Brokerages Set Burlington Stores, Inc. (NYSE:BURL) Price Target at $370.75

Burlington Stores, Inc. (NYSE:BURL) has been assigned an average recommendation of “Moderate Buy” from the twenty ratings firms that are covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a hold recommendation and fourteen have issued a buy recommendation on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $370.75.

A number of brokerages have commented on BURL. Morgan Stanley dropped their target price on shares of Burlington Stores from $438.00 to $432.00 and set an “overweight” rating on the stock in a research note on Friday, August 28th. UBS Group lifted their price target on shares of Burlington Stores from $435.00 to $440.00 and gave the company a “buy” rating in a research note on Monday, August 17th. Wells Fargo & Company set a $370.00 price target on shares of Burlington Stores in a research note on Friday, August 28th. The Goldman Sachs Group lowered their price target on Burlington Stores from $394.00 to $382.00 and set a “buy” rating for the company in a report on Monday, August 31st. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on Burlington Stores from $367.00 to $323.00 and set a “hold” rating on the stock in a research note on Friday, August 28th.

Burlington Stores Stock Up 0.1%

NYSE:BURL opened at $265.64 on Friday. The company has a market cap of $16.68 billion, a price-to-earnings ratio of 23.85, a price-to-earnings-growth ratio of 1.49 and a beta of 1.42. Burlington Stores has a twelve month low of $240.49 and a twelve month high of $378.33. The company has a current ratio of 1.17, a quick ratio of 0.47 and a debt-to-equity ratio of 0.95. The stock has a fifty day simple moving average of $331.92 and a 200-day simple moving average of $323.44.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings results on Thursday, August 27th. The company reported $2.96 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.77. The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.03 billion. Burlington Stores had a net margin of 5.85% and a return on equity of 41.72%. The business’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.72 earnings per share. 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. Analysts anticipate that Burlington Stores will post 12.9 EPS for the current year.

More Burlington Stores News

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

• Positive Sentiment: Burlington plans to invest approximately $370 million in a new headquarters in Philadelphia’s University City and relocate about 2,000 employees. Pennsylvania officials are promoting the project as a major economic-development win, while the investment could provide a modernized corporate base and access to talent. Pennsylvania officials tout Burlington headquarters move
• Positive Sentiment: The stock’s recent selloff has pushed its relative-strength index to deeply oversold levels, which may attract bargain hunters. Burlington also raised its full-year earnings outlook despite issuing cautious near-term guidance, supporting the longer-term growth narrative. Burlington RSI and valuation analysis
• Neutral Sentiment: The relocation is primarily a corporate and regional investment decision rather than a change to Burlington’s store strategy or sales outlook. Reports describe the announcement as a major move after roughly 50 years in New Jersey, with political leaders in both states debating its costs and benefits. Political response to Burlington relocation
• Negative Sentiment: Investors may remain cautious because Burlington’s latest quarterly outlook called for third-quarter EPS of $1.60 to $1.70, while management’s recent guidance was viewed as conservative. The headquarters transition could also create one-time costs before any efficiency benefits are realized. Burlington headquarters relocation details

Insider Buying and Selling at Burlington Stores

In other news, CMO Jennifer Vecchio sold 1,678 shares of the firm’s stock in a transaction 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. This trade represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Stephen Ferroni sold 2,343 shares of Burlington Stores stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $337.22, for a total value of $790,106.46. Following the completion of the sale, the chief accounting officer owned 1,391 shares of the company’s stock, valued at $469,073.02. The trade was a 62.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 26,619 shares of company stock valued at $9,083,438 over the last quarter. Company insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Burlington Stores

Several large investors have recently modified their holdings of the business. California State Teachers Retirement System increased its holdings in Burlington Stores by 33,799.1% during the second quarter. California State Teachers Retirement System now owns 28,920,038 shares of the company’s stock valued at $9,161,868,000 after buying an additional 28,834,726 shares during the period. BlackRock Inc. purchased a new stake in Burlington Stores during the second quarter worth $2,157,518,000. T. Rowe Price Investment Management Inc. boosted its position in Burlington Stores by 15.8% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company’s stock valued at $817,122,000 after acquiring an additional 386,615 shares in the last quarter. State Street Corp boosted its position in Burlington Stores by 1.2% during the 3rd quarter. State Street Corp now owns 2,184,171 shares of the company’s stock valued at $555,872,000 after acquiring an additional 26,529 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position 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 valued at $552,552,000 after acquiring an additional 1,912,305 shares in the last quarter.

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.