Nicholas Company Inc. Purchases 3,980 Shares of Burlington Stores, Inc. $BURL

Nicholas Company Inc. grew its position in Burlington Stores, Inc. (NYSE:BURL) by 8.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 50,605 shares of the company’s stock after acquiring an additional 3,980 shares during the quarter. Nicholas Company Inc.’s holdings in Burlington Stores were worth $14,617,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Swiss Life Asset Management Ltd boosted its holdings in shares of Burlington Stores by 9.4% in the 4th quarter. Swiss Life Asset Management Ltd now owns 9,641 shares of the company’s stock valued at $2,785,000 after buying an additional 831 shares in the last quarter. LRI Investments LLC purchased a new position in Burlington Stores in the fourth quarter worth $63,000. Sequoia Financial Advisors LLC grew its holdings in Burlington Stores by 36.2% in the fourth quarter. Sequoia Financial Advisors LLC now owns 3,573 shares of the company’s stock worth $1,032,000 after purchasing an additional 950 shares during the last quarter. Gateway Investment Advisers LLC grew its holdings in Burlington Stores by 1.4% in the fourth quarter. Gateway Investment Advisers LLC now owns 3,298 shares of the company’s stock worth $953,000 after purchasing an additional 46 shares during the last quarter. Finally, QRG Capital Management Inc. grew its holdings in Burlington Stores by 76.6% in the fourth quarter. QRG Capital Management Inc. now owns 4,098 shares of the company’s stock worth $1,184,000 after purchasing an additional 1,778 shares during the last quarter.

Analyst Ratings Changes

BURL has been the topic of several analyst reports. Wells Fargo & Company lifted their price target on shares of Burlington Stores from $350.00 to $400.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Wall Street Zen lowered shares of Burlington Stores from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $370.00 price target on shares of Burlington Stores in a report on Thursday, March 5th. Citigroup lifted their price objective on shares of Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Finally, Weiss Ratings upgraded shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 23rd. Sixteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $355.44.

Insider Transactions at Burlington Stores

In related news, COO Travis Marquette sold 3,759 shares of the business’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the completion of the transaction, the chief operating officer directly owned 26,350 shares in the company, valued at $8,636,212.50. The trade was a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.30% of the stock is owned by corporate insiders.

Burlington Stores Trading Up 0.1%

NYSE BURL opened at $304.74 on Monday. The company has a market capitalization of $19.15 billion, a PE ratio of 32.01, a P/E/G ratio of 1.84 and a beta of 1.48. The company has a fifty day moving average of $319.92 and a 200 day moving average of $297.84. Burlington Stores, Inc. has a 1 year low of $218.52 and a 1 year high of $351.85. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.23 and a quick ratio of 0.65.

Burlington Stores (NYSE:BURL) last posted its earnings results on Thursday, March 5th. The company reported $4.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.70 by $0.29. The company had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $2.77 billion. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The firm’s quarterly revenue was up 11.3% on a year-over-year basis. During the same period in the previous year, the firm posted $4.07 earnings per share. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. Research analysts forecast that Burlington Stores, Inc. will post 11.27 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.