Travis Marquette Sells 3,759 Shares of Burlington Stores (NYSE:BURL) Stock

Burlington Stores, Inc. (NYSE:BURL) COO Travis Marquette sold 3,759 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the sale, the chief operating officer directly owned 26,350 shares of the company’s stock, valued at approximately $8,636,212.50. This trade represents a 12.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Burlington Stores Price Performance

NYSE:BURL traded up $3.63 during mid-day trading on Wednesday, reaching $328.78. The stock had a trading volume of 727,371 shares, compared to its average volume of 859,107. Burlington Stores, Inc. has a 12 month low of $212.92 and a 12 month high of $332.20. The stock has a market capitalization of $20.61 billion, a PE ratio of 34.54, a P/E/G ratio of 1.93 and a beta of 1.73. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.23 and a quick ratio of 0.65. The stock has a 50-day simple moving average of $304.72 and a two-hundred day simple moving average of $284.73.

Burlington Stores (NYSE:BURL) last released its earnings results on Thursday, March 5th. The company reported $4.99 earnings per share for the quarter, topping the consensus estimate of $4.70 by $0.29. The firm had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $2.77 billion. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The company’s quarterly revenue was up 11.3% on a year-over-year basis. During the same period in the prior year, the company earned $4.07 earnings per share. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. On average, equities analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on BURL shares. Jefferies Financial Group reiterated a “buy” rating and issued a $370.00 target price on shares of Burlington Stores in a research report on Thursday, March 5th. Evercore reissued an “outperform” rating and set a $375.00 price objective on shares of Burlington Stores in a report on Thursday, March 5th. Sanford C. Bernstein set a $350.00 target price on Burlington Stores and gave the stock an “outperform” rating in a report on Tuesday, January 6th. Telsey Advisory Group reiterated an “outperform” rating and issued a $365.00 target price (up from $350.00) on shares of Burlington Stores in a research report on Monday, March 2nd. Finally, Barclays lifted their price target on Burlington Stores from $331.00 to $335.00 and gave the company an “overweight” rating in a research note on Monday, March 2nd. Sixteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $355.44.

Hedge Funds Weigh In On Burlington Stores

A number of hedge funds have recently modified their holdings of BURL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Burlington Stores by 14.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after buying an additional 38 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in Burlington Stores by 1,604.7% in the first quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock valued at $345,000 after buying an additional 1,364 shares during the period. Swiss National Bank boosted its holdings in shares of Burlington Stores by 6.8% during the 2nd quarter. Swiss National Bank now owns 191,100 shares of the company’s stock worth $44,458,000 after buying an additional 12,100 shares in the last quarter. Magnetar Financial LLC bought a new position in shares of Burlington Stores during the 2nd quarter worth approximately $328,000. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Burlington Stores by 1.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 405,256 shares of the company’s stock worth $94,279,000 after buying an additional 5,559 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.