Burlington Stores, Inc. (NYSE:BURL) Short Interest Update

Burlington Stores, Inc. (NYSE:BURL) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 3,140,030 shares, a growth of 58.3% from the August 31st total of 1,983,251 shares. Based on an average trading volume of 1,592,550 shares, the days-to-cover ratio is currently 2.0 days. Approximately 5.1% of the company’s shares are sold short.

Burlington Stores Stock Up 3.0%

NYSE BURL traded up $7.96 on Thursday, reaching $275.15. 1,867,516 shares of the stock traded hands, compared to its average volume of 949,251. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.47 and a current ratio of 1.17. The company has a fifty day moving average price of $302.90 and a 200-day moving average price of $316.10. The company has a market cap of $17.28 billion, a price-to-earnings ratio of 24.70, a PEG ratio of 1.64 and a beta of 1.42. Burlington Stores has a 12 month low of $226.85 and a 12 month high of $378.33.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings results on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.19 by $0.77. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.03 billion. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.The business’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.72 EPS. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. As a group, research analysts forecast that Burlington Stores will post 11.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

BURL has been the subject of a number of recent analyst reports. Evercore reaffirmed an “outperform” rating and set a $400.00 price target on shares of Burlington Stores in a research note on Monday, August 17th. Sanford C. Bernstein reduced their price target on Burlington Stores from $365.00 to $355.00 and set an “outperform” rating on the stock in a report on Friday, August 28th. Weiss Ratings downgraded Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, September 9th. The Goldman Sachs Group lowered their target price on shares of Burlington Stores from $394.00 to $382.00 and set a “buy” rating for the company in a research note on Monday, August 31st. Finally, Wells Fargo & Company set a $370.00 price target on shares of Burlington Stores in a research note on Friday, August 28th. Fourteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $370.75.

Insider Transactions at Burlington Stores

In related news, CMO Jennifer Vecchio sold 1,678 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $369.04, for a total transaction of $619,249.12. Following the sale, the chief marketing officer owned 77,661 shares in the company, valued at approximately $28,660,015.44. This represents a 2.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Burlington Stores

Large investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of Burlington Stores during the 2nd quarter worth $2,157,518,000. T. Rowe Price Investment Management Inc. raised its holdings in Burlington Stores by 15.8% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company’s stock worth $817,122,000 after purchasing an additional 386,615 shares in the last quarter. Geode Capital Management LLC raised its holdings in Burlington Stores by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 1,233,176 shares of the company’s stock worth $355,261,000 after purchasing an additional 27,074 shares in the last quarter. Alyeska Investment Group L.P. lifted its position in shares of Burlington Stores by 15.4% during the second quarter. Alyeska Investment Group L.P. now owns 1,049,778 shares of the company’s stock valued at $332,570,000 after buying an additional 139,958 shares during the last quarter. Finally, Jupiter Topco LLC bought a new stake in shares of Burlington Stores in the 2nd quarter valued at about $283,228,000.

About Burlington Stores

Burlington Stores, Inc is an off-price retailer operating under the Burlington brand. The company offers a broad assortment of branded and private-label merchandise at prices generally below those of department stores and specialty retailers.

Its product categories include women’s, men’s and children’s clothing; footwear; accessories; beauty products; home goods; and baby merchandise. Burlington’s stores typically feature a continuously changing selection sourced through opportunistic purchasing, allowing the company to offer seasonal and fashion-oriented products across multiple departments.

The company was founded in 1972 as Burlington Coat Factory Warehouse Corporation and initially focused on selling coats and outerwear.