Mane Global Capital Management LP Has $29.64 Million Stock Position in Burlington Stores, Inc. $BURL

Mane Global Capital Management LP decreased its stake in Burlington Stores, Inc. (NYSE:BURL) by 39.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 127,400 shares of the company’s stock after selling 82,677 shares during the period. Mane Global Capital Management LP owned about 0.20% of Burlington Stores worth $29,638,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Norges Bank acquired a new stake in shares of Burlington Stores during the second quarter worth $171,893,000. Alkeon Capital Management LLC bought a new stake in Burlington Stores during the first quarter valued at $71,499,000. Vaughan Nelson Investment Management L.P. acquired a new stake in Burlington Stores during the 2nd quarter worth about $64,350,000. Interval Partners LP grew its holdings in Burlington Stores by 667.5% during the 1st quarter. Interval Partners LP now owns 307,479 shares of the company’s stock worth $73,281,000 after acquiring an additional 267,419 shares during the period. Finally, Westfield Capital Management Co. LP bought a new position in shares of Burlington Stores in the 2nd quarter worth about $49,702,000.

Burlington Stores Price Performance

Shares of NYSE BURL opened at $270.76 on Thursday. The stock has a fifty day moving average of $269.57 and a 200-day moving average of $263.87. Burlington Stores, Inc. has a fifty-two week low of $212.92 and a fifty-two week high of $309.00. The stock has a market cap of $17.04 billion, a PE ratio of 31.12, a price-to-earnings-growth ratio of 1.74 and a beta of 1.79. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.46 and a current ratio of 1.21.

Burlington Stores (NYSE:BURL) last released its quarterly earnings results on Tuesday, November 25th. The company reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.09. The firm had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.74 billion. Burlington Stores had a net margin of 5.01% and a return on equity of 41.02%. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.55 EPS. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS and its FY 2025 guidance at 9.690-9.890 EPS. Equities research analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Cowen restated a “buy” rating on shares of Burlington Stores in a report on Wednesday, November 26th. Citigroup dropped their target price on shares of Burlington Stores from $358.00 to $351.00 and set a “buy” rating on the stock in a research report on Monday, November 3rd. Gordon Haskett lowered shares of Burlington Stores from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 5th. Wells Fargo & Company reduced 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. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $330.00 price target on shares of Burlington Stores in a research note on Tuesday, November 25th. Fifteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Burlington Stores currently has an average rating of “Moderate Buy” and an average target price of $336.21.

Insider Activity at Burlington Stores

In other news, CMO Jennifer Vecchio sold 419 shares of the firm’s 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 transaction, the chief marketing officer directly owned 63,751 shares of the company’s stock, valued at approximately $17,498,374.48. This trade represents a 0.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.10% of the company’s stock.

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.