Susquehanna Fundamental Investments LLC Makes New $1.86 Million Investment in Burlington Stores, Inc. $BURL

Susquehanna Fundamental Investments LLC purchased a new stake in shares of Burlington Stores, Inc. (NYSE:BURL) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 5,883 shares of the company’s stock, valued at approximately $1,864,000.

Several other large investors have also recently made changes to their positions in BURL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Burlington Stores by 14.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock worth $72,000 after acquiring an additional 38 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Burlington Stores by 1,604.7% during the 1st quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock valued at $345,000 after purchasing an additional 1,364 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in Burlington Stores by 91.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 698 shares of the company’s stock worth $162,000 after purchasing an additional 334 shares during the period. Daiwa Securities Group Inc. raised its position in Burlington Stores by 12.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 7,459 shares of the company’s stock worth $1,735,000 after purchasing an additional 821 shares during the period. Finally, AXA S.A. lifted its stake in Burlington Stores by 1,033.2% in the second quarter. AXA S.A. now owns 10,754 shares of the company’s stock worth $2,502,000 after purchasing an additional 9,805 shares during the last quarter.

Burlington Stores Trading Up 1.0%

Shares of BURL opened at $262.39 on Wednesday. The stock has a market capitalization of $16.48 billion, a P/E ratio of 23.55, a PEG ratio of 1.37 and a beta of 1.43. Burlington Stores, Inc. has a twelve month low of $240.49 and a twelve month high of $378.33. The company has a quick ratio of 0.47, a current ratio of 1.17 and a debt-to-equity ratio of 0.95. The firm has a fifty day simple moving average of $335.98 and a two-hundred day simple moving average of $324.26.

Burlington Stores (NYSE:BURL) last released its quarterly earnings data on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.77. The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.03 billion. Burlington Stores had a net margin of 5.85% and a return on equity of 41.72%. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.72 earnings per share. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. On average, research analysts anticipate that Burlington Stores, Inc. will post 12.9 EPS for the current year.

Wall Street Analyst Weigh In

BURL has been the subject of several analyst reports. Truist Financial upped their price target on shares of Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Citigroup decreased their price objective on Burlington Stores from $380.00 to $318.00 and set a “neutral” rating on the stock in a report on Friday, August 28th. Bank of America boosted their target price on Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Deutsche Bank Aktiengesellschaft dropped their target price on Burlington Stores from $367.00 to $323.00 and set a “hold” rating for the company in a report on Friday. Finally, Weiss Ratings upgraded Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 26th. Fourteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $370.75.

Insider Buying and Selling

In other Burlington Stores news, CMO Jennifer Vecchio sold 1,678 shares of the company’s stock in a transaction that occurred 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 $28,660,015.44. This represents a 2.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Stephen Ferroni sold 2,343 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $337.22, for a total value of $790,106.46. Following the completion of the sale, the chief accounting officer owned 1,391 shares of the company’s stock, valued at approximately $469,073.02. This trade represents a 62.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 30,392 shares of company stock valued at $10,280,271 over the last ninety days. 1.30% of the stock is owned by 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.