Intech Investment Management LLC Raises Position in Burlington Stores, Inc. $BURL

Intech Investment Management LLC lifted its position in shares of Burlington Stores, Inc. (NYSE:BURL) by 30.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,784 shares of the company’s stock after acquiring an additional 3,956 shares during the quarter. Intech Investment Management LLC’s holdings in Burlington Stores were worth $3,905,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Burlington Stores by 14.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after purchasing an additional 38 shares in the last quarter. Emerald Advisers LLC lifted its holdings in shares of Burlington Stores by 1.8% in the 2nd quarter. Emerald Advisers LLC now owns 2,168 shares of the company’s stock valued at $504,000 after buying an additional 39 shares during the period. Nicolet Advisory Services LLC boosted its stake in shares of Burlington Stores by 2.0% in the first quarter. Nicolet Advisory Services LLC now owns 2,717 shares of the company’s stock valued at $661,000 after buying an additional 54 shares in the last quarter. Blue Trust Inc. grew its holdings in Burlington Stores by 15.6% during the second quarter. Blue Trust Inc. now owns 407 shares of the company’s stock worth $95,000 after acquiring an additional 55 shares during the period. Finally, Mount Lucas Management LP raised its position in Burlington Stores by 3.1% in the first quarter. Mount Lucas Management LP now owns 1,929 shares of the company’s stock worth $460,000 after acquiring an additional 58 shares in the last quarter.

Analyst Ratings Changes

Several equities research analysts have commented on BURL shares. The Goldman Sachs Group decreased their target price on shares of Burlington Stores from $317.00 to $316.00 and set a “buy” rating on the stock in a research report on Tuesday, July 22nd. Telsey Advisory Group reissued an “outperform” rating and set a $350.00 price objective on shares of Burlington Stores in a report on Tuesday. Gordon Haskett lowered shares of Burlington Stores from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 5th. Barclays lifted their price target on shares of Burlington Stores from $299.00 to $336.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Burlington Stores in a report on Wednesday, October 8th. Fourteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $344.14.

Insiders Place Their Bets

In other news, CAO Stephen Ferroni sold 1,123 shares of the company’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $281.25, for a total value of $315,843.75. Following the sale, the chief accounting officer directly owned 2,389 shares in the company, valued at $671,906.25. This represents a 31.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Jennifer Vecchio sold 419 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $274.48, for a total value of $115,007.12. Following the sale, the chief marketing officer directly owned 63,751 shares in the company, valued at approximately $17,498,374.48. The trade was a 0.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,626 shares of company stock valued at $452,804. Insiders own 1.10% of the company’s stock.

Burlington Stores Stock Up 0.5%

Shares of NYSE BURL opened at $275.81 on Wednesday. The firm’s 50-day moving average is $269.58 and its two-hundred day moving average is $262.82. The company has a market capitalization of $17.38 billion, a PE ratio of 32.56, a price-to-earnings-growth ratio of 2.05 and a beta of 1.74. Burlington Stores, Inc. has a 12-month low of $212.92 and a 12-month high of $309.00. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.23 and a quick ratio of 0.55.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings data on Thursday, August 28th. The company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.32. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The business had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.64 billion. During the same period last year, the company posted $1.24 EPS. The company’s revenue was up 9.7% on a year-over-year basis. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. Equities analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Burlington Stores Company Profile

Burlington Stores, Inc operates as a retailer of branded merchandise in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products.