Burlington Stores, Inc. $BURL Position Reduced by Rhumbline Advisers

Rhumbline Advisers trimmed its position in Burlington Stores, Inc. (NYSE:BURL) by 2.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 183,121 shares of the company’s stock after selling 4,805 shares during the quarter. Rhumbline Advisers owned approximately 0.29% of Burlington Stores worth $46,604,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in BURL. First Horizon Corp acquired a new position in Burlington Stores in the 3rd quarter worth approximately $25,000. Root Financial Partners LLC purchased a new stake in shares of Burlington Stores in the third quarter valued at $30,000. Mather Group LLC. acquired a new stake in shares of Burlington Stores in the third quarter worth $36,000. Geneos Wealth Management Inc. grew its holdings in shares of 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 buying an additional 113 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in shares of Burlington Stores by 38.2% during the third quarter. Jones Financial Companies Lllp now owns 170 shares of the company’s stock valued at $45,000 after buying an additional 47 shares in the last quarter.

Burlington Stores Trading Up 2.9%

Burlington Stores stock opened at $302.37 on Friday. Burlington Stores, Inc. has a one year low of $212.92 and a one year high of $318.49. The company’s fifty day moving average price is $292.94 and its two-hundred day moving average price is $279.90. 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 capitalization of $19.03 billion, a price-to-earnings ratio of 34.75, a PEG ratio of 1.59 and a beta of 1.74.

Burlington Stores (NYSE:BURL) last released its quarterly earnings results on Tuesday, November 25th. The company reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.09. The company had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.74 billion. Burlington Stores had a return on equity of 41.02% and a net margin of 5.01%.The firm’s revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.55 EPS. 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. On average, analysts forecast that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on BURL shares. Barclays decreased their price objective on Burlington Stores from $336.00 to $331.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Jefferies Financial Group restated a “buy” rating and set a $330.00 price target on shares of Burlington Stores in a report on Tuesday, November 25th. JPMorgan Chase & Co. dropped their price objective on shares of Burlington Stores from $346.00 to $316.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. The Goldman Sachs Group set a $331.00 target price on shares of Burlington Stores in a research note on Wednesday, November 26th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Burlington Stores in a report on Thursday, January 8th. They set a “hold” rating and a $318.00 price target on the stock. Fifteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Burlington Stores presently has a consensus rating of “Moderate Buy” and a consensus price target of $335.94.

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.