Burlington Stores, Inc. $BURL Shares Sold by Zions Bancorporation National Association UT

Zions Bancorporation National Association UT trimmed its position in shares of Burlington Stores, Inc. (NYSE:BURL) by 13.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,838 shares of the company’s stock after selling 1,777 shares during the quarter. Zions Bancorporation National Association UT’s holdings in Burlington Stores were worth $3,013,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Burlington Stores by 3.5% during the third quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock worth $1,726,070,000 after buying an additional 232,358 shares in the last quarter. Amica Mutual Insurance Co. acquired a new position in Burlington Stores during the third quarter worth about $185,000. State of New Jersey Common Pension Fund D grew its stake in Burlington Stores by 2.2% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 22,304 shares of the company’s stock valued at $5,676,000 after acquiring an additional 484 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in Burlington Stores by 6.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,140 shares of the company’s stock valued at $1,308,000 after acquiring an additional 298 shares in the last quarter. Finally, ABN Amro Investment Solutions acquired a new stake in Burlington Stores in the 3rd quarter valued at about $206,000.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on BURL shares. The Goldman Sachs Group set a $331.00 price target on Burlington Stores in a research report on Wednesday, November 26th. Weiss Ratings reissued a “hold (c+)” rating on shares of Burlington Stores in a research note on Wednesday, January 21st. Citigroup cut their target price on Burlington Stores from $358.00 to $351.00 and set a “buy” rating for the company in a research note on Monday, November 3rd. Guggenheim started coverage on shares of Burlington Stores in a research report on Tuesday, December 9th. They set a “neutral” rating on the stock. Finally, JPMorgan Chase & Co. dropped their price target on shares of Burlington Stores from $346.00 to $316.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Fifteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Burlington Stores currently has an average rating of “Moderate Buy” and an average price target of $335.94.

Burlington Stores Stock Up 2.9%

NYSE:BURL opened at $302.37 on Monday. Burlington Stores, Inc. has a 52 week low of $212.92 and a 52 week high of $318.49. The stock’s fifty day moving average is $292.94 and its two-hundred day moving average is $279.89. The stock has a market capitalization of $19.03 billion, a price-to-earnings ratio of 34.75, a price-to-earnings-growth ratio of 1.64 and a beta of 1.74. The company has a quick ratio of 0.46, a current ratio of 1.21 and a debt-to-equity ratio of 1.32.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings data 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 return on equity of 41.02% and a net margin of 5.01%.The firm had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter in the previous year, the business earned $1.55 EPS. The company’s quarterly revenue 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. Research analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current year.

Burlington Stores Profile

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.