Burlington Stores, Inc. $BURL Stock Holdings Trimmed by Korea Investment CORP

Korea Investment CORP lessened its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 73.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 21,832 shares of the company’s stock after selling 60,778 shares during the quarter. Korea Investment CORP’s holdings in Burlington Stores were worth $5,556,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of BURL. First Horizon Corp bought a new stake in shares of Burlington Stores during the third quarter valued at about $25,000. Root Financial Partners LLC bought a new position in Burlington Stores in the 3rd quarter valued at about $30,000. Mather Group LLC. bought a new position in Burlington Stores in the 3rd quarter valued at about $36,000. Geneos Wealth Management Inc. increased its stake in Burlington Stores by 235.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after buying an additional 113 shares during the period. Finally, Jones Financial Companies Lllp increased its stake in Burlington Stores by 38.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 170 shares of the company’s stock valued at $45,000 after buying an additional 47 shares during the period.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on BURL. Robert W. Baird upped their price target on shares of Burlington Stores from $345.00 to $375.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. UBS Group reiterated a “buy” rating on shares of Burlington Stores in a research note on Tuesday, March 3rd. JPMorgan Chase & Co. boosted their target price on Burlington Stores from $356.00 to $365.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Barclays increased their price target on Burlington Stores from $331.00 to $335.00 and gave the company an “overweight” rating in a research note on Monday, March 2nd. Finally, TD Cowen reiterated a “buy” rating on shares of Burlington Stores in a research report on Wednesday, November 26th. Fifteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $355.44.

Burlington Stores Stock Performance

Shares of BURL opened at $292.75 on Friday. 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 firm’s 50 day moving average is $304.21 and its 200-day moving average is $283.67. Burlington Stores, Inc. has a 12-month low of $212.92 and a 12-month high of $332.20. The stock has a market capitalization of $18.42 billion, a P/E ratio of 30.75, a P/E/G ratio of 1.85 and a beta of 1.73.

Burlington Stores (NYSE:BURL) last released its earnings results on Thursday, March 5th. The company reported $4.99 EPS for the quarter, beating the consensus estimate of $4.70 by $0.29. The business had revenue of $3.65 billion during 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 business’s quarterly revenue was up 11.3% on a year-over-year basis. During the same period in the prior year, the business earned $4.07 earnings per share. 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. Equities research analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

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.