Nippon Life Global Investors Americas Inc. Takes Position in Burlington Stores, Inc. $BURL

Nippon Life Global Investors Americas Inc. purchased a new position in Burlington Stores, Inc. (NYSE:BURL) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,700 shares of the company’s stock, valued at approximately $855,000.

Several other institutional investors and hedge funds have also bought and sold shares of BURL. JPL Wealth Management LLC bought a new stake in Burlington Stores during the 3rd quarter valued at approximately $28,000. Harbour Investments Inc. raised its position in shares of Burlington Stores by 44.7% in the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after acquiring an additional 34 shares in the last quarter. Reflection Asset Management purchased a new position in shares of Burlington Stores in the 4th quarter valued at approximately $34,000. Larson Financial Group LLC lifted its stake in shares of Burlington Stores by 180.0% in the 4th quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock valued at $36,000 after purchasing an additional 81 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in shares of Burlington Stores by 235.4% during the second quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after purchasing an additional 113 shares in the last quarter.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on BURL. JPMorgan Chase & Co. reduced their price target on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. Wall Street Zen lowered Burlington Stores from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Morgan Stanley restated an “overweight” rating on shares of Burlington Stores in a report on Thursday, August 6th. Weiss Ratings downgraded shares of Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 23rd. Finally, Citigroup downgraded shares of Burlington Stores from a “buy” rating to a “neutral” rating and set a $380.00 target price on the stock. in a research report on Wednesday, August 5th. Thirteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Burlington Stores has a consensus rating of “Moderate Buy” and a consensus price target of $364.38.

Burlington Stores Price Performance

BURL stock opened at $347.79 on Monday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.49 and a current ratio of 1.16. The firm has a 50 day moving average price of $341.53 and a 200-day moving average price of $323.50. Burlington Stores, Inc. has a 52-week low of $240.49 and a 52-week high of $378.33. The firm has a market capitalization of $21.89 billion, a price-to-earnings ratio of 35.74, a PEG ratio of 1.87 and a beta of 1.44.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.21. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The company had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the prior year, the business posted $1.60 EPS. The firm’s quarterly revenue was up 14.1% compared to the same quarter last year. 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 research analysts forecast that Burlington Stores, Inc. will post 11.74 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Matthew Pasch sold 3,773 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $317.21, for a total value of $1,196,833.33. Following the sale, the insider directly owned 6,523 shares of the company’s stock, valued at approximately $2,069,160.83. This represents a 36.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Stephen Ferroni sold 2,343 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $337.22, for a total value of $790,106.46. Following the transaction, the chief accounting officer owned 1,391 shares of the company’s stock, valued at $469,073.02. The trade was a 62.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 30,392 shares of company stock valued at $10,280,271. 1.30% of the stock is currently owned by corporate insiders.

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.