Allstate Corp Boosts Stock Position in Burlington Stores, Inc. $BURL

Allstate Corp increased its stake in shares of Burlington Stores, Inc. (NYSE:BURL) by 103.0% in the fourth quarter, HoldingsChannel reports. The firm owned 4,473 shares of the company’s stock after buying an additional 2,270 shares during the quarter. Allstate Corp’s holdings in Burlington Stores were worth $1,292,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Stone House Investment Management LLC purchased a new stake in Burlington Stores in the 4th quarter valued at about $25,000. JPL Wealth Management LLC purchased a new stake in Burlington Stores in the 3rd quarter valued at about $28,000. Larson Financial Group LLC grew its holdings in Burlington Stores by 180.0% in the 4th quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock valued at $36,000 after buying an additional 81 shares during the period. 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 valued at $37,000 after buying an additional 113 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in Burlington Stores by 38.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 170 shares of the company’s stock valued at $45,000 after buying an additional 47 shares during the period.

Insider Transactions at Burlington Stores

In other news, COO Travis Marquette sold 3,759 shares of the business’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total value of $1,232,012.25. Following the completion of the sale, the chief operating officer directly owned 26,350 shares in the company, valued at approximately $8,636,212.50. The trade was a 12.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.30% of the stock is owned by corporate insiders.

Burlington Stores Price Performance

BURL stock opened at $323.88 on Friday. The company has a quick ratio of 0.65, a current ratio of 1.16 and a debt-to-equity ratio of 1.03. Burlington Stores, Inc. has a 52-week low of $218.52 and a 52-week high of $351.85. The stock’s 50 day moving average is $320.30 and its two-hundred day moving average is $301.40. The company has a market capitalization of $20.35 billion, a PE ratio of 33.29, a P/E/G ratio of 1.79 and a beta of 1.48.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings data on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $2.80 billion. During the same period in the previous year, the business earned $1.60 EPS. Burlington Stores’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 predict that Burlington Stores, Inc. will post 11.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on BURL. Robert W. Baird lifted their price target on Burlington Stores from $345.00 to $375.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Bank of America lifted their price objective on Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a research note on Friday. Wells Fargo & Company reduced their price objective on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research note on Friday. UBS Group reaffirmed a “buy” rating and issued a $435.00 price objective on shares of Burlington Stores in a research note on Friday. Finally, Wall Street Zen raised Burlington Stores from a “hold” rating to a “buy” rating in a research note on Saturday. Fifteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Burlington Stores has a consensus rating of “Moderate Buy” and an average price target of $353.56.

Key Stories Impacting Burlington Stores

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: Bank of America raised its price target on Burlington Stores to $375 and reiterated a buy rating, signaling confidence in further upside. Benzinga
• Positive Sentiment: Wells Fargo kept an overweight rating and lifted its target to $375, following stronger-than-expected quarterly performance and improved guidance. Tickerreport.com
• Positive Sentiment: Burlington reported first-quarter EPS of $2.01 versus $1.77 expected and revenue of $2.86 billion versus $2.80 billion expected, extending its streak of double-digit EPS growth to 14 quarters. GlobeNewswire release
• Positive Sentiment: The company raised fiscal 2026 EPS guidance to $11.45-$11.80, above consensus, and outlined plans for 115 net new stores, reinforcing the growth outlook. MSN article
• Neutral Sentiment: JPMorgan lowered its price target to $351 but maintained an overweight rating, which is still supportive despite the smaller target. Benzinga
• Neutral Sentiment: Some traders bought large volumes of put options, suggesting hedging or caution even as fundamentals improved. American Banking News
• Negative Sentiment: JPMorgan and Wells Fargo both trimmed their price targets from prior levels, indicating analysts see a bit less upside than before despite keeping bullish ratings. Benzinga
• Negative Sentiment: Reports noted the stock sold off after earnings even though Burlington beat estimates, suggesting investors may have been focused on valuation or taking profits after the run-up. Benzinga earnings article

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.