Insider Selling: Burlington Stores (NYSE:BURL) CMO Sells 20,920 Shares of Stock

Burlington Stores, Inc. (NYSE:BURL) CMO Jennifer Vecchio sold 20,920 shares of the firm’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 owned 81,017 shares of the company’s stock, valued at $27,669,736.01. The trade was a 20.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Burlington Stores Stock Down 0.9%

NYSE:BURL traded down $2.92 on Tuesday, hitting $333.68. 468,181 shares of the company’s stock traded hands, compared to its average volume of 828,960. The company has a market cap of $21.00 billion, a PE ratio of 34.29, a price-to-earnings-growth ratio of 1.82 and a beta of 1.46. Burlington Stores, Inc. has a 1 year low of $218.52 and a 1 year high of $351.85. The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 1.03. The firm has a 50-day moving average price of $321.55 and a 200-day moving average price of $305.11.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. The business had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The firm’s revenue was up 14.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.60 earnings per share. 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. Equities analysts anticipate that Burlington Stores, Inc. will post 11.71 EPS for the current fiscal year.

Institutional Investors Weigh In On Burlington Stores

Institutional investors and hedge funds have recently modified their holdings of the business. Signaturefd LLC increased its position in Burlington Stores by 4.4% during the fourth quarter. Signaturefd LLC now owns 787 shares of the company’s stock worth $227,000 after buying an additional 33 shares during the last quarter. Harbour Investments Inc. boosted its stake in shares of Burlington Stores by 44.7% during 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. Fifth Third Bancorp increased its holdings in shares of Burlington Stores by 6.4% during the 4th quarter. Fifth Third Bancorp now owns 585 shares of the company’s stock valued at $169,000 after acquiring an additional 35 shares during the last quarter. Vident Advisory LLC increased its holdings in shares of Burlington Stores by 1.1% during the 2nd quarter. Vident Advisory LLC now owns 3,330 shares of the company’s stock valued at $775,000 after acquiring an additional 36 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its stake in shares of Burlington Stores by 17.8% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 251 shares of the company’s stock valued at $73,000 after acquiring an additional 38 shares in the last quarter.

Analysts Set New Price Targets

BURL has been the topic of several research analyst reports. Telsey Advisory Group restated an “outperform” rating and set a $365.00 price target on shares of Burlington Stores in a report on Tuesday, March 31st. Truist Financial boosted their price target on shares of Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a report on Thursday, May 28th. JPMorgan Chase & Co. lowered their price target on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Citigroup upped their target price on Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Finally, Wells Fargo & Company dropped their target price on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Fifteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $353.56.

About Burlington Stores

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.