Brokerages Set Burlington Stores, Inc. (NYSE:BURL) Target Price at $357.47

Burlington Stores, Inc. (NYSE:BURL) has earned a consensus recommendation of “Moderate Buy” from the twenty ratings firms that are presently covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $353.5625.

A number of research firms recently issued reports on BURL. Wall Street Zen upgraded shares of Burlington Stores from a “hold” rating to a “buy” rating in a report on Saturday. Weiss Ratings upgraded shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Wells Fargo & Company decreased their price objective on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a research note on Friday. Truist Financial boosted their price objective on shares of Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a research note on Thursday. Finally, Citigroup boosted their price objective on shares of Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a research note on Friday, March 6th.

Insider Transactions at Burlington Stores

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of the business’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the completion of the sale, the chief operating officer directly owned 26,350 shares in the company, valued at $8,636,212.50. The trade was a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.30% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Burlington Stores

Several institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Burlington Stores by 3.5% during the third 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 period. T. Rowe Price Investment Management Inc. grew its stake in Burlington Stores by 15.8% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company’s stock worth $817,122,000 after buying an additional 386,615 shares during the period. State Street Corp grew its stake in Burlington Stores by 1.2% during the third quarter. State Street Corp now owns 2,184,171 shares of the company’s stock worth $555,872,000 after buying an additional 26,529 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in 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 during the period. Finally, Alyeska Investment Group L.P. grew its stake in Burlington Stores by 103.5% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,285,336 shares of the company’s stock worth $371,269,000 after buying an additional 653,718 shares during the period.

Burlington Stores News Roundup

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: Bank of America raised its price target on Burlington Stores to $375 and reiterated a buy rating, signaling confidence in further upside. Benzinga
• Positive Sentiment: Wells Fargo kept an overweight rating and lifted its target to $375, following stronger-than-expected quarterly performance and improved guidance. Tickerreport.com
• Positive Sentiment: Burlington reported first-quarter EPS of $2.01 versus $1.77 expected and revenue of $2.86 billion versus $2.80 billion expected, extending its streak of double-digit EPS growth to 14 quarters. GlobeNewswire release
• Positive Sentiment: The company raised fiscal 2026 EPS guidance to $11.45-$11.80, above consensus, and outlined plans for 115 net new stores, reinforcing the growth outlook. MSN article
• Neutral Sentiment: JPMorgan lowered its price target to $351 but maintained an overweight rating, which is still supportive despite the smaller target. Benzinga
• Neutral Sentiment: Some traders bought large volumes of put options, suggesting hedging or caution even as fundamentals improved. American Banking News
• Negative Sentiment: JPMorgan and Wells Fargo both trimmed their price targets from prior levels, indicating analysts see a bit less upside than before despite keeping bullish ratings. Benzinga
• Negative Sentiment: Reports noted the stock sold off after earnings even though Burlington beat estimates, suggesting investors may have been focused on valuation or taking profits after the run-up. Benzinga earnings article

Burlington Stores Price Performance

Burlington Stores stock opened at $323.88 on Wednesday. Burlington Stores has a 1 year low of $218.52 and a 1 year high of $351.85. The firm has a 50 day moving average price of $320.30 and a 200 day moving average price of $301.54. The company has a market cap of $20.38 billion, a price-to-earnings ratio of 33.29, a PEG ratio of 1.89 and a beta of 1.46. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.49 and a current ratio of 1.16.

Burlington Stores (NYSE:BURL) last released its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $2.80 billion. During the same period in the previous year, the firm earned $1.60 earnings per share. Burlington Stores’s revenue 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. Sell-side analysts predict that Burlington Stores will post 11.68 earnings per share for the current year.

About Burlington Stores

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.