Burlington Stores (NYSE:BURL) Insider Matthew Pasch Sells 3,773 Shares

Burlington Stores, Inc. (NYSE:BURLGet Free Report) insider Matthew Pasch sold 3,773 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the completion of the transaction, the insider owned 6,523 shares in the company, valued at $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 Securities & Exchange Commission, which can be accessed through this hyperlink.

Burlington Stores Stock Performance

Shares of Burlington Stores stock opened at $325.18 on Wednesday. The firm has a market capitalization of $20.47 billion, a P/E ratio of 33.42, a P/E/G ratio of 1.69 and a beta of 1.46. Burlington Stores, Inc. has a 52 week low of $218.52 and a 52 week 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. The firm’s 50 day moving average is $320.62 and its two-hundred day moving average is $303.47.

Burlington Stores (NYSE:BURLGet Free Report) last announced 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 company had revenue of $2.86 billion for 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 firm’s 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 forecast that Burlington Stores, Inc. will post 11.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have commented on BURL shares. Jefferies Financial Group reiterated a “buy” rating and issued a $365.00 price target on shares of Burlington Stores in a research note on Friday, May 29th. UBS Group reiterated a “buy” rating and issued a $435.00 price target on shares of Burlington Stores in a research note on Friday, May 29th. Weiss Ratings upgraded shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 23rd. Robert W. Baird increased their price target on shares of Burlington Stores from $345.00 to $375.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Finally, JPMorgan Chase & Co. decreased their price objective on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Fifteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Burlington Stores presently has a consensus rating of “Moderate Buy” and a consensus price target of $353.56.

View Our Latest Analysis on BURL

Institutional Investors Weigh In On Burlington Stores

Large investors have recently modified their holdings of the company. Stone House Investment Management LLC acquired a new stake in shares of Burlington Stores in the fourth quarter valued at approximately $25,000. JPL Wealth Management LLC acquired a new stake in shares of Burlington Stores in the third quarter valued at approximately $28,000. Harbour Investments Inc. boosted its holdings in shares of Burlington Stores by 44.7% in the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after acquiring an additional 34 shares during the period. Reflection Asset Management acquired a new stake in shares of Burlington Stores in the fourth quarter valued at approximately $34,000. Finally, Larson Financial Group LLC boosted its holdings in shares of Burlington Stores by 180.0% in the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock valued at $36,000 after acquiring an additional 81 shares during the period.

About Burlington Stores

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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 dĂ©cor. 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.

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