.8% in the second quarter. Steward Partners Investment Advisory LLC now owns 376 shares of the company’s stock worth $87,000 after buying an additional 54 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of Burlington Stores by 15.6% during the second quarter. Blue Trust Inc. now owns 407 shares of the company’s stock worth $95,000 after buying an additional 55 shares during the period.

Wall Street Analyst Weigh In

BURL has been the topic of several research reports. BTIG Research began coverage on Burlington Stores in a research report on Tuesday, October 14th. They issued a “neutral” rating on the stock. TD Cowen cut their price objective on Burlington Stores from $330.00 to $315.00 and set a “buy” rating on the stock in a report on Wednesday. Wells Fargo & Company reduced their price objective on Burlington Stores from $330.00 to $315.00 and set an “overweight” rating for the company in a research note on Monday, October 27th. The Goldman Sachs Group set a $331.00 target price on Burlington Stores in a research report on Wednesday. Finally, Barclays reduced their price target on shares of Burlington Stores from $336.00 to $331.00 and set an “overweight” rating for the company in a research report on Wednesday. Fifteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Burlington Stores has a consensus rating of “Moderate Buy” and a consensus price target of $336.21.

Insider Buying and Selling at Burlington Stores

In other Burlington Stores news, CAO Stephen Ferroni sold 1,123 shares of Burlington Stores stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total value of $315,843.75. Following the completion of the transaction, the chief accounting officer owned 2,389 shares of the company’s stock, valued at approximately $671,906.25. The trade was a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CMO Jennifer Vecchio sold 419 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $274.48, for a total transaction of $115,007.12. Following the sale, the chief marketing officer directly owned 63,751 shares in the company, valued at approximately $17,498,374.48. The trade was a 0.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,626 shares of company stock worth $452,804. 1.10% of the stock is owned by company insiders.

Burlington Stores Stock Down 3.3%

Burlington Stores stock opened at $252.14 on Friday. The business’s 50-day moving average price is $269.79 and its 200 day moving average price is $264.04. The company has a quick ratio of 0.55, a current ratio of 1.21 and a debt-to-equity ratio of 1.32. The firm has a market cap of $15.87 billion, a price-to-earnings ratio of 28.98, a price-to-earnings-growth ratio of 1.83 and a beta of 1.74. Burlington Stores, Inc. has a 52 week low of $212.92 and a 52 week high of $309.00.

Burlington Stores (NYSE:BURL) last released its quarterly earnings data on Tuesday, November 25th. The company reported $1.68 EPS for the quarter, topping the consensus estimate of $1.59 by $0.09. The business had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.74 billion. Burlington Stores had a return on equity of 41.02% and a net margin of 5.01%.The business’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.55 EPS. 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, sell-side analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share 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.