Burlington Stores, Inc. $BURL Stock Position Raised by Handelsbanken Fonder AB

Handelsbanken Fonder AB lifted its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 16.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,720 shares of the company’s stock after buying an additional 2,620 shares during the period. Handelsbanken Fonder AB’s holdings in Burlington Stores were worth $5,407,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Stone House Investment Management LLC bought a new stake in shares of Burlington Stores during the 4th quarter valued at about $25,000. JPL Wealth Management LLC bought a new stake in shares of Burlington Stores during the 3rd quarter valued at about $28,000. Root Financial Partners LLC bought a new stake in shares of Burlington Stores during the 3rd quarter valued at about $30,000. Geneos Wealth Management Inc. grew its position in shares of Burlington Stores by 235.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after buying an additional 113 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its position in shares of Burlington Stores by 38.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 170 shares of the company’s stock valued at $45,000 after buying an additional 47 shares during the last quarter.

Insider Activity

In other news, 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 value 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. This trade represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.30% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

BURL has been the subject of a number of recent research reports. Truist Financial initiated coverage on shares of Burlington Stores in a research report on Monday, May 18th. They set a “hold” rating and a $305.00 price objective for the company. Wells Fargo & Company boosted their price objective on shares of Burlington Stores from $350.00 to $400.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $365.00 price objective on shares of Burlington Stores in a research report on Tuesday, March 31st. Evercore reaffirmed an “outperform” rating and set a $375.00 price objective on shares of Burlington Stores in a research report on Thursday, March 5th. Finally, Robert W. Baird boosted 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. Sixteen equities research analysts have rated the stock with a Buy rating and five 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 price target of $353.00.

Burlington Stores Trading Up 2.7%

Burlington Stores stock opened at $324.60 on Friday. The firm has a 50 day simple moving average of $318.29 and a 200-day simple moving average of $299.79. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.23 and a quick ratio of 0.65. The stock has a market capitalization of $20.39 billion, a PE ratio of 34.10, a price-to-earnings-growth ratio of 1.91 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.

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