QRG Capital Management Inc. Boosts Stock Holdings in Burlington Stores, Inc. $BURL

QRG Capital Management Inc. grew its position in shares of Burlington Stores, Inc. (NYSE:BURL) by 76.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,098 shares of the company’s stock after buying an additional 1,778 shares during the quarter. QRG Capital Management Inc.’s holdings in Burlington Stores were worth $1,184,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Burlington Stores by 3.5% during the third quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock valued at $1,726,070,000 after buying an additional 232,358 shares during the last quarter. State Street Corp grew its holdings in shares of Burlington Stores by 1.2% during the third quarter. State Street Corp now owns 2,184,171 shares of the company’s stock valued at $555,872,000 after buying an additional 26,529 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Burlington Stores by 17.5% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,110,632 shares of the company’s stock valued at $320,806,000 after buying an additional 165,078 shares during the last quarter. Dorsal Capital Management LP grew its holdings in shares of Burlington Stores by 6.7% during the third quarter. Dorsal Capital Management LP now owns 800,000 shares of the company’s stock valued at $203,600,000 after buying an additional 50,000 shares during the last quarter. Finally, UBS Group AG grew its holdings in shares of Burlington Stores by 42.7% during the fourth quarter. UBS Group AG now owns 565,649 shares of the company’s stock valued at $163,388,000 after buying an additional 169,184 shares during the last quarter.

Burlington Stores Stock Down 0.6%

Shares of BURL stock opened at $304.74 on Friday. The company has a 50 day simple moving average of $319.92 and a two-hundred day simple moving average of $297.84. The stock has a market cap of $19.15 billion, a P/E ratio of 32.01, a P/E/G ratio of 1.86 and a beta of 1.48. Burlington Stores, Inc. has a 12 month low of $218.52 and a 12 month high of $351.85. The company has a current ratio of 1.23, a quick ratio of 0.65 and a debt-to-equity ratio of 1.11.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings data on Thursday, March 5th. The company reported $4.99 EPS for the quarter, topping the consensus estimate of $4.70 by $0.29. The firm had revenue of $3.65 billion during the quarter, compared to analyst estimates of $2.77 billion. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.Burlington Stores’s revenue was up 11.3% on a year-over-year basis. During the same period in the prior year, the business posted $4.07 EPS. 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. On average, research analysts expect that Burlington Stores, Inc. will post 11.27 earnings per share for the current year.

Insider Buying and Selling at Burlington Stores

In related news, COO Travis Marquette sold 3,759 shares of the business’s stock in a transaction that occurred on Tuesday, March 24th. The stock was 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 approximately $8,636,212.50. The trade was a 12.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.30% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on BURL. Telsey Advisory Group reiterated an “outperform” rating and set a $365.00 price target on shares of Burlington Stores in a report on Tuesday, March 31st. Robert W. Baird increased their price objective on shares of Burlington Stores from $345.00 to $375.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Weiss Ratings upgraded shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. Citigroup increased their price objective on shares of Burlington Stores from $351.00 to $380.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Burlington Stores from $356.00 to $365.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Sixteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Burlington Stores has an average rating of “Moderate Buy” and an average target price of $355.44.

About Burlington Stores

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.