Short Interest in Burlington Stores, Inc. (NYSE:BURL) Increases By 24.8%

Burlington Stores, Inc. (NYSE:BURL) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 2,760,126 shares, an increase of 24.8% from the February 26th total of 2,212,269 shares. Approximately 4.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,165,543 shares, the days-to-cover ratio is presently 2.4 days.

Analyst Upgrades and Downgrades

BURL has been the topic of a number of recent research reports. Weiss Ratings upgraded Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Guggenheim began coverage on Burlington Stores in a research report on Tuesday, December 9th. They issued a “neutral” rating for the company. Wells Fargo & Company lifted their price target on Burlington Stores from $350.00 to $400.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Barclays boosted their price objective on Burlington Stores from $331.00 to $335.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Finally, Evercore reaffirmed an “outperform” rating and set a $375.00 price objective on shares of Burlington Stores in a research note on Thursday, March 5th. Sixteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $355.44.

Burlington Stores Stock Down 0.2%

NYSE:BURL traded down $0.69 during trading hours on Monday, hitting $312.06. 696,577 shares of the stock traded hands, compared to its average volume of 854,110. The firm has a 50 day moving average price of $305.63 and a 200 day moving average price of $285.50. The firm has a market cap of $19.56 billion, a price-to-earnings ratio of 32.78, a PEG ratio of 1.89 and a beta of 1.73. Burlington Stores has a fifty-two week low of $212.92 and a fifty-two week high of $332.20. The company has a current ratio of 1.23, a quick ratio of 0.65 and a debt-to-equity ratio of 1.11.

Burlington Stores (NYSE:BURL) last issued its earnings results on Thursday, March 5th. The company reported $4.99 EPS for the quarter, topping the consensus estimate of $4.70 by $0.29. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The business had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $2.77 billion. During the same quarter last year, the firm posted $4.07 earnings per share. Burlington Stores’s revenue was up 11.3% compared to the same quarter last year. 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 will post 7.93 earnings per share for the current year.

Insider Activity

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of the company’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total value of $1,232,012.25. Following the transaction, the chief operating officer owned 26,350 shares of the company’s stock, valued at approximately $8,636,212.50. This represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Burlington Stores

Several institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of Burlington Stores by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock valued at $1,726,070,000 after purchasing an additional 232,358 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Burlington Stores by 15.8% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company’s stock worth $817,122,000 after purchasing an additional 386,615 shares during the period. State Street Corp grew its position in Burlington Stores by 1.2% during the third quarter. State Street Corp now owns 2,184,171 shares of the company’s stock valued at $555,872,000 after purchasing an additional 26,529 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Burlington Stores by 303,059.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock valued at $552,552,000 after buying an additional 1,912,305 shares during the period. Finally, SRS Investment Management LLC increased its stake in Burlington Stores by 15.9% in the 2nd quarter. SRS Investment Management LLC now owns 1,472,137 shares of the company’s stock valued at $342,478,000 after buying an additional 201,716 shares during the period.

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.