Asset Management One Co. Ltd. lifted its holdings in Burlington Stores, Inc. (NYSE:BURL – Free Report) by 0.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,993 shares of the company’s stock after purchasing an additional 79 shares during the period. Asset Management One Co. Ltd.’s holdings in Burlington Stores were worth $5,582,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Golden State Wealth Management LLC lifted its stake in shares of Burlington Stores by 258.6% in the 1st quarter. Golden State Wealth Management LLC now owns 104 shares of the company’s stock worth $25,000 after purchasing an additional 75 shares during the period. WPG Advisers LLC purchased a new position in Burlington Stores during the first quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings 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 purchasing an additional 133 shares in the last quarter. Brooklyn Investment Group lifted its holdings in Burlington Stores by 48.2% during the first quarter. Brooklyn Investment Group now owns 206 shares of the company’s stock valued at $49,000 after purchasing an additional 67 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in Burlington Stores by 362.5% during the second quarter. Farther Finance Advisors LLC now owns 222 shares of the company’s stock valued at $52,000 after purchasing an additional 174 shares in the last quarter.
Insider Buying and Selling at Burlington Stores
In related news, CAO Stephen Ferroni sold 1,123 shares of the firm’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total value of $315,843.75. Following the completion of the transaction, the chief accounting officer directly owned 2,389 shares of the company’s stock, valued at approximately $671,906.25. This trade represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.10% of the company’s stock.
Burlington Stores Trading Up 1.1%
Burlington Stores (NYSE:BURL – Get Free Report) last released its quarterly earnings data on Thursday, August 28th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.32. The firm 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 company’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter last year, the business 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. On average, equities analysts predict that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several brokerages have weighed in on BURL. Bank of America lifted their price target on shares of Burlington Stores from $350.00 to $363.00 and gave the company a “buy” rating in a report on Friday, August 29th. The Goldman Sachs Group lowered 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. UBS Group lifted their price target on shares of Burlington Stores from $390.00 to $430.00 and gave the company a “buy” rating in a report on Friday, August 29th. JPMorgan Chase & Co. lifted 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, Evercore ISI lifted their price target on shares of Burlington Stores from $310.00 to $370.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Fourteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $343.21.
View Our Latest Report on BURL
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.
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