Skandinaviska Enskilda Banken AB publ Acquires 241 Shares of Burlington Stores, Inc. $BURL

Skandinaviska Enskilda Banken AB publ boosted its stake in shares of Burlington Stores, Inc. (NYSE:BURL) by 1.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,305 shares of the company’s stock after acquiring an additional 241 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Burlington Stores were worth $3,095,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. WPG Advisers LLC bought a new stake in shares of Burlington Stores in the 1st quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Burlington Stores by 250.9% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 186 shares of the company’s stock valued at $43,000 after buying an additional 133 shares during the period. Brooklyn Investment Group lifted its position in Burlington Stores by 48.2% in the first quarter. Brooklyn Investment Group now owns 206 shares of the company’s stock worth $49,000 after buying an additional 67 shares during the last quarter. Farther Finance Advisors LLC lifted its position in Burlington Stores by 362.5% in the second quarter. Farther Finance Advisors LLC now owns 222 shares of the company’s stock worth $52,000 after buying an additional 174 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Burlington Stores by 14.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock worth $72,000 after buying an additional 38 shares during the period.

Burlington Stores Price Performance

Shares of BURL stock opened at $242.29 on Tuesday. The stock’s 50-day moving average is $269.47 and its 200 day moving average is $263.87. Burlington Stores, Inc. has a 1-year low of $212.92 and a 1-year high of $309.00. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.21 and a quick ratio of 0.46. The company has a market cap of $15.25 billion, a P/E ratio of 27.85, a PEG ratio of 1.65 and a beta of 1.79.

Burlington Stores (NYSE:BURL) last announced its earnings results on Tuesday, November 25th. The company reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.09. The business had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.74 billion. Burlington Stores had a net margin of 5.01% and a return on equity of 41.02%. The firm’s revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.55 earnings per share. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS. FY 2025 guidance at 9.690-9.890 EPS. Research analysts predict that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Evercore ISI reduced their target price on shares of Burlington Stores from $370.00 to $335.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 26th. JPMorgan Chase & Co. cut their price target on shares of Burlington Stores from $346.00 to $316.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Barclays decreased their price objective on shares of Burlington Stores from $336.00 to $331.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Morgan Stanley cut their target price on Burlington Stores from $330.00 to $310.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Finally, BTIG Research started coverage on Burlington Stores in a report on Tuesday, October 14th. They issued a “neutral” rating on the stock. Fifteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $336.21.

Insider Activity at Burlington Stores

In related news, CMO Jennifer Vecchio sold 419 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $274.48, for a total transaction of $115,007.12. Following the completion of the sale, the chief marketing officer owned 63,751 shares of the company’s stock, valued at $17,498,374.48. This represents a 0.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Stephen Ferroni sold 1,123 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total transaction of $315,843.75. Following the completion of the sale, the chief accounting officer owned 2,389 shares of the company’s stock, valued at approximately $671,906.25. This trade represents a 31.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 1,626 shares of company stock valued at $452,804. 1.10% of the stock is currently owned by company insiders.

Burlington Stores 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.