Ieq Capital LLC Acquires Shares of 65,040 Burlington Stores, Inc. $BURL

Ieq Capital LLC bought a new stake in shares of Burlington Stores, Inc. (NYSE:BURL) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 65,040 shares of the company’s stock, valued at approximately $20,605,000. Ieq Capital LLC owned 0.10% of Burlington Stores as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. JPL Wealth Management LLC purchased a new stake in shares of Burlington Stores during the third quarter worth $28,000. Harbour Investments Inc. grew its stake in Burlington Stores by 44.7% in the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after purchasing an additional 34 shares in the last quarter. Reflection Asset Management acquired a new position in Burlington Stores in the 4th quarter worth about $34,000. Larson Financial Group LLC raised its stake in shares of Burlington Stores by 180.0% during the 4th quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock worth $36,000 after purchasing an additional 81 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Burlington Stores by 235.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after buying an additional 113 shares during the last quarter.

Insider Buying and Selling at Burlington Stores

In other news, CMO Jennifer Vecchio sold 1,678 shares of Burlington Stores stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $369.04, for a total value of $619,249.12. Following the transaction, the chief marketing officer directly owned 77,661 shares in the company, valued at approximately $28,660,015.44. The trade was a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Stephen Ferroni sold 2,343 shares of the business’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 disclosure for this sale is available in the SEC filing. Insiders sold 30,392 shares of company stock worth $10,280,271 over the last ninety days. Company insiders own 1.30% of the company’s stock.

Burlington Stores Price Performance

Shares of Burlington Stores stock opened at $327.10 on Friday. 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 has a fifty day simple moving average of $342.03 and a 200-day simple moving average of $324.76. The stock has a market capitalization of $20.59 billion, a price-to-earnings ratio of 33.62, a PEG ratio of 1.71 and a beta of 1.44. Burlington Stores, Inc. has a 1-year low of $240.49 and a 1-year high of $378.33.

Burlington Stores (NYSE:BURL) last posted its 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. The business had revenue of $2.86 billion for the quarter, compared to analyst estimates 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 was up 14.1% compared to the same quarter last year. During the same period 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. On average, sell-side analysts expect that Burlington Stores, Inc. will post 12.21 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. UBS Group lifted their target price on shares of Burlington Stores from $435.00 to $440.00 and gave the company a “buy” rating in a research note on Monday. Wells Fargo & Company cut their price target on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Weiss Ratings lowered shares of Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 23rd. Wall Street Zen cut shares of Burlington Stores from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Finally, JPMorgan Chase & Co. lowered their target price on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Thirteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $371.50.

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.