Burlington Stores Sees Unusually High Options Volume (NYSE:BURL)

Burlington Stores, Inc. (NYSE:BURL) saw some unusual options trading activity on Monday. Stock investors bought 16,834 put options on the stock. This is an increase of approximately 327% compared to the typical volume of 3,940 put options.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on BURL shares. UBS Group increased their price objective on shares of Burlington Stores from $435.00 to $440.00 and gave the company a “buy” rating in a research report on Monday, August 17th. Citigroup reduced their price objective on shares of Burlington Stores from $380.00 to $318.00 and set a “neutral” rating for the company in a research report on Friday, August 28th. Wolfe Research began coverage on Burlington Stores in a report on Wednesday. They issued an “outperform” rating and a $356.00 target price for the company. The Goldman Sachs Group dropped their price target on Burlington Stores from $394.00 to $382.00 and set a “buy” rating on the stock in a research note on Monday, August 31st. Finally, Weiss Ratings raised Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 16th. Fifteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $369.88.

Insider Transactions at Burlington Stores

In other news, CMO Jennifer Vecchio sold 1,678 shares of Burlington Stores stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $271.53, for a total value of $455,627.34. Following the completion of the transaction, the chief marketing officer owned 74,305 shares in the company, valued at approximately $20,176,036.65. This trade represents a 2.21% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.30% of the stock is owned by corporate insiders.

Institutional Trading of Burlington Stores

Institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in Burlington Stores in the second quarter valued at approximately $2,157,518,000. Alyeska Investment Group L.P. raised its stake in shares of Burlington Stores by 15.4% during the second quarter. Alyeska Investment Group L.P. now owns 1,049,778 shares of the company’s stock valued at $332,570,000 after purchasing an additional 139,958 shares in the last quarter. Jupiter Topco LLC acquired a new position in Burlington Stores during the 2nd quarter valued at about $283,228,000. Janus Henderson Group PLC lifted its stake in shares of Burlington Stores by 1.0% in the 1st quarter. Janus Henderson Group PLC now owns 880,017 shares of the company’s stock worth $286,341,000 after acquiring an additional 8,361 shares during the period. Finally, Primecap Management Co. CA bought a new position in Burlington Stores during the 2nd quarter valued at $266,416,000.

Burlington Stores Price Performance

Shares of NYSE:BURL traded down $6.62 during midday trading on Monday, hitting $241.01. 795,189 shares of the stock were exchanged, compared to its average volume of 971,807. The stock has a market cap of $15.14 billion, a P/E ratio of 21.62, a PEG ratio of 1.50 and a beta of 1.43. The company has a current ratio of 1.17, a quick ratio of 0.47 and a debt-to-equity ratio of 0.95. The company has a 50 day moving average price of $270.09 and a 200-day moving average price of $309.92. Burlington Stores has a twelve month low of $226.85 and a twelve month high of $378.33.

Burlington Stores (NYSE:BURL) last issued its earnings results on Thursday, August 27th. The company reported $2.96 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.77. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%. The business had revenue of $3 billion for the quarter, compared to analyst estimates of $3.03 billion. During the same period last year, the company posted $1.72 EPS. The business’s quarterly revenue was up 11.0% on a year-over-year basis. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. On average, research analysts forecast that Burlington Stores will post 11.93 earnings per share for the current year.

Burlington Stores Company Profile

Burlington Stores, Inc (NYSE:BURL) is an off-price retailer offering branded and private-label merchandise at discounted prices. The company sells a broad range of products, including women’s, men’s and children’s apparel; footwear; accessories; home goods; and baby products.

Burlington operates through a nationwide network of stores in the United States. Its off-price model emphasizes opportunistic purchasing, allowing the company to offer changing assortments of merchandise at prices generally below those of department stores and specialty retailers.

The company traces its history to 1972, when it opened its first store in Burlington, New Jersey, as Burlington Coat Factory.