Stephen Ferroni Sells 2,343 Shares of Burlington Stores (NYSE:BURL) Stock

Burlington Stores, Inc. (NYSE:BURL) CAO Stephen Ferroni sold 2,343 shares of the company’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction of $790,106.46. Following the sale, the chief accounting officer owned 1,391 shares of the company’s stock, valued at $469,073.02. The trade was a 62.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Burlington Stores Trading Down 0.6%

Shares of Burlington Stores stock traded down $2.05 on Monday, hitting $336.41. 530,216 shares of the company’s stock traded hands, compared to its average volume of 832,148. The firm’s 50-day moving average price is $321.40 and its two-hundred day moving average price is $304.49. The stock has a market capitalization of $21.17 billion, a PE ratio of 34.57, a price-to-earnings-growth ratio of 1.82 and a beta of 1.46. Burlington Stores, Inc. has a one year low of $218.52 and a one year high of $351.85. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49.

Burlington Stores (NYSE:BURL) last issued its 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 during the quarter, compared to analysts’ expectations of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.60 EPS. 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. On average, research analysts expect that Burlington Stores, Inc. will post 11.71 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on BURL shares. Truist Financial upped their price objective on shares of Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Barclays upped their price objective on shares of Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. Wall Street Zen upgraded shares of Burlington Stores from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. UBS Group restated a “buy” rating and issued a $435.00 price objective on shares of Burlington Stores in a research report on Friday, May 29th. Finally, Evercore restated an “outperform” rating and issued a $375.00 price objective on shares of Burlington Stores in a research report on Thursday, March 5th. Fifteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $353.56.

Hedge Funds Weigh In On Burlington Stores

A number of large investors have recently added to or reduced their stakes in BURL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Burlington Stores by 14.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock worth $72,000 after purchasing an additional 38 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in Burlington Stores by 1,604.7% during the 1st quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock worth $345,000 after purchasing an additional 1,364 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in Burlington Stores by 91.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 698 shares of the company’s stock worth $162,000 after purchasing an additional 334 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in Burlington Stores by 12.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 7,459 shares of the company’s stock worth $1,735,000 after purchasing an additional 821 shares in the last quarter. Finally, AXA S.A. increased its holdings in Burlington Stores by 1,033.2% during the 2nd quarter. AXA S.A. now owns 10,754 shares of the company’s stock worth $2,502,000 after purchasing an additional 9,805 shares in the last quarter.

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.