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

Burlington Stores, Inc. (NYSE:BURL) was the target of some unusual options trading on Wednesday. Stock traders purchased 5,119 put options on the company. This is an increase of approximately 49% compared to the typical daily volume of 3,438 put options.

Wall Street Analyst Weigh In

BURL has been the topic of several recent analyst reports. Citigroup lowered their price target on Burlington Stores from $380.00 to $318.00 and set a “neutral” rating on the stock in a research report on Friday, August 28th. Morgan Stanley decreased their target price on shares of Burlington Stores from $438.00 to $432.00 and set an “overweight” rating for the company in a research note on Friday, August 28th. JPMorgan Chase & Co. dropped their price target on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Burlington Stores from $367.00 to $323.00 and set a “hold” rating for the company in a research note on Friday, August 28th. Finally, Jefferies Financial Group lifted their price objective on shares of Burlington Stores from $365.00 to $410.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Fourteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Burlington Stores has a consensus rating of “Moderate Buy” and an average target price of $370.75.

Burlington Stores Stock Performance

Shares of NYSE BURL opened at $238.23 on Friday. 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 market capitalization of $14.96 billion, a P/E ratio of 21.39, a P/E/G ratio of 1.34 and a beta of 1.42. Burlington Stores has a 12 month low of $236.75 and a 12 month high of $378.33. The stock has a 50 day moving average of $326.69 and a 200-day moving average of $321.66.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings results on Thursday, August 27th. The company reported $2.96 earnings per share for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $3.03 billion. During the same quarter in the prior year, the business earned $1.72 EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts predict that Burlington Stores will post 12.9 EPS for the current year.

Insider Activity

In related news, CMO Jennifer Vecchio sold 1,678 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $369.04, for a total transaction of $619,249.12. Following the sale, the chief marketing officer owned 77,661 shares in the company, valued at approximately $28,660,015.44. This represents a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.30% of the company’s stock.

Institutional Trading of Burlington Stores

A number of hedge funds have recently modified their holdings of the stock. Harbour Investments Inc. grew its stake in Burlington Stores by 44.7% in the 4th 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 last quarter. JPL Wealth Management LLC acquired a new stake in Burlington Stores during the third quarter worth approximately $28,000. Reflection Asset Management bought a new stake in shares of Burlington Stores during the fourth quarter worth approximately $34,000. Larson Financial Group LLC boosted its holdings in shares of Burlington Stores by 180.0% during the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock worth $36,000 after acquiring an additional 81 shares during the period. Finally, Geneos Wealth Management Inc. grew its position in shares of Burlington Stores by 235.4% in the second quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after purchasing an additional 113 shares during the last quarter.

Burlington Stores Company Profile

Burlington Stores, Inc is an off-price retailer operating under the Burlington brand. The company sells a broad assortment of branded and private-label merchandise at discounted prices, including women’s, men’s and children’s apparel; footwear; accessories; home goods; and seasonal products.

Burlington’s merchandise assortment is designed to change frequently, with products sourced through manufacturers, wholesalers and other vendors. This flexible buying model allows the company to offer customers value-oriented selections across multiple categories while adapting its inventory to changing consumer preferences and market conditions.

The company traces its origins to 1972, when it began as a coat-focused retailer in Burlington, New Jersey, under the Burlington Coat Factory name.