Savoir Faire Capital Management L.P. Sells 39,909 Shares of Burlington Stores, Inc. $BURL

Savoir Faire Capital Management L.P. lessened its stake in shares of Burlington Stores, Inc. (NYSE:BURL) by 77.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 11,829 shares of the company’s stock after selling 39,909 shares during the period. Savoir Faire Capital Management L.P.’s holdings in Burlington Stores were worth $3,010,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. SRS Investment Management LLC lifted its stake in shares of Burlington Stores by 15.9% in the 2nd quarter. SRS Investment Management LLC now owns 1,472,137 shares of the company’s stock valued at $342,478,000 after acquiring an additional 201,716 shares during the last quarter. Geode Capital Management LLC increased its holdings in Burlington Stores by 2.3% in the 2nd quarter. Geode Capital Management LLC now owns 1,176,469 shares of the company’s stock worth $272,894,000 after purchasing an additional 26,866 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in Burlington Stores by 6.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 945,554 shares of the company’s stock valued at $240,643,000 after purchasing an additional 59,587 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Burlington Stores by 4.2% during the second quarter. American Century Companies Inc. now owns 767,436 shares of the company’s stock valued at $178,536,000 after purchasing an additional 30,750 shares in the last quarter. Finally, Dorsal Capital Management LP boosted its stake in shares of Burlington Stores by 7.1% during the second quarter. Dorsal Capital Management LP now owns 750,000 shares of the company’s stock valued at $174,480,000 after purchasing an additional 50,000 shares in the last quarter.

Burlington Stores Stock Performance

NYSE:BURL opened at $298.10 on Monday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.46 and a current ratio of 1.21. Burlington Stores, Inc. has a fifty-two week low of $212.92 and a fifty-two week high of $315.14. The firm has a market cap of $18.76 billion, a PE ratio of 34.26, a price-to-earnings-growth ratio of 1.83 and a beta of 1.74. The business has a 50 day moving average price of $282.61 and a 200-day moving average price of $276.59.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings results on Tuesday, November 25th. The company reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.09. The company had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.74 billion. Burlington Stores had a net margin of 5.01% and a return on equity of 41.02%. The firm’s revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.55 EPS. 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. Equities research analysts predict that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Insider Buying and Selling at Burlington Stores

In related news, CMO Jennifer Vecchio sold 419 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $274.48, for a total value of $115,007.12. Following the sale, the chief marketing officer directly owned 63,751 shares of the company’s stock, valued at $17,498,374.48. This trade represents a 0.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. UBS Group restated a “buy” rating on shares of Burlington Stores in a research report on Monday, November 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Burlington Stores in a report on Wednesday. Morgan Stanley reduced their target price on shares of Burlington Stores from $330.00 to $310.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Guggenheim assumed coverage on Burlington Stores in a research note on Tuesday, December 9th. They set a “neutral” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Burlington Stores in a research report on Thursday, January 8th. They set a “hold” rating and a $318.00 target price for the company. Fifteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $335.94.

Burlington Stores 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.