Y Intercept Hong Kong Ltd Increases Stock Position in Burlington Stores, Inc. $BURL

Y Intercept Hong Kong Ltd increased its stake in shares of Burlington Stores, Inc. (NYSE:BURL) by 136.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,591 shares of the company’s stock after purchasing an additional 9,583 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Burlington Stores were worth $4,222,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Norges Bank purchased a new stake in Burlington Stores in the second quarter worth approximately $171,893,000. Vaughan Nelson Investment Management L.P. bought a new position in shares of Burlington Stores during the 2nd quarter valued at $64,350,000. Westfield Capital Management Co. LP bought a new position in shares of Burlington Stores during the 2nd quarter valued at $49,702,000. SRS Investment Management LLC boosted 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 worth $342,478,000 after buying an additional 201,716 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in shares of Burlington Stores by 24,122.9% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 84,780 shares of the company’s stock worth $19,723,000 after acquiring an additional 84,430 shares during the period.

Analysts Set New Price Targets

BURL has been the subject of a number of research reports. UBS Group reiterated a “buy” rating on shares of Burlington Stores in a research report on Monday, November 17th. Barclays reduced their price target on shares of Burlington Stores from $336.00 to $331.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. BTIG Research started coverage on shares of Burlington Stores in a report on Tuesday, October 14th. They issued a “neutral” rating on the stock. Telsey Advisory Group reaffirmed an “outperform” rating and set a $350.00 target price on shares of Burlington Stores in a report on Tuesday, November 25th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $330.00 price target on shares of Burlington Stores in a research report on Tuesday, November 25th. Fifteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Burlington Stores currently has an average rating of “Moderate Buy” and a consensus price target of $335.94.

Burlington Stores Stock Down 0.6%

BURL stock opened at $298.10 on Monday. The business’s 50-day moving average price is $282.61 and its 200-day moving average price is $276.59. The stock has a market cap of $18.76 billion, a P/E ratio of 34.26, a PEG ratio of 1.83 and a beta of 1.74. The company has a quick ratio of 0.46, a current ratio of 1.21 and a debt-to-equity ratio of 1.32. Burlington Stores, Inc. has a twelve month low of $212.92 and a twelve month high of $315.14.

Burlington Stores (NYSE:BURL) last released its earnings results 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 net margin of 5.01% and a return on equity of 41.02%. The company had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter last year, the business earned $1.55 EPS. The firm’s 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. On average, equities research analysts forecast that Burlington Stores, Inc. will post 7.93 EPS for the current year.

Insider Buying and Selling at Burlington Stores

In related news, CMO Jennifer Vecchio sold 419 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $274.48, for a total value of $115,007.12. Following the completion of the transaction, the chief marketing officer owned 63,751 shares of the company’s stock, valued at approximately $17,498,374.48. This represents a 0.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.10% of the company’s stock.

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.