OFI Invest Asset Management Acquires 184 Shares of Burlington Stores, Inc. $BURL

OFI Invest Asset Management increased its holdings in Burlington Stores, Inc. (NYSE:BURL) by 73.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 433 shares of the company’s stock after buying an additional 184 shares during the period. OFI Invest Asset Management’s holdings in Burlington Stores were worth $101,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of BURL. Fifth Third Bancorp boosted its holdings in Burlington Stores by 19.8% in the 1st quarter. Fifth Third Bancorp now owns 514 shares of the company’s stock worth $123,000 after buying an additional 85 shares during the period. Elevation Point Wealth Partners LLC boosted its holdings in Burlington Stores by 14.4% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 1,923 shares of the company’s stock worth $458,000 after buying an additional 242 shares during the period. Ritholtz Wealth Management bought a new position in Burlington Stores in the 1st quarter worth approximately $234,000. Precision Wealth Strategies LLC boosted its holdings in Burlington Stores by 14.7% in the 1st quarter. Precision Wealth Strategies LLC now owns 1,646 shares of the company’s stock worth $392,000 after buying an additional 211 shares during the period. Finally, Chicago Capital LLC boosted its holdings in Burlington Stores by 36.6% in the 1st quarter. Chicago Capital LLC now owns 181,663 shares of the company’s stock worth $43,296,000 after buying an additional 48,680 shares during the period.

Burlington Stores Stock Down 2.3%

Shares of NYSE:BURL opened at $254.46 on Monday. The firm has a fifty day moving average price of $273.88 and a two-hundred day moving average price of $254.32. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.23 and a quick ratio of 0.55. Burlington Stores, Inc. has a one year low of $212.92 and a one year high of $309.00. The company has a market cap of $16.04 billion, a price-to-earnings ratio of 30.04, a PEG ratio of 1.90 and a beta of 1.74.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings data on Thursday, August 28th. The company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.32. The firm had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.64 billion. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The business’s quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter last year, the company posted $1.24 EPS. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. Analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently commented on BURL shares. Bank of America raised their price objective on shares of Burlington Stores from $350.00 to $363.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Wells Fargo & Company raised their price objective on shares of Burlington Stores from $300.00 to $330.00 and gave the stock an “overweight” rating in a report on Thursday, August 28th. JPMorgan Chase & Co. raised their price target on shares of Burlington Stores from $280.00 to $338.00 and gave the company an “overweight” rating in a report on Monday, July 28th. Evercore ISI raised their price target on shares of Burlington Stores from $310.00 to $370.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Finally, Barclays raised their price target on shares of Burlington Stores from $299.00 to $336.00 and gave the company an “overweight” rating in a report on Friday, August 29th. Fourteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Burlington Stores presently has an average rating of “Moderate Buy” and a consensus target price of $344.29.

Insider Buying and Selling at Burlington Stores

In other news, CAO Stephen Ferroni sold 1,123 shares of the firm’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total transaction of $315,843.75. Following the sale, the chief accounting officer owned 2,389 shares in the company, valued at approximately $671,906.25. This trade represents a 31.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.10% of the company’s stock.

Burlington Stores Profile

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.