Geneva Capital Management LLC Cuts Stake in Burlington Stores, Inc. $BURL

Geneva Capital Management LLC cut its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 2.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 130,388 shares of the company’s stock after selling 3,390 shares during the quarter. Geneva Capital Management LLC owned 0.21% of Burlington Stores worth $33,184,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Burlington Stores by 14.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after purchasing an additional 38 shares during the period. Jones Financial Companies Lllp boosted its stake in shares of Burlington Stores by 1,604.7% in the 1st quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock valued at $345,000 after buying an additional 1,364 shares during the period. Savant Capital LLC increased its position in shares of Burlington Stores by 1.3% in the 2nd quarter. Savant Capital LLC now owns 5,552 shares of the company’s stock valued at $1,292,000 after purchasing an additional 71 shares during the last quarter. Vestmark Advisory Solutions Inc. lifted its stake in Burlington Stores by 216.5% during the second quarter. Vestmark Advisory Solutions Inc. now owns 4,482 shares of the company’s stock worth $1,043,000 after purchasing an additional 3,066 shares during the last quarter. Finally, Prospera Financial Services Inc boosted its holdings in Burlington Stores by 333.7% in the second quarter. Prospera Financial Services Inc now owns 4,528 shares of the company’s stock valued at $1,053,000 after purchasing an additional 3,484 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of research firms recently commented on BURL. Sanford C. Bernstein set a $350.00 target price on shares of Burlington Stores and gave the company an “outperform” rating in a research report on Tuesday, January 6th. Morgan Stanley reduced their price target on shares of Burlington Stores from $330.00 to $310.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Evercore reaffirmed an “outperform” rating and set a $375.00 price objective on shares of Burlington Stores in a report on Thursday, March 5th. JPMorgan Chase & Co. lifted their target price on Burlington Stores from $356.00 to $365.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Finally, Barclays boosted their target price on Burlington Stores from $331.00 to $335.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Fifteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $355.44.

Burlington Stores Stock Up 1.5%

Shares of NYSE:BURL opened at $306.09 on Wednesday. Burlington Stores, Inc. has a 1-year low of $212.92 and a 1-year high of $332.20. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.23 and a quick ratio of 0.65. The stock has a market cap of $19.26 billion, a P/E ratio of 32.15, a P/E/G ratio of 1.84 and a beta of 1.73. The firm has a fifty day moving average price of $303.83 and a 200 day moving average price of $283.47.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings data on Thursday, March 5th. The company reported $4.99 EPS for the quarter, beating analysts’ consensus estimates of $4.70 by $0.29. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The company had revenue of $3.65 billion for the quarter, compared to analyst estimates of $2.77 billion. During the same period in the previous year, the business posted $4.07 earnings per share. Burlington Stores’s quarterly revenue was up 11.3% on a year-over-year basis. 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. Sell-side analysts predict that Burlington Stores, Inc. will post 7.93 EPS for the current year.

About Burlington Stores

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.