Marsico Capital Management LLC Makes New $12.78 Million Investment in Burlington Stores, Inc. $BURL

Marsico Capital Management LLC bought a new position in Burlington Stores, Inc. (NYSE:BURL) during the fourth quarter, HoldingsChannel.com reports. The fund bought 44,242 shares of the company’s stock, valued at approximately $12,779,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Aviva PLC increased its stake in Burlington Stores by 5.7% in the fourth quarter. Aviva PLC now owns 52,635 shares of the company’s stock worth $15,204,000 after purchasing an additional 2,843 shares during the period. Logan Capital Management Inc. raised its holdings in shares of Burlington Stores by 7.3% in the fourth quarter. Logan Capital Management Inc. now owns 58,953 shares of the company’s stock valued at $17,029,000 after acquiring an additional 4,019 shares in the last quarter. Primecap Management Co. CA lifted its stake in Burlington Stores by 33.6% in the fourth quarter. Primecap Management Co. CA now owns 807,190 shares of the company’s stock worth $233,157,000 after acquiring an additional 203,220 shares during the period. Meeder Asset Management Inc. lifted its stake in Burlington Stores by 939.5% in the fourth quarter. Meeder Asset Management Inc. now owns 447 shares of the company’s stock worth $129,000 after acquiring an additional 404 shares during the period. Finally, Deutsche Bank AG grew its holdings in Burlington Stores by 3.7% during the 4th quarter. Deutsche Bank AG now owns 224,895 shares of the company’s stock worth $64,961,000 after acquiring an additional 7,931 shares in the last quarter.

Burlington Stores Stock Up 4.6%

Shares of Burlington Stores stock opened at $342.10 on Friday. 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 has a market cap of $21.53 billion, a P/E ratio of 35.16, a PEG ratio of 1.76 and a beta of 1.46. The firm’s 50 day moving average price is $321.26 and its 200-day moving average price is $304.12. Burlington Stores, Inc. has a 52-week low of $218.52 and a 52-week high of $351.85.

Burlington Stores (NYSE:BURL) last posted its earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. The company had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. Burlington Stores’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.60 earnings per share. 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, sell-side analysts predict that Burlington Stores, Inc. will post 11.7 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Evercore reissued an “outperform” rating and set a $375.00 target price on shares of Burlington Stores in a research report on Thursday, March 5th. Wells Fargo & Company dropped their price objective on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. Robert W. Baird lifted their price objective on shares of Burlington Stores from $345.00 to $375.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Weiss Ratings raised shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 23rd. Finally, Telsey Advisory Group restated an “outperform” rating and set a $365.00 target price on shares of Burlington Stores in a report on Tuesday, March 31st. Fifteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $353.56.

Insider Buying and Selling at Burlington Stores

In other news, insider Matthew Pasch sold 3,773 shares of the stock in a transaction on Friday, June 5th. The stock was 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 owned 6,523 shares in the company, valued at approximately $2,069,160.83. This represents a 36.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Travis Marquette sold 3,759 shares of the stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total value of $1,232,012.25. Following the sale, the chief operating officer owned 26,350 shares of the company’s stock, valued at approximately $8,636,212.50. This represents a 12.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.30% of the company’s stock.

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.