Jennifer Vecchio Sells 20,920 Shares of Burlington Stores (NYSE:BURL) Stock

Burlington Stores, Inc. (NYSE:BURLGet Free Report) CMO Jennifer Vecchio sold 20,920 shares of Burlington Stores stock in a transaction on Friday, June 12th. The shares were 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 owned 81,017 shares in the company, valued at $27,669,736.01. This represents a 20.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Burlington Stores Trading Down 0.6%

Shares of NYSE:BURL opened at $331.79 on Thursday. Burlington Stores, Inc. has a 12-month low of $218.52 and a 12-month high of $351.85. The business’s fifty day simple moving average is $321.52 and its 200-day simple moving average is $306.13. The company has a market capitalization of $20.88 billion, a PE ratio of 34.10, a P/E/G ratio of 1.80 and a beta of 1.46. The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 1.03.

Burlington Stores (NYSE:BURLGet Free Report) last announced its quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same period last year, the business posted $1.60 EPS. The business’s revenue was up 14.1% compared to the same quarter last year. 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 predict that Burlington Stores, Inc. will post 11.71 earnings per share for the current fiscal year.

Institutional Trading of Burlington Stores

Institutional investors have recently made changes to their positions in the business. Stone House Investment Management LLC acquired a new stake in shares of Burlington Stores in the 4th quarter worth $25,000. JPL Wealth Management LLC acquired a new stake in shares of Burlington Stores in the 3rd quarter worth $28,000. Harbour Investments Inc. boosted its position in shares of Burlington Stores by 44.7% in the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after purchasing an additional 34 shares in the last quarter. Reflection Asset Management acquired a new stake in Burlington Stores during the 4th quarter worth about $34,000. Finally, Larson Financial Group LLC lifted its position in Burlington Stores by 180.0% during the 4th quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock worth $36,000 after acquiring an additional 81 shares during the period.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on BURL. Robert W. Baird lifted their price target on Burlington Stores from $345.00 to $375.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Telsey Advisory Group reiterated an “outperform” rating and issued a $365.00 price target on shares of Burlington Stores in a report on Tuesday, March 31st. Weiss Ratings upgraded Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Evercore reissued an “outperform” rating and issued a $375.00 price objective on shares of Burlington Stores in a research report on Thursday, March 5th. Finally, Wall Street Zen raised Burlington Stores from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. Fifteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $353.56.

Read Our Latest Stock Report on BURL

About Burlington Stores

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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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