Burlington Stores, Inc. $BURL is Stephens Investment Management Group LLC’s 10th Largest Position

Stephens Investment Management Group LLC reduced its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 18.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 309,814 shares of the company’s stock after selling 69,075 shares during the quarter. Burlington Stores accounts for about 1.4% of Stephens Investment Management Group LLC’s investment portfolio, making the stock its 10th largest holding. Stephens Investment Management Group LLC’s holdings in Burlington Stores were worth $100,807,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. Stone House Investment Management LLC purchased a new position in Burlington Stores during the fourth quarter valued at approximately $25,000. JPL Wealth Management LLC bought a new position in Burlington Stores in the 3rd quarter valued at $28,000. Harbour Investments Inc. grew its position in shares of Burlington Stores by 44.7% during the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after purchasing an additional 34 shares in the last quarter. Reflection Asset Management purchased a new position in shares of Burlington Stores during the 4th quarter valued at $34,000. Finally, Larson Financial Group LLC increased its holdings in shares of Burlington Stores by 180.0% in the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock worth $36,000 after purchasing an additional 81 shares during the period.

Burlington Stores Stock Performance

Burlington Stores stock opened at $313.49 on Friday. Burlington Stores, Inc. has a fifty-two week low of $240.49 and a fifty-two week high of $351.85. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.49 and a current ratio of 1.16. The stock has a market cap of $19.73 billion, a P/E ratio of 32.22, a price-to-earnings-growth ratio of 1.69 and a beta of 1.46. The firm’s fifty day moving average price is $318.47 and its 200-day moving average price is $311.32.

Burlington Stores (NYSE:BURL) last announced 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 company had revenue of $2.86 billion during 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 firm’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same period in the previous year, the business earned $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, equities research analysts expect that Burlington Stores, Inc. will post 11.71 earnings per share for the current fiscal year.

Insider Activity at Burlington Stores

In related news, insider Matthew Pasch sold 3,773 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $317.21, for a total value of $1,196,833.33. Following the completion of the sale, the insider owned 6,523 shares in the company, valued at $2,069,160.83. The trade was a 36.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CMO Jennifer Vecchio sold 20,920 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $341.53, for a total value of $7,144,807.60. Following the completion of the sale, the chief marketing officer directly owned 81,017 shares of the company’s stock, valued at approximately $27,669,736.01. This represents a 20.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 27,036 shares of company stock valued at $9,131,747. Corporate insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Jefferies Financial Group reiterated a “buy” rating and issued a $365.00 price objective on shares of Burlington Stores in a research report on Friday, May 29th. Truist Financial upped their target price on Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. JPMorgan Chase & Co. lowered their price target on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Telsey Advisory Group reiterated an “outperform” rating and set a $365.00 price target on shares of Burlington Stores in a research report on Tuesday, March 31st. Finally, Barclays boosted their price objective on Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. Fifteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Burlington Stores currently has an average rating of “Moderate Buy” and a consensus target price of $353.56.

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.