Burlington Stores Target of Unusually Large Options Trading (NYSE:BURL)

Burlington Stores, Inc. (NYSE:BURL) was the recipient of some unusual options trading on Monday. Stock investors purchased 4,114 put options on the company. This represents an increase of approximately 73% compared to the average daily volume of 2,384 put options.

Insider Transactions at Burlington Stores

In related news, insider Matthew Pasch sold 3,773 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $317.21, for a total value of $1,196,833.33. Following the sale, the insider directly owned 6,523 shares of the company’s stock, valued at $2,069,160.83. This trade represents a 36.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CMO Jennifer Vecchio sold 20,920 shares of Burlington Stores stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $341.53, for a total transaction of $7,144,807.60. Following the sale, the chief marketing officer owned 81,017 shares of the company’s stock, valued at approximately $27,669,736.01. The trade was a 20.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 30,392 shares of company stock valued at $10,280,271. 1.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Burlington Stores

Large investors have recently added to or reduced their stakes in the business. Bull Harbor Capital LLC purchased a new position in Burlington Stores during the 1st quarter valued at $1,091,000. Geode Capital Management LLC raised its holdings in Burlington Stores by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 1,233,176 shares of the company’s stock worth $355,261,000 after purchasing an additional 27,074 shares in the last quarter. Intech Investment Management LLC lifted its position in shares of Burlington Stores by 35.9% in the 4th quarter. Intech Investment Management LLC now owns 14,345 shares of the company’s stock worth $4,144,000 after purchasing an additional 3,789 shares during the period. Eurizon Capital SGR S.p.A. purchased a new stake in shares of Burlington Stores in the 4th quarter worth about $3,514,000. Finally, GW&K Investment Management LLC boosted its stake in shares of Burlington Stores by 14.6% during the 4th quarter. GW&K Investment Management LLC now owns 341,034 shares of the company’s stock valued at $98,509,000 after purchasing an additional 43,337 shares in the last quarter.

Burlington Stores Price Performance

BURL traded down $6.41 during midday trading on Monday, hitting $341.26. The stock had a trading volume of 94,319 shares, compared to its average volume of 783,343. Burlington Stores 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. The business has a fifty day moving average of $341.53 and a 200 day moving average of $323.50. The company has a market cap of $21.48 billion, a P/E ratio of 35.05, a price-to-earnings-growth ratio of 1.87 and a beta of 1.44.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings results 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 the consensus estimate 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 was up 14.1% compared to the same quarter last year. During the same period last year, the firm posted $1.60 earnings per share. 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 analysts forecast that Burlington Stores will post 11.74 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on BURL shares. Evercore reissued an “outperform” rating and issued a $400.00 price target on shares of Burlington Stores in a report on Monday. UBS Group lifted their price objective on shares of Burlington Stores from $435.00 to $440.00 and gave the stock a “buy” rating in a report on Monday. Morgan Stanley reiterated an “overweight” rating on shares of Burlington Stores in a research report on Thursday, August 6th. Truist Financial increased their target price on Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a research note on Thursday, May 28th. Finally, Weiss Ratings downgraded Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 23rd. Thirteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Burlington Stores presently has an average rating of “Moderate Buy” and an average price target of $371.50.

Burlington Stores Company Profile

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.