Capital International Investors Reduces Holdings in Burlington Stores, Inc. $BURL

Capital International Investors decreased its position in shares of Burlington Stores, Inc. (NYSE:BURLFree Report) by 1.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,477,806 shares of the company’s stock after selling 130,002 shares during the period. Capital International Investors owned 0.13% of Burlington Stores worth $2,448,782,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Burlington Stores by 3.5% during the 3rd quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock worth $1,726,070,000 after acquiring an additional 232,358 shares during the period. State Street Corp raised its stake in Burlington Stores by 1.2% during the 3rd quarter. State Street Corp now owns 2,184,171 shares of the company’s stock worth $555,872,000 after acquiring an additional 26,529 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in Burlington Stores by 303,059.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock worth $552,552,000 after acquiring an additional 1,912,305 shares during the period. Geode Capital Management LLC raised its stake in Burlington Stores by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 1,233,176 shares of the company’s stock worth $355,261,000 after acquiring an additional 27,074 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its stake in Burlington Stores by 17.5% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,110,632 shares of the company’s stock worth $320,806,000 after acquiring an additional 165,078 shares during the period.

Insider Buying and Selling

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of the business’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total value of $1,232,012.25. Following the completion of the transaction, the chief operating officer directly owned 26,350 shares in the company, valued at approximately $8,636,212.50. The trade was a 12.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.30% of the company’s stock.

Burlington Stores Stock Down 1.5%

Shares of BURL opened at $317.03 on Friday. Burlington Stores, Inc. has a 12-month low of $218.52 and a 12-month high of $351.85. The firm has a fifty day moving average price of $320.47 and a 200-day moving average price of $302.69. The firm has a market capitalization of $19.95 billion, a P/E ratio of 32.58, a P/E/G ratio of 1.71 and a beta of 1.46. The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 1.03.

Burlington Stores (NYSE:BURLGet Free Report) last released its quarterly earnings data on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The company had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.80 billion. During the same period in the prior year, the firm earned $1.60 earnings per share. The firm’s revenue for the quarter was up 14.1% compared to the same quarter last year. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. Equities research analysts expect that Burlington Stores, Inc. will post 11.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on BURL. Barclays raised their target price on shares of Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Wall Street Zen upgraded shares of Burlington Stores from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. Truist Financial raised their target price on shares of Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. Bank of America lifted their price objective on shares of Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Fifteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Burlington Stores presently has an average rating of “Moderate Buy” and a consensus price target of $353.56.

Read Our Latest Analysis on BURL

About Burlington Stores

(Free Report)

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.

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Institutional Ownership by Quarter for Burlington Stores (NYSE:BURL)

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