Burlington Stores Sees Unusually Large Options Volume (NYSE:BURL)

Burlington Stores, Inc. (NYSE:BURL) was the recipient of unusually large options trading activity on Friday. Investors purchased 6,020 put options on the company. This is an increase of 136% compared to the average volume of 2,550 put options.

More Burlington Stores News

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: Zacks Research raised its earnings estimates for Burlington Stores (BURL) for FY2027, FY2028, FY2029, and Q2 2028, suggesting expectations remain constructive for the company’s longer-term profit outlook.
• Positive Sentiment: The company continues to expand its store base, including a newly announced opening date for an Oshkosh location, which points to ongoing growth in its off-price retail footprint.
• Neutral Sentiment: Previous earnings results were strong, with Burlington beating estimates on both EPS and revenue and issuing guidance above Wall Street expectations, which still supports the stock’s fundamental backdrop.
• Neutral Sentiment: An insider sale was reported, which can draw attention but does not necessarily indicate a change in the company’s business outlook.
• Negative Sentiment: Zacks Research trimmed estimates for several near-to-medium-term quarters, including Q3 2027, Q4 2027, Q3 2028, and Q4 2028, which may have weighed on sentiment around near-term earnings momentum.
• Negative Sentiment: Unusual options activity showed a sharp increase in put buying, often a sign that some investors are positioning for more downside or hedging risk in BURL.

Analysts Set New Price Targets

A number of analysts have recently commented on BURL shares. Bank of America boosted their target price on shares of Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. JPMorgan Chase & Co. lowered their price objective on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. UBS Group reiterated a “buy” rating and set a $435.00 price objective on shares of Burlington Stores in a research note on Friday, May 29th. Weiss Ratings raised Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $365.00 target price on shares of Burlington Stores in a research report on Tuesday, March 31st. Fifteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $353.56.

Burlington Stores Price Performance

BURL traded down $4.29 during trading on Friday, reaching $338.08. The company’s stock had a trading volume of 629,807 shares, compared to its average volume of 1,083,710. The company has a market cap of $21.28 billion, a price-to-earnings ratio of 34.75, a PEG ratio of 1.85 and a beta of 1.46. The firm has a fifty day simple moving average of $321.40 and a two-hundred day simple moving average of $304.36. Burlington Stores has a 1 year low of $218.52 and a 1 year high of $351.85. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 1.03.

Burlington Stores (NYSE:BURL) last released its quarterly earnings data 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. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The company had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same quarter in the previous year, the company posted $1.60 earnings per share. The firm’s revenue for the quarter was up 14.1% compared to the same quarter last year. 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. As a group, analysts anticipate that Burlington Stores will post 11.68 EPS for the current year.

Insiders Place Their Bets

In other Burlington Stores news, insider Matthew Pasch sold 3,773 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $317.21, for a total value of $1,196,833.33. Following the completion of the transaction, the insider owned 6,523 shares in the company, valued at approximately $2,069,160.83. This represents a 36.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Travis Marquette sold 3,759 shares of the firm’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total value of $1,232,012.25. Following the sale, the chief operating officer owned 26,350 shares in the company, valued at $8,636,212.50. This trade represents a 12.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Pine Valley Investments Ltd Liability Co purchased a new stake in Burlington Stores in the first quarter valued at $214,000. DV Trading LLC purchased a new position in shares of Burlington Stores during the 1st quarter worth $247,000. NewEdge Advisors LLC increased its position in shares of Burlington Stores by 63.7% during the 1st quarter. NewEdge Advisors LLC now owns 1,648 shares of the company’s stock worth $536,000 after purchasing an additional 641 shares during the last quarter. Caerus Investment Advisors LLC purchased a new stake in Burlington Stores in the 1st quarter valued at about $338,000. Finally, Essential Partners LLC lifted its position in Burlington Stores by 142.3% in the first quarter. Essential Partners LLC now owns 751 shares of the company’s stock valued at $244,000 after buying an additional 441 shares during the last quarter.

Burlington Stores Company 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.