California State Teachers Retirement System Has $27.76 Million Stock Position in Burlington Stores, Inc. $BURL

California State Teachers Retirement System reduced its stake in Burlington Stores, Inc. (NYSE:BURL) by 2.1% during the 1st quarter, Holdings Channel reports. The fund owned 85,312 shares of the company’s stock after selling 1,808 shares during the period. California State Teachers Retirement System’s holdings in Burlington Stores were worth $27,759,000 as of its most recent filing with the Securities & Exchange Commission.

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

Burlington Stores Stock Down 0.8%

NYSE BURL opened at $369.26 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 company has a market cap of $23.24 billion, a price-to-earnings ratio of 37.95, a PEG ratio of 1.99 and a beta of 1.46. The company has a 50 day moving average of $332.99 and a 200-day moving average of $319.20. Burlington Stores, Inc. has a 1-year low of $240.49 and a 1-year high of $378.33.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the prior year, the business posted $1.60 earnings per share. The firm’s quarterly revenue was up 14.1% compared to the same quarter last year. 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 research analysts expect that Burlington Stores, Inc. will post 11.71 earnings per share for the current fiscal year.

Insider Activity

In related news, CAO Stephen Ferroni sold 2,343 shares of the firm’s 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 owned 1,391 shares in the company, valued at approximately $469,073.02. This trade represents a 62.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 completion of the transaction, the insider directly owned 6,523 shares of the company’s stock, valued at approximately $2,069,160.83. This trade represents a 36.65% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 28,714 shares of company stock worth $9,661,022. 1.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts recently issued reports on BURL shares. Weiss Ratings downgraded Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 23rd. Wells Fargo & Company lowered their price objective on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. JPMorgan Chase & Co. dropped their target price on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Barclays boosted their target price on shares of Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $365.00 price target on shares of Burlington Stores in a research note on Friday, May 29th. Fourteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Burlington Stores currently has an average rating of “Moderate Buy” and a consensus price target of $353.56.

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.