Precision Wealth Strategies LLC Sells 51 Shares of Burlington Stores, Inc. $BURL

Precision Wealth Strategies LLC trimmed its position in shares of Burlington Stores, Inc. (NYSE:BURL) by 3.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,595 shares of the company’s stock after selling 51 shares during the period. Precision Wealth Strategies LLC’s holdings in Burlington Stores were worth $371,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Burlington Stores by 3.4% during the first quarter. Vanguard Group Inc. now owns 6,603,257 shares of the company’s stock valued at $1,573,754,000 after purchasing an additional 219,124 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in Burlington Stores by 0.6% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 961,560 shares of the company’s stock valued at $229,169,000 after buying an additional 5,912 shares during the period. American Century Companies Inc. raised its stake in shares of Burlington Stores by 4.0% in the 1st quarter. American Century Companies Inc. now owns 736,686 shares of the company’s stock valued at $175,574,000 after buying an additional 28,566 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Burlington Stores by 3.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 689,831 shares of the company’s stock valued at $164,393,000 after buying an additional 21,548 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Burlington Stores by 0.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 675,671 shares of the company’s stock worth $161,033,000 after acquiring an additional 3,672 shares during the period.

Insider Buying and Selling

In other Burlington Stores news, CAO Stephen Ferroni sold 1,123 shares of the stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total transaction of $315,843.75. Following the sale, the chief accounting officer owned 2,389 shares of the company’s stock, valued at $671,906.25. This represents a 31.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.10% of the stock is currently owned by corporate insiders.

Burlington Stores Stock Down 0.6%

Shares of BURL opened at $252.91 on Thursday. The company has a market capitalization of $15.94 billion, a P/E ratio of 29.86, a PEG ratio of 1.90 and a beta of 1.74. Burlington Stores, Inc. has a one year low of $212.92 and a one year high of $309.00. The business’s 50 day simple moving average is $276.48 and its 200-day simple moving average is $253.21. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.23 and a quick ratio of 0.55.

Burlington Stores (NYSE:BURL) last issued 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 during the quarter, compared to the consensus estimate of $2.64 billion. Burlington Stores had a return on equity of 42.74% and a net margin of 4.96%.The business’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.24 EPS. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. As a group, sell-side analysts predict that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

BURL has been the topic of a number of analyst reports. Wells Fargo & Company upped their target price on shares of Burlington Stores from $300.00 to $330.00 and gave the company an “overweight” rating in a research note on Thursday, August 28th. Telsey Advisory Group reiterated an “outperform” rating and issued a $350.00 price objective (up from $300.00) on shares of Burlington Stores in a research note on Thursday, August 28th. JPMorgan Chase & Co. increased their target price on Burlington Stores from $280.00 to $338.00 and gave the stock an “overweight” rating in a report on Monday, July 28th. UBS Group boosted their price target on Burlington Stores from $390.00 to $430.00 and gave the company a “buy” rating in a research note on Friday, August 29th. Finally, Jefferies Financial Group upped their price target on Burlington Stores from $300.00 to $350.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Fourteen equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Burlington Stores currently has a consensus rating of “Buy” and an average target price of $344.29.

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.