Key Points
- CAO Stephen Ferroni sold 2,343 shares of Burlington Stores at an average price of $337.22, totaling about $790,106. After the transaction, he retained 1,391 shares, cutting his stake by 62.75%.
- Burlington Stores reported stronger-than-expected quarterly results, with EPS of $2.01 versus the $1.80 consensus and revenue of $2.86 billion, up 14.1% year over year. The company also raised guidance for Q2 2026 and full-year 2026.
- Analysts remain generally positive on BURL, with 15 Buy ratings and 5 Hold ratings and an average price target of $353.56. Recent reports included a Wall Street Zen upgrade to Buy, though some firms trimmed their targets slightly.
Burlington Stores, Inc. (NYSE:BURL - Get Free Report) CAO Stephen Ferroni sold 2,343 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction of $790,106.46. Following the completion of the sale, the chief accounting officer owned 1,391 shares of the company's stock, valued at approximately $469,073.02. This represents a 62.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Burlington Stores Stock Performance
Shares of BURL stock opened at $336.41 on Tuesday. The firm has a 50-day moving average of $321.55 and a 200-day moving average of $305.11. The company has a market cap of $21.17 billion, a P/E ratio of 34.57, a P/E/G ratio of 1.82 and a beta of 1.46. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49. Burlington Stores, Inc. has a one year low of $218.52 and a one year high of $351.85.
Burlington Stores (NYSE:BURL - Get Free Report) last announced its earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.80 by $0.21. The company had revenue of $2.86 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $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 research analysts forecast that Burlington Stores, Inc. will post 11.71 EPS for the current fiscal year.
Wall Street Analyst Weigh In
BURL has been the subject of several research reports. Wall Street Zen upgraded shares of Burlington Stores from a "hold" rating to a "buy" rating in a research report on Saturday, May 30th. Wells Fargo & Company reduced their price target on shares of Burlington Stores from $400.00 to $375.00 and set an "overweight" rating for the company in a research report on Friday, May 29th. Telsey Advisory Group restated an "outperform" rating and set a $365.00 price target on shares of Burlington Stores in a research report on Tuesday, March 31st. Truist Financial increased their price target on shares of Burlington Stores from $305.00 to $310.00 and gave the company a "hold" rating in a research report on Thursday, May 28th. Finally, Evercore restated an "outperform" rating and set a $375.00 price target on shares of Burlington Stores in a research report on Thursday, March 5th. Fifteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Burlington Stores currently has an average rating of "Moderate Buy" and an average target price of $353.56.
Check Out Our Latest Stock Report on Burlington Stores
Hedge Funds Weigh In On Burlington Stores
Several institutional investors have recently added to or reduced their stakes in BURL. Pine Valley Investments Ltd Liability Co bought a new position in Burlington Stores during the first quarter worth about $214,000. DV Trading LLC bought a new position in Burlington Stores during the first quarter worth about $247,000. NewEdge Advisors LLC boosted its position in Burlington Stores by 63.7% during the first quarter. NewEdge Advisors LLC now owns 1,648 shares of the company's stock worth $536,000 after purchasing an additional 641 shares during the period. Caerus Investment Advisors LLC bought a new position in Burlington Stores during the first quarter worth about $338,000. Finally, Essential Partners LLC boosted its position in Burlington Stores by 142.3% during the first quarter. Essential Partners LLC now owns 751 shares of the company's stock worth $244,000 after purchasing an additional 441 shares during the period.
About Burlington Stores
(
Get Free Report)
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.
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