Holocene Advisors LP Reduces Stake in Burlington Stores, Inc. $BURL

Holocene Advisors LP reduced its holdings in Burlington Stores, Inc. (NYSE:BURL) by 63.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 410,097 shares of the company’s stock after selling 713,352 shares during the quarter. Holocene Advisors LP’s holdings in Burlington Stores were worth $95,405,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. WPG Advisers LLC purchased a new stake in Burlington Stores in the first quarter worth $26,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Burlington Stores by 250.9% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 186 shares of the company’s stock worth $43,000 after purchasing an additional 133 shares in the last quarter. Brooklyn Investment Group raised its holdings in Burlington Stores by 48.2% in the 1st quarter. Brooklyn Investment Group now owns 206 shares of the company’s stock worth $49,000 after purchasing an additional 67 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Burlington Stores by 362.5% in the 2nd 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. boosted its stake in shares of Burlington Stores by 14.4% during 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.

Insider Activity at Burlington Stores

In related news, CMO Jennifer Vecchio sold 419 shares of the firm’s 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 completion of the transaction, the chief marketing officer directly owned 63,751 shares of the company’s stock, valued at approximately $17,498,374.48. This trade represents a 0.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.10% of the company’s stock.

Burlington Stores Stock Performance

Shares of NYSE BURL opened at $265.86 on Friday. The firm’s 50-day moving average price is $269.98 and its 200-day moving average price is $264.12. The company has a quick ratio of 0.46, a current ratio of 1.21 and a debt-to-equity ratio of 1.32. The company has a market cap of $16.73 billion, a PE ratio of 30.56, a PEG ratio of 1.77 and a beta of 1.79. Burlington Stores, Inc. has a 52-week low of $212.92 and a 52-week high of $309.00.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.09. Burlington Stores had a net margin of 5.01% and a return on equity of 41.02%. The firm had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.74 billion. During the same period in the prior year, the company posted $1.55 earnings per share. The company’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. As a group, analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current year.

Wall Street Analysts Forecast Growth

BURL has been the subject of a number of research reports. Cowen reissued a “buy” rating on shares of Burlington Stores in a research note on Wednesday, November 26th. Jefferies Financial Group reissued a “buy” rating and issued a $330.00 target price on shares of Burlington Stores in a research report on Tuesday, November 25th. JPMorgan Chase & Co. dropped their price target on Burlington Stores from $346.00 to $316.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 26th. UBS Group reiterated a “buy” rating on shares of Burlington Stores in a report on Monday, November 17th. Finally, Citigroup dropped their target price on shares of Burlington Stores from $358.00 to $351.00 and set a “buy” rating on the stock in a report on Monday, November 3rd. Fifteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $336.21.

About Burlington Stores

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.