QRG Capital Management Inc. Makes New $591,000 Investment in Burlington Stores, Inc. $BURL

QRG Capital Management Inc. acquired a new position in Burlington Stores, Inc. (NYSE:BURL) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,320 shares of the company’s stock, valued at approximately $591,000.

Several other institutional investors and hedge funds have also recently modified their holdings of BURL. Norges Bank purchased a new stake in Burlington Stores in the 2nd quarter worth $171,893,000. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Burlington Stores during the second quarter worth about $64,350,000. Westfield Capital Management Co. LP bought a new stake in Burlington Stores during the 2nd quarter valued at approximately $49,702,000. SRS Investment Management LLC lifted its holdings in Burlington Stores by 15.9% in the 2nd quarter. SRS Investment Management LLC now owns 1,472,137 shares of the company’s stock worth $342,478,000 after purchasing an additional 201,716 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in Burlington Stores by 24,122.9% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 84,780 shares of the company’s stock worth $19,723,000 after purchasing an additional 84,430 shares in the last quarter.

Burlington Stores Price Performance

Burlington Stores stock opened at $300.22 on Friday. Burlington Stores, Inc. has a 52-week low of $212.92 and a 52-week high of $315.14. The company has a quick ratio of 0.46, a current ratio of 1.21 and a debt-to-equity ratio of 1.32. The firm’s fifty day moving average is $282.25 and its 200 day moving average is $275.91. The company has a market cap of $18.89 billion, a price-to-earnings ratio of 34.51, a PEG ratio of 1.91 and a beta of 1.74.

Burlington Stores (NYSE:BURL) last announced its earnings results on Tuesday, November 25th. The company reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.09. Burlington Stores had a net margin of 5.01% and a return on equity of 41.02%. The firm had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.74 billion. During the same period in the prior year, the company earned $1.55 EPS. The business’s revenue was up 7.1% compared to the same quarter last year. 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. Sell-side analysts forecast that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on BURL. UBS Group reiterated a “buy” rating on shares of Burlington Stores in a research report on Monday, November 17th. Citigroup reduced their price target on shares of Burlington Stores from $358.00 to $351.00 and set a “buy” rating on the stock in a report on Monday, November 3rd. Jefferies Financial Group reiterated a “buy” rating and issued a $330.00 price target on shares of Burlington Stores in a research note on Tuesday, November 25th. Telsey Advisory Group restated an “outperform” rating and set a $350.00 price objective on shares of Burlington Stores in a research report on Tuesday, November 25th. Finally, Gordon Haskett lowered Burlington Stores from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 5th. Fifteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $335.94.

Insider Activity

In other news, CMO Jennifer Vecchio sold 419 shares of Burlington Stores stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $274.48, for a total value of $115,007.12. Following the completion of the transaction, the chief marketing officer owned 63,751 shares in the company, valued at approximately $17,498,374.48. The trade was a 0.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.10% of the stock is owned by 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.