14,095 Shares in Burlington Stores, Inc. $BURL Bought by Palisade Capital Management LP

Palisade Capital Management LP bought a new position in Burlington Stores, Inc. (NYSE:BURL) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 14,095 shares of the company’s stock, valued at approximately $4,465,000.

A number of other institutional investors have also recently bought and sold shares of BURL. BlackRock Inc. acquired a new stake in Burlington Stores during the second quarter valued at approximately $2,157,518,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Burlington Stores by 303,059.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock worth $552,552,000 after buying an additional 1,912,305 shares in the last quarter. Norges Bank bought a new position in shares of Burlington Stores during the 4th quarter worth approximately $224,971,000. Alyeska Investment Group L.P. lifted its position in shares of Burlington Stores by 103.5% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,285,336 shares of the company’s stock worth $371,269,000 after buying an additional 653,718 shares during the period. Finally, Bank of New York Mellon Corp acquired a new stake in Burlington Stores in the 2nd quarter valued at $148,766,000.

Insider Activity at Burlington Stores

In related news, CAO Stephen Ferroni sold 2,343 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction of $790,106.46. Following the transaction, the chief accounting officer owned 1,391 shares in the company, valued at $469,073.02. This represents a 62.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Matthew Pasch sold 3,773 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the sale, the insider directly owned 6,523 shares in the company, valued at approximately $2,069,160.83. This represents a 36.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 30,392 shares of company stock valued at $10,280,271 over the last ninety days. 1.30% of the stock is owned by insiders.

Burlington Stores Trading Down 4.4%

BURL stock opened at $316.17 on Wednesday. The business has a fifty day moving average price of $341.56 and a 200 day moving average price of $325.28. Burlington Stores, Inc. has a fifty-two week low of $240.49 and a fifty-two week high of $378.33. The stock has a market capitalization of $19.90 billion, a price-to-earnings ratio of 32.49, a P/E/G ratio of 1.70 and a beta of 1.44. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings data on Thursday, May 28th. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. The company had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business’s revenue was up 14.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.60 earnings per share. 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. Analysts expect that Burlington Stores, Inc. will post 12.21 EPS for the current fiscal year.

Analyst Ratings Changes

BURL has been the topic of a number of analyst reports. Wells Fargo & Company lowered their price target on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Barclays boosted their target price on shares of Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Evercore reaffirmed an “outperform” rating and issued a $400.00 target price on shares of Burlington Stores in a report on Monday, August 17th. Jefferies Financial Group increased their target price on shares of Burlington Stores from $365.00 to $410.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Finally, JPMorgan Chase & Co. cut their price target on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Thirteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $371.50.

Burlington Stores 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.