Legal & General Group Plc Sells 14,546 Shares of Burlington Stores, Inc. $BURL

Legal & General Group Plc cut its stake in Burlington Stores, Inc. (NYSE:BURL) by 4.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 286,664 shares of the company’s stock after selling 14,546 shares during the period. Legal & General Group Plc’s holdings in Burlington Stores were worth $82,803,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Signaturefd LLC increased its stake in shares of Burlington Stores by 4.4% in the 4th quarter. Signaturefd LLC now owns 787 shares of the company’s stock valued at $227,000 after acquiring an additional 33 shares during the last quarter. Fifth Third Bancorp increased its stake in shares of Burlington Stores by 6.4% in the 4th quarter. Fifth Third Bancorp now owns 585 shares of the company’s stock valued at $169,000 after acquiring an additional 35 shares during the last quarter. Vident Advisory LLC increased its stake in shares of Burlington Stores by 1.1% in the 2nd quarter. Vident Advisory LLC now owns 3,330 shares of the company’s stock valued at $775,000 after acquiring an additional 36 shares during the last quarter. Archer Investment Corp increased its stake in shares of Burlington Stores by 6.1% in the 3rd quarter. Archer Investment Corp now owns 640 shares of the company’s stock valued at $163,000 after acquiring an additional 37 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of Burlington Stores by 17.8% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 251 shares of the company’s stock valued at $73,000 after acquiring an additional 38 shares during the last quarter.

Insiders Place Their Bets

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the completion of the transaction, the chief operating officer owned 26,350 shares of the company’s stock, valued at $8,636,212.50. This represents a 12.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.30% of the stock is currently owned by company insiders.

Burlington Stores Trading Up 7.8%

NYSE:BURL opened at $323.88 on Friday. Burlington Stores, Inc. has a twelve month low of $218.52 and a twelve month high of $351.85. The company has a quick ratio of 0.65, a current ratio of 1.16 and a debt-to-equity ratio of 1.03. The business has a 50 day moving average price of $320.30 and a two-hundred day moving average price of $301.40. The company has a market cap of $20.35 billion, a P/E ratio of 33.29, a price-to-earnings-growth ratio of 1.79 and a beta of 1.48.

Burlington Stores (NYSE:BURL) last released its quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The firm had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the prior year, the firm posted $1.60 EPS. The business’s revenue was up 14.1% on a year-over-year basis. 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. As a group, analysts expect that Burlington Stores, Inc. will post 11.46 EPS for the current fiscal year.

Trending Headlines about Burlington Stores

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: Bank of America raised its price target on Burlington Stores to $375 and reiterated a buy rating, signaling confidence in further upside. Benzinga
• Positive Sentiment: Wells Fargo kept an overweight rating and lifted its target to $375, following stronger-than-expected quarterly performance and improved guidance. Tickerreport.com
• Positive Sentiment: Burlington reported first-quarter EPS of $2.01 versus $1.77 expected and revenue of $2.86 billion versus $2.80 billion expected, extending its streak of double-digit EPS growth to 14 quarters. GlobeNewswire release
• Positive Sentiment: The company raised fiscal 2026 EPS guidance to $11.45-$11.80, above consensus, and outlined plans for 115 net new stores, reinforcing the growth outlook. MSN article
• Neutral Sentiment: JPMorgan lowered its price target to $351 but maintained an overweight rating, which is still supportive despite the smaller target. Benzinga
• Neutral Sentiment: Some traders bought large volumes of put options, suggesting hedging or caution even as fundamentals improved. American Banking News
• Negative Sentiment: JPMorgan and Wells Fargo both trimmed their price targets from prior levels, indicating analysts see a bit less upside than before despite keeping bullish ratings. Benzinga
• Negative Sentiment: Reports noted the stock sold off after earnings even though Burlington beat estimates, suggesting investors may have been focused on valuation or taking profits after the run-up. Benzinga earnings article

Analysts Set New Price Targets

A number of analysts have recently commented on BURL shares. Bank of America upped their price target on Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a research note on Friday. Weiss Ratings raised Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 23rd. Barclays boosted 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. 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 research report on Friday. Finally, Citigroup boosted their price objective on Burlington Stores from $351.00 to $380.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Fifteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Burlington Stores presently has a consensus rating of “Moderate Buy” and an average price target of $353.56.

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.