Burlington Stores, Inc. $BURL Shares Acquired by Handelsbanken Fonder AB

Handelsbanken Fonder AB boosted its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 16.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,720 shares of the company’s stock after purchasing an additional 2,620 shares during the period. Handelsbanken Fonder AB’s holdings in Burlington Stores were worth $5,407,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. HighTower Advisors LLC lifted its stake in Burlington Stores by 2.8% during the fourth quarter. HighTower Advisors LLC now owns 14,072 shares of the company’s stock valued at $4,065,000 after purchasing an additional 379 shares during the last quarter. North Dakota State Investment Board acquired a new stake in Burlington Stores during the fourth quarter valued at approximately $639,000. Stephens Inc. AR lifted its stake in Burlington Stores by 5.6% during the fourth quarter. Stephens Inc. AR now owns 843 shares of the company’s stock valued at $244,000 after purchasing an additional 45 shares during the last quarter. DNB Asset Management AS lifted its stake in Burlington Stores by 9.1% during the fourth quarter. DNB Asset Management AS now owns 12,203 shares of the company’s stock valued at $3,525,000 after purchasing an additional 1,017 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC lifted its stake in Burlington Stores by 0.3% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 13,933 shares of the company’s stock valued at $4,025,000 after purchasing an additional 44 shares during the last quarter.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. UBS Group reissued a “buy” rating on shares of Burlington Stores in a research note on Tuesday, March 3rd. Citigroup increased their target price on shares of Burlington Stores from $351.00 to $380.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Wall Street Zen downgraded shares of Burlington Stores from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Weiss Ratings upgraded shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. Finally, Truist Financial began coverage on shares of Burlington Stores in a research report on Monday, May 18th. They issued a “hold” rating and a $305.00 price target for the company. Sixteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $353.00.

Burlington Stores Stock Up 2.7%

Burlington Stores stock opened at $324.60 on Friday. The firm has a market cap of $20.39 billion, a PE ratio of 34.10, a P/E/G ratio of 1.91 and a beta of 1.48. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.65 and a current ratio of 1.23. The firm’s 50 day moving average price is $318.29 and its two-hundred day moving average price is $299.79. Burlington Stores, Inc. has a twelve month low of $218.52 and a twelve month high of $351.85.

Burlington Stores (NYSE:BURL) last released its quarterly earnings data on Thursday, March 5th. The company reported $4.99 earnings per share for the quarter, beating the consensus estimate of $4.70 by $0.29. The firm had revenue of $3.65 billion for the quarter, compared to analyst estimates of $2.77 billion. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The company’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. On average, research analysts predict that Burlington Stores, Inc. will post 11.3 EPS for the current fiscal year.

Insiders Place Their Bets

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total value of $1,232,012.25. Following the transaction, the chief operating officer 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 filing with the Securities & Exchange Commission, which is available through the SEC website. 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.