Burlington Stores (NYSE:BURL) CAO Sells $790,106.46 in Stock

Burlington Stores, Inc. (NYSE:BURLGet Free Report) CAO Stephen Ferroni sold 2,343 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $337.22, for a total value of $790,106.46. Following the completion of the transaction, the chief accounting officer directly owned 1,391 shares in the company, valued at $469,073.02. The trade was a 62.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Burlington Stores Trading Down 0.6%

Shares of NYSE:BURL opened at $331.79 on Thursday. The stock has a market capitalization of $20.88 billion, a price-to-earnings ratio of 34.10, a PEG ratio of 1.80 and a beta of 1.46. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.49 and a current ratio of 1.16. The stock’s 50-day simple moving average is $321.52 and its two-hundred day simple moving average is $306.13. Burlington Stores, Inc. has a 52-week low of $218.52 and a 52-week high of $351.85.

Burlington Stores (NYSE:BURLGet Free Report) last announced its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.21. The business had revenue of $2.86 billion for the quarter, compared to analysts’ expectations of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same period last year, the firm posted $1.60 earnings per share. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. Analysts expect that Burlington Stores, Inc. will post 11.71 EPS for the current year.

Institutional Investors Weigh In On Burlington Stores

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pine Valley Investments Ltd Liability Co bought a new stake in Burlington Stores during the 1st quarter worth approximately $214,000. DV Trading LLC bought a new stake in Burlington Stores during the 1st quarter worth approximately $247,000. NewEdge Advisors LLC raised its stake in Burlington Stores by 63.7% during the 1st quarter. NewEdge Advisors LLC now owns 1,648 shares of the company’s stock worth $536,000 after acquiring an additional 641 shares during the period. Caerus Investment Advisors LLC bought a new stake in Burlington Stores during the 1st quarter worth approximately $338,000. Finally, Essential Partners LLC raised its stake in Burlington Stores by 142.3% during the 1st quarter. Essential Partners LLC now owns 751 shares of the company’s stock worth $244,000 after acquiring an additional 441 shares during the period.

Wall Street Analyst Weigh In

Several research analysts have issued reports on BURL shares. Wells Fargo & Company dropped their target price on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Barclays raised their target price on Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Bank of America boosted their price objective on Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Truist Financial increased their target price on shares of Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Finally, Evercore reissued an “outperform” rating and issued a $375.00 target price on shares of Burlington Stores in a report on Thursday, March 5th. Fifteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $353.56.

View Our Latest Report on Burlington Stores

Burlington Stores Company Profile

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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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