Y Intercept Hong Kong Ltd Increases Stake in Burlington Stores, Inc. $BURL

Y Intercept Hong Kong Ltd increased its stake in Burlington Stores, Inc. (NYSE:BURL) by 136.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,591 shares of the company’s stock after buying an additional 9,583 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Burlington Stores were worth $4,222,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of BURL. First Horizon Corp purchased a new position in shares of Burlington Stores in the 3rd quarter valued at approximately $25,000. Root Financial Partners LLC bought a new position in Burlington Stores in the third quarter worth $30,000. Mather Group LLC. bought a new position in Burlington Stores in the third quarter worth $36,000. Geneos Wealth Management Inc. lifted its position in 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 during the period. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Burlington Stores by 362.5% during the 2nd quarter. Farther Finance Advisors LLC now owns 222 shares of the company’s stock valued at $52,000 after buying an additional 174 shares in the last quarter.

Insider Buying and Selling at Burlington Stores

In other news, CMO Jennifer Vecchio sold 419 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $274.48, for a total transaction of $115,007.12. Following the transaction, the chief marketing officer directly owned 63,751 shares of the company’s stock, valued at $17,498,374.48. This represents a 0.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.10% of the stock is owned by corporate insiders.

Burlington Stores Trading Down 0.6%

Shares of NYSE BURL opened at $298.10 on Monday. The firm’s 50 day moving average price is $282.61 and its 200-day moving average price is $276.59. Burlington Stores, Inc. has a 52-week low of $212.92 and a 52-week high of $315.14. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.46 and a current ratio of 1.21. The company has a market cap of $18.76 billion, a PE ratio of 34.26, a P/E/G ratio of 1.83 and a beta of 1.74.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.09. The company had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.74 billion. Burlington Stores had a net margin of 5.01% and a return on equity of 41.02%. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the previous year, the business earned $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, equities research analysts expect that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a $330.00 price target on shares of Burlington Stores in a research note on Tuesday, November 25th. Sanford C. Bernstein set a $350.00 price objective on shares of Burlington Stores and gave the stock an “outperform” rating in a report on Tuesday, January 6th. Gordon Haskett downgraded shares of Burlington Stores from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 5th. Citigroup lowered their target price on shares of Burlington Stores from $358.00 to $351.00 and set a “buy” rating for the company in a report on Monday, November 3rd. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $350.00 price target on shares of Burlington Stores in a research report on Tuesday, November 25th. Fifteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $335.94.

Burlington Stores Company 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.