Hsbc Holdings PLC Invests $19.24 Million in Burlington Stores, Inc. $BURL

Hsbc Holdings PLC acquired a new position in shares of Burlington Stores, Inc. (NYSE:BURL) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 60,706 shares of the company’s stock, valued at approximately $19,237,000.

Other institutional investors have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position 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 valued at $72,000 after purchasing an additional 38 shares during the period. Jones Financial Companies Lllp grew its position in shares of Burlington Stores by 1,604.7% during the first quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock worth $345,000 after buying an additional 1,364 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Burlington Stores by 91.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 698 shares of the company’s stock worth $162,000 after acquiring an additional 334 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in Burlington Stores by 12.4% in the second quarter. Daiwa Securities Group Inc. now owns 7,459 shares of the company’s stock valued at $1,735,000 after buying an additional 821 shares during the last quarter. Finally, AXA S.A. increased its holdings in shares of Burlington Stores by 1,033.2% in the 2nd quarter. AXA S.A. now owns 10,754 shares of the company’s stock valued at $2,502,000 after acquiring an additional 9,805 shares during the last quarter.

Key Stories Impacting Burlington Stores

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: Burlington reported second-quarter adjusted EPS of $2.96, well above the $2.19 consensus estimate, while revenue increased 11% year over year to approximately $3.0 billion. The company also achieved its 15th consecutive quarter of double-digit EPS growth, supported by a 100-basis-point operating-margin improvement. Burlington Stores second-quarter results
• Positive Sentiment: Management raised full-year 2026 adjusted EPS guidance to $11.77–$11.97, above the $11.23 analyst consensus, and expects full-year revenue of approximately $12.7–$12.8 billion. Burlington Stores drop analysis
• Positive Sentiment: The company continues to expand its store base, reaching 1,287 locations, up 13.1% from a year ago. Burlington also plans to use tariff refunds to reduce prices, which could support customer traffic and value perception. Burlington Stores tariff refunds

Insider Buying and Selling at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 1,678 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $369.04, for a total transaction of $619,249.12. Following the transaction, the chief marketing officer owned 77,661 shares in the company, valued at approximately $28,660,015.44. The trade was a 2.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Matthew Pasch sold 3,773 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $317.21, for a total value of $1,196,833.33. Following the transaction, the insider owned 6,523 shares in the company, valued at $2,069,160.83. The trade was a 36.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 30,392 shares of company stock valued at $10,280,271. 1.30% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Truist Financial raised their price objective on shares of Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Wells Fargo & Company reduced their target price 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. Barclays increased 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. Bank of America boosted their price target on Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Finally, Weiss Ratings raised Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday. Thirteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Burlington Stores presently has a consensus rating of “Moderate Buy” and an average target price of $371.50.

Burlington Stores Stock Performance

NYSE:BURL opened at $289.44 on Friday. The firm’s fifty day moving average price is $340.27 and its 200 day moving average price is $325.21. Burlington Stores, Inc. has a 1-year low of $240.49 and a 1-year high of $378.33. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49. The firm has a market cap of $18.22 billion, a price-to-earnings ratio of 29.75, a price-to-earnings-growth ratio of 1.61 and a beta of 1.44.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings data on Thursday, August 27th. The company reported $2.96 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.77. The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.03 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 11.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.72 EPS. 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. On average, sell-side analysts expect that Burlington Stores, Inc. will post 12.21 EPS 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.