Stephen Ferroni Sells 2,343 Shares of Burlington Stores (NYSE:BURL) Stock

Burlington Stores, Inc. (NYSE:BURL) CAO Stephen Ferroni sold 2,343 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $337.22, for a total transaction of $790,106.46. Following the completion of the transaction, the chief accounting officer directly owned 1,391 shares of the company’s stock, valued at approximately $469,073.02. This represents a 62.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Burlington Stores Price Performance

Shares of Burlington Stores stock opened at $333.68 on Wednesday. Burlington Stores, Inc. has a 52-week low of $218.52 and a 52-week high of $351.85. The stock has a market capitalization of $21.00 billion, a price-to-earnings ratio of 34.29, a price-to-earnings-growth ratio of 1.81 and a beta of 1.46. The company has a fifty day moving average of $321.64 and a 200-day moving average of $305.63. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.49 and a current ratio of 1.16.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings data on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The company had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.80 billion. During the same quarter in the prior year, the company earned $1.60 EPS. The firm’s revenue was up 14.1% on a year-over-year basis. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. Equities research analysts expect that Burlington Stores, Inc. will post 11.71 EPS for the current year.

Analysts Set New Price Targets

BURL has been the subject of several analyst reports. Robert W. Baird increased their price target on shares of Burlington Stores from $345.00 to $375.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. UBS Group reiterated a “buy” rating and issued a $435.00 price target on shares of Burlington Stores in a research note on Friday, May 29th. JPMorgan Chase & Co. reduced their price objective on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Barclays raised their price objective on shares of Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Finally, Evercore reaffirmed an “outperform” rating and set a $375.00 price target on shares of Burlington Stores in a report on Thursday, March 5th. Fifteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $353.56.

Institutional Investors Weigh In On Burlington Stores

Several institutional investors and hedge funds have recently modified their holdings of the stock. Stone House Investment Management LLC bought a new stake in Burlington Stores in the fourth quarter worth $25,000. Harbour Investments Inc. boosted its stake in Burlington Stores by 44.7% during the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after buying an additional 34 shares during the period. JPL Wealth Management LLC purchased a new stake in shares of Burlington Stores during the third quarter valued at $28,000. Reflection Asset Management purchased a new stake in shares of Burlington Stores during the fourth quarter valued at $34,000. Finally, Larson Financial Group LLC boosted its stake in shares of Burlington Stores by 180.0% during the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock valued at $36,000 after purchasing an additional 81 shares during the period.

About Burlington Stores

Burlington Stores, Inc is an American off-price retailer that sells apparel and home goods at discounted prices. The company’s merchandise assortment includes clothing for women, men and children, plus baby products, footwear, accessories, beauty items, toys and home décor. Burlington’s merchandising strategy focuses on offering branded and private-label goods at lower prices than traditional department stores by sourcing excess inventory, closeouts and opportunistic buys from manufacturers and other retailers.

The business traces its roots to the Burlington Coat Factory name established in the early 1970s and has since evolved into a broader off-price retailer that carries a wide range of seasonal and everyday merchandise.