Vestcor Inc Has $1.69 Million Stock Holdings in Burlington Stores, Inc. $BURL

Vestcor Inc cut its position in shares of Burlington Stores, Inc. (NYSE:BURL) by 45.6% during the 4th quarter, Holdings Channel reports. The firm owned 5,838 shares of the company’s stock after selling 4,900 shares during the quarter. Vestcor Inc’s holdings in Burlington Stores were worth $1,686,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Analysts Set New Price Targets

A number of brokerages recently commented on BURL. UBS Group reiterated a “buy” rating and issued a $435.00 price target on shares of Burlington Stores in a research note on Friday, May 29th. Truist Financial upped their price target on shares of Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a research note on Thursday, May 28th. Robert W. Baird boosted their price objective on Burlington Stores from $345.00 to $375.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. JPMorgan Chase & Co. lowered their target price on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. Finally, Bank of America lifted their price target on Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Fifteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Burlington Stores currently has a consensus rating of “Moderate Buy” and an average target price of $353.56.

Insider Buying and Selling at Burlington Stores

In related news, COO Travis Marquette sold 3,759 shares of the 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 sale, the chief operating officer owned 26,350 shares in the company, valued at approximately $8,636,212.50. This trade represents a 12.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.30% of the company’s stock.

Burlington Stores Trading Down 0.0%

Shares of BURL stock opened at $317.03 on Monday. The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 1.03. The stock has a market cap of $19.95 billion, a P/E ratio of 32.58, a price-to-earnings-growth ratio of 1.71 and a beta of 1.46. The stock has a 50 day simple moving average of $320.47 and a 200 day simple moving average of $302.88. Burlington Stores, Inc. has a 1 year low of $218.52 and a 1 year high of $351.85.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.21. The business had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The firm’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.60 earnings per share. 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, research analysts predict that Burlington Stores, Inc. will post 11.7 earnings per share for the current fiscal 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.