SG Americas Securities LLC Purchases 13,312 Shares of Burlington Stores, Inc. $BURL

SG Americas Securities LLC boosted its position in shares of Burlington Stores, Inc. (NYSE:BURL) by 235.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,959 shares of the company’s stock after acquiring an additional 13,312 shares during the period. SG Americas Securities LLC’s holdings in Burlington Stores were worth $4,411,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Dimensional Fund Advisors LP lifted its stake 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 worth $164,393,000 after buying an additional 21,548 shares during the period. Jump Financial LLC purchased a new position in Burlington Stores in the 1st quarter worth $286,000. Raymond James Financial Inc. lifted its position in Burlington Stores by 11.5% during the 1st quarter. Raymond James Financial Inc. now owns 67,759 shares of the company’s stock worth $16,148,000 after acquiring an additional 6,965 shares during the period. Ieq Capital LLC grew its stake in Burlington Stores by 33.4% during the 1st quarter. Ieq Capital LLC now owns 4,468 shares of the company’s stock valued at $1,065,000 after purchasing an additional 1,119 shares during the last quarter. Finally, Interval Partners LP increased its holdings in shares of Burlington Stores by 667.5% in the first quarter. Interval Partners LP now owns 307,479 shares of the company’s stock valued at $73,281,000 after purchasing an additional 267,419 shares during the period.

Insiders Place Their Bets

In other news, CAO Stephen Ferroni sold 1,123 shares of the business’s 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 completion of the sale, the chief accounting officer owned 2,389 shares of the company’s stock, valued at $671,906.25. The trade was a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CMO Jennifer Vecchio sold 419 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $274.48, for a total transaction of $115,007.12. Following the transaction, the chief marketing officer owned 63,751 shares of the company’s stock, valued at approximately $17,498,374.48. This trade represents a 0.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,626 shares of company stock valued at $452,804 over the last 90 days. 1.10% of the stock is currently owned by company insiders.

Analyst Ratings Changes

BURL has been the subject of a number of research reports. Barclays lifted their target price on Burlington Stores from $299.00 to $336.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Jefferies Financial Group upped their price objective on shares of Burlington Stores from $300.00 to $350.00 and gave the company a “buy” rating in a report on Friday, August 29th. UBS Group reiterated a “buy” rating on shares of Burlington Stores in a research note on Monday. BTIG Research initiated coverage on shares of Burlington Stores in a research report on Tuesday, October 14th. They set a “neutral” rating for the company. Finally, Evercore ISI upped 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 analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Burlington Stores has an average rating of “Moderate Buy” and a consensus price target of $344.14.

Burlington Stores Stock Down 1.7%

BURL stock opened at $274.96 on Tuesday. Burlington Stores, Inc. has a one year low of $212.92 and a one year high of $309.00. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.55 and a current ratio of 1.23. The firm’s fifty day moving average is $269.69 and its 200 day moving average is $262.54. The firm has a market cap of $17.33 billion, a PE ratio of 32.46, a P/E/G ratio of 2.10 and a beta of 1.74.

Burlington Stores (NYSE:BURL) last posted its earnings results on Thursday, August 28th. The company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.32. Burlington Stores had a net margin of 4.96% and a return on equity of 42.74%. The business had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same period in the prior year, the company posted $1.24 EPS. The company’s revenue for the quarter was up 9.7% on a year-over-year basis. 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, research analysts forecast that Burlington Stores, Inc. will post 7.93 EPS for the current 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.