Oak Thistle LLC Acquires Shares of 7,590 Burlington Stores, Inc. $BURL

Oak Thistle LLC purchased a new position in Burlington Stores, Inc. (NYSE:BURL) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 7,590 shares of the company’s stock, valued at approximately $1,932,000.

Several other large investors also recently bought and sold shares of the company. HighTower Advisors LLC grew its holdings in shares of Burlington Stores by 4.3% during the first quarter. HighTower Advisors LLC now owns 3,621 shares of the company’s stock worth $863,000 after buying an additional 150 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Burlington Stores by 3.2% during the first quarter. Dimensional Fund Advisors LP now owns 689,831 shares of the company’s stock valued at $164,393,000 after acquiring an additional 21,548 shares during the last quarter. Aberdeen Group plc increased its holdings in Burlington Stores by 124.8% in the 1st quarter. Aberdeen Group plc now owns 39,324 shares of the company’s stock valued at $9,372,000 after purchasing an additional 21,832 shares during the last quarter. Ethic Inc. raised its holdings in shares of Burlington Stores by 6.4% in the 1st quarter. Ethic Inc. now owns 3,749 shares of the company’s stock valued at $910,000 after buying an additional 225 shares during the period. Finally, Raymond James Financial Inc. increased its stake in Burlington Stores by 11.5% during the first quarter. Raymond James Financial Inc. now owns 67,759 shares of the company’s stock worth $16,148,000 after purchasing an additional 6,965 shares during the period.

Insiders Place Their Bets

In other Burlington Stores news, CMO Jennifer Vecchio sold 419 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were 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 in the company, valued at approximately $17,498,374.48. This represents a 0.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on BURL shares. Barclays cut their price objective on Burlington Stores from $336.00 to $331.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 26th. Evercore ISI reduced their target price on Burlington Stores from $370.00 to $335.00 and set an “outperform” rating for the company in a report on Wednesday, November 26th. JPMorgan Chase & Co. decreased their price target on shares of Burlington Stores from $346.00 to $316.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Citigroup decreased their price objective on Burlington Stores from $358.00 to $351.00 and set a “buy” rating for the company in a research report on Monday, November 3rd. Finally, Wells Fargo & Company lowered their target price on shares of Burlington Stores from $330.00 to $315.00 and set an “overweight” rating on the stock in a report on Monday, October 27th. Fifteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Burlington Stores presently has an average rating of “Moderate Buy” and a consensus price target of $336.21.

Burlington Stores Trading Up 2.6%

Shares of BURL stock opened at $267.74 on Thursday. 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 business has a fifty day simple moving average of $270.10 and a 200-day simple moving average of $265.00. Burlington Stores, Inc. has a fifty-two week low of $212.92 and a fifty-two week high of $309.00. The stock has a market cap of $16.85 billion, a P/E ratio of 30.77, a P/E/G ratio of 1.71 and a beta of 1.79.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings results on Tuesday, November 25th. The company reported $1.68 earnings per share (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 quarter in the prior year, the firm earned $1.55 earnings per share. The company’s revenue for the quarter 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 forecast that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

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.