Schroder Investment Management Group boosted its holdings in shares of Burlington Stores, Inc. (NYSE:BURL – Free Report) by 9.8% during the 3rd quarter, Holdings Channel reports. The fund owned 225,960 shares of the company’s stock after buying an additional 20,256 shares during the period. Schroder Investment Management Group’s holdings in Burlington Stores were worth $58,250,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of Burlington Stores during the second quarter worth $171,893,000. Vanguard Group Inc. boosted its position in shares of Burlington Stores by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock worth $1,726,070,000 after purchasing an additional 232,358 shares in the last quarter. Westfield Capital Management Co. LP acquired a new stake in shares of Burlington Stores in the 2nd quarter worth $49,702,000. SRS Investment Management LLC grew its stake in Burlington Stores by 15.9% during the 2nd quarter. SRS Investment Management LLC now owns 1,472,137 shares of the company’s stock worth $342,478,000 after buying an additional 201,716 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board acquired a new position in Burlington Stores during the 3rd quarter valued at about $33,403,000.
Wall Street Analyst Weigh In
A number of research firms have commented on BURL. Telsey Advisory Group reiterated an “outperform” rating and issued a $365.00 price target (up from $350.00) on shares of Burlington Stores in a research note on Monday, March 2nd. Evercore reiterated an “outperform” rating and issued a $375.00 target price on shares of Burlington Stores in a research note on Thursday, March 5th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $370.00 price target on shares of Burlington Stores in a report on Thursday, March 5th. Deutsche Bank Aktiengesellschaft began coverage on shares of Burlington Stores in a research note on Thursday, January 8th. They set a “hold” rating and a $318.00 price objective for the company. Finally, Morgan Stanley reduced their target price on Burlington Stores from $330.00 to $310.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Fifteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $355.44.
Burlington Stores Stock Performance
BURL opened at $306.09 on Wednesday. The company has a current ratio of 1.23, a quick ratio of 0.65 and a debt-to-equity ratio of 1.11. Burlington Stores, Inc. has a 12-month low of $212.92 and a 12-month high of $332.20. The firm has a 50 day moving average of $303.83 and a two-hundred day moving average of $283.47. The firm has a market capitalization of $19.26 billion, a PE ratio of 32.15, a P/E/G ratio of 1.84 and a beta of 1.73.
Burlington Stores (NYSE:BURL – Get Free Report) last released its quarterly earnings data on Thursday, March 5th. The company reported $4.99 earnings per share for the quarter, topping analysts’ consensus estimates of $4.70 by $0.29. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The firm had revenue of $3.65 billion for the quarter, compared to analyst estimates of $2.77 billion. During the same quarter in the prior year, the business earned $4.07 earnings per share. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. 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. On average, analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current year.
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.
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