Commerce Bank Invests $1.42 Million in Burlington Stores, Inc. $BURL

Commerce Bank bought a new stake in Burlington Stores, Inc. (NYSE:BURL) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 4,487 shares of the company’s stock, valued at approximately $1,421,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in Burlington Stores in the second quarter valued at approximately $2,157,518,000. Northwestern Mutual Wealth Management Co. increased its position in Burlington Stores by 303,059.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock worth $552,552,000 after purchasing an additional 1,912,305 shares during the last quarter. Norges Bank purchased a new position in Burlington Stores during the fourth quarter worth approximately $224,971,000. Alyeska Investment Group L.P. raised its stake in Burlington Stores by 103.5% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,285,336 shares of the company’s stock worth $371,269,000 after purchasing an additional 653,718 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in shares of Burlington Stores in the 2nd quarter valued at $148,766,000.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on BURL. JPMorgan Chase & Co. lowered their price objective on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Wall Street Zen lowered Burlington Stores from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Truist Financial lifted their target price on Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a report on Thursday, May 28th. Wells Fargo & Company lowered their price target on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Finally, Weiss Ratings lowered Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 23rd. Thirteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $371.50.

Burlington Stores Price Performance

BURL opened at $316.17 on Wednesday. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 1.03. Burlington Stores, Inc. has a 52-week low of $240.49 and a 52-week high of $378.33. The company has a 50 day moving average of $341.56 and a two-hundred day moving average of $325.28. The company has a market cap of $19.90 billion, a P/E ratio of 32.49, a P/E/G ratio of 1.70 and a beta of 1.44.

Burlington Stores (NYSE:BURL) last issued its earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. The business had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.60 EPS. 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. On average, analysts expect that Burlington Stores, Inc. will post 12.21 earnings per share for the current year.

Insider Activity at Burlington Stores

In other Burlington Stores news, CAO Stephen Ferroni sold 2,343 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $337.22, for a total transaction of $790,106.46. Following the transaction, the chief accounting officer owned 1,391 shares in the company, valued at $469,073.02. The trade was a 62.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CMO Jennifer Vecchio sold 1,678 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $369.04, for a total value of $619,249.12. Following the completion of the sale, the chief marketing officer directly owned 77,661 shares of the company’s stock, valued at $28,660,015.44. The trade was a 2.11% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 30,392 shares of company stock worth $10,280,271. 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.