Burlington Stores, Inc. $BURL Shares Purchased by Boothbay Fund Management LLC

Boothbay Fund Management LLC boosted its stake in shares of Burlington Stores, Inc. (NYSE:BURL) by 70.8% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 52,089 shares of the company’s stock after purchasing an additional 21,585 shares during the period. Boothbay Fund Management LLC owned approximately 0.08% of Burlington Stores worth $13,257,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of BURL. Vanguard Group Inc. increased its holdings in Burlington Stores by 3.5% in the third quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock valued at $1,726,070,000 after buying an additional 232,358 shares in the last quarter. SRS Investment Management LLC raised its position in shares of Burlington Stores by 15.9% in the second quarter. SRS Investment Management LLC now owns 1,472,137 shares of the company’s stock worth $342,478,000 after acquiring an additional 201,716 shares during the period. Geode Capital Management LLC boosted its stake in shares of Burlington Stores by 2.3% during the 2nd quarter. Geode Capital Management LLC now owns 1,176,469 shares of the company’s stock worth $272,894,000 after acquiring an additional 26,866 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Burlington Stores by 6.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 945,554 shares of the company’s stock valued at $240,643,000 after acquiring an additional 59,587 shares during the period. Finally, American Century Companies Inc. grew its position in shares of Burlington Stores by 4.2% during the 2nd quarter. American Century Companies Inc. now owns 767,436 shares of the company’s stock valued at $178,536,000 after acquiring an additional 30,750 shares during the period.

Burlington Stores Stock Up 1.2%

BURL stock opened at $296.45 on Friday. The firm has a market cap of $18.66 billion, a PE ratio of 31.14, a PEG ratio of 1.80 and a beta of 1.73. 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 $304.18 and its 200-day moving average price is $283.82. Burlington Stores, Inc. has a one year low of $212.92 and a one year high of $332.20.

Burlington Stores (NYSE:BURL) last posted its earnings results on Thursday, March 5th. The company reported $4.99 EPS for the quarter, beating analysts’ consensus estimates of $4.70 by $0.29. The company had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $2.77 billion. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. Burlington Stores’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 company posted $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. On average, equities research analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have recently commented on BURL. Barclays boosted their price objective on Burlington Stores from $331.00 to $335.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Telsey Advisory Group reissued an “outperform” rating and issued a $365.00 price target (up from $350.00) on shares of Burlington Stores in a research note on Monday, March 2nd. Evercore reissued an “outperform” rating and issued a $375.00 price target on shares of Burlington Stores in a report on Thursday, March 5th. Weiss Ratings restated a “hold (c+)” rating on shares of Burlington Stores in a research report on Wednesday, January 21st. Finally, Guggenheim initiated coverage on shares of Burlington Stores in a report on Tuesday, December 9th. They set a “neutral” rating on the stock. Fifteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Burlington Stores has a consensus rating of “Moderate Buy” and an average target price of $355.44.

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.