Varma Mutual Pension Insurance Co Takes Position in Burlington Stores, Inc. $BURL

Varma Mutual Pension Insurance Co bought a new position in shares of Burlington Stores, Inc. (NYSE:BURL) during the 3rd quarter, Holdings Channel.com reports. The firm bought 15,000 shares of the company’s stock, valued at approximately $3,818,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Versor Investments LP acquired a new position in shares of Burlington Stores during the 3rd quarter valued at about $237,000. Waterway Wealth Management LLC increased its position in Burlington Stores by 33.7% during the third quarter. Waterway Wealth Management LLC now owns 4,444 shares of the company’s stock worth $1,131,000 after purchasing an additional 1,120 shares during the last quarter. Bryce Point Capital LLC acquired a new position in Burlington Stores during the third quarter worth approximately $652,000. Prospera Financial Services Inc raised its stake in Burlington Stores by 2.0% during the third quarter. Prospera Financial Services Inc now owns 4,620 shares of the company’s stock worth $1,176,000 after purchasing an additional 92 shares during the period. Finally, Linden Thomas Advisory Services LLC boosted its holdings in shares of Burlington Stores by 2.1% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 2,842 shares of the company’s stock valued at $723,000 after purchasing an additional 59 shares during the last quarter.

Wall Street Analyst Weigh In

A number of analysts have recently commented on BURL shares. Barclays dropped their price objective on Burlington Stores from $336.00 to $331.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Weiss Ratings restated a “hold (c+)” rating on shares of Burlington Stores in a research note on Wednesday, January 21st. UBS Group reaffirmed a “buy” rating on shares of Burlington Stores in a research note on Monday, November 17th. TD Cowen reiterated a “buy” rating on shares of Burlington Stores in a report on Wednesday, November 26th. Finally, Gordon Haskett lowered shares of Burlington Stores from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 5th. Fifteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Burlington Stores presently has a consensus rating of “Moderate Buy” and an average price target of $335.94.

Burlington Stores Price Performance

Shares of NYSE BURL opened at $302.37 on Friday. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.21 and a quick ratio of 0.46. Burlington Stores, Inc. has a 1-year low of $212.92 and a 1-year high of $318.49. The company has a market capitalization of $19.03 billion, a price-to-earnings ratio of 34.75, a PEG ratio of 1.59 and a beta of 1.74. The business has a 50-day moving average of $292.94 and a 200-day moving average of $279.90.

Burlington Stores (NYSE:BURL) last released its quarterly earnings results on Tuesday, November 25th. The company reported $1.68 EPS for the quarter, topping the consensus estimate of $1.59 by $0.09. The firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.74 billion. Burlington Stores had a return on equity of 41.02% and a net margin of 5.01%.Burlington Stores’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the previous year, the company posted $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. On average, equities analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

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.