Burlington Stores, Inc. $BURL is Dorsal Capital Management LP’s 8th Largest Position

Dorsal Capital Management LP raised its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 6.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 800,000 shares of the company’s stock after acquiring an additional 50,000 shares during the period. Burlington Stores comprises approximately 5.4% of Dorsal Capital Management LP’s portfolio, making the stock its 8th biggest holding. Dorsal Capital Management LP’s holdings in Burlington Stores were worth $203,600,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in BURL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Burlington Stores by 14.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock worth $72,000 after acquiring an additional 38 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Burlington Stores by 1,604.7% during the 1st quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock valued at $345,000 after purchasing an additional 1,364 shares during the last quarter. ProShare Advisors LLC raised its position in Burlington Stores by 4.3% in the 2nd quarter. ProShare Advisors LLC now owns 2,792 shares of the company’s stock worth $650,000 after purchasing an additional 116 shares during the period. Vise Technologies Inc. purchased a new position in Burlington Stores in the 2nd quarter worth $553,000. Finally, KBC Group NV lifted its stake in Burlington Stores by 4.1% in the second quarter. KBC Group NV now owns 8,685 shares of the company’s stock worth $2,021,000 after purchasing an additional 341 shares during the last quarter.

Burlington Stores Stock Performance

Shares of NYSE:BURL opened at $296.45 on Friday. The company has a current ratio of 1.23, a quick ratio of 0.65 and a debt-to-equity ratio of 1.11. The company has a 50-day moving average price of $304.18 and a 200-day moving average price of $283.82. The company has a market cap of $18.66 billion, a price-to-earnings ratio of 31.14, a price-to-earnings-growth ratio of 1.80 and a beta of 1.73. Burlington Stores, Inc. has a 12 month low of $212.92 and a 12 month high of $332.20.

Burlington Stores (NYSE:BURL) last posted its earnings results on Thursday, March 5th. The company reported $4.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.70 by $0.29. The company had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $2.77 billion. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.Burlington Stores’s quarterly revenue was up 11.3% on a year-over-year basis. During the same period last year, the firm earned $4.07 earnings per share. 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. As a group, equities analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current year.

Analyst Upgrades and Downgrades

BURL has been the topic of a number of recent research reports. Morgan Stanley reduced their price objective on Burlington Stores from $330.00 to $310.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Robert W. Baird boosted their target price on Burlington Stores from $345.00 to $375.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Weiss Ratings restated a “hold (c+)” rating on shares of Burlington Stores in a report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft started coverage on Burlington Stores in a research note on Thursday, January 8th. They issued a “hold” rating and a $318.00 price target on the stock. Finally, Guggenheim assumed coverage on Burlington Stores in a research report on Tuesday, December 9th. They issued a “neutral” rating for the company. Fifteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $355.44.

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.