Chicago Partners Investment Group LLC Buys Shares of 4,308 Burlington Stores, Inc. $BURL

Chicago Partners Investment Group LLC bought a new stake in Burlington Stores, Inc. (NYSE:BURL) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,308 shares of the company’s stock, valued at approximately $1,452,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in BURL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Burlington Stores by 14.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after purchasing an additional 38 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Burlington Stores by 1,604.7% in the 1st quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock valued at $345,000 after purchasing an additional 1,364 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Burlington Stores by 91.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 698 shares of the company’s stock valued at $162,000 after purchasing an additional 334 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Burlington Stores by 12.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 7,459 shares of the company’s stock valued at $1,735,000 after purchasing an additional 821 shares during the last quarter. Finally, AXA S.A. raised its holdings in shares of Burlington Stores by 1,033.2% during the 2nd quarter. AXA S.A. now owns 10,754 shares of the company’s stock worth $2,502,000 after buying an additional 9,805 shares in the last quarter.

Analysts Set New Price Targets

Several brokerages recently weighed in on BURL. Wells Fargo & Company dropped their price objective on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Weiss Ratings raised Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 7th. Bank of America increased their target price on shares of Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a report on Friday, May 29th. UBS Group restated a “buy” rating and issued a $435.00 price target on shares of Burlington Stores in a research note on Friday, May 29th. Finally, Truist Financial lifted their price target on shares of Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a report on Thursday, May 28th. Fifteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $353.56.

Insider Activity

In related news, CAO Stephen Ferroni sold 2,343 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the chief accounting officer owned 1,391 shares in the company, valued at $469,073.02. This trade represents a 62.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CMO Jennifer Vecchio sold 20,920 shares of Burlington Stores stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $341.53, for a total transaction of $7,144,807.60. Following the sale, the chief marketing officer owned 81,017 shares in the company, valued at approximately $27,669,736.01. This represents a 20.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 28,714 shares of company stock valued at $9,661,022 over the last quarter. 1.30% of the stock is owned by company insiders.

Burlington Stores Trading Up 3.2%

NYSE BURL opened at $344.97 on Thursday. The company has a market cap of $21.71 billion, a price-to-earnings ratio of 35.45, a price-to-earnings-growth ratio of 1.80 and a beta of 1.46. Burlington Stores, Inc. has a twelve month low of $240.49 and a twelve month high of $351.85. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 1.03. The business’s fifty day moving average is $318.98 and its 200 day moving average is $314.31.

Burlington Stores (NYSE:BURL) last posted its earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating 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 firm had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same period last year, the company earned $1.60 earnings per share. The business’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. As a group, sell-side analysts expect that Burlington Stores, Inc. will post 11.71 EPS for the current fiscal 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.