Wealthfront Advisers LLC Acquires 5,026 Shares of Burlington Stores, Inc. $BURL

Wealthfront Advisers LLC boosted its holdings in Burlington Stores, Inc. (NYSE:BURL) by 45.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,043 shares of the company’s stock after purchasing an additional 5,026 shares during the quarter. Wealthfront Advisers LLC’s holdings in Burlington Stores were worth $5,220,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in BURL. Stone House Investment Management LLC bought a new position in Burlington Stores during the fourth quarter valued at approximately $25,000. JPL Wealth Management LLC purchased a new position in Burlington Stores during the third quarter worth $28,000. Harbour Investments Inc. boosted its stake in shares of Burlington Stores by 44.7% during the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after purchasing an additional 34 shares during the period. Reflection Asset Management purchased a new position in shares of Burlington Stores during the fourth quarter valued at approximately $34,000. Finally, Larson Financial Group LLC grew its position in Burlington Stores by 180.0% in the 4th quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock valued at $36,000 after acquiring an additional 81 shares during the last quarter.

Insiders Place Their Bets

In other Burlington Stores news, insider Matthew Pasch sold 3,773 shares of the stock in a transaction on Friday, June 5th. The shares were sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the transaction, the insider directly owned 6,523 shares of the company’s stock, valued at $2,069,160.83. This trade represents a 36.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Stephen Ferroni sold 2,343 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction of $790,106.46. Following the completion of the transaction, the chief accounting officer directly owned 1,391 shares in the company, valued at $469,073.02. This represents a 62.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 28,714 shares of company stock worth $9,661,022. Company insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Telsey Advisory Group restated an “outperform” rating and issued a $365.00 target price on shares of Burlington Stores in a research note on Tuesday, March 31st. Jefferies Financial Group reiterated a “buy” rating and issued a $365.00 target price on shares of Burlington Stores in a research note on Friday, May 29th. UBS Group reaffirmed a “buy” rating and issued a $435.00 price target on shares of Burlington Stores in a report on Friday, May 29th. Weiss Ratings upgraded shares of Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 7th. Finally, Wells Fargo & Company cut their target price 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. Fifteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $353.56.

Burlington Stores Price Performance

NYSE:BURL opened at $344.91 on Friday. The company has a 50 day moving average price of $320.75 and a 200-day moving average price of $314.98. The firm has a market cap of $21.71 billion, a price-to-earnings ratio of 35.45, a price-to-earnings-growth ratio of 1.86 and a beta of 1.46. Burlington Stores, Inc. has a 1-year low of $240.49 and a 1-year high of $361.21. 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 posted its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.21. The business had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The company’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same period in the prior year, the company 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. Equities research analysts forecast that Burlington Stores, Inc. will post 11.71 EPS for the current year.

Burlington Stores 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.