Burlington Stores, Inc. $BURL Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. boosted its stake in Burlington Stores, Inc. (NYSE:BURL) by 3.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,782,201 shares of the company’s stock after buying an additional 232,358 shares during the period. Vanguard Group Inc. owned 10.76% of Burlington Stores worth $1,726,070,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Burlington Stores by 14.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock worth $72,000 after purchasing an additional 38 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of Burlington Stores by 1,604.7% in the first quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock valued at $345,000 after acquiring an additional 1,364 shares in the last quarter. Nordea Investment Management AB increased its stake in shares of Burlington Stores by 8.2% during the second quarter. Nordea Investment Management AB now owns 5,158 shares of the company’s stock valued at $1,185,000 after acquiring an additional 390 shares during the period. Securian Asset Management Inc. raised its holdings in Burlington Stores by 2.1% during the second quarter. Securian Asset Management Inc. now owns 4,861 shares of the company’s stock worth $1,131,000 after purchasing an additional 100 shares in the last quarter. Finally, Tributary Capital Management LLC lifted its position in Burlington Stores by 3.9% in the second quarter. Tributary Capital Management LLC now owns 7,931 shares of the company’s stock worth $1,845,000 after purchasing an additional 300 shares during the period.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on BURL shares. TD Cowen restated a “buy” rating on shares of Burlington Stores in a research report on Wednesday, November 26th. Barclays dropped their price target on Burlington Stores from $336.00 to $331.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. JPMorgan Chase & Co. reduced their price objective on Burlington Stores from $346.00 to $316.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. The Goldman Sachs Group set a $331.00 target price on Burlington Stores in a research report on Wednesday, November 26th. Finally, Sanford C. Bernstein set a $350.00 target price on Burlington Stores and gave the company an “outperform” rating in a report on Tuesday, January 6th. Fifteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $335.94.

Burlington Stores Stock Up 0.0%

Shares of Burlington Stores stock opened at $311.26 on Friday. The company has a quick ratio of 0.46, a current ratio of 1.21 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $19.59 billion, a P/E ratio of 35.78, a PEG ratio of 1.69 and a beta of 1.74. The stock has a 50 day moving average price of $296.32 and a two-hundred day moving average price of $280.81. Burlington Stores, Inc. has a 12-month low of $212.92 and a 12-month high of $332.20.

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

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.