13,790 Shares in Burlington Stores, Inc. $BURL Acquired by Wealthfront Advisers LLC

Wealthfront Advisers LLC bought a new position in Burlington Stores, Inc. (NYSE:BURL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 13,790 shares of the company’s stock, valued at approximately $4,369,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Ontario Teachers Pension Plan Board acquired a new position in Burlington Stores in the second quarter worth $33,883,000. First National Bank of Omaha acquired a new stake in Burlington Stores in the second quarter worth $2,630,000. Citizens Financial Group Inc. RI acquired a new position in shares of Burlington Stores during the second quarter valued at $599,000. BlackRock Inc. bought a new position in Burlington Stores in the 2nd quarter worth about $2,157,518,000. Finally, Pallas Capital Advisors LLC bought a new position in Burlington Stores in the 2nd quarter worth approximately $1,089,000.

Burlington Stores Stock Down 1.3%

BURL stock opened at $333.17 on Friday. Burlington Stores, Inc. has a 12-month low of $240.49 and a 12-month high of $378.33. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 1.03. The company has a market cap of $20.97 billion, a price-to-earnings ratio of 34.24, a PEG ratio of 1.81 and a beta of 1.44. The company has a 50 day moving average of $342.25 and a two-hundred day moving average of $324.75.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.80 by $0.21. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The business had revenue of $2.86 billion for the quarter, compared to analysts’ expectations of $2.80 billion. During the same period in the previous year, the company posted $1.60 EPS. Burlington Stores’s revenue 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, equities analysts anticipate that Burlington Stores, Inc. will post 11.75 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BURL has been the subject of several recent analyst reports. UBS Group increased their price target on Burlington Stores from $435.00 to $440.00 and gave the stock a “buy” rating in a research note on Monday. Wells Fargo & Company lowered their price objective on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. Barclays boosted their target price on Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. Jefferies Financial Group lifted their price target on Burlington Stores from $365.00 to $410.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Finally, Evercore restated an “outperform” rating and issued a $400.00 price objective on shares of Burlington Stores in a report on Monday. Thirteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Burlington Stores currently has a consensus rating of “Moderate Buy” and an average target price of $371.50.

Insider Buying and Selling at Burlington Stores

In other Burlington Stores news, CAO Stephen Ferroni sold 2,343 shares of the company’s stock in a transaction dated 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 $469,073.02. This represents a 62.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Matthew Pasch sold 3,773 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $317.21, for a total value of $1,196,833.33. Following the sale, the insider directly owned 6,523 shares of the company’s stock, valued at $2,069,160.83. This trade represents a 36.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 30,392 shares of company stock worth $10,280,271 over the last 90 days. 1.30% of the stock is currently owned by corporate insiders.

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.