Burlington Stores, Inc. (NYSE:BURL) Shares Shorted: Short Interest Up 58.3% in September

Burlington Stores, Inc. (NYSE:BURL) was the recipient of a large 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 short-interest ratio is presently 2.0 days. Currently, 5.1% of the company’s shares are short sold.

Insider Activity

In related news, CMO Jennifer Vecchio sold 1,678 shares of the business’s 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 completion of the transaction, the chief marketing officer owned 77,661 shares in the company, valued at $28,660,015.44. The trade was a 2.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Burlington Stores

Large investors have recently modified their holdings of the business. Andra AP fonden boosted its stake in Burlington Stores by 959.8% in the 2nd quarter. Andra AP fonden now owns 39,530 shares of the company’s stock worth $12,523,000 after purchasing an additional 35,800 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in Burlington Stores by 2.9% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,064 shares of the company’s stock valued at $1,287,000 after purchasing an additional 115 shares in the last quarter. Tidal Investments LLC increased its stake in Burlington Stores by 6.4% during the 2nd quarter. Tidal Investments LLC now owns 13,215 shares of the company’s stock valued at $4,187,000 after purchasing an additional 800 shares in the last quarter. National Pension Service raised its holdings in shares of Burlington Stores by 114.6% in the second quarter. National Pension Service now owns 10,150 shares of the company’s stock worth $3,216,000 after buying an additional 5,420 shares during the last quarter. Finally, WINTON GROUP Ltd purchased a new position in shares of Burlington Stores in the second quarter worth $1,130,000.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. UBS Group raised their price target on shares of Burlington Stores from $435.00 to $440.00 and gave the stock a “buy” rating in a research note on Monday, August 17th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Burlington Stores from $367.00 to $323.00 and set a “hold” rating for the company in a research report on Friday, August 28th. Wells Fargo & Company set a $370.00 target price on shares of Burlington Stores in a research note on Friday, August 28th. Jefferies Financial Group lifted their price target on shares of Burlington Stores from $365.00 to $410.00 and gave the company a “buy” rating in a research note on Friday, August 14th. Finally, Citigroup dropped their price objective on Burlington Stores from $380.00 to $318.00 and set a “neutral” rating on the stock in a research note on Friday, August 28th. Fourteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Burlington Stores has an average rating of “Moderate Buy” and an average target price of $370.75.

Burlington Stores Stock Down 0.9%

Shares of NYSE BURL traded down $2.41 during trading hours on Wednesday, hitting $267.64. 1,148,922 shares of the stock were exchanged, compared to its average volume of 1,571,322. Burlington Stores has a 12 month low of $226.85 and a 12 month high of $378.33. The firm has a fifty day moving average price of $302.90 and a 200-day moving average price of $316.10. The company has a quick ratio of 0.47, a current ratio of 1.17 and a debt-to-equity ratio of 0.95. The company has a market cap of $16.81 billion, a PE ratio of 24.03, a PEG ratio of 1.64 and a beta of 1.42.

Burlington Stores (NYSE:BURL) last released its quarterly earnings results on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.19 by $0.77. The business had revenue of $3 billion for the quarter, compared to analyst estimates of $3.03 billion. Burlington Stores had a net margin of 5.85% and a return on equity of 41.72%. The business’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.72 earnings per share. 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. On average, sell-side analysts expect that Burlington Stores will post 11.93 EPS for the current year.

Burlington Stores Company Profile

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.