Burlington Stores (NYSE:BURL) CMO Sells 1,678 Shares

Burlington Stores, Inc. (NYSE:BURL) CMO Jennifer Vecchio sold 1,678 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $369.04, for a total value of $619,249.12. Following the completion of the sale, the chief marketing officer owned 77,661 shares of the company’s stock, valued at $28,660,015.44. The trade was a 2.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Jennifer Vecchio also recently made the following trade(s):

• On Wednesday, July 1st, Jennifer Vecchio sold 1,678 shares of Burlington Stores stock. The shares were sold at an average price of $315.42, for a total value of $529,274.76.
• On Friday, June 12th, Jennifer Vecchio sold 20,920 shares of Burlington Stores stock. The stock was sold at an average price of $341.53, for a total value of $7,144,807.60.

Burlington Stores Stock Up 0.7%

Shares of BURL stock traded up $2.73 on Wednesday, hitting $370.55. The stock had a trading volume of 645,365 shares, compared to its average volume of 789,857. 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, Inc. has a one year low of $240.49 and a one year high of $378.33. The business has a 50 day moving average price of $334.66 and a 200 day moving average price of $320.18. The company has a market cap of $23.32 billion, a PE ratio of 38.08, a P/E/G ratio of 1.98 and a beta of 1.44.

Burlington Stores (NYSE:BURL) last released its quarterly earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.80 by $0.21. The business had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The company’s quarterly revenue was up 14.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.60 earnings per share. 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. Research analysts anticipate that Burlington Stores, Inc. will post 11.71 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Burlington Stores by 303,059.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock worth $552,552,000 after buying an additional 1,912,305 shares during the period. Norges Bank acquired a new stake in Burlington Stores during the 4th quarter worth approximately $224,971,000. Alyeska Investment Group L.P. grew its stake in shares of Burlington Stores by 103.5% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,285,336 shares of the company’s stock valued at $371,269,000 after purchasing an additional 653,718 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its stake in Burlington Stores by 15.8% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company’s stock valued at $817,122,000 after buying an additional 386,615 shares during the period. Finally, Wellington Management Group LLP raised its position in Burlington Stores by 121.0% during the 4th quarter. Wellington Management Group LLP now owns 595,961 shares of the company’s stock worth $172,143,000 after buying an additional 326,328 shares during the last quarter.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Wells Fargo & Company lowered their price target on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Truist Financial raised their target price on Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. Jefferies Financial Group reaffirmed a “buy” rating and set a $365.00 price target on shares of Burlington Stores in a research report on Friday, May 29th. Weiss Ratings downgraded shares of Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 23rd. Finally, Wall Street Zen cut Burlington Stores from a “buy” rating to a “hold” rating in a report on Sunday. Thirteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Burlington Stores currently has a consensus rating of “Moderate Buy” and a consensus price target of $361.56.

About Burlington Stores

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.