SG Americas Securities LLC raised its holdings in shares of Burlington Stores, Inc. (NYSE:BURL – Free Report) by 1,130.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 77,096 shares of the company’s stock after acquiring an additional 70,829 shares during the period. SG Americas Securities LLC’s holdings in Burlington Stores were worth $22,269,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. First Horizon Corp purchased a new position in shares of Burlington Stores during the 3rd quarter worth $25,000. JPL Wealth Management LLC purchased a new stake in shares of Burlington Stores in the 3rd quarter worth $28,000. Root Financial Partners LLC bought a new position in Burlington Stores in the 3rd quarter worth $30,000. Mather Group LLC. bought a new position in Burlington Stores in the 3rd quarter worth $36,000. Finally, Geneos Wealth Management Inc. lifted its position in Burlington Stores by 235.4% during the second quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after purchasing an additional 113 shares in the last quarter.
Insider Buying and Selling
In related news, COO Travis Marquette sold 3,759 shares of the business’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total value of $1,232,012.25. Following the transaction, the chief operating officer directly owned 26,350 shares of the company’s stock, valued at approximately $8,636,212.50. The trade was a 12.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.10% of the company’s stock.
Burlington Stores Trading Down 3.0%
Burlington Stores (NYSE:BURL – Get Free Report) last posted its quarterly earnings results on Thursday, March 5th. The company reported $4.99 EPS for the quarter, beating analysts’ consensus estimates of $4.70 by $0.29. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The business had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $2.77 billion. During the same period last year, the firm earned $4.07 earnings per share. The business’s quarterly revenue was up 11.3% on a year-over-year basis. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. On average, sell-side analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on BURL shares. Sanford C. Bernstein set a $350.00 price target on Burlington Stores and gave the company an “outperform” rating in a report on Tuesday, January 6th. Citigroup raised their price objective on Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Jefferies Financial Group reaffirmed a “buy” rating and set a $370.00 price objective on shares of Burlington Stores in a research report on Thursday, March 5th. UBS Group reiterated a “buy” rating on shares of Burlington Stores in a research note on Tuesday, March 3rd. Finally, Weiss Ratings raised shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Sixteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Burlington Stores has an average rating of “Moderate Buy” and an average target price of $355.44.
Get Our Latest Stock Analysis on Burlington Stores
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.
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