Key Points
- Burlington Stores CMO Jennifer Vecchio sold 1,678 shares at an average price of $271.53, generating approximately $455,627. After the transaction, she retained 74,305 shares valued at about $20.2 million.
- Burlington shares opened at $272.21, with a market capitalization of $17.1 billion and a 12-month trading range of $226.85 to $378.33.
- The company exceeded quarterly EPS expectations, reporting $2.96 versus the $2.19 consensus estimate, while revenue rose 11% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $370.75.
Burlington Stores, Inc. (NYSE:BURL - Get Free Report) CMO Jennifer Vecchio sold 1,678 shares of the firm's stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $271.53, for a total value of $455,627.34. Following the sale, the chief marketing officer owned 74,305 shares in the company, valued at $20,176,036.65. The trade was a 2.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Jennifer Vecchio also recently made the following trade(s):
- On Monday, August 3rd, Jennifer Vecchio sold 1,678 shares of Burlington Stores stock. The stock was sold at an average price of $369.04, for a total value of $619,249.12.
Burlington Stores Price Performance
Shares of Burlington Stores stock opened at $272.21 on Tuesday. The firm has a market capitalization of $17.10 billion, a PE ratio of 24.44, a price-to-earnings-growth ratio of 1.67 and a beta of 1.43. The company has a current ratio of 1.17, a quick ratio of 0.47 and a debt-to-equity ratio of 0.95. Burlington Stores, Inc. has a 12 month low of $226.85 and a 12 month high of $378.33. The business's 50-day moving average price is $298.45 and its 200-day moving average price is $315.51.
Burlington Stores (NYSE:BURL - Get Free Report) last issued its earnings results on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.19 by $0.77. The business had revenue of $3 billion during the quarter, compared to analyst estimates of $3.03 billion. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.Burlington Stores's revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.72 earnings per share. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. Sell-side analysts forecast that Burlington Stores, Inc. will post 11.93 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on BURL shares. Morgan Stanley decreased their price objective on Burlington Stores from $438.00 to $432.00 and set an "overweight" rating on the stock in a report on Friday, August 28th. Jefferies Financial Group boosted their price objective on Burlington Stores from $365.00 to $410.00 and gave the company a "buy" rating in a research report on Friday, August 14th. Weiss Ratings lowered shares of Burlington Stores from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday. Sanford C. Bernstein decreased their price objective on shares of Burlington Stores from $365.00 to $355.00 and set an "outperform" rating on the stock in a research report on Friday, August 28th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Burlington Stores from $367.00 to $323.00 and set a "hold" rating for the company in a research note on Friday, August 28th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. Based on data from MarketBeat, Burlington Stores has an average rating of "Moderate Buy" and a consensus price target of $370.75.
View Our Latest Analysis on BURL
Hedge Funds Weigh In On Burlington Stores
Several hedge funds and other institutional investors have recently modified their holdings of the stock. CX Institutional lifted its holdings in Burlington Stores by 182.7% in the third quarter. CX Institutional now owns 212 shares of the company's stock worth $57,000 after buying an additional 137 shares during the period. Andra AP fonden raised its position in shares of Burlington Stores by 959.8% in the 2nd quarter. Andra AP fonden now owns 39,530 shares of the company's stock worth $12,523,000 after acquiring an additional 35,800 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of Burlington Stores by 2.9% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,064 shares of the company's stock valued at $1,287,000 after purchasing an additional 115 shares during the period. Tidal Investments LLC boosted its position in shares of Burlington Stores by 6.4% during the second quarter. Tidal Investments LLC now owns 13,215 shares of the company's stock valued at $4,187,000 after purchasing an additional 800 shares in the last quarter. Finally, National Pension Service grew its stake in Burlington Stores by 114.6% in the second quarter. National Pension Service now owns 10,150 shares of the company's stock worth $3,216,000 after purchasing an additional 5,420 shares during the period.
About Burlington Stores
(
Get Free Report)
Burlington Stores, Inc is an off-price retailer operating under the Burlington brand. The company offers a broad assortment of branded and private-label merchandise at prices generally below those of department stores and specialty retailers.
Its product categories include women's, men's and children's clothing; footwear; accessories; beauty products; home goods; and baby merchandise. Burlington's stores typically feature a continuously changing selection sourced through opportunistic purchasing, allowing the company to offer seasonal and fashion-oriented products across multiple departments.
The company was founded in 1972 as Burlington Coat Factory Warehouse Corporation and initially focused on selling coats and outerwear.
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