SG Americas Securities LLC Decreases Position in Burlington Stores, Inc. $BURL

SG Americas Securities LLC decreased its position in shares of Burlington Stores, Inc. (NYSE:BURL) by 66.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,267 shares of the company’s stock after selling 12,692 shares during the period. SG Americas Securities LLC’s holdings in Burlington Stores were worth $1,595,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of BURL. Mather Group LLC. acquired a new stake in shares of Burlington Stores in the third quarter valued at approximately $36,000. Geneos Wealth Management Inc. lifted its position in shares of Burlington Stores by 235.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after acquiring an additional 113 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Burlington Stores by 250.9% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 186 shares of the company’s stock worth $43,000 after purchasing an additional 133 shares during the period. Farther Finance Advisors LLC boosted its stake in Burlington Stores by 362.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 222 shares of the company’s stock worth $52,000 after purchasing an additional 174 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Burlington Stores by 14.4% during the first 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 in the last quarter.

Burlington Stores Price Performance

BURL opened at $306.62 on Friday. The company has a quick ratio of 0.46, a current ratio of 1.21 and a debt-to-equity ratio of 1.32. The stock has a market cap of $19.30 billion, a P/E ratio of 35.24, a P/E/G ratio of 1.87 and a beta of 1.74. The company has a fifty day simple moving average of $280.11 and a 200 day simple moving average of $273.69. Burlington Stores, Inc. has a 12 month low of $212.92 and a 12 month high of $315.14.

Burlington Stores (NYSE:BURL) last released its earnings results on Tuesday, November 25th. The company reported $1.68 earnings per share 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 business had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter last year, the firm earned $1.55 earnings per share. The firm’s revenue for the quarter 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, research analysts expect that Burlington Stores, Inc. will post 7.93 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Gordon Haskett cut shares of Burlington Stores from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 5th. Sanford C. Bernstein set a $350.00 target price on Burlington Stores and gave the company an “outperform” rating in a report on Tuesday, January 6th. Citigroup reduced their price objective on shares of Burlington Stores from $358.00 to $351.00 and set a “buy” rating for the company in a research note on Monday, November 3rd. Morgan Stanley decreased their price target on shares of Burlington Stores from $330.00 to $310.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Finally, Evercore ISI decreased their price target on shares of Burlington Stores from $370.00 to $335.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 26th. Sixteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Burlington Stores presently has a consensus rating of “Moderate Buy” and a consensus price target of $335.94.

Insider Buying and Selling at Burlington Stores

In other news, CMO Jennifer Vecchio sold 419 shares of the business’s stock in a transaction dated 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.10% of the company’s stock.

Burlington Stores 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.