Amalgamated Bank Raises Stock Holdings in Burlington Stores, Inc. $BURL

Amalgamated Bank grew its stake in Burlington Stores, Inc. (NYSE:BURL) by 1.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,400 shares of the company’s stock after buying an additional 327 shares during the quarter. Amalgamated Bank’s holdings in Burlington Stores were worth $7,072,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. grew its position in shares of Burlington Stores by 3.4% during the first quarter. Vanguard Group Inc. now owns 6,603,257 shares of the company’s stock worth $1,573,754,000 after purchasing an additional 219,124 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Burlington Stores by 0.6% during the first quarter. Massachusetts Financial Services Co. MA now owns 961,560 shares of the company’s stock worth $229,169,000 after purchasing an additional 5,912 shares in the last quarter. American Century Companies Inc. grew its position in shares of Burlington Stores by 4.0% during the first quarter. American Century Companies Inc. now owns 736,686 shares of the company’s stock worth $175,574,000 after purchasing an additional 28,566 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Burlington Stores by 3.2% during the first quarter. Dimensional Fund Advisors LP now owns 689,831 shares of the company’s stock worth $164,393,000 after purchasing an additional 21,548 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Burlington Stores by 0.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 675,671 shares of the company’s stock worth $161,033,000 after purchasing an additional 3,672 shares in the last quarter.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. JPMorgan Chase & Co. increased their target price on Burlington Stores from $280.00 to $338.00 and gave the stock an “overweight” rating in a research report on Monday, July 28th. BTIG Research assumed coverage on Burlington Stores in a research report on Tuesday, October 14th. They set a “neutral” rating for the company. Telsey Advisory Group reiterated an “outperform” rating and set a $350.00 target price (up previously from $300.00) on shares of Burlington Stores in a research report on Thursday, August 28th. Wells Fargo & Company cut their price target on Burlington Stores from $330.00 to $315.00 and set an “overweight” rating for the company in a report on Monday. Finally, Morgan Stanley raised their price target on Burlington Stores from $309.00 to $328.00 and gave the company an “overweight” rating in a report on Friday, August 29th. Fourteen research analysts have rated the stock with a Buy rating and two 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 $343.21.

Insider Activity

In other news, CAO Stephen Ferroni sold 1,123 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $281.25, for a total value of $315,843.75. Following the completion of the sale, the chief accounting officer directly owned 2,389 shares of the company’s stock, valued at $671,906.25. This trade represents a 31.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.10% of the stock is owned by insiders.

Burlington Stores Stock Performance

NYSE BURL opened at $273.31 on Friday. The stock has a market capitalization of $17.23 billion, a PE ratio of 32.27, a P/E/G ratio of 2.04 and a beta of 1.74. Burlington Stores, Inc. has a 1-year low of $212.92 and a 1-year high of $309.00. The business has a 50 day simple moving average of $272.02 and a two-hundred day simple moving average of $257.85. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.23 and a quick ratio of 0.55.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings data on Thursday, August 28th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.32. The business had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.64 billion. Burlington Stores had a return on equity of 42.74% and a net margin of 4.96%.The company’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period last year, the company earned $1.24 EPS. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. On average, research analysts predict that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Burlington Stores Profile

Burlington Stores, Inc operates as a retailer of branded merchandise in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products.