Insider Selling: Burlington Stores (NYSE:BURL) COO Sells 3,759 Shares of Stock

Burlington Stores, Inc. (NYSE:BURLGet Free Report) COO Travis Marquette sold 3,759 shares of the stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the transaction, the chief operating officer directly owned 26,350 shares in the company, valued at approximately $8,636,212.50. This represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Burlington Stores Stock Up 1.1%

NYSE:BURL traded up $3.63 during trading hours on Wednesday, reaching $328.78. The company had a trading volume of 727,371 shares, compared to its average volume of 859,107. Burlington Stores, Inc. has a twelve month low of $212.92 and a twelve month high of $332.20. The company has a quick ratio of 0.65, a current ratio of 1.23 and a debt-to-equity ratio of 1.11. The firm has a market cap of $20.61 billion, a price-to-earnings ratio of 34.54, a P/E/G ratio of 1.93 and a beta of 1.73. The business’s 50-day simple moving average is $304.72 and its two-hundred day simple moving average is $284.73.

Burlington Stores (NYSE:BURLGet Free Report) last announced its quarterly earnings data on Thursday, March 5th. The company reported $4.99 earnings per share for the quarter, beating the consensus estimate of $4.70 by $0.29. The firm had revenue of $3.65 billion for the quarter, compared to analyst estimates of $2.77 billion. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.07 earnings per share. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. On average, equities analysts expect that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Wall Street Analyst Weigh In

BURL has been the topic of several recent research reports. Weiss Ratings upgraded Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. TD Cowen reaffirmed a “buy” rating on shares of Burlington Stores in a research report on Wednesday, November 26th. Wells Fargo & Company increased their target price on Burlington Stores from $350.00 to $400.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Citigroup lifted their price target on shares of Burlington Stores from $351.00 to $380.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Finally, Jefferies Financial Group restated a “buy” rating and set a $370.00 price target on shares of Burlington Stores in a research note on Thursday, March 5th. Sixteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Burlington Stores presently has a consensus rating of “Moderate Buy” and a consensus target price of $355.44.

Check Out Our Latest Stock Analysis on Burlington Stores

Institutional Trading of Burlington Stores

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. First Horizon Corp bought a new position in shares of Burlington Stores in the third quarter valued at approximately $25,000. Stone House Investment Management LLC bought a new stake in Burlington Stores during the fourth quarter worth $25,000. JPL Wealth Management LLC purchased a new stake in Burlington Stores in the 3rd quarter valued at $28,000. Root Financial Partners LLC purchased a new stake in Burlington Stores in the 3rd quarter valued at $30,000. Finally, Harbour Investments Inc. lifted its stake in Burlington Stores by 44.7% during the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after acquiring an additional 34 shares in the last quarter.

About Burlington Stores

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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.

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