Nykredit A S purchased a new position in Burlington Stores, Inc. (NYSE:BURL – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 33,222 shares of the company’s stock, valued at approximately $10,525,000. Nykredit A S owned approximately 0.05% of Burlington Stores at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. B. Metzler seel. Sohn & Co. AG purchased a new position in Burlington Stores during the second quarter valued at $3,210,000. Bull Harbor Capital LLC purchased a new stake in shares of Burlington Stores in the 1st quarter worth about $1,091,000. Advisors Capital Management LLC purchased a new stake in shares of Burlington Stores in the 2nd quarter worth about $3,133,000. Sculptor Capital LP bought a new position in shares of Burlington Stores in the 2nd quarter worth about $56,549,000. Finally, Geode Capital Management LLC increased its stake 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 worth $355,261,000 after acquiring an additional 27,074 shares in the last quarter.
Trending Headlines about Burlington Stores
Here are the key news stories impacting Burlington Stores this week:
- Positive Sentiment: Burlington plans to invest approximately $370 million in a new headquarters in Philadelphia’s University City and relocate about 2,000 employees. Pennsylvania officials are promoting the project as a major economic-development win, while the investment could provide a modernized corporate base and access to talent. Pennsylvania officials tout Burlington headquarters move
- Positive Sentiment: The stock’s recent selloff has pushed its relative-strength index to deeply oversold levels, which may attract bargain hunters. Burlington also raised its full-year earnings outlook despite issuing cautious near-term guidance, supporting the longer-term growth narrative. Burlington RSI and valuation analysis
- Neutral Sentiment: The relocation is primarily a corporate and regional investment decision rather than a change to Burlington’s store strategy or sales outlook. Reports describe the announcement as a major move after roughly 50 years in New Jersey, with political leaders in both states debating its costs and benefits. Political response to Burlington relocation
- Negative Sentiment: Investors may remain cautious because Burlington’s latest quarterly outlook called for third-quarter EPS of $1.60 to $1.70, while management’s recent guidance was viewed as conservative. The headquarters transition could also create one-time costs before any efficiency benefits are realized. Burlington headquarters relocation details
Burlington Stores Stock Up 2.7%
Burlington Stores (NYSE:BURL – Get Free Report) last posted its quarterly earnings results on Thursday, August 27th. The company reported $2.96 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 business’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $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, analysts anticipate that Burlington Stores, Inc. will post 12.9 EPS for the current fiscal year.
Analysts Set New Price Targets
Several equities research analysts recently commented on the stock. Wall Street Zen lowered shares of Burlington Stores from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Jefferies Financial Group lifted their target price on shares of Burlington Stores from $365.00 to $410.00 and gave the company a “buy” rating in a report on Friday, August 14th. Evercore reissued an “outperform” rating and issued a $400.00 price target on shares of Burlington Stores in a research report on Monday, August 17th. Wells Fargo & Company set a $370.00 price target on Burlington Stores in a research note on Friday, August 28th. Finally, Barclays raised their price objective on Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. Fourteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $370.75.
Get Our Latest Analysis on Burlington Stores
Insider Buying and Selling at Burlington Stores
In other Burlington Stores news, CAO Stephen Ferroni sold 2,343 shares of Burlington Stores stock in a transaction 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CMO Jennifer Vecchio sold 1,678 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $369.04, for a total value 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 SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 26,619 shares of company stock worth $9,083,438. Company insiders own 1.30% of the company’s stock.
Burlington Stores 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.
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