30,510 Shares in Burlington Stores, Inc. $BURL Bought by Danske Bank A S

Danske Bank A S acquired a new position in shares of Burlington Stores, Inc. (NYSE:BURL) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 30,510 shares of the company’s stock, valued at approximately $9,666,000.

Several other large investors have also modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Burlington Stores by 14.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after purchasing an additional 38 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Burlington Stores by 1,604.7% in the 1st quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock worth $345,000 after buying an additional 1,364 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in Burlington Stores by 91.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 698 shares of the company’s stock valued at $162,000 after acquiring an additional 334 shares during the period. Daiwa Securities Group Inc. raised its stake in Burlington Stores by 12.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 7,459 shares of the company’s stock valued at $1,735,000 after acquiring an additional 821 shares in the last quarter. Finally, AXA S.A. raised its stake in Burlington Stores by 1,033.2% during the 2nd quarter. AXA S.A. now owns 10,754 shares of the company’s stock valued at $2,502,000 after acquiring an additional 9,805 shares in the last quarter.

Burlington Stores Trading Down 1.8%

Shares of Burlington Stores stock opened at $327.10 on Friday. The business has a fifty day simple moving average of $342.03 and a 200-day simple moving average of $324.76. Burlington Stores, Inc. has a fifty-two week low of $240.49 and a fifty-two week high of $378.33. The firm has a market cap of $20.59 billion, a price-to-earnings ratio of 33.62, a price-to-earnings-growth ratio of 1.71 and a beta of 1.44. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 1.03.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.80 by $0.21. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The firm had revenue of $2.86 billion for the quarter, compared to analysts’ expectations of $2.80 billion. During the same period in the previous year, the business earned $1.60 earnings per share. Burlington Stores’s revenue for the quarter 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 analysts forecast that Burlington Stores, Inc. will post 12.21 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on BURL. Truist Financial raised their price target on Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a report on Thursday, May 28th. Evercore reaffirmed an “outperform” rating and issued a $400.00 price objective on shares of Burlington Stores in a report on Monday. Wells Fargo & Company decreased their target price on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Barclays raised their target price on shares of Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Finally, Wall Street Zen lowered shares of Burlington Stores from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Thirteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Burlington Stores presently has an average rating of “Moderate Buy” and a consensus price target of $371.50.

Insider Buying and Selling

In related news, CAO Stephen Ferroni sold 2,343 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $337.22, for a total value of $790,106.46. Following the sale, the chief accounting officer directly owned 1,391 shares in the company, valued at $469,073.02. The trade was a 62.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Matthew Pasch sold 3,773 shares of the stock in a transaction that occurred 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 sale, the insider directly owned 6,523 shares of the company’s stock, valued at approximately $2,069,160.83. This represents a 36.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 30,392 shares of company stock worth $10,280,271 in the last ninety days. 1.30% of the stock is currently owned by corporate insiders.

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.