Susquehanna Fundamental Investments LLC Buys Shares of 5,883 Burlington Stores, Inc. $BURL

Susquehanna Fundamental Investments LLC purchased a new stake in Burlington Stores, Inc. (NYSE:BURL) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 5,883 shares of the company’s stock, valued at approximately $1,864,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Harbour Investments Inc. increased its holdings in 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 Burlington Stores in the third quarter worth approximately $28,000. Reflection Asset Management bought a new stake in shares of Burlington Stores in the 4th quarter valued at $34,000. Larson Financial Group LLC raised 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 valued at $36,000 after purchasing an additional 81 shares during the period. Finally, Geneos Wealth Management Inc. increased its position in Burlington Stores by 235.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after buying an additional 113 shares in the last quarter.

Insider Activity at Burlington Stores

In other news, CAO Stephen Ferroni sold 2,343 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction of $790,106.46. Following the sale, the chief accounting officer owned 1,391 shares in the company, valued at approximately $469,073.02. This trade represents a 62.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Matthew Pasch sold 3,773 shares of Burlington Stores stock in a transaction on Friday, June 5th. The stock was sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the sale, the insider directly owned 6,523 shares of the company’s stock, valued at $2,069,160.83. This represents a 36.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 30,392 shares of company stock valued at $10,280,271 over the last three months. 1.30% of the stock is owned by corporate insiders.

Burlington Stores Stock Up 1.0%

Shares of NYSE BURL opened at $262.39 on Wednesday. The business has a 50-day simple moving average of $335.98 and a two-hundred day simple moving average of $324.26. The company has a market cap of $16.48 billion, a P/E ratio of 23.55, a P/E/G ratio of 1.37 and a beta of 1.43. Burlington Stores, Inc. has a 52 week low of $240.49 and a 52 week high of $378.33. The company has a quick ratio of 0.47, a current ratio of 1.17 and a debt-to-equity ratio of 0.95.

Burlington Stores (NYSE:BURL) last announced its earnings results on Thursday, August 27th. The company reported $2.96 earnings per share for the quarter, topping analysts’ consensus estimates of $2.19 by $0.77. The business had revenue of $3 billion for the quarter, compared to analyst estimates of $3.03 billion. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.The company’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.72 EPS. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. Research analysts anticipate that Burlington Stores, Inc. will post 12.9 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on BURL shares. Citigroup dropped their price target on Burlington Stores from $380.00 to $318.00 and set a “neutral” rating on the stock in a research note on Friday, August 28th. Barclays boosted their price objective on Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Morgan Stanley lowered their target price on Burlington Stores from $438.00 to $432.00 and set an “overweight” rating on the stock in a research report on Friday, August 28th. Weiss Ratings raised shares of Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 26th. Finally, Evercore restated an “outperform” rating and issued a $400.00 target price on shares of Burlington Stores in a report on Monday, August 17th. Fourteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $370.75.

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.