Ensign Peak Advisors Inc Has $5.92 Million Stock Holdings in Burlington Stores, Inc. $BURL

Ensign Peak Advisors Inc trimmed its stake in shares of Burlington Stores, Inc. (NYSE:BURL) by 16.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,437 shares of the company’s stock after selling 5,001 shares during the quarter. Ensign Peak Advisors Inc’s holdings in Burlington Stores were worth $5,918,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of BURL. Alkeon Capital Management LLC bought a new position in shares of Burlington Stores during the 1st quarter worth approximately $71,499,000. Vaughan Nelson Investment Management L.P. acquired a new position in Burlington Stores during the second quarter worth $64,350,000. Interval Partners LP lifted its holdings in shares of Burlington Stores by 667.5% during the first quarter. Interval Partners LP now owns 307,479 shares of the company’s stock valued at $73,281,000 after acquiring an additional 267,419 shares during the period. Vanguard Group Inc. boosted its stake in shares of Burlington Stores by 3.4% in the 1st quarter. Vanguard Group Inc. now owns 6,603,257 shares of the company’s stock valued at $1,573,754,000 after purchasing an additional 219,124 shares in the last quarter. Finally, 1832 Asset Management L.P. grew its holdings in shares of Burlington Stores by 68.2% in the 1st quarter. 1832 Asset Management L.P. now owns 481,260 shares of the company’s stock worth $114,699,000 after purchasing an additional 195,160 shares during the last quarter.

Burlington Stores Stock Down 3.9%

NYSE:BURL opened at $284.96 on Tuesday. The company has a market cap of $17.96 billion, a price-to-earnings ratio of 33.64, a P/E/G ratio of 2.22 and a beta of 1.74. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.55 and a current ratio of 1.23. The stock’s fifty day moving average price is $270.51 and its two-hundred day moving average price is $264.05. Burlington Stores, Inc. has a 52-week low of $212.92 and a 52-week high of $309.00.

Burlington Stores (NYSE:BURL) last released its earnings results on Thursday, August 28th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.27 by $0.32. Burlington Stores had a return on equity of 42.74% and a net margin of 4.96%.The company had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.64 billion. During the same period last year, the firm earned $1.24 EPS. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. 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, analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current year.

Insider Activity

In related news, CAO Stephen Ferroni sold 1,123 shares of the business’s stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $281.25, for a total transaction 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. The trade was a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CMO Jennifer Vecchio sold 419 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $274.48, for a total transaction of $115,007.12. Following the completion of the transaction, the chief marketing officer owned 63,751 shares in the company, valued at $17,498,374.48. This represents a 0.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,626 shares of company stock valued at $452,804 over the last three months. Company insiders own 1.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on BURL. BTIG Research initiated coverage on shares of Burlington Stores in a report on Tuesday, October 14th. They set a “neutral” rating for the company. Telsey Advisory Group reiterated an “outperform” rating and issued a $350.00 target price on shares of Burlington Stores in a research note on Tuesday, November 18th. UBS Group reissued a “buy” rating on shares of Burlington Stores in a report on Monday, November 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Burlington Stores in a report on Wednesday, October 8th. Finally, Jefferies Financial Group lifted their price objective on Burlington Stores from $300.00 to $350.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Fourteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $344.14.

Burlington Stores Company 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.