Burlington Stores (NYSE:BURL) Price Target Raised to $400.00 at Wells Fargo & Company

Burlington Stores (NYSE:BURL) had its target price upped by Wells Fargo & Company from $350.00 to $400.00 in a research report report published on Friday morning,Benzinga reports. They currently have an overweight rating on the stock.

A number of other brokerages have also commented on BURL. Guggenheim started coverage on Burlington Stores in a research note on Tuesday, December 9th. They set a “neutral” rating on the stock. JPMorgan Chase & Co. upped their price objective on Burlington Stores from $316.00 to $356.00 and gave the company an “overweight” rating in a research note on Monday, February 23rd. Morgan Stanley dropped their price objective on shares of Burlington Stores from $330.00 to $310.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Evercore reiterated an “outperform” rating and set a $375.00 target price on shares of Burlington Stores in a research report on Thursday. Finally, TD Cowen reissued a “buy” rating on shares of Burlington Stores in a report on Wednesday, November 26th. Fifteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Burlington Stores currently has an average rating of “Moderate Buy” and a consensus target price of $355.44.

Burlington Stores Price Performance

Shares of NYSE:BURL traded down $15.79 during trading on Friday, hitting $305.68. 1,059,852 shares of the company were exchanged, compared to its average volume of 829,708. Burlington Stores has a 1-year low of $212.92 and a 1-year high of $332.20. The company has a market capitalization of $19.24 billion, a P/E ratio of 32.11, a price-to-earnings-growth ratio of 1.78 and a beta of 1.73. The company has a quick ratio of 0.46, a current ratio of 1.23 and a debt-to-equity ratio of 1.11. The business’s 50 day moving average is $303.17 and its 200-day moving average is $283.03.

Burlington Stores (NYSE:BURL) last released its quarterly earnings data on Thursday, March 5th. The company reported $4.99 earnings per share for the quarter, beating the consensus estimate of $4.70 by $0.29. The company had revenue of $3.65 billion for 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 quarter last year, the business posted $4.07 EPS. 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. Equities analysts forecast that Burlington Stores will post 7.93 earnings per share for the current year.

Institutional Investors Weigh In On Burlington Stores

Several institutional investors and hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Burlington Stores by 14.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after acquiring an additional 38 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in Burlington Stores by 1,604.7% during the 1st quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock worth $345,000 after purchasing an additional 1,364 shares during the last quarter. Assetmark Inc. lifted its position in shares of Burlington Stores by 19.2% in the 2nd quarter. Assetmark Inc. now owns 998 shares of the company’s stock worth $232,000 after purchasing an additional 161 shares during the period. First Horizon Advisors Inc. lifted its position in shares of Burlington Stores by 25.7% in the 2nd quarter. First Horizon Advisors Inc. now owns 607 shares of the company’s stock worth $141,000 after purchasing an additional 124 shares during the period. Finally, Resona Asset Management Co. Ltd. boosted its stake in shares of Burlington Stores by 6.3% in the 2nd quarter. Resona Asset Management Co. Ltd. now owns 20,969 shares of the company’s stock valued at $4,873,000 after purchasing an additional 1,251 shares during the last quarter.

Key Stories Impacting Burlington Stores

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

• Positive Sentiment: Q4 beat — Burlington delivered $4.99 EPS (vs. ~$4.70 consensus), revenue of ~$3.65B and 4% comps with margin expansion, driving 21% EPS growth for the year; this underpins the bullish case for durable off‑price demand. Earnings Release
• Positive Sentiment: FY 2026 guidance raised — Burlington set FY EPS guidance of $10.95–$11.45 (above consensus) and increased revenue guidance, reinforcing longer‑term earnings upside. Guidance/Seeking Alpha
• Positive Sentiment: Analysts materially bumped targets — Citi, Wells Fargo, JPMorgan, Robert W. Baird and others raised price targets and ratings (Wells to $400, Citi to $380, JPMorgan to $365, Baird to $375), signaling strong sell‑side conviction on upside. Benzinga
• Neutral Sentiment: Media/analysis context — Coverage (Barron’s, Seeking Alpha, Zacks) highlights that Burlington’s performance could make comp growth more predictable, but notes the company still faces retail cyclicality and tariff/price dynamics. Barron’s
• Negative Sentiment: Near‑term guide miss concerns — Q1 EPS guidance of $1.60–$1.75 is below some Street estimates, which can prompt short‑term profit‑taking despite the stronger FY view. Company Press Release (guidance)
• Negative Sentiment: Unusual options activity — heavy put buying (notable jump in put volume) signals hedging or bearish bets, which can amplify downward pressure in volatile trading. (Reported market options flow)

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.