Burlington Stores, Inc. (NYSE:BURL) Shares Shorted: Short Interest Up 58.3% in September

Burlington Stores, Inc. (NYSE:BURL) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,140,030 shares, an increase of 58.3% from the August 31st total of 1,983,251 shares. Currently, 5.1% of the company’s shares are sold short. Based on an average trading volume of 1,592,550 shares, the days-to-cover ratio is presently 2.0 days.

Burlington Stores Stock Down 1.4%

Shares of BURL stock traded down $3.98 during trading hours on Friday, reaching $271.34. 369,673 shares of the stock were exchanged, compared to its average volume of 945,855. The business’s fifty day moving average is $301.62 and its two-hundred day moving average is $315.95. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.17 and a quick ratio of 0.47. Burlington Stores has a 12-month low of $226.85 and a 12-month high of $378.33. The firm has a market capitalization of $17.04 billion, a P/E ratio of 24.42, a P/E/G ratio of 1.62 and a beta of 1.43.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings results on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.19 by $0.77. Burlington Stores had a net margin of 5.85% and a return on equity of 41.72%. The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter in the previous year, the firm earned $1.72 earnings per share. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. As a group, research analysts expect that Burlington Stores will post 11.93 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently issued reports on BURL shares. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Burlington Stores from $367.00 to $323.00 and set a “hold” rating on the stock in a report on Friday, August 28th. Citigroup dropped their price target on shares of Burlington Stores from $380.00 to $318.00 and set a “neutral” rating for the company in a research report on Friday, August 28th. UBS Group boosted their price target on shares of Burlington Stores from $435.00 to $440.00 and gave the company a “buy” rating in a research note on Monday, August 17th. The Goldman Sachs Group reduced their price target on shares of Burlington Stores from $394.00 to $382.00 and set a “buy” rating on the stock in a research note on Monday, August 31st. Finally, Sanford C. Bernstein lowered their price objective on shares of Burlington Stores from $365.00 to $355.00 and set an “outperform” rating for the company in a research report on Friday, August 28th. Fourteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $370.75.

Insider Buying and Selling

In other Burlington Stores news, CMO Jennifer Vecchio sold 1,678 shares of Burlington Stores stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $369.04, for a total value of $619,249.12. Following the sale, the chief marketing officer owned 77,661 shares in the company, valued at $28,660,015.44. The trade was a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Burlington Stores

Several institutional investors have recently modified their holdings of the company. Harbour Investments Inc. increased its holdings in Burlington Stores by 44.7% in the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after buying an additional 34 shares during the last quarter. Reflection Asset Management acquired a new position in shares of Burlington Stores during the 4th quarter worth about $34,000. SJS Investment Consulting Inc. boosted its position in shares of Burlington Stores by 925.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 205 shares of the company’s stock worth $67,000 after acquiring an additional 185 shares in the last quarter. Clearstead Advisors LLC increased its holdings in shares of Burlington Stores by 128.3% in the 4th quarter. Clearstead Advisors LLC now owns 242 shares of the company’s stock valued at $70,000 after acquiring an additional 136 shares during the last quarter. Finally, State of Wyoming purchased a new position in shares of Burlington Stores in the 2nd quarter valued at about $71,000.

Burlington Stores Company Profile

Burlington Stores, Inc is an off-price retailer operating under the Burlington brand. The company offers a broad assortment of branded and private-label merchandise at prices generally below those of department stores and specialty retailers.

Its product categories include women’s, men’s and children’s clothing; footwear; accessories; beauty products; home goods; and baby merchandise. Burlington’s stores typically feature a continuously changing selection sourced through opportunistic purchasing, allowing the company to offer seasonal and fashion-oriented products across multiple departments.

The company was founded in 1972 as Burlington Coat Factory Warehouse Corporation and initially focused on selling coats and outerwear.