Burlington Stores, Inc. $BURL Shares Bought by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. grew its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 44.7% during the first quarter, Holdings Channel reports. The firm owned 342,741 shares of the company’s stock after purchasing an additional 105,942 shares during the quarter. Burlington Stores comprises about 1.1% of Vaughan Nelson Investment Management L.P.’s holdings, making the stock its 21st largest position. Vaughan Nelson Investment Management L.P.’s holdings in Burlington Stores were worth $111,521,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. T. Rowe Price Investment Management Inc. boosted its stake in shares of 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 increased its stake in Burlington Stores by 1.2% during the 3rd quarter. State Street Corp now owns 2,184,171 shares of the company’s stock worth $555,872,000 after buying an additional 26,529 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Burlington Stores by 303,059.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock worth $552,552,000 after buying an additional 1,912,305 shares in the last quarter. Alyeska Investment Group L.P. lifted its holdings in Burlington Stores by 103.5% during the 4th 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 in the last quarter. Finally, Geode Capital Management LLC boosted its position in Burlington Stores by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 1,233,176 shares of the company’s stock valued at $355,261,000 after buying an additional 27,074 shares during the period.

Burlington Stores Stock Down 0.2%

Shares of NYSE BURL opened at $336.30 on Monday. The business has a 50-day moving average of $321.72 and a two-hundred day moving average of $307.38. The company has a market capitalization of $21.17 billion, a price-to-earnings ratio of 34.56, a price-to-earnings-growth ratio of 1.82 and a beta of 1.46. 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 1.03, a current ratio of 1.16 and a quick ratio of 0.49.

Burlington Stores (NYSE:BURL) last released its quarterly earnings data on Thursday, May 28th. The company reported $2.01 EPS 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 business had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the prior year, the business posted $1.60 EPS. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. 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, analysts forecast that Burlington Stores, Inc. will post 11.71 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BURL has been the subject of several research reports. Wall Street Zen upgraded shares of Burlington Stores from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. Truist Financial increased their price objective on Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a research note on Thursday, May 28th. Evercore reiterated an “outperform” rating and issued a $375.00 target price on shares of Burlington Stores in a report on Thursday, March 5th. Robert W. Baird boosted their target price on Burlington Stores from $345.00 to $375.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $365.00 target price on shares of Burlington Stores in a research note on Friday, May 29th. Fifteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $353.56.

Insiders Place Their Bets

In related news, insider Matthew Pasch sold 3,773 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $317.21, for a total value of $1,196,833.33. Following the completion of the transaction, the insider directly owned 6,523 shares of the company’s stock, valued at $2,069,160.83. This represents a 36.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Travis Marquette sold 3,759 shares of the stock in a transaction that occurred 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 owned 26,350 shares in the company, valued at $8,636,212.50. This represents a 12.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 30,795 shares of company stock worth $10,363,760 in the last three months. 1.30% of the stock is owned by company insiders.

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.