Burlington Stores, Inc. $BURL Shares Acquired by TD Asset Management Inc

TD Asset Management Inc grew its stake in Burlington Stores, Inc. (NYSE:BURL) by 11.6% in the fourth quarter, Holdings Channel reports. The fund owned 198,405 shares of the company’s stock after purchasing an additional 20,569 shares during the period. TD Asset Management Inc’s holdings in Burlington Stores were worth $57,309,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Signaturefd LLC increased its stake in shares of Burlington Stores by 4.4% in the 4th quarter. Signaturefd LLC now owns 787 shares of the company’s stock worth $227,000 after acquiring an additional 33 shares during the last quarter. Harbour Investments Inc. increased its position in shares of Burlington Stores by 44.7% during the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after purchasing an additional 34 shares during the last quarter. Fifth Third Bancorp increased its position in shares of Burlington Stores by 6.4% during the 4th quarter. Fifth Third Bancorp now owns 585 shares of the company’s stock worth $169,000 after purchasing an additional 35 shares during the last quarter. Vident Advisory LLC increased its position in shares of Burlington Stores by 1.1% during 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 last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Burlington Stores by 14.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock worth $72,000 after purchasing an additional 38 shares during the last quarter.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on BURL shares. Truist Financial raised their price objective on Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a research report on Thursday, May 28th. Weiss Ratings raised Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. JPMorgan Chase & Co. cut their price objective on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Robert W. Baird raised their price objective on Burlington Stores from $345.00 to $375.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Finally, Evercore reissued an “outperform” rating and set a $375.00 price objective on shares of Burlington Stores in a research report on Thursday, March 5th. Fifteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $353.56.

Burlington Stores Stock Performance

NYSE BURL opened at $317.03 on Friday. The company has a market cap of $19.95 billion, a P/E ratio of 32.58, a P/E/G ratio of 1.74 and a beta of 1.46. 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 stock has a 50-day moving average of $320.47 and a two-hundred day moving average of $302.69. Burlington Stores, Inc. has a 1-year low of $218.52 and a 1-year high of $351.85.

Burlington Stores (NYSE:BURL) last released its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.21. The company had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.Burlington Stores’s revenue was up 14.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.60 EPS. 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. As a group, analysts anticipate that Burlington Stores, Inc. will post 11.7 EPS for the current year.

Insiders Place Their Bets

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of Burlington Stores stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total value of $1,232,012.25. Following the completion of the transaction, the chief operating officer directly owned 26,350 shares of the company’s stock, valued at $8,636,212.50. The trade was a 12.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.30% of the stock is currently owned by corporate insiders.

Burlington Stores 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.