First National Bank of Omaha Acquires Shares of 8,302 Burlington Stores, Inc. $BURL

First National Bank of Omaha bought a new stake in Burlington Stores, Inc. (NYSE:BURL) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 8,302 shares of the company’s stock, valued at approximately $2,630,000.

Other hedge funds have also recently modified their holdings of the company. JPL Wealth Management LLC acquired a new stake in Burlington Stores in the 3rd quarter worth about $28,000. Harbour Investments Inc. lifted its position in shares of Burlington Stores by 44.7% in the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after acquiring an additional 34 shares in the last quarter. Reflection Asset Management purchased a new position in shares of Burlington Stores in the fourth quarter valued at approximately $34,000. Larson Financial Group LLC boosted its stake 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 acquiring an additional 81 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in Burlington Stores by 235.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after purchasing an additional 113 shares during the last quarter.

Insider Activity

In other Burlington Stores news, insider Matthew Pasch sold 3,773 shares of Burlington Stores stock in a transaction dated 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. The trade was a 36.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Stephen Ferroni sold 2,343 shares of the business’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 owned 1,391 shares in the company, valued at $469,073.02. The trade was a 62.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 30,392 shares of company stock valued at $10,280,271. 1.30% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on BURL. Truist Financial lifted their target price on shares of Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. Weiss Ratings cut shares of Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 23rd. Jefferies Financial Group raised their price target on shares of Burlington Stores from $365.00 to $410.00 and gave the stock a “buy” rating in a research note on Friday. Bank of America boosted their price target on shares of Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Finally, Wells Fargo & Company dropped 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, May 29th. Thirteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $371.50.

Burlington Stores Stock Performance

Shares of Burlington Stores stock opened at $336.61 on Wednesday. Burlington Stores, Inc. has a one year low of $240.49 and a one year high of $378.33. The company has a market cap of $21.19 billion, a price-to-earnings ratio of 34.60, a PEG ratio of 1.87 and a beta of 1.44. 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 business’s 50 day moving average price is $342.23 and its 200 day moving average price is $324.17.

Burlington Stores (NYSE:BURL) last issued its 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. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The company had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.80 billion. During the same period in the prior year, the business earned $1.60 EPS. The firm’s quarterly revenue was up 14.1% on a year-over-year basis. 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 11.74 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.