Burlington Stores, Inc. (NYSE:BURL – Get Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $332.72 and last traded at $331.4190, with a volume of 154694 shares. The stock had previously closed at $325.38.
Wall Street Analyst Weigh In
A number of brokerages recently commented on BURL. Weiss Ratings upgraded Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. Deutsche Bank Aktiengesellschaft started coverage on shares of Burlington Stores in a research note on Thursday, January 8th. They set a “hold” rating and a $318.00 price objective for the company. Wells Fargo & Company upped their price objective on shares of Burlington Stores from $350.00 to $400.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Telsey Advisory Group reiterated an “outperform” rating and issued a $365.00 price objective on shares of Burlington Stores in a research note on Tuesday. Finally, Barclays raised their target price on shares of Burlington Stores from $331.00 to $335.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Sixteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Burlington Stores currently has a consensus rating of “Moderate Buy” and an average price target of $355.44.
Read Our Latest Research Report on Burlington Stores
Burlington Stores Stock Performance
Burlington Stores (NYSE:BURL – Get Free Report) last announced its quarterly earnings results on Thursday, March 5th. The company reported $4.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.70 by $0.29. The company had revenue of $3.65 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 11.3% on a year-over-year basis. During the same period in the previous year, the company 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. On average, sell-side analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.
Insider Transactions at Burlington Stores
In related news, COO Travis Marquette sold 3,759 shares of the stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the sale, the chief operating officer directly owned 26,350 shares of the company’s stock, valued at approximately $8,636,212.50. This represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 1.10% of the company’s stock.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of BURL. Hsbc Holdings PLC grew its position in shares of Burlington Stores by 22.2% during the 4th quarter. Hsbc Holdings PLC now owns 75,846 shares of the company’s stock valued at $21,998,000 after acquiring an additional 13,799 shares during the period. Rockefeller Capital Management L.P. raised its holdings in Burlington Stores by 51.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,873 shares of the company’s stock worth $1,119,000 after purchasing an additional 1,309 shares during the period. Corient Private Wealth LLC raised its holdings in Burlington Stores by 9.1% in the 4th quarter. Corient Private Wealth LLC now owns 1,427 shares of the company’s stock worth $412,000 after purchasing an additional 119 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Burlington Stores during the fourth quarter worth approximately $1,878,000. Finally, Reflection Asset Management purchased a new position in Burlington Stores during the fourth quarter worth approximately $34,000.
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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