Daiichi Life Insurance Co. Ltd. Invests $989,000 in Burlington Stores, Inc. $BURL

Daiichi Life Insurance Co. Ltd. acquired a new stake in shares of Burlington Stores, Inc. (NYSE:BURL) during the second quarter, HoldingsChannel reports. The fund acquired 3,121 shares of the company’s stock, valued at approximately $989,000.

Several other institutional investors also recently bought and sold shares of the business. B. Metzler seel. Sohn & Co. AG purchased a new stake in shares of Burlington Stores during the 2nd quarter worth $3,210,000. Bull Harbor Capital LLC bought a new stake in shares of Burlington Stores in the 1st quarter valued at about $1,091,000. Geode Capital Management LLC boosted its holdings in shares of 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 in the last quarter. Swiss National Bank grew its position in shares of Burlington Stores by 6.9% in the 1st quarter. Swiss National Bank now owns 184,640 shares of the company’s stock worth $60,078,000 after buying an additional 11,920 shares during the last quarter. Finally, Intech Investment Management LLC grew its position in shares of Burlington Stores by 35.9% in the 4th quarter. Intech Investment Management LLC now owns 14,345 shares of the company’s stock worth $4,144,000 after buying an additional 3,789 shares during the last quarter.

Insiders Place Their Bets

In other Burlington Stores news, insider Matthew Pasch sold 3,773 shares of Burlington Stores stock in a transaction dated 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 of the company’s stock, valued at approximately $2,069,160.83. The trade was a 36.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CMO Jennifer Vecchio sold 1,678 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $369.04, for a total value of $619,249.12. Following the sale, the chief marketing officer owned 77,661 shares in the company, valued at approximately $28,660,015.44. The trade was a 2.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 30,392 shares of company stock valued at $10,280,271. 1.30% of the stock is owned by company insiders.

Burlington Stores Stock Up 1.3%

NYSE:BURL opened at $330.71 on Tuesday. The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 1.03. Burlington Stores, Inc. has a twelve month low of $240.49 and a twelve month high of $378.33. The company has a market cap of $20.81 billion, a PE ratio of 33.99, a P/E/G ratio of 1.68 and a beta of 1.44. The company’s 50 day moving average is $341.91 and its two-hundred day moving average is $325.17.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. The business 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%. The business’s quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter last 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. Analysts anticipate that Burlington Stores, Inc. will post 12.21 EPS for the current year.

Analyst Ratings Changes

BURL has been the subject of a number of analyst reports. Evercore reissued an “outperform” rating and set a $400.00 target price on shares of Burlington Stores in a research report on Monday, August 17th. Weiss Ratings lowered shares of Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 23rd. Citigroup downgraded Burlington Stores from a “buy” rating to a “neutral” rating and set a $380.00 price target on the stock. in a research report on Wednesday, August 5th. Wells Fargo & Company decreased their price objective on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Finally, Wall Street Zen cut Burlington Stores from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Thirteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $371.50.

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.