Ontario Teachers Pension Plan Board Invests $33.88 Million in Burlington Stores, Inc. $BURL

Ontario Teachers Pension Plan Board bought a new stake in Burlington Stores, Inc. (NYSE:BURL) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 106,954 shares of the company’s stock, valued at approximately $33,883,000. Ontario Teachers Pension Plan Board owned about 0.17% of Burlington Stores as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in Burlington Stores in the second quarter valued at approximately $2,157,518,000. T. Rowe Price Investment Management Inc. grew its position 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 acquiring an additional 386,615 shares during the last quarter. State Street Corp increased its holdings in shares of Burlington Stores by 1.2% in the 3rd quarter. State Street Corp now owns 2,184,171 shares of the company’s stock valued at $555,872,000 after acquiring an additional 26,529 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of 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 acquiring an additional 1,912,305 shares during the period. Finally, Alyeska Investment Group L.P. raised its position 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 valued at $371,269,000 after purchasing an additional 653,718 shares during the last quarter.

Insider Activity at Burlington Stores

In related news, CMO Jennifer Vecchio sold 20,920 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $341.53, for a total value of $7,144,807.60. Following the completion of the transaction, the chief marketing officer directly owned 81,017 shares of the company’s stock, valued at $27,669,736.01. This trade represents a 20.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Stephen Ferroni sold 2,343 shares of Burlington Stores stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $337.22, for a total value of $790,106.46. Following the transaction, 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. The SEC filing for this sale provides additional information. Insiders sold 30,392 shares of company stock valued at $10,280,271 in the last ninety days. Corporate insiders own 1.30% of the company’s stock.

Burlington Stores Trading Down 0.1%

Shares of BURL opened at $336.61 on Wednesday. The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 1.03. The firm’s 50-day moving average is $342.23 and its two-hundred day moving average is $324.17. Burlington Stores, Inc. has a twelve month low of $240.49 and a twelve month high of $378.33. The firm has a market capitalization of $21.19 billion, a P/E ratio of 34.60, a PEG ratio of 1.87 and a beta of 1.44.

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

Wall Street Analysts Forecast Growth

BURL has been the topic of a number of recent research reports. Evercore restated an “outperform” rating and issued a $400.00 price objective on shares of Burlington Stores in a research note on Monday. Barclays raised their price target on Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. JPMorgan Chase & Co. reduced their price objective on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Bank of America increased their price objective on Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Finally, Truist Financial lifted their target price on Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a research note on Thursday, May 28th. Thirteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $371.50.

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.