36,575 Shares in Burlington Stores, Inc. $BURL Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new stake in shares of Burlington Stores, Inc. (NYSE:BURL) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 36,575 shares of the company’s stock, valued at approximately $11,587,000.

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of Burlington Stores in the second quarter worth $2,157,518,000. Northwestern Mutual Wealth Management Co. grew its position in Burlington Stores by 303,059.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock valued at $552,552,000 after purchasing an additional 1,912,305 shares during the last quarter. Jupiter Topco LLC purchased a new stake in Burlington Stores during the 2nd quarter valued at about $283,228,000. Primecap Management Co. CA bought a new stake in Burlington Stores during the 2nd quarter valued at about $266,416,000. Finally, Norges Bank bought a new stake in Burlington Stores during the 4th quarter valued at about $224,971,000.

Analysts Set New Price Targets

Several brokerages have recently issued reports on BURL. Weiss Ratings upgraded shares of Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday. UBS Group raised their price target on shares of Burlington Stores from $435.00 to $440.00 and gave the company a “buy” rating in a research report on Monday, August 17th. JPMorgan Chase & Co. decreased their price objective on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Sanford C. Bernstein lowered their price objective on Burlington Stores from $365.00 to $355.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, Evercore reiterated an “outperform” rating and set a $400.00 target price on shares of Burlington Stores in a research note on Monday, August 17th. Thirteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $367.56.

Burlington Stores Price Performance

Shares of NYSE:BURL opened at $273.25 on Monday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.47 and a current ratio of 1.17. The firm has a market cap of $17.16 billion, a price-to-earnings ratio of 24.53, a price-to-earnings-growth ratio of 1.29 and a beta of 1.44. The business has a 50-day simple moving average of $339.01 and a two-hundred day simple moving average of $324.89. Burlington Stores, Inc. has a fifty-two week low of $240.49 and a fifty-two week high of $378.33.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings results on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.77. Burlington Stores had a net margin of 5.85% and a return on equity of 41.72%. The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter last year, the firm posted $1.72 EPS. The business’s quarterly revenue was up 11.0% compared to the same quarter last year. 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. On average, analysts expect that Burlington Stores, Inc. will post 13.28 earnings per share for the current year.

Key Burlington Stores News

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

• Positive Sentiment: Second-quarter adjusted EPS reached $2.96, well above the roughly $2.18–$2.19 analyst consensus and up substantially from the prior year. Revenue increased 11% year over year to approximately $3.0 billion, while operating-margin expansion supported the company’s 15th consecutive quarter of double-digit EPS growth. Burlington Stores Reports Strong Second Quarter Sales and Earnings Growth
• Positive Sentiment: Burlington raised its fiscal 2026 adjusted EPS outlook to $11.77–$11.97, above the prior consensus of about $11.23, and expects revenue of $12.7–$12.8 billion. The retailer also plans to use tariff refunds to lower prices, potentially supporting customer traffic and value perception. Burlington Stores Plans to Use Tariff Refunds to Lower Prices
• Neutral Sentiment: The company is pursuing aggressive expansion, with reports of 20 new stores opening across 12 states in September. Store growth can increase long-term sales, though it also raises execution and investment requirements. Burlington Expansion Bringing New Stores to 12 States
• Negative Sentiment: Second-quarter revenue of about $3.0 billion fell short of the $3.03 billion consensus, and comparable-store sales grew only 2%, slowing from 5% a year earlier. The deceleration raised concerns about underlying demand despite the earnings beat. BURL Shares Slide Despite Q2 Earnings Beat
• Negative Sentiment: Fiscal third-quarter EPS guidance of $1.60–$1.70 is materially below the approximately $2.04 analyst consensus. Reports also cited tariff-related costs and a weaker-than-expected near-term forecast as reasons for the market reaction.
• Negative Sentiment: Citigroup cut its price target from $380 to $318 and moved to a neutral rating. Morgan Stanley also reduced its target modestly, from $438 to $432, although it maintained an overweight rating. Analyst Price Target Updates

Insider Activity at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 20,920 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $341.53, for a total transaction of $7,144,807.60. Following the completion of the sale, the chief marketing officer directly owned 81,017 shares in the company, valued at approximately $27,669,736.01. The trade was a 20.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Stephen Ferroni sold 2,343 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $337.22, for a total value of $790,106.46. Following the transaction, the chief accounting officer directly 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 SEC filing for this sale provides additional information. Insiders have sold a total of 30,392 shares of company stock worth $10,280,271 over the last quarter. Company insiders own 1.30% of the company’s stock.

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.