Burlington Stores, Inc. $BURL Shares Sold by GW&K Investment Management LLC

GW&K Investment Management LLC reduced its stake in Burlington Stores, Inc. (NYSE:BURLFree Report) by 1.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 297,697 shares of the company’s stock after selling 2,902 shares during the quarter. GW&K Investment Management LLC’s holdings in Burlington Stores were worth $75,765,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA grew its holdings in shares of Burlington Stores by 6.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 945,554 shares of the company’s stock worth $240,643,000 after buying an additional 59,587 shares in the last quarter. Oak Thistle LLC purchased a new position in shares of Burlington Stores during the third quarter valued at approximately $1,932,000. Nomura Asset Management Co. Ltd. boosted its position in Burlington Stores by 8.3% during the second quarter. Nomura Asset Management Co. Ltd. now owns 19,785 shares of the company’s stock worth $4,603,000 after acquiring an additional 1,510 shares during the last quarter. Vanguard Group Inc. grew its stake in Burlington Stores by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock worth $1,726,070,000 after acquiring an additional 232,358 shares during the period. Finally, Campbell & CO Investment Adviser LLC acquired a new position in Burlington Stores in the 3rd quarter valued at $1,033,000.

Analysts Set New Price Targets

BURL has been the topic of several analyst reports. Gordon Haskett cut Burlington Stores from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 5th. Weiss Ratings reissued a “hold (c+)” rating on shares of Burlington Stores in a research note on Wednesday, January 21st. Evercore lowered their price target on Burlington Stores from $370.00 to $335.00 and set an “outperform” rating for the company in a report on Wednesday, November 26th. Telsey Advisory Group reiterated an “outperform” rating and set a $350.00 price objective on shares of Burlington Stores in a report on Monday. Finally, JPMorgan Chase & Co. boosted their target price on shares of Burlington Stores from $316.00 to $356.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. 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, Burlington Stores presently has a consensus rating of “Moderate Buy” and an average target price of $338.69.

View Our Latest Analysis on BURL

Burlington Stores Price Performance

BURL stock opened at $300.46 on Thursday. The firm has a market cap of $18.91 billion, a P/E ratio of 34.54, a price-to-earnings-growth ratio of 1.70 and a beta of 1.73. The stock has a 50-day simple moving average of $302.20 and a 200-day simple moving average of $282.56. Burlington Stores, Inc. has a 1 year low of $212.92 and a 1 year high of $332.20. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.46 and a current ratio of 1.21.

Key Burlington Stores News

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

  • Positive Sentiment: Telsey Advisory Group reaffirmed its “Outperform” rating on BURL, a clear analyst vote of confidence that can support the stock and attract buyers ahead of earnings. Telsey Reaffirms Outperform
  • Positive Sentiment: Local-market expansion: Burlington announced multiple new store openings and reopenings (El Paso, Tupelo, Shops at Boardman Park, Yarbrough Plaza), signaling continued square-footage growth and market penetration that supports longer-term revenue expansion. These openings are tangible execution catalysts for the retail footprint story. New East El Paso Location
  • Positive Sentiment: Property-level activity: Burlington took a large box at Regency Plaza as AutoZone moved in nearby — local leasing activity can indicate favorable real estate economics and demand for big-box locations. Regency Plaza Carve-Up
  • Neutral Sentiment: Analyst & market previews ahead of Q4: Multiple previews and what-to-expect pieces discuss whether Burlington’s off-price model can outpace forecasts — these are watch-items that increase volatility around the earnings release but don’t change fundamentals by themselves. Investors will key on comparable sales, margin trends, and inventory flow. Earnings Ahead: Can Off-Price Model Beat?
  • Neutral Sentiment: Other earnings previews (Benzinga, Yahoo Finance) reiterate the same focus points — consensus EPS, comps, and inventory. These previews keep expectations centralized but are unlikely to move the stock until actual results are released. Benzinga Earnings Preview

About Burlington Stores

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding BURL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Burlington Stores, Inc. (NYSE:BURLFree Report).

Institutional Ownership by Quarter for Burlington Stores (NYSE:BURL)

Receive News & Ratings for Burlington Stores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burlington Stores and related companies with MarketBeat.com's FREE daily email newsletter.