Sculptor Capital LP Takes $56.55 Million Position in Burlington Stores, Inc. $BURL

Sculptor Capital LP bought a new stake in Burlington Stores, Inc. (NYSE:BURL) in the second quarter, Holdings Channel reports. The institutional investor bought 178,500 shares of the company’s stock, valued at approximately $56,549,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in Burlington Stores in the second quarter valued at about $2,157,518,000. Northwestern Mutual Wealth Management Co. increased 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 buying an additional 1,912,305 shares in the last quarter. Jupiter Topco LLC acquired a new stake in shares of Burlington Stores during the second quarter worth approximately $283,228,000. Primecap Management Co. CA bought a new position in shares of Burlington Stores in the second quarter valued at approximately $266,416,000. Finally, Norges Bank bought a new position in shares of Burlington Stores in the fourth quarter valued at approximately $224,971,000.

Burlington Stores Trading Down 4.4%

BURL stock opened at $316.17 on Wednesday. The company has a market cap of $19.90 billion, a P/E ratio of 32.49, a PEG ratio of 1.70 and a beta of 1.44. Burlington Stores, Inc. has a twelve month low of $240.49 and a twelve 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 business has a fifty day moving average of $341.56 and a 200-day moving average of $325.28.

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 the consensus estimate of $1.80 by $0.21. The business 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 firm’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.60 earnings per share. 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. As a group, equities research analysts expect that Burlington Stores, Inc. will post 12.21 EPS for the current year.

Analyst Ratings Changes

BURL has been the subject of several research analyst reports. Bank of America lifted their price objective on Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a research report on Friday, May 29th. JPMorgan Chase & Co. decreased their target price on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Weiss Ratings lowered Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 23rd. Barclays lifted their price target on Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Burlington Stores in a research report on Thursday, August 6th. Thirteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $371.50.

Insider Buying and Selling at Burlington Stores

In related news, CMO Jennifer Vecchio sold 20,920 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $341.53, for a total transaction of $7,144,807.60. Following the completion of the sale, the chief marketing officer directly owned 81,017 shares of the company’s stock, valued at $27,669,736.01. The trade was a 20.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Matthew Pasch sold 3,773 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the sale, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 30,392 shares of company stock worth $10,280,271. Company insiders own 1.30% of the company’s stock.

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.