Burlington Stores, Inc. $BURL Stock Holdings Lifted by Dorsal Capital Management LP

Dorsal Capital Management LP grew its position in Burlington Stores, Inc. (NYSE:BURL) by 7.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 750,000 shares of the company’s stock after acquiring an additional 50,000 shares during the quarter. Burlington Stores makes up about 4.7% of Dorsal Capital Management LP’s investment portfolio, making the stock its 9th largest holding. Dorsal Capital Management LP’s holdings in Burlington Stores were worth $174,480,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Treasurer of the State of North Carolina increased its holdings in Burlington Stores by 1.2% in the second quarter. Treasurer of the State of North Carolina now owns 29,356 shares of the company’s stock worth $6,829,000 after buying an additional 344 shares during the last quarter. AXA S.A. grew its position in Burlington Stores by 1,033.2% in the second quarter. AXA S.A. now owns 10,754 shares of the company’s stock worth $2,502,000 after acquiring an additional 9,805 shares in the last quarter. Daiwa Securities Group Inc. grew its position in Burlington Stores by 12.4% in the second quarter. Daiwa Securities Group Inc. now owns 7,459 shares of the company’s stock worth $1,735,000 after acquiring an additional 821 shares in the last quarter. WINTON GROUP Ltd increased its position in Burlington Stores by 81.0% during the second quarter. WINTON GROUP Ltd now owns 8,310 shares of the company’s stock worth $1,933,000 after buying an additional 3,719 shares during the last quarter. Finally, Daner Wealth Management LLC bought a new position in Burlington Stores during the second quarter valued at about $190,000.

Burlington Stores Price Performance

Shares of NYSE:BURL opened at $269.32 on Friday. Burlington Stores, Inc. has a 1-year low of $212.92 and a 1-year high of $309.00. The firm has a market capitalization of $16.95 billion, a PE ratio of 30.96, a PEG ratio of 1.78 and a beta of 1.79. The company has a current ratio of 1.21, a quick ratio of 0.46 and a debt-to-equity ratio of 1.32. The business’s 50 day moving average is $269.84 and its 200-day moving average is $263.91.

Burlington Stores (NYSE:BURL) last released its quarterly earnings data on Tuesday, November 25th. The company reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.09. The company had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.74 billion. Burlington Stores had a net margin of 5.01% and a return on equity of 41.02%. The firm’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period last year, the firm earned $1.55 EPS. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS and its FY 2025 guidance at 9.690-9.890 EPS. Sell-side analysts predict that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Insider Transactions at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 419 shares of Burlington Stores stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $274.48, for a total transaction of $115,007.12. Following the completion of the transaction, the chief marketing officer directly owned 63,751 shares of the company’s stock, valued at approximately $17,498,374.48. This trade represents a 0.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.10% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

BURL has been the subject of several recent analyst reports. Gordon Haskett downgraded Burlington Stores from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 5th. The Goldman Sachs Group set a $331.00 price objective on shares of Burlington Stores in a research note on Wednesday, November 26th. Jefferies Financial Group reaffirmed a “buy” rating and set a $330.00 price objective on shares of Burlington Stores in a report on Tuesday, November 25th. Morgan Stanley dropped their target price on shares of Burlington Stores from $330.00 to $310.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Finally, Bank of America upped their price target on shares of Burlington Stores from $350.00 to $363.00 and gave the company a “buy” rating in a report on Friday, August 29th. Fifteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Burlington Stores has an average rating of “Moderate Buy” and a consensus target price of $336.21.

Burlington Stores Company Profile

Burlington Stores, Inc operates as a retailer of branded merchandise in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products.