Mirabella Financial Services LLP Trims Stake in Burlington Stores, Inc. $BURL

Mirabella Financial Services LLP reduced its stake in Burlington Stores, Inc. (NYSE:BURL) by 49.4% in the second quarter, Holdings Channel.com reports. The institutional investor owned 4,602 shares of the company’s stock after selling 4,495 shares during the period. Mirabella Financial Services LLP’s holdings in Burlington Stores were worth $1,071,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of BURL. WPG Advisers LLC purchased a new position in shares of Burlington Stores during the 1st quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Burlington Stores by 250.9% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 186 shares of the company’s stock valued at $43,000 after purchasing an additional 133 shares in the last quarter. Brooklyn Investment Group grew its stake 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 purchasing an additional 67 shares during the period. Farther Finance Advisors LLC grew its stake 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 purchasing an additional 174 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Burlington Stores by 14.4% in the first 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.

Insider Buying and Selling at Burlington Stores

In other news, CMO Jennifer Vecchio sold 419 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $274.48, for a total value of $115,007.12. Following the transaction, the chief marketing officer directly owned 63,751 shares in the company, valued at $17,498,374.48. This trade represents a 0.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CAO Stephen Ferroni sold 1,123 shares of Burlington Stores 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 completion of the sale, the chief accounting officer directly owned 2,389 shares of the company’s stock, valued at $671,906.25. The trade was a 31.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,626 shares of company stock worth $452,804 over the last three months. Insiders own 1.10% of the company’s stock.

Burlington Stores Trading Up 3.1%

Shares of NYSE:BURL opened at $256.68 on Friday. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.21 and a quick ratio of 0.46. Burlington Stores, Inc. has a 1 year low of $212.92 and a 1 year high of $309.00. The company has a market cap of $16.15 billion, a P/E ratio of 29.50, a PEG ratio of 1.63 and a beta of 1.79. The stock’s fifty day moving average price is $268.70 and its 200-day moving average price is $263.55.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on BURL shares. Wells Fargo & Company dropped their target price on shares of Burlington Stores from $330.00 to $315.00 and set an “overweight” rating on the stock in a report on Monday, October 27th. Bank of America upped their price objective on shares of Burlington Stores from $350.00 to $363.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Cowen reissued a “buy” rating on shares of Burlington Stores in a research report on Wednesday, November 26th. Evercore ISI reduced their price objective on Burlington Stores from $370.00 to $335.00 and set an “outperform” rating for the company in a research report on Wednesday, November 26th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $350.00 price objective on shares of Burlington Stores in a research note on Tuesday, November 25th. Fifteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $336.21.

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.