Vaughan Nelson Investment Management L.P. Sells 33,605 Shares of Burlington Stores, Inc. $BURL

Vaughan Nelson Investment Management L.P. cut its holdings in Burlington Stores, Inc. (NYSE:BURL) by 12.1% during the third quarter, Holdings Channel reports. The institutional investor owned 243,004 shares of the company’s stock after selling 33,605 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in Burlington Stores were worth $61,845,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Chicago Capital LLC lifted its position in Burlington Stores by 25.3% during the 3rd quarter. Chicago Capital LLC now owns 180,318 shares of the company’s stock valued at $45,891,000 after acquiring an additional 36,423 shares during the period. Asset Management One Co. Ltd. increased its stake in shares of Burlington Stores by 1.4% during the third quarter. Asset Management One Co. Ltd. now owns 24,332 shares of the company’s stock valued at $6,192,000 after purchasing an additional 339 shares in the last quarter. Daner Wealth Management LLC lifted its holdings in shares of Burlington Stores by 22.9% during the third quarter. Daner Wealth Management LLC now owns 1,004 shares of the company’s stock valued at $276,000 after purchasing an additional 187 shares during the last quarter. Mather Group LLC. bought a new stake in shares of Burlington Stores in the 3rd quarter worth approximately $36,000. Finally, Pacer Advisors Inc. boosted its position in shares of Burlington Stores by 414,000.0% in the 3rd quarter. Pacer Advisors Inc. now owns 8,282 shares of the company’s stock worth $2,108,000 after purchasing an additional 8,280 shares in the last quarter.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. JPMorgan Chase & Co. reduced their price objective on Burlington Stores from $346.00 to $316.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Cowen reissued a “buy” rating on shares of Burlington Stores in a research note on Wednesday, November 26th. Wells Fargo & Company lowered their price target on Burlington Stores from $330.00 to $315.00 and set an “overweight” rating for the company in a research report on Monday, October 27th. Citigroup cut their price objective on shares of Burlington Stores from $358.00 to $351.00 and set a “buy” rating on the stock in a research report on Monday, November 3rd. Finally, The Goldman Sachs Group set a $331.00 price objective on shares of Burlington Stores in a research note on Wednesday, November 26th. Sixteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $337.13.

Insider Transactions at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 419 shares of Burlington Stores stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $274.48, for a total value of $115,007.12. Following the completion of the sale, the chief marketing officer owned 63,751 shares of the company’s stock, valued at approximately $17,498,374.48. The trade was a 0.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.10% of the company’s stock.

Burlington Stores Price Performance

Shares of NYSE:BURL opened at $312.07 on Wednesday. Burlington Stores, Inc. has a fifty-two week low of $212.92 and a fifty-two week high of $315.14. The business has a 50-day simple moving average of $275.58 and a two-hundred day simple moving average of $270.46. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.46 and a current ratio of 1.21. The firm has a market cap of $19.64 billion, a price-to-earnings ratio of 35.87, a price-to-earnings-growth ratio of 2.00 and a beta of 1.74.

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 analysts’ consensus estimates of $1.59 by $0.09. Burlington Stores had a net margin of 5.01% and a return on equity of 41.02%. The firm had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter last year, the firm posted $1.55 EPS. The business’s quarterly revenue 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 expect that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Burlington Stores Company Profile

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.