GW&K Investment Management LLC Grows Position in Burlington Stores, Inc. $BURL

GW&K Investment Management LLC increased its holdings in Burlington Stores, Inc. (NYSE:BURL) by 14.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 341,034 shares of the company’s stock after acquiring an additional 43,337 shares during the quarter. Burlington Stores makes up about 0.9% of GW&K Investment Management LLC’s investment portfolio, making the stock its 15th largest position. GW&K Investment Management LLC’s holdings in Burlington Stores were worth $98,509,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in BURL. Stone House Investment Management LLC purchased a new stake in Burlington Stores in the fourth quarter worth about $25,000. JPL Wealth Management LLC purchased a new stake in Burlington Stores in the third quarter worth about $28,000. Harbour Investments Inc. lifted its stake in Burlington Stores by 44.7% in the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after acquiring an additional 34 shares during the period. Larson Financial Group LLC lifted its stake in Burlington Stores by 180.0% in the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock worth $36,000 after acquiring an additional 81 shares during the period. Finally, Geneos Wealth Management Inc. lifted its stake in Burlington Stores by 235.4% in the second quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock worth $37,000 after acquiring an additional 113 shares during the period.

Insider Activity at Burlington Stores

In related news, insider Matthew Pasch sold 3,773 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $317.21, for a total value of $1,196,833.33. Following the transaction, the insider owned 6,523 shares in the company, valued at approximately $2,069,160.83. This represents a 36.65% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Travis Marquette sold 3,759 shares of the stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the completion of the transaction, the chief operating officer owned 26,350 shares in the company, valued at approximately $8,636,212.50. This trade represents a 12.48% decrease in their position. The SEC filing for this sale provides additional information. 1.30% of the stock is currently owned by corporate insiders.

Burlington Stores Stock Performance

Shares of BURL stock opened at $325.18 on Wednesday. The firm has a market capitalization of $20.47 billion, a price-to-earnings ratio of 33.42, a price-to-earnings-growth ratio of 1.69 and a beta of 1.46. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49. The business has a fifty day moving average of $320.62 and a 200 day moving average of $303.47. Burlington Stores, Inc. has a 1 year low of $218.52 and a 1 year high of $351.85.

Burlington Stores (NYSE:BURL) last issued its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. The company had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The firm’s quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter last year, the business posted $1.60 EPS. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. As a group, research analysts expect that Burlington Stores, Inc. will post 11.7 earnings per share for the current year.

Analyst Ratings Changes

BURL has been the subject of a number of recent research reports. Wall Street Zen upgraded shares of Burlington Stores from a “hold” rating to a “buy” rating in a report on Saturday, May 30th. JPMorgan Chase & Co. reduced their target price on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Citigroup boosted their target price on shares of Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Jefferies Financial Group reiterated a “buy” rating and issued a $365.00 target price on shares of Burlington Stores in a report on Friday, May 29th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $365.00 target price on shares of Burlington Stores in a report on Tuesday, March 31st. Fifteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $353.56.

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.