Burlington Stores, Inc. $BURL Stock Position Lowered by Graphene Investments SAS

Graphene Investments SAS cut its holdings in Burlington Stores, Inc. (NYSE:BURL) by 15.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,400 shares of the company’s stock after selling 1,900 shares during the period. Burlington Stores accounts for 2.3% of Graphene Investments SAS’s investment portfolio, making the stock its 6th biggest position. Graphene Investments SAS’s holdings in Burlington Stores were worth $3,384,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of BURL. Wealthfront Advisers LLC raised its holdings in Burlington Stores by 45.6% during the 1st quarter. Wealthfront Advisers LLC now owns 16,043 shares of the company’s stock valued at $5,220,000 after acquiring an additional 5,026 shares during the period. Sanctuary Advisors LLC boosted its holdings in shares of Burlington Stores by 22.3% in the first quarter. Sanctuary Advisors LLC now owns 3,546 shares of the company’s stock worth $1,154,000 after acquiring an additional 646 shares during the period. Emerald Advisers LLC boosted its holdings in shares of Burlington Stores by 23.2% in the first quarter. Emerald Advisers LLC now owns 2,244 shares of the company’s stock worth $730,000 after acquiring an additional 423 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in shares of Burlington Stores in the first quarter valued at $218,000. Finally, State of Michigan Retirement System grew its position in shares of Burlington Stores by 0.4% in the first quarter. State of Michigan Retirement System now owns 85,100 shares of the company’s stock valued at $27,690,000 after purchasing an additional 300 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Wells Fargo & Company decreased their price objective on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. JPMorgan Chase & Co. reduced their target price on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Barclays upped their price target on Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. Weiss Ratings raised shares of Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 7th. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $365.00 price objective on shares of Burlington Stores in a research report on Tuesday, March 31st. Fifteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $353.56.

Insider Transactions at Burlington Stores

In other news, CMO Jennifer Vecchio sold 20,920 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $341.53, for a total transaction of $7,144,807.60. Following the completion of the transaction, the chief marketing officer owned 81,017 shares of the company’s stock, valued at approximately $27,669,736.01. The trade was a 20.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Matthew Pasch sold 3,773 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the completion of the sale, the insider directly owned 6,523 shares in the company, valued at $2,069,160.83. This represents a 36.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 28,714 shares of company stock valued at $9,661,022. 1.30% of the stock is owned by corporate insiders.

Burlington Stores Price Performance

NYSE:BURL opened at $355.75 on Friday. The firm has a market capitalization of $22.39 billion, a price-to-earnings ratio of 36.56, a P/E/G ratio of 1.86 and a beta of 1.46. Burlington Stores, Inc. has a 52-week low of $240.49 and a 52-week high of $357.73. The stock has a fifty day moving average of $319.95 and a 200 day moving average of $314.77. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.49 and a current ratio of 1.16.

Burlington Stores (NYSE:BURL) last announced its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same period in the prior year, the company earned $1.60 EPS. The company’s quarterly revenue was up 14.1% compared to the same quarter last year. 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. On average, research analysts expect that Burlington Stores, Inc. will post 11.71 EPS for the current fiscal year.

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.