Prospera Financial Services Inc Acquires 3,484 Shares of Burlington Stores, Inc. $BURL

Prospera Financial Services Inc boosted its holdings in Burlington Stores, Inc. (NYSE:BURL) by 333.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,528 shares of the company’s stock after purchasing an additional 3,484 shares during the quarter. Prospera Financial Services Inc’s holdings in Burlington Stores were worth $1,053,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. WPG Advisers LLC bought a new stake in shares of Burlington Stores in the 1st quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in Burlington Stores by 250.9% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 186 shares of the company’s stock valued at $43,000 after buying an additional 133 shares during the last quarter. Brooklyn Investment Group boosted its holdings in Burlington Stores by 48.2% in the first quarter. Brooklyn Investment Group now owns 206 shares of the company’s stock worth $49,000 after acquiring an additional 67 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in Burlington Stores by 362.5% in the second quarter. Farther Finance Advisors LLC now owns 222 shares of the company’s stock worth $52,000 after acquiring an additional 174 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Burlington Stores by 14.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock worth $72,000 after acquiring an additional 38 shares during the last quarter.

Insider Buying and Selling at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 419 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $274.48, for a total value of $115,007.12. Following the transaction, the chief marketing officer directly owned 63,751 shares of the company’s stock, valued at approximately $17,498,374.48. This trade represents a 0.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Stephen Ferroni sold 1,123 shares of the business’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total value of $315,843.75. Following the sale, the chief accounting officer owned 2,389 shares of the company’s stock, valued at approximately $671,906.25. This represents a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,626 shares of company stock valued at $452,804 in the last ninety days. 1.10% of the stock is currently owned by corporate insiders.

Burlington Stores Stock Up 0.2%

BURL opened at $286.80 on Thursday. The stock has a market capitalization of $18.08 billion, a price-to-earnings ratio of 33.86, a PEG ratio of 2.14 and a beta of 1.74. The firm has a 50 day moving average price of $270.58 and a 200-day moving average price of $261.16. Burlington Stores, Inc. has a twelve month low of $212.92 and a twelve month high of $309.00. 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 (NYSE:BURL) last issued its earnings results on Thursday, August 28th. The company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.32. The company had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.64 billion. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The firm’s quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter last year, the company posted $1.24 earnings per share. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. Equities research analysts forecast that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Gordon Haskett lowered Burlington Stores from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 5th. Barclays raised their price objective on shares of Burlington Stores from $299.00 to $336.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $350.00 target price (up from $300.00) on shares of Burlington Stores in a report on Thursday, August 28th. JPMorgan Chase & Co. increased their price target on shares of Burlington Stores from $280.00 to $338.00 and gave the company an “overweight” rating in a report on Monday, July 28th. Finally, UBS Group raised their price target on shares of Burlington Stores from $390.00 to $430.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Fourteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Burlington Stores presently has an average rating of “Moderate Buy” and an average price target of $344.14.

Burlington Stores Company 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.