AustralianSuper Pty Ltd Invests $19.95 Million in Burlington Stores, Inc. $BURL

AustralianSuper Pty Ltd bought a new position in shares of Burlington Stores, Inc. (NYSE:BURL) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 69,054 shares of the company’s stock, valued at approximately $19,946,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allworth Financial LP lifted its stake in Burlington Stores by 55.0% in the fourth quarter. Allworth Financial LP now owns 338 shares of the company’s stock valued at $98,000 after buying an additional 120 shares during the last quarter. Empire Life Investments Inc. lifted its stake in Burlington Stores by 1.1% in the fourth quarter. Empire Life Investments Inc. now owns 7,999 shares of the company’s stock valued at $2,311,000 after buying an additional 87 shares during the last quarter. HighPoint Advisor Group LLC boosted its stake in Burlington Stores by 18.6% during the 4th quarter. HighPoint Advisor Group LLC now owns 1,411 shares of the company’s stock worth $408,000 after purchasing an additional 221 shares during the period. Versor Investments LP boosted its stake in Burlington Stores by 91.9% during the 4th quarter. Versor Investments LP now owns 1,785 shares of the company’s stock worth $516,000 after purchasing an additional 855 shares during the period. Finally, Nicholas Company Inc. boosted its stake in Burlington Stores by 8.5% during the 4th quarter. Nicholas Company Inc. now owns 50,605 shares of the company’s stock worth $14,617,000 after purchasing an additional 3,980 shares during the period.

Burlington Stores Stock Up 0.3%

Shares of Burlington Stores stock opened at $293.27 on Friday. The company has a market cap of $18.43 billion, a P/E ratio of 30.81, a PEG ratio of 1.77 and a beta of 1.48. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.65 and a current ratio of 1.23. Burlington Stores, Inc. has a one year low of $218.52 and a one year high of $351.85. The firm has a fifty day moving average of $318.54 and a two-hundred day moving average of $298.72.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings data on Thursday, March 5th. The company reported $4.99 EPS for the quarter, topping analysts’ consensus estimates of $4.70 by $0.29. The company had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $2.77 billion. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. Burlington Stores’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.07 EPS. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. On average, analysts forecast that Burlington Stores, Inc. will post 11.27 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on BURL. JPMorgan Chase & Co. increased their price target on shares of Burlington Stores from $356.00 to $365.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Evercore reissued an “outperform” rating and set a $375.00 price target on shares of Burlington Stores in a report on Thursday, March 5th. Barclays raised their price target on Burlington Stores from $331.00 to $335.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Jefferies Financial Group reissued a “buy” rating and set a $370.00 price target on shares of Burlington Stores in a report on Thursday, March 5th. Finally, Robert W. Baird raised their price target on Burlington Stores from $345.00 to $375.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. Sixteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Burlington Stores presently has a consensus rating of “Moderate Buy” and an average price target of $355.44.

Insider Buying and Selling

In related news, COO Travis Marquette sold 3,759 shares of the firm’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 sale, the chief operating officer owned 26,350 shares in the company, valued at $8,636,212.50. This trade represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.30% of the stock is currently owned by insiders.

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.