Hook Mill Capital Partners LP Has $26.24 Million Stock Holdings in Burlington Stores, Inc. $BURL

Hook Mill Capital Partners LP lowered its holdings in Burlington Stores, Inc. (NYSE:BURL) by 43.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 112,810 shares of the company’s stock after selling 87,076 shares during the quarter. Burlington Stores accounts for about 2.6% of Hook Mill Capital Partners LP’s investment portfolio, making the stock its 18th biggest position. Hook Mill Capital Partners LP owned about 0.18% of Burlington Stores worth $26,244,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP raised its stake in 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 acquiring an additional 21,548 shares in the last quarter. Jump Financial LLC acquired a new position in Burlington Stores in the first quarter valued at about $286,000. Raymond James Financial Inc. grew its stake in Burlington Stores by 11.5% during the first quarter. Raymond James Financial Inc. now owns 67,759 shares of the company’s stock worth $16,148,000 after buying an additional 6,965 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Burlington Stores by 1.4% during the second quarter. Charles Schwab Investment Management Inc. now owns 405,256 shares of the company’s stock worth $94,279,000 after buying an additional 5,559 shares in the last quarter. Finally, Quadrant Capital Group LLC raised its stake in shares of Burlington Stores by 23.5% in the second quarter. Quadrant Capital Group LLC now owns 5,660 shares of the company’s stock valued at $1,317,000 after acquiring an additional 1,077 shares during the last quarter.

Insider Buying and Selling at Burlington Stores

In related news, CMO Jennifer Vecchio sold 419 shares of Burlington Stores 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 transaction, the chief marketing officer owned 63,751 shares of the company’s stock, valued at $17,498,374.48. This trade represents a 0.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.10% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently commented on BURL. Telsey Advisory Group restated an “outperform” rating and set a $350.00 price target on shares of Burlington Stores in a research report on Tuesday, November 25th. Bank of America raised their target price on Burlington Stores from $350.00 to $363.00 and gave the company a “buy” rating in a research note on Friday, August 29th. JPMorgan Chase & Co. reduced their price target on shares of Burlington Stores from $346.00 to $316.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 26th. Jefferies Financial Group restated a “buy” rating and issued a $330.00 price objective on shares of Burlington Stores in a research report on Tuesday, November 25th. Finally, Morgan Stanley decreased their price target on shares of Burlington Stores from $330.00 to $310.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Fifteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $336.21.

Burlington Stores Stock Performance

Shares of Burlington Stores stock opened at $265.86 on Friday. The firm has a fifty day moving average of $269.98 and a two-hundred day moving average of $264.12. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.46 and a current ratio of 1.21. The stock has a market capitalization of $16.73 billion, a price-to-earnings ratio of 30.56, a PEG ratio of 1.77 and a beta of 1.79. Burlington Stores, Inc. has a 52 week low of $212.92 and a 52 week high of $309.00.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.09. Burlington Stores had a return on equity of 41.02% and a net margin of 5.01%.The business had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.74 billion. During the same period in the previous year, the firm earned $1.55 earnings per share. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS and its FY 2025 guidance at 9.690-9.890 EPS. As a group, equities research analysts predict that Burlington Stores, Inc. will post 7.93 EPS for the current 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.