7,294 Shares in Burlington Stores, Inc. $BURL Purchased by Dockside LLC

Dockside LLC acquired a new stake in shares of Burlington Stores, Inc. (NYSE:BURL) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,294 shares of the company’s stock, valued at approximately $2,311,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Burlington Stores by 303,059.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock worth $552,552,000 after buying an additional 1,912,305 shares in the last quarter. Norges Bank purchased a new position in Burlington Stores in the 4th quarter worth approximately $224,971,000. Alyeska Investment Group L.P. raised its holdings in Burlington Stores by 103.5% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,285,336 shares of the company’s stock worth $371,269,000 after acquiring an additional 653,718 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its position in Burlington Stores by 15.8% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company’s stock valued at $817,122,000 after acquiring an additional 386,615 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in Burlington Stores by 121.0% in the 4th quarter. Wellington Management Group LLP now owns 595,961 shares of the company’s stock valued at $172,143,000 after acquiring an additional 326,328 shares in the last quarter.

Burlington Stores Stock Down 2.1%

Burlington Stores stock opened at $347.79 on Friday. Burlington Stores, Inc. has a one year low of $240.49 and a one year high of $378.33. The stock has a fifty day moving average of $341.53 and a 200 day moving average of $323.29. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.49 and a current ratio of 1.16. The stock has a market cap of $21.89 billion, a PE ratio of 35.74, a price-to-earnings-growth ratio of 1.91 and a beta of 1.44.

Burlington Stores (NYSE:BURL) last announced its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.21. The business had revenue of $2.86 billion for the quarter, compared to analysts’ expectations of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same period last year, the firm posted $1.60 earnings per share. 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, sell-side analysts predict that Burlington Stores, Inc. will post 11.74 EPS for the current year.

Analysts Set New Price Targets

BURL has been the subject of a number of research analyst reports. Jefferies Financial Group lifted their target price on Burlington Stores from $365.00 to $410.00 and gave the stock a “buy” rating in a report on Friday. Bank of America upped their price target on Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a report on Friday, May 29th. UBS Group reaffirmed a “buy” rating and set a $435.00 price objective on shares of Burlington Stores in a research report on Friday, May 29th. Citigroup downgraded Burlington Stores from a “buy” rating to a “neutral” rating and set a $380.00 price objective for the company. in a report on Wednesday, August 5th. Finally, Truist Financial boosted their target price on Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a research report on Thursday, May 28th. Thirteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $364.38.

Insider Transactions at Burlington Stores

In related news, 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 transaction of $7,144,807.60. Following the completion of the sale, the chief marketing officer directly owned 81,017 shares in the company, valued at approximately $27,669,736.01. The trade was a 20.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Stephen Ferroni sold 2,343 shares of the company’s stock in a transaction that occurred 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 sale, the chief accounting officer directly owned 1,391 shares of the company’s stock, valued at approximately $469,073.02. This represents a 62.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 30,392 shares of company stock worth $10,280,271 in the last quarter. Company insiders own 1.30% of the company’s stock.

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.