Clearbridge Investments LLC Sells 54,122 Shares of Burlington Stores, Inc. $BURL

Clearbridge Investments LLC lessened its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 8.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 558,431 shares of the company’s stock after selling 54,122 shares during the period. Clearbridge Investments LLC’s holdings in Burlington Stores were worth $161,303,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of 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 purchasing an additional 232,358 shares during the last quarter. State Street Corp grew its holdings in shares of 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 purchasing an additional 26,529 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of 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 purchasing an additional 1,912,305 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Burlington Stores by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 1,233,176 shares of the company’s stock worth $355,261,000 after purchasing an additional 27,074 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its holdings in shares of Burlington Stores by 17.5% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,110,632 shares of the company’s stock worth $320,806,000 after purchasing an additional 165,078 shares during the last quarter.

Insider Transactions at Burlington Stores

In related news, COO Travis Marquette sold 3,759 shares of the firm’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total value of $1,232,012.25. Following the transaction, the chief operating officer owned 26,350 shares in the company, valued at $8,636,212.50. This trade represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.30% of the stock is currently owned by corporate insiders.

Burlington Stores Price Performance

Burlington Stores stock opened at $317.03 on Monday. The business’s 50-day simple moving average is $320.47 and its 200 day simple moving average is $302.88. The stock has a market cap of $19.95 billion, a price-to-earnings ratio of 32.58, a P/E/G ratio of 1.71 and a beta of 1.46. Burlington Stores, Inc. has a 12-month low of $218.52 and a 12-month high of $351.85. 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 posted 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 for 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 quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter last 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. As a group, research analysts anticipate that Burlington Stores, Inc. will post 11.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Telsey Advisory Group restated an “outperform” rating and set a $365.00 target price on shares of Burlington Stores in a report on Tuesday, March 31st. Jefferies Financial Group restated a “buy” rating and set a $365.00 target price on shares of Burlington Stores in a report on Friday, May 29th. Barclays increased their target price on Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. Bank of America increased their target price on Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Finally, Citigroup increased their target price on Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Fifteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.