HB Wealth Management LLC Has $1.06 Million Position in Burlington Stores, Inc. $BURL

HB Wealth Management LLC raised its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 152.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,268 shares of the company’s stock after purchasing an additional 1,976 shares during the quarter. HB Wealth Management LLC’s holdings in Burlington Stores were worth $1,063,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of BURL. Hudson Bay Capital Management LP acquired a new position in Burlington Stores during the 3rd quarter valued at about $4,142,000. Massachusetts Financial Services Co. MA raised its stake in shares of Burlington Stores by 17.5% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,110,632 shares of the company’s stock worth $320,806,000 after purchasing an additional 165,078 shares during the last quarter. Alkeon Capital Management LLC lifted its holdings in shares of Burlington Stores by 50.0% in the third quarter. Alkeon Capital Management LLC now owns 525,000 shares of the company’s stock valued at $133,612,000 after purchasing an additional 175,000 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Burlington Stores by 82.8% in the fourth quarter. Assenagon Asset Management S.A. now owns 23,157 shares of the company’s stock valued at $6,689,000 after purchasing an additional 10,492 shares in the last quarter. Finally, Intech Investment Management LLC boosted its position in shares of Burlington Stores by 35.9% during the fourth quarter. Intech Investment Management LLC now owns 14,345 shares of the company’s stock valued at $4,144,000 after buying an additional 3,789 shares during the last quarter.

Insider Buying and Selling

In other Burlington Stores news, insider Matthew Pasch sold 3,773 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $317.21, for a total value of $1,196,833.33. Following the transaction, the insider directly owned 6,523 shares in the company, valued at $2,069,160.83. The trade was a 36.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Jennifer Vecchio sold 1,678 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $315.42, for a total transaction of $529,274.76. Following the transaction, the chief marketing officer directly owned 79,339 shares of the company’s stock, valued at $25,025,107.38. This represents a 2.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 28,714 shares of company stock worth $9,661,022. Insiders own 1.30% of the company’s stock.

Burlington Stores Stock Up 0.3%

Shares of NYSE:BURL opened at $317.04 on Thursday. Burlington Stores, Inc. has a 1 year low of $240.49 and a 1 year high of $351.85. The company has a market capitalization of $19.95 billion, a PE ratio of 32.58, a price-to-earnings-growth ratio of 1.70 and a beta of 1.46. The business has a fifty day moving average price of $317.61 and a two-hundred day moving average price of $312.65. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49.

Burlington Stores (NYSE:BURL) last released its earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. The company 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% compared to the same quarter last year. During the same period in the previous 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. Analysts forecast that Burlington Stores, Inc. will post 11.71 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on BURL. UBS Group reiterated a “buy” rating and set a $435.00 price target on shares of Burlington Stores in a report on Friday, May 29th. Bank of America upped their target price on shares of Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Truist Financial raised their price target on shares of Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $365.00 price objective on shares of Burlington Stores in a research report on Friday, May 29th. Finally, Wells Fargo & Company decreased their price objective on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Fifteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $353.56.

About Burlington Stores

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.