Burlington Stores (NYSE:BURL) CMO Jennifer Vecchio Sells 1,678 Shares of Stock

Burlington Stores, Inc. (NYSE:BURL) CMO Jennifer Vecchio sold 1,678 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $369.04, for a total transaction of $619,249.12. Following the completion of the sale, the chief marketing officer owned 77,661 shares in the company, valued at approximately $28,660,015.44. This trade represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Jennifer Vecchio also recently made the following trade(s):

• On Wednesday, July 1st, Jennifer Vecchio sold 1,678 shares of Burlington Stores stock. The stock was sold at an average price of $315.42, for a total transaction of $529,274.76.
• On Friday, June 12th, Jennifer Vecchio sold 20,920 shares of Burlington Stores stock. The shares were sold at an average price of $341.53, for a total transaction of $7,144,807.60.

Burlington Stores Price Performance

Burlington Stores stock opened at $370.55 on Thursday. The company’s 50 day simple moving average is $335.57 and its 200-day simple moving average is $320.63. The company has a market capitalization of $23.32 billion, a price-to-earnings ratio of 38.08, a price-to-earnings-growth ratio of 1.98 and a beta of 1.44. Burlington Stores, Inc. has a 1 year low of $240.49 and a 1 year high of $378.33. 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) last issued its quarterly earnings data on Thursday, May 28th. The company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.80 by $0.21. The firm had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same period in the prior year, the business posted $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 expect that Burlington Stores, Inc. will post 11.71 earnings per share for the current year.

Hedge Funds Weigh In On Burlington Stores

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bull Harbor Capital LLC purchased a new stake in Burlington Stores during the 1st quarter worth about $1,091,000. 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 valued at $320,806,000 after buying an additional 165,078 shares during the period. Geode Capital Management LLC boosted its stake in shares of Burlington Stores by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 1,233,176 shares of the company’s stock valued at $355,261,000 after buying an additional 27,074 shares during the period. Intech Investment Management LLC grew its position in shares of Burlington Stores by 35.9% during the fourth quarter. Intech Investment Management LLC now owns 14,345 shares of the company’s stock worth $4,144,000 after buying an additional 3,789 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new position in shares of Burlington Stores during the fourth quarter worth about $3,514,000.

Wall Street Analyst Weigh In

Several research analysts have recently commented on BURL shares. Citigroup lowered Burlington Stores from a “buy” rating to a “neutral” rating and set a $380.00 price target for the company. in a research report on Wednesday. UBS Group reiterated a “buy” rating and issued a $435.00 price objective on shares of Burlington Stores in a report on Friday, May 29th. Truist Financial increased their target price on Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. Wells Fargo & Company lowered their target price on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Finally, Bank of America lifted their target price on Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Thirteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Burlington Stores has an average rating of “Moderate Buy” and a consensus target price of $361.56.

About Burlington Stores

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.