Vise Technologies Inc. Purchases New Shares in Burlington Stores, Inc. $BURL

Vise Technologies Inc. purchased a new position in Burlington Stores, Inc. (NYSE:BURL) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,848 shares of the company’s stock, valued at approximately $902,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. BlackRock Inc. bought a new position in Burlington Stores during the second quarter valued at $2,157,518,000. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Burlington Stores by 15.8% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company’s stock worth $817,122,000 after acquiring an additional 386,615 shares during the last quarter. State Street Corp lifted its holdings in shares of Burlington Stores by 1.2% in the 3rd quarter. State Street Corp now owns 2,184,171 shares of the company’s stock worth $555,872,000 after acquiring an additional 26,529 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Burlington Stores by 303,059.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock worth $552,552,000 after purchasing an additional 1,912,305 shares during the period. Finally, Alyeska Investment Group L.P. boosted its stake 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 purchasing an additional 653,718 shares during the period.

Insider Transactions at Burlington Stores

In related news, CMO Jennifer Vecchio sold 20,920 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the chief marketing officer 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Stephen Ferroni sold 2,343 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was 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 directly owned 1,391 shares in the company, valued at approximately $469,073.02. This trade represents a 62.75% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 30,392 shares of company stock valued at $10,280,271. 1.30% of the stock is currently owned by company insiders.

Burlington Stores Trading Up 0.2%

NYSE BURL opened at $327.10 on Monday. The stock has a market cap of $20.59 billion, a PE ratio of 33.62, a PEG ratio of 1.68 and a beta of 1.44. Burlington Stores, Inc. has a 12 month low of $240.49 and a 12 month high of $378.33. The company’s 50-day moving average price is $342.03 and its 200-day moving average price is $324.95. The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 1.03.

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

Analysts Set New Price Targets

A number of analysts recently weighed in on BURL shares. Morgan Stanley reissued an “overweight” rating on shares of Burlington Stores in a research report on Thursday, August 6th. UBS Group boosted their target price on Burlington Stores from $435.00 to $440.00 and gave the company a “buy” rating in a research report on Monday, August 17th. Jefferies Financial Group upped their target price on Burlington Stores from $365.00 to $410.00 and gave the company a “buy” rating in a research note on Friday, August 14th. JPMorgan Chase & Co. reduced their price target on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Finally, Barclays increased their price target on Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. Thirteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $371.50.

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.