Burlington Stores, Inc. $BURL Shares Bought by Logan Capital Management Inc.

Logan Capital Management Inc. boosted its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 7.3% in the fourth quarter, HoldingsChannel reports. The firm owned 58,953 shares of the company’s stock after buying an additional 4,019 shares during the period. Logan Capital Management Inc.’s holdings in Burlington Stores were worth $17,029,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BURL. Northwestern Mutual Wealth Management Co. lifted its position in Burlington Stores by 303,059.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock valued at $552,552,000 after purchasing an additional 1,912,305 shares during the period. Norges Bank acquired a new position in shares of Burlington Stores in the fourth quarter worth about $224,971,000. Junto Capital Management LP raised its position in shares of Burlington Stores by 168.4% in the third quarter. Junto Capital Management LP now owns 503,080 shares of the company’s stock worth $128,034,000 after acquiring an additional 315,664 shares during the period. Vanguard Group Inc. raised its position in shares of Burlington Stores by 3.5% in the third quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock worth $1,726,070,000 after acquiring an additional 232,358 shares during the period. Finally, Wellington Management Group LLP raised its position in shares of Burlington Stores by 536.2% in the third quarter. Wellington Management Group LLP now owns 269,633 shares of the company’s stock worth $68,622,000 after acquiring an additional 227,254 shares during the period.

Insider Activity

In related news, insider Matthew Pasch sold 3,773 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were 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. This represents a 36.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Travis Marquette sold 3,759 shares of the company’s stock in a transaction dated 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 position. Additional details regarding this sale are available in the official SEC disclosure. 1.30% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

BURL has been the subject of a number of analyst reports. Evercore reiterated an “outperform” rating and issued a $375.00 price objective on shares of Burlington Stores in a research report on Thursday, March 5th. Wells Fargo & Company decreased their price objective on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. JPMorgan Chase & Co. decreased their price objective on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Bank of America upped their price objective on shares of Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Finally, Wall Street Zen upgraded shares of Burlington Stores from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. Fifteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $353.56.

Burlington Stores Stock Up 4.6%

BURL stock opened at $342.10 on Friday. The stock has a market capitalization of $21.53 billion, a P/E ratio of 35.16, a P/E/G ratio of 1.76 and a beta of 1.46. The firm has a 50-day simple moving average of $321.26 and a 200-day simple moving average of $304.12. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 1.03. Burlington Stores, Inc. has a 52 week low of $218.52 and a 52 week high of $351.85.

Burlington Stores (NYSE:BURL) last released its earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The business had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.80 billion. During the same quarter in the previous year, the company earned $1.60 earnings per share. The company’s quarterly 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. Equities analysts forecast that Burlington Stores, Inc. will post 11.7 earnings per share for the current fiscal year.

Burlington Stores Company 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.