Hsbc Holdings PLC Increases Position in Burlington Stores, Inc. $BURL

Hsbc Holdings PLC raised its position in shares of Burlington Stores, Inc. (NYSE:BURL) by 22.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 75,846 shares of the company’s stock after purchasing an additional 13,799 shares during the period. Hsbc Holdings PLC’s holdings in Burlington Stores were worth $21,998,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BURL. Signaturefd LLC raised its holdings in shares of Burlington Stores by 4.4% during the 4th quarter. Signaturefd LLC now owns 787 shares of the company’s stock valued at $227,000 after buying an additional 33 shares in the last quarter. Harbour Investments Inc. boosted its stake in shares of Burlington Stores by 44.7% in the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after purchasing an additional 34 shares in the last quarter. Fifth Third Bancorp grew its holdings in shares of Burlington Stores by 6.4% during the 4th quarter. Fifth Third Bancorp now owns 585 shares of the company’s stock valued at $169,000 after purchasing an additional 35 shares during the last quarter. Vident Advisory LLC raised its position in Burlington Stores by 1.1% in the 2nd quarter. Vident Advisory LLC now owns 3,330 shares of the company’s stock worth $775,000 after purchasing an additional 36 shares during the period. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in Burlington Stores by 17.8% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 251 shares of the company’s stock worth $73,000 after purchasing an additional 38 shares during the last quarter.

Burlington Stores Trading Up 1.3%

NYSE:BURL opened at $316.27 on Wednesday. The company has a 50-day moving average price of $317.80 and a 200-day moving average price of $312.33. The stock has a market cap of $19.91 billion, a price-to-earnings ratio of 32.50, a P/E/G ratio of 1.68 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, Inc. has a 12 month low of $240.49 and a 12 month high of $351.85.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings data on Thursday, May 28th. The company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.80 by $0.21. The business had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. Burlington Stores’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same period last year, the business posted $1.60 earnings per share. 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 analysts predict that Burlington Stores, Inc. will post 11.71 EPS for the current year.

Insiders Place Their Bets

In other Burlington Stores news, CAO Stephen Ferroni sold 2,343 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $337.22, for a total transaction of $790,106.46. Following the completion of the transaction, the chief accounting officer owned 1,391 shares of the company’s stock, valued at approximately $469,073.02. This trade represents a 62.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Matthew Pasch sold 3,773 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the sale, the insider owned 6,523 shares in the company, valued at approximately $2,069,160.83. This trade represents a 36.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 28,714 shares of company stock worth $9,661,022. 1.30% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on BURL shares. Barclays increased their target price on Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Wells Fargo & Company lowered their price target on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Telsey Advisory Group restated an “outperform” rating and issued a $365.00 price objective on shares of Burlington Stores in a research report on Tuesday, March 31st. Truist Financial raised their target price on Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. Finally, UBS Group restated a “buy” rating and set a $435.00 price target on shares of Burlington Stores in a report on Friday, May 29th. Fifteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $353.56.

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.