Landscape Capital Management L.L.C. bought a new position in shares of Burlington Stores, Inc. (NYSE:BURL – Free Report) during the 2nd quarter, HoldingsChannel reports. The firm bought 12,812 shares of the company’s stock, valued at approximately $4,059,000.
Other large investors have also recently made changes to their positions in the company. JPL Wealth Management LLC bought a new stake in shares of Burlington Stores during the 3rd quarter valued at $28,000. Harbour Investments Inc. increased its position in shares of Burlington Stores by 44.7% during the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after buying an additional 34 shares during the period. Reflection Asset Management bought a new stake in shares of Burlington Stores during the fourth quarter valued at about $34,000. Larson Financial Group LLC boosted its position in shares of Burlington Stores by 180.0% in the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock valued at $36,000 after acquiring an additional 81 shares during the period. Finally, Geneos Wealth Management Inc. grew its stake 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 acquiring an additional 113 shares in the last quarter.
Analysts Set New Price Targets
A number of analysts recently weighed in on BURL shares. Wells Fargo & Company decreased their target price on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Barclays upped their price target on shares of Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. Evercore reiterated an “outperform” rating and issued a $400.00 price objective on shares of Burlington Stores in a research report on Monday. UBS Group lifted their price objective on Burlington Stores from $435.00 to $440.00 and gave the company a “buy” rating in a research note on Monday. Finally, Jefferies Financial Group raised their price target on Burlington Stores from $365.00 to $410.00 and gave the company a “buy” rating in a report on Friday, August 14th. Thirteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $371.50.
Burlington Stores Stock Performance
NYSE BURL opened at $327.10 on Friday. Burlington Stores, Inc. has a 52-week low of $240.49 and a 52-week high of $378.33. 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 company has a market capitalization of $20.59 billion, a P/E ratio of 33.62, a P/E/G ratio of 1.71 and a beta of 1.44. The company has a fifty day moving average of $342.03 and a 200-day moving average of $324.76.
Burlington Stores (NYSE:BURL – Get Free Report) last released its earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates 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 firm’s revenue was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. As a group, equities research analysts predict that Burlington Stores, Inc. will post 12.21 EPS for the current fiscal year.
Insider Transactions at Burlington Stores
In other news, CAO Stephen Ferroni sold 2,343 shares of the company’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 approximately $469,073.02. This represents a 62.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CMO Jennifer Vecchio sold 20,920 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $341.53, for a total value of $7,144,807.60. Following the transaction, the chief marketing officer owned 81,017 shares in the company, valued at $27,669,736.01. This trade represents a 20.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 30,392 shares of company stock worth $10,280,271. 1.30% of the stock is currently owned by corporate insiders.
About Burlington Stores
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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