Benchstone Capital Management LP Sells 15,255 Shares of Burlington Stores, Inc. $BURL

Benchstone Capital Management LP lessened its stake in Burlington Stores, Inc. (NYSE:BURL) by 12.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 108,248 shares of the company’s stock after selling 15,255 shares during the quarter. Burlington Stores makes up about 2.2% of Benchstone Capital Management LP’s investment portfolio, making the stock its 24th largest position. Benchstone Capital Management LP’s holdings in Burlington Stores were worth $25,183,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. SRS Investment Management LLC increased its holdings in Burlington Stores by 15.9% in the 2nd quarter. SRS Investment Management LLC now owns 1,472,137 shares of the company’s stock valued at $342,478,000 after acquiring an additional 201,716 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Burlington Stores by 2.3% during the second quarter. Geode Capital Management LLC now owns 1,176,469 shares of the company’s stock valued at $272,894,000 after purchasing an additional 26,866 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Burlington Stores by 4.2% in the second quarter. American Century Companies Inc. now owns 767,436 shares of the company’s stock worth $178,536,000 after purchasing an additional 30,750 shares during the last quarter. Dorsal Capital Management LP increased its holdings in shares of Burlington Stores by 7.1% in the second quarter. Dorsal Capital Management LP now owns 750,000 shares of the company’s stock worth $174,480,000 after purchasing an additional 50,000 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Burlington Stores in the second quarter worth about $171,893,000.

Burlington Stores Stock Down 1.3%

NYSE BURL opened at $265.86 on Friday. The company has a quick ratio of 0.46, a current ratio of 1.21 and a debt-to-equity ratio of 1.32. The company has a fifty day moving average of $269.98 and a two-hundred day moving average of $264.12. The firm has a market capitalization of $16.73 billion, a price-to-earnings ratio of 30.56, a PEG ratio of 1.77 and a beta of 1.79. Burlington Stores, Inc. has a 52 week low of $212.92 and a 52 week high of $309.00.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $1.68 EPS for the quarter, beating the consensus estimate of $1.59 by $0.09. Burlington Stores had a net margin of 5.01% and a return on equity of 41.02%. The company had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same period in the prior year, the firm posted $1.55 EPS. The firm’s revenue was up 7.1% compared to the same quarter last year. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS and its FY 2025 guidance at 9.690-9.890 EPS. On average, analysts predict that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. BTIG Research initiated coverage on Burlington Stores in a report on Tuesday, October 14th. They set a “neutral” rating for the company. Telsey Advisory Group reiterated an “outperform” rating and set a $350.00 target price on shares of Burlington Stores in a research report on Tuesday, November 25th. The Goldman Sachs Group set a $331.00 target price on shares of Burlington Stores in a report on Wednesday, November 26th. Morgan Stanley reduced their price target on shares of Burlington Stores from $330.00 to $310.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 26th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $330.00 price objective on shares of Burlington Stores in a research report on Tuesday, November 25th. Fifteen equities research analysts have rated the stock with a Buy rating and four 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 $336.21.

Insider Activity at Burlington Stores

In other news, CMO Jennifer Vecchio sold 419 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $274.48, for a total value of $115,007.12. Following the sale, the chief marketing officer directly owned 63,751 shares in the company, valued at approximately $17,498,374.48. This represents a 0.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.10% of the company’s stock.

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.