Swiss National Bank Lowers Stock Holdings in Burlington Stores, Inc. $BURL

Swiss National Bank cut its holdings in Burlington Stores, Inc. (NYSE:BURL) by 4.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 181,900 shares of the company’s stock after selling 9,200 shares during the period. Swiss National Bank owned 0.29% of Burlington Stores worth $46,294,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Massachusetts Financial Services Co. MA increased its stake in Burlington Stores by 6.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 945,554 shares of the company’s stock valued at $240,643,000 after purchasing an additional 59,587 shares during the last quarter. Oak Thistle LLC acquired a new stake in Burlington Stores in the 3rd quarter worth about $1,932,000. Vanguard Group Inc. boosted its stake in Burlington Stores by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock worth $1,726,070,000 after buying an additional 232,358 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its holdings in Burlington Stores by 8.3% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 19,785 shares of the company’s stock valued at $4,603,000 after buying an additional 1,510 shares during the period. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in Burlington Stores in the 3rd quarter valued at about $1,033,000.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Telsey Advisory Group reiterated an “outperform” rating and set a $365.00 price objective (up from $350.00) on shares of Burlington Stores in a report on Monday, March 2nd. Robert W. Baird boosted their target price on shares of Burlington Stores from $345.00 to $375.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Barclays upped their price target on shares of Burlington Stores from $331.00 to $335.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. UBS Group reaffirmed a “buy” rating on shares of Burlington Stores in a research note on Tuesday, March 3rd. Finally, Evercore reiterated an “outperform” rating and issued a $375.00 price target on shares of Burlington Stores in a report on Thursday, March 5th. Fifteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $355.44.

Burlington Stores Stock Performance

Burlington Stores stock opened at $292.75 on Friday. The company has a market cap of $18.42 billion, a price-to-earnings ratio of 30.75, a price-to-earnings-growth ratio of 1.85 and a beta of 1.73. Burlington Stores, Inc. has a 12 month low of $212.92 and a 12 month high of $332.20. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.23 and a quick ratio of 0.65. The stock’s 50-day moving average is $304.21 and its 200-day moving average is $283.67.

Burlington Stores (NYSE:BURL) last issued its earnings results on Thursday, March 5th. The company reported $4.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.70 by $0.29. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The business had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $2.77 billion. During the same quarter in the previous year, the business earned $4.07 EPS. The company’s revenue for the quarter was up 11.3% on a year-over-year basis. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. Equities analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

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.