Swiss National Bank reduced its stake in Burlington Stores, Inc. (NYSE:BURL – Free Report) by 4.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 181,900 shares of the company’s stock after selling 9,200 shares during the period. Swiss National Bank’s holdings in Burlington Stores were worth $46,294,000 at the end of the most recent reporting period.
Several other hedge funds also recently added to or reduced their stakes in the stock. Vident Advisory LLC lifted its stake in shares of Burlington Stores by 1.1% during the second quarter. Vident Advisory LLC now owns 3,330 shares of the company’s stock worth $775,000 after purchasing an additional 36 shares in the last quarter. Archer Investment Corp boosted its position in shares of Burlington Stores by 6.1% in the third quarter. Archer Investment Corp now owns 640 shares of the company’s stock worth $163,000 after buying an additional 37 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Burlington Stores by 14.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after buying an additional 38 shares in the last quarter. Bessemer Group Inc. grew its stake in shares of Burlington Stores by 8.2% in the third quarter. Bessemer Group Inc. now owns 527 shares of the company’s stock valued at $133,000 after buying an additional 40 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its holdings 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 period.
Analysts Set New Price Targets
Several research firms recently commented on BURL. Jefferies Financial Group restated a “buy” rating and issued a $370.00 price target on shares of Burlington Stores in a report on Thursday, March 5th. Guggenheim began coverage on shares of Burlington Stores in a research note on Tuesday, December 9th. They set a “neutral” rating on the stock. Sanford C. Bernstein set a $350.00 target price on shares of Burlington Stores and gave the stock an “outperform” rating in a research report on Tuesday, January 6th. Evercore restated an “outperform” rating and issued a $375.00 target price on shares of Burlington Stores in a research note on Thursday, March 5th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $365.00 price target (up from $350.00) on shares of Burlington Stores in a report on Monday, March 2nd. Fifteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $355.44.
Burlington Stores Trading Down 3.7%
Shares of BURL opened at $292.75 on Friday. Burlington Stores, Inc. has a one year low of $212.92 and a one year high of $332.20. The stock has a 50-day moving average price of $304.21 and a 200 day moving average price of $283.67. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.65 and a current ratio of 1.23. The company has a market capitalization of $18.42 billion, a P/E ratio of 30.75, a P/E/G ratio of 1.85 and a beta of 1.73.
Burlington Stores (NYSE:BURL – Get Free Report) last posted its quarterly earnings data on Thursday, March 5th. The company reported $4.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.70 by $0.29. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The company had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $2.77 billion. During the same period in the previous year, the business earned $4.07 EPS. Burlington Stores’s revenue for the quarter was up 11.3% compared to the same quarter last year. 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. Sell-side analysts forecast that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.
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.
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