Securian Asset Management Inc. Acquires 100 Shares of Burlington Stores, Inc. $BURL

Securian Asset Management Inc. lifted its position in Burlington Stores, Inc. (NYSE:BURL) by 2.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,861 shares of the company’s stock after purchasing an additional 100 shares during the quarter. Securian Asset Management Inc.’s holdings in Burlington Stores were worth $1,131,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Burlington Stores by 3.4% in the first quarter. Vanguard Group Inc. now owns 6,603,257 shares of the company’s stock worth $1,573,754,000 after purchasing an additional 219,124 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in shares of Burlington Stores by 0.6% in the first quarter. Massachusetts Financial Services Co. MA now owns 961,560 shares of the company’s stock worth $229,169,000 after purchasing an additional 5,912 shares during the period. American Century Companies Inc. increased its holdings in shares of Burlington Stores by 4.0% in the first quarter. American Century Companies Inc. now owns 736,686 shares of the company’s stock worth $175,574,000 after purchasing an additional 28,566 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Burlington Stores by 3.2% in the first quarter. Dimensional Fund Advisors LP now owns 689,831 shares of the company’s stock worth $164,393,000 after purchasing an additional 21,548 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Burlington Stores by 0.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 675,671 shares of the company’s stock worth $161,033,000 after purchasing an additional 3,672 shares during the period.

Burlington Stores Stock Up 1.7%

BURL opened at $268.32 on Friday. The stock has a market cap of $16.91 billion, a PE ratio of 31.68, a P/E/G ratio of 1.97 and a beta of 1.74. The company has a quick ratio of 0.55, a current ratio of 1.23 and a debt-to-equity ratio of 1.40. Burlington Stores, Inc. has a 52 week low of $212.92 and a 52 week high of $309.00. The business’s fifty day simple moving average is $272.57 and its 200 day simple moving average is $256.18.

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

Insider Transactions at Burlington Stores

In other Burlington Stores news, CAO Stephen Ferroni sold 1,123 shares of the company’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total transaction of $315,843.75. Following the completion of the sale, the chief accounting officer directly owned 2,389 shares in the company, valued at $671,906.25. This represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. UBS Group upped their price target on shares of Burlington Stores from $390.00 to $430.00 and gave the stock a “buy” rating in a report on Friday, August 29th. BTIG Research assumed coverage on shares of Burlington Stores in a report on Tuesday, October 14th. They issued a “neutral” rating on the stock. The Goldman Sachs Group decreased their price target on shares of Burlington Stores from $317.00 to $316.00 and set a “buy” rating on the stock in a report on Tuesday, July 22nd. Wells Fargo & Company upped their price target 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. Finally, JPMorgan Chase & Co. increased their target price on Burlington Stores from $280.00 to $338.00 and gave the company an “overweight” rating in a research note on Monday, July 28th. Fourteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $344.29.

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.