Burlington Stores, Inc. $BURL Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. lowered its stake in Burlington Stores, Inc. (NYSE:BURL) by 3.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 138,293 shares of the company’s stock after selling 5,079 shares during the period. Principal Financial Group Inc.’s holdings in Burlington Stores were worth $35,196,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. First Horizon Corp acquired a new stake in Burlington Stores during the 3rd quarter worth about $25,000. Root Financial Partners LLC purchased a new position in shares of Burlington Stores in the third quarter worth about $30,000. Mather Group LLC. acquired a new stake in shares of Burlington Stores during the third quarter worth about $36,000. Geneos Wealth Management Inc. boosted its position in Burlington Stores by 235.4% in the second quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after buying an additional 113 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in 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 buying an additional 38 shares during the period.

Wall Street Analysts Forecast Growth

BURL has been the subject of several research reports. Deutsche Bank Aktiengesellschaft began coverage on shares of Burlington Stores in a research note on Thursday, January 8th. They set a “hold” rating and a $318.00 price objective for the company. Weiss Ratings restated a “hold (c+)” rating on shares of Burlington Stores in a research report on Wednesday, January 21st. Morgan Stanley cut their price target on Burlington Stores from $330.00 to $310.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 26th. Gordon Haskett lowered Burlington Stores from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 5th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $330.00 target price on shares of Burlington Stores in a research note on Tuesday, November 25th. Fifteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $335.94.

Burlington Stores Stock Up 0.8%

BURL opened at $302.77 on Friday. The company has a fifty day moving average of $286.58 and a two-hundred day moving average of $278.77. The stock has a market capitalization of $19.05 billion, a price-to-earnings ratio of 34.80, a PEG ratio of 1.63 and a beta of 1.74. Burlington Stores, Inc. has a fifty-two week low of $212.92 and a fifty-two week high of $315.14. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.46 and a current ratio of 1.21.

Burlington Stores (NYSE:BURL) last posted its earnings results on Tuesday, November 25th. The company reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.09. The firm had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.74 billion. Burlington Stores had a return on equity of 41.02% and a net margin of 5.01%.The company’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period last year, the firm earned $1.55 EPS. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS and its FY 2025 guidance at 9.690-9.890 EPS. On average, research analysts expect that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

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.