2,183 Shares in Burlington Stores, Inc. $BURL Bought by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC acquired a new stake in Burlington Stores, Inc. (NYSE:BURL) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 2,183 shares of the company’s stock, valued at approximately $692,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. JPL Wealth Management LLC acquired a new stake in shares of Burlington Stores in the 3rd quarter valued at about $28,000. Harbour Investments Inc. boosted its position in shares of Burlington Stores by 44.7% during the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after buying an additional 34 shares during the period. Reflection Asset Management acquired a new position in shares of Burlington Stores during the fourth quarter worth about $34,000. Larson Financial Group LLC grew its holdings 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 in the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Burlington Stores by 235.4% during the second 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.

Insider Activity

In other news, CAO Stephen Ferroni sold 2,343 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction of $790,106.46. Following the transaction, the chief accounting officer directly owned 1,391 shares in the company, valued at $469,073.02. The trade was a 62.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CMO Jennifer Vecchio sold 20,920 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $341.53, for a total transaction of $7,144,807.60. Following the completion of the sale, 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 SEC filing for this sale provides additional information. Insiders sold a total of 30,392 shares of company stock valued at $10,280,271 in the last quarter. Company insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Citigroup downgraded Burlington Stores from a “buy” rating to a “neutral” rating and set a $380.00 price target for the company. in a research report on Wednesday, August 5th. Wall Street Zen downgraded shares of Burlington Stores from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Truist Financial increased their target price on shares of Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Evercore reaffirmed an “outperform” rating and issued a $400.00 target price on shares of Burlington Stores in a research report on Monday, August 17th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Burlington Stores in a research note on Thursday, August 6th. Thirteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Burlington Stores presently has a consensus rating of “Moderate Buy” and a consensus target price of $371.50.

Burlington Stores Stock Up 1.3%

BURL stock opened at $330.71 on Tuesday. 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 has a 50 day moving average price of $341.91 and a two-hundred day moving average price of $325.17. The company has a market cap of $20.81 billion, a price-to-earnings ratio of 33.99, a P/E/G ratio of 1.68 and a beta of 1.44. Burlington Stores, Inc. has a twelve month low of $240.49 and a twelve month high of $378.33.

Burlington Stores (NYSE:BURL) last released its quarterly earnings data 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 company had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the prior year, the firm posted $1.60 EPS. 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. Analysts anticipate that Burlington Stores, Inc. will post 12.21 EPS for the current fiscal year.

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.