13,924 Shares in Burlington Stores, Inc. $BURL Purchased by SEB Asset Management AB

SEB Asset Management AB purchased a new stake in Burlington Stores, Inc. (NYSE:BURL) in the first quarter, Holdings Channel.com reports. The firm purchased 13,924 shares of the company’s stock, valued at approximately $4,531,000.

A number of other hedge funds have also recently bought and sold shares of BURL. Signaturefd LLC increased its holdings in Burlington Stores by 4.4% during the 4th quarter. Signaturefd LLC now owns 787 shares of the company’s stock worth $227,000 after purchasing an additional 33 shares during the last quarter. Harbour Investments Inc. boosted its stake in shares of Burlington Stores by 44.7% during the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after buying an additional 34 shares during the last quarter. Fifth Third Bancorp boosted its stake in shares of Burlington Stores by 6.4% during the 4th quarter. Fifth Third Bancorp now owns 585 shares of the company’s stock valued at $169,000 after buying an additional 35 shares during the last quarter. Vident Advisory LLC grew its position in shares of Burlington Stores by 1.1% during the second quarter. Vident Advisory LLC now owns 3,330 shares of the company’s stock worth $775,000 after buying an additional 36 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its position in shares of Burlington Stores by 17.8% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 251 shares of the company’s stock worth $73,000 after buying an additional 38 shares in the last quarter.

Burlington Stores Price Performance

Shares of BURL opened at $354.14 on Thursday. Burlington Stores, Inc. has a 52 week low of $240.49 and a 52 week high of $361.21. The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 1.03. The firm has a market cap of $22.29 billion, a price-to-earnings ratio of 36.40, a PEG ratio of 1.91 and a beta of 1.46. The stock has a 50 day moving average of $324.64 and a 200-day moving average of $316.56.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (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 business had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same period in the prior year, the company posted $1.60 EPS. The business’s revenue 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. As a group, analysts forecast that Burlington Stores, Inc. will post 11.71 EPS for the current year.

Insiders Place Their Bets

In other Burlington Stores news, CMO Jennifer Vecchio sold 1,678 shares of the stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $315.42, for a total transaction of $529,274.76. Following the sale, the chief marketing officer directly owned 79,339 shares of the company’s stock, valued at approximately $25,025,107.38. This represents a 2.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Matthew Pasch sold 3,773 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the insider owned 6,523 shares in the company, valued at approximately $2,069,160.83. The trade was a 36.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 28,714 shares of company stock valued at $9,661,022. Company insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

BURL has been the subject of a number of research analyst reports. Wall Street Zen lowered shares of Burlington Stores from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Weiss Ratings raised shares of Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 7th. Wells Fargo & Company decreased their price objective on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Jefferies Financial Group reissued a “buy” rating and issued a $365.00 target price on shares of Burlington Stores in a research report on Friday, May 29th. Finally, JPMorgan Chase & Co. cut their target price on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $353.56.

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.