Deutsche Bank AG Acquires New Holdings in Burlington Stores, Inc. $BURL

Deutsche Bank AG bought a new stake in shares of Burlington Stores, Inc. (NYSE:BURL) in the second quarter, Holdings Channel.com reports. The firm bought 218,954 shares of the company’s stock, valued at approximately $69,365,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BURL. Harbour Investments Inc. increased its stake in shares of Burlington Stores by 44.7% in the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after purchasing an additional 34 shares during the period. JPL Wealth Management LLC bought a new stake in shares of Burlington Stores during the third quarter valued at approximately $28,000. Reflection Asset Management acquired a new position in shares of Burlington Stores during the fourth quarter worth approximately $34,000. Larson Financial Group LLC boosted its position in shares of Burlington Stores by 180.0% during the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock worth $36,000 after buying an additional 81 shares during the period. Finally, Geneos Wealth Management Inc. grew its holdings in Burlington Stores by 235.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock worth $37,000 after buying an additional 113 shares in the last quarter.

Analysts Set New Price Targets

Several research firms recently commented on BURL. Truist Financial raised their target price on Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Barclays increased their price target on Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Weiss Ratings lowered Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 23rd. Morgan Stanley restated an “overweight” rating on shares of Burlington Stores in a research note on Thursday, August 6th. Finally, Jefferies Financial Group upped their price objective on shares of Burlington Stores from $365.00 to $410.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Thirteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $371.50.

Burlington Stores Price Performance

Shares of NYSE:BURL opened at $333.17 on Friday. Burlington Stores, Inc. has a 12 month low of $240.49 and a 12 month high of $378.33. The stock has a market cap of $20.97 billion, a price-to-earnings ratio of 34.24, a PEG ratio of 1.81 and a beta of 1.44. The stock’s 50 day moving average price is $342.25 and its 200 day moving average price is $324.75. 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 released its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates 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 in the prior year, the firm posted $1.60 earnings per share. The firm’s revenue for the quarter 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 anticipate that Burlington Stores, Inc. will post 11.75 earnings per share for the current fiscal year.

Insider Activity at Burlington Stores

In related news, CAO Stephen Ferroni sold 2,343 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $337.22, for a total transaction of $790,106.46. Following the completion of the transaction, the chief accounting officer owned 1,391 shares of the company’s stock, valued at $469,073.02. This trade represents a 62.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CMO Jennifer Vecchio sold 20,920 shares of Burlington Stores stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $341.53, for a total value of $7,144,807.60. Following the transaction, the chief marketing officer directly owned 81,017 shares in the company, valued at approximately $27,669,736.01. The trade was a 20.52% decrease in their ownership of the stock. 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 90 days. 1.30% of the stock is currently owned by corporate insiders.

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.