Janus Henderson Group PLC Purchases 8,361 Shares of Burlington Stores, Inc. $BURL

Janus Henderson Group PLC raised its holdings in Burlington Stores, Inc. (NYSE:BURL) by 1.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 880,017 shares of the company’s stock after purchasing an additional 8,361 shares during the period. Janus Henderson Group PLC’s holdings in Burlington Stores were worth $286,341,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of BURL. Bull Harbor Capital LLC purchased a new stake in shares of Burlington Stores during the first quarter worth $1,091,000. EverSource Wealth Advisors LLC boosted its stake in Burlington Stores by 148.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,292 shares of the company’s stock worth $746,000 after purchasing an additional 1,371 shares during the period. Empowered Funds LLC grew its holdings in Burlington Stores by 1,107.4% during the 1st quarter. Empowered Funds LLC now owns 8,754 shares of the company’s stock valued at $2,848,000 after buying an additional 8,029 shares in the last quarter. Quantinno Capital Management LP increased its position in shares of Burlington Stores by 625.5% during the first quarter. Quantinno Capital Management LP now owns 116,118 shares of the company’s stock valued at $37,783,000 after buying an additional 100,112 shares during the period. Finally, OMERS ADMINISTRATION Corp lifted its holdings in shares of Burlington Stores by 25.5% in the first quarter. OMERS ADMINISTRATION Corp now owns 3,391 shares of the company’s stock worth $1,103,000 after buying an additional 689 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Wall Street Zen raised shares of Burlington Stores from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. Wells Fargo & Company reduced their price target on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Weiss Ratings cut shares of Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 23rd. Barclays increased their price objective on Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Finally, Truist Financial lifted their price objective on Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a research note on Thursday, May 28th. Fourteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $353.56.

Insider Transactions at Burlington Stores

In other news, CAO Stephen Ferroni sold 2,343 shares of Burlington Stores stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction of $790,106.46. Following the transaction, the chief accounting officer owned 1,391 shares in the company, valued at $469,073.02. This trade represents a 62.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CMO Jennifer Vecchio sold 20,920 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $341.53, for a total value of $7,144,807.60. Following the transaction, the chief marketing officer owned 81,017 shares of the company’s stock, valued at approximately $27,669,736.01. This trade represents a 20.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 28,714 shares of company stock worth $9,661,022 in the last quarter. Company insiders own 1.30% of the company’s stock.

Burlington Stores Price Performance

Shares of BURL stock opened at $372.27 on Friday. Burlington Stores, Inc. has a twelve month low of $240.49 and a twelve month high of $378.33. The business’s fifty day moving average is $332.10 and its 200 day moving average is $318.85. The stock has a market cap of $23.43 billion, a price-to-earnings ratio of 38.26, a PEG ratio of 2.00 and a beta of 1.46. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 1.03.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings data on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.80 by $0.21. The company had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. Burlington Stores’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same period in the prior year, the firm 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. Research analysts expect that Burlington Stores, Inc. will post 11.71 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.