Danske Bank A S Invests $9.67 Million in Burlington Stores, Inc. $BURL

Danske Bank A S purchased a new stake in shares of Burlington Stores, Inc. (NYSE:BURL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 30,510 shares of the company’s stock, valued at approximately $9,666,000.

A number of other hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in shares of Burlington Stores during the 2nd quarter worth approximately $2,157,518,000. T. Rowe Price Investment Management Inc. raised its position in Burlington Stores by 15.8% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company’s stock valued at $817,122,000 after purchasing an additional 386,615 shares during the period. State Street Corp lifted its stake in Burlington Stores by 1.2% during the third quarter. State Street Corp now owns 2,184,171 shares of the company’s stock worth $555,872,000 after purchasing an additional 26,529 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Burlington Stores by 303,059.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock worth $552,552,000 after purchasing an additional 1,912,305 shares in the last quarter. Finally, Alyeska Investment Group L.P. boosted its position in shares of Burlington Stores by 103.5% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,285,336 shares of the company’s stock worth $371,269,000 after buying an additional 653,718 shares during the period.

Insider Buying and Selling at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 1,678 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $369.04, for a total transaction of $619,249.12. Following the completion of the transaction, the chief marketing officer owned 77,661 shares of the company’s stock, valued at approximately $28,660,015.44. This trade represents a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Stephen Ferroni sold 2,343 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction of $790,106.46. Following the completion of the transaction, the chief accounting officer directly owned 1,391 shares of the company’s stock, valued at $469,073.02. The trade was a 62.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 30,392 shares of company stock valued at $10,280,271. Insiders own 1.30% of the company’s stock.

Burlington Stores Trading Down 1.8%

Shares of Burlington Stores stock opened at $327.10 on Friday. Burlington Stores, Inc. has a 52-week low of $240.49 and a 52-week high of $378.33. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 1.03. The company’s 50-day simple moving average is $342.03 and its 200-day simple moving average is $324.76. The firm has a market cap of $20.59 billion, a price-to-earnings ratio of 33.62, a price-to-earnings-growth ratio of 1.71 and a beta of 1.44.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings data on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, beating 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 company had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same quarter in the previous year, the company earned $1.60 EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts anticipate that Burlington Stores, Inc. will post 12.21 earnings per share for the current year.

Wall Street Analyst Weigh In

BURL has been the subject of a number of research analyst reports. Citigroup cut Burlington Stores from a “buy” rating to a “neutral” rating and set a $380.00 target price for the company. in a report on Wednesday, August 5th. Jefferies Financial Group increased their price target on shares of Burlington Stores from $365.00 to $410.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. JPMorgan Chase & Co. lowered their price objective on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Morgan Stanley restated an “overweight” rating on shares of Burlington Stores in a report on Thursday, August 6th. Finally, Wall Street Zen downgraded shares of Burlington Stores from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Thirteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $371.50.

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.