Burlington Stores, Inc. $BURL Shares Sold by Comerica Bank

Comerica Bank reduced its position in Burlington Stores, Inc. (NYSE:BURL) by 40.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 22,217 shares of the company’s stock after selling 15,099 shares during the quarter. Comerica Bank’s holdings in Burlington Stores were worth $6,417,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC raised its stake in Burlington Stores by 4.4% in the 4th quarter. Signaturefd LLC now owns 787 shares of the company’s stock valued at $227,000 after purchasing an additional 33 shares during the last quarter. Vident Advisory LLC increased its stake in shares of Burlington Stores by 1.1% in the 2nd quarter. Vident Advisory LLC now owns 3,330 shares of the company’s stock worth $775,000 after acquiring an additional 36 shares during the last quarter. Archer Investment Corp increased its stake in shares of Burlington Stores by 6.1% in the 3rd quarter. Archer Investment Corp now owns 640 shares of the company’s stock worth $163,000 after acquiring an additional 37 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Burlington Stores by 14.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock worth $72,000 after acquiring an additional 38 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of Burlington Stores by 17.8% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 251 shares of the company’s stock worth $73,000 after acquiring an additional 38 shares during the last quarter.

Analyst Ratings Changes

A number of analysts have issued reports on BURL shares. Sanford C. Bernstein set a $350.00 target price on Burlington Stores and gave the stock an “outperform” rating in a research note on Tuesday, January 6th. JPMorgan Chase & Co. raised their target price on Burlington Stores from $356.00 to $365.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Wells Fargo & Company raised their target price on Burlington Stores from $350.00 to $400.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. UBS Group reaffirmed a “buy” rating on shares of Burlington Stores in a research note on Tuesday, March 3rd. Finally, Evercore reaffirmed an “outperform” rating and issued a $375.00 target price on shares of Burlington Stores in a research note on Thursday, March 5th. Sixteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $355.44.

Burlington Stores Stock Performance

NYSE BURL opened at $319.95 on Friday. The stock has a market cap of $20.10 billion, a PE ratio of 33.61, a P/E/G ratio of 1.92 and a beta of 1.62. The company has a current ratio of 1.23, a quick ratio of 0.65 and a debt-to-equity ratio of 1.11. Burlington Stores, Inc. has a twelve month low of $218.52 and a twelve month high of $351.85. The stock has a fifty day simple moving average of $319.85 and a 200-day simple moving average of $296.77.

Burlington Stores (NYSE:BURL) last released its quarterly earnings results on Thursday, March 5th. The company reported $4.99 earnings per share for the quarter, topping analysts’ consensus estimates of $4.70 by $0.29. The business had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $2.77 billion. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The company’s revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the business posted $4.07 EPS. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. Equities analysts anticipate that Burlington Stores, Inc. will post 11.27 earnings per share for the current year.

Insider Buying and Selling at Burlington Stores

In other news, COO Travis Marquette sold 3,759 shares of the stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the completion of the transaction, the chief operating officer directly owned 26,350 shares in the company, valued at approximately $8,636,212.50. This represents a 12.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.30% of the company’s stock.

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.