Citizens Financial Group Inc. RI Purchases New Position in Burlington Stores, Inc. $BURL

Citizens Financial Group Inc. RI purchased a new stake in Burlington Stores, Inc. (NYSE:BURL) during the second quarter, HoldingsChannel.com reports. The firm purchased 1,892 shares of the company’s stock, valued at approximately $599,000.

Several other large investors have also recently added to or reduced their stakes in BURL. JPL Wealth Management LLC acquired a new stake in shares of Burlington Stores during the third quarter worth approximately $28,000. Harbour Investments Inc. boosted its holdings in shares of Burlington Stores by 44.7% in the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after acquiring an additional 34 shares in the last quarter. Reflection Asset Management acquired a new position in shares of Burlington Stores in the 4th quarter worth approximately $34,000. Larson Financial Group LLC grew its position in Burlington Stores by 180.0% during the 4th quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock worth $36,000 after acquiring an additional 81 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in 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 purchasing an additional 113 shares in the last quarter.

Burlington Stores Stock Up 0.1%

NYSE:BURL opened at $337.41 on Thursday. The stock’s fifty day moving average price is $342.42 and its two-hundred day moving average price is $324.49. Burlington Stores, Inc. has a 52-week low of $240.49 and a 52-week high of $378.33. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.49 and a current ratio of 1.16. The company has a market cap of $21.24 billion, a price-to-earnings ratio of 34.68, a P/E/G ratio of 1.81 and a beta of 1.44.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings data on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. The firm had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same period last year, the company earned $1.60 EPS. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. On average, analysts anticipate that Burlington Stores, Inc. will post 11.74 EPS for the current year.

Insider Activity at Burlington Stores

In related news, CAO Stephen Ferroni sold 2,343 shares of Burlington Stores stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $337.22, for a total value of $790,106.46. Following the completion of the sale, the chief accounting officer directly owned 1,391 shares in the company, valued at $469,073.02. This trade represents a 62.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CMO Jennifer Vecchio sold 20,920 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $341.53, for a total value of $7,144,807.60. Following the sale, the chief marketing officer directly owned 81,017 shares of the company’s stock, valued at $27,669,736.01. This represents a 20.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 30,392 shares of company stock worth $10,280,271 over the last 90 days. Insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Weiss Ratings downgraded Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 23rd. Wells Fargo & Company decreased their target price on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. JPMorgan Chase & Co. lowered their target price on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Barclays upped their price target on shares of Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Finally, Truist Financial increased their price objective on shares of Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Thirteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $371.50.

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.