National Pension Service Acquires 2,473 Shares of Burlington Stores, Inc. $BURL

National Pension Service increased its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 64.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,290 shares of the company’s stock after buying an additional 2,473 shares during the quarter. National Pension Service’s holdings in Burlington Stores were worth $1,601,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. First Horizon Corp acquired a new position in Burlington Stores during the third quarter worth about $25,000. Root Financial Partners LLC bought a new stake in shares of Burlington Stores during the 3rd quarter valued at approximately $30,000. Mather Group LLC. acquired a new position in Burlington Stores during the 3rd quarter worth approximately $36,000. Geneos Wealth Management Inc. lifted its stake in Burlington Stores by 235.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after purchasing an additional 113 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in Burlington Stores by 362.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 222 shares of the company’s stock valued at $52,000 after purchasing an additional 174 shares during the last quarter.

Burlington Stores Price Performance

Shares of BURL opened at $299.26 on Wednesday. The business has a 50-day moving average of $284.93 and a 200-day moving average of $278.45. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.21 and a quick ratio of 0.46. The company has a market capitalization of $18.83 billion, a price-to-earnings ratio of 34.40, a price-to-earnings-growth ratio of 1.62 and a beta of 1.74. Burlington Stores, Inc. has a 1 year low of $212.92 and a 1 year high of $315.14.

Burlington Stores (NYSE:BURL) last released its earnings results on Tuesday, November 25th. The company reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.59 by $0.09. The business had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.74 billion. Burlington Stores had a net margin of 5.01% and a return on equity of 41.02%. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.55 EPS. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS and its FY 2025 guidance at 9.690-9.890 EPS. As a group, equities research analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Guggenheim started coverage on shares of Burlington Stores in a research note on Tuesday, December 9th. They set a “neutral” rating on the stock. The Goldman Sachs Group set a $331.00 price objective on Burlington Stores in a research report on Wednesday, November 26th. TD Cowen reaffirmed a “buy” rating on shares of Burlington Stores in a report on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft assumed coverage on Burlington Stores in a research note on Thursday, January 8th. They set a “hold” rating and a $318.00 price target on the stock. Finally, JPMorgan Chase & Co. lowered their price objective on Burlington Stores from $346.00 to $316.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Fifteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Burlington Stores currently has an average rating of “Moderate Buy” and an average price target of $335.94.

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.