Key Points
- Burlington Stores CMO Jennifer Vecchio sold 20,920 shares on June 12 for about $7.14 million at an average price of $341.53. After the sale, she still held 81,017 shares, a 20.52% reduction in her position.
- The company recently posted stronger-than-expected quarterly results, with EPS of $2.01 versus $1.80 expected and revenue of $2.86 billion versus $2.80 billion forecast. Revenue rose 14.1% year over year, and Burlington raised its Q2 and full-year 2026 guidance.
- Wall Street sentiment remains generally positive, with 15 analysts rating the stock a Buy and five a Hold. The consensus rating is Moderate Buy, with an average price target of $353.56.
Burlington Stores, Inc. (NYSE:BURL - Get Free Report) CMO Jennifer Vecchio sold 20,920 shares of the stock in a transaction that occurred on 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 completion of the transaction, 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 position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Burlington Stores Stock Down 0.9%
Shares of NYSE:BURL opened at $333.68 on Wednesday. Burlington Stores, Inc. has a 52-week low of $218.52 and a 52-week high of $351.85. The firm has a market capitalization of $21.00 billion, a P/E ratio of 34.29, a P/E/G ratio of 1.81 and a beta of 1.46. The stock has a 50 day moving average price of $321.64 and a 200-day moving average price of $305.63. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.49 and a current ratio of 1.16.
Burlington Stores (NYSE:BURL - Get Free Report) last announced its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.21. The firm had revenue of $2.86 billion during 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 revenue was up 14.1% compared to the same quarter last year. During the same quarter in the prior 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. As a group, equities research analysts anticipate that Burlington Stores, Inc. will post 11.71 EPS for the current fiscal year.
Wall Street Analyst Weigh In
BURL has been the topic of several recent research reports. Wall Street Zen upgraded Burlington Stores from a "hold" rating to a "buy" rating in a research note on Saturday, May 30th. Wells Fargo & Company cut their price target on Burlington Stores from $400.00 to $375.00 and set an "overweight" rating on the stock in a research note on Friday, May 29th. Truist Financial upped their price target on Burlington Stores from $305.00 to $310.00 and gave the stock a "hold" rating in a research note on Thursday, May 28th. Evercore restated an "outperform" rating and issued a $375.00 price target on shares of Burlington Stores in a research note on Thursday, March 5th. Finally, Telsey Advisory Group restated an "outperform" rating and issued a $365.00 price target on shares of Burlington Stores in a research note on Tuesday, March 31st. Fifteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $353.56.
Read Our Latest Stock Report on Burlington Stores
Institutional Trading of Burlington Stores
Institutional investors have recently added to or reduced their stakes in the business. Hudson Bay Capital Management LP purchased a new stake in Burlington Stores during the 3rd quarter valued at $4,142,000. Vanguard Group Inc. boosted its stake in shares of Burlington Stores by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company's stock worth $1,726,070,000 after buying an additional 232,358 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Burlington Stores by 17.5% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,110,632 shares of the company's stock worth $320,806,000 after buying an additional 165,078 shares during the last quarter. Alkeon Capital Management LLC boosted its stake in shares of Burlington Stores by 50.0% in the 3rd quarter. Alkeon Capital Management LLC now owns 525,000 shares of the company's stock worth $133,612,000 after buying an additional 175,000 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Burlington Stores by 82.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 23,157 shares of the company's stock worth $6,689,000 after buying an additional 10,492 shares during the last quarter.
Burlington Stores Company Profile
(
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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