JPMorgan Chase & Co. Sells 62,814 Shares of Burlington Stores, Inc. $BURL

JPMorgan Chase & Co. trimmed its stake in shares of Burlington Stores, Inc. (NYSE:BURL) by 0.9% in the fourth quarter, HoldingsChannel reports. The firm owned 6,843,099 shares of the company’s stock after selling 62,814 shares during the quarter. JPMorgan Chase & Co. owned 0.11% of Burlington Stores worth $1,976,629,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Signaturefd LLC boosted its position in Burlington Stores by 4.4% during the fourth quarter. Signaturefd LLC now owns 787 shares of the company’s stock worth $227,000 after purchasing an additional 33 shares during the period. Harbour Investments Inc. boosted its position in Burlington Stores by 44.7% during the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after purchasing an additional 34 shares during the period. Fifth Third Bancorp boosted its position in Burlington Stores by 6.4% during the fourth quarter. Fifth Third Bancorp now owns 585 shares of the company’s stock worth $169,000 after purchasing an additional 35 shares during the period. Vident Advisory LLC boosted its position in Burlington Stores by 1.1% during the second quarter. Vident Advisory LLC now owns 3,330 shares of the company’s stock worth $775,000 after purchasing an additional 36 shares during the period. Finally, MassMutual Private Wealth & Trust FSB boosted its position in Burlington Stores by 17.8% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 251 shares of the company’s stock worth $73,000 after purchasing an additional 38 shares during the period.

Insider Activity

In other news, COO Travis Marquette sold 3,759 shares of the business’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total value of $1,232,012.25. Following the completion of the sale, the chief operating officer owned 26,350 shares of the company’s stock, valued at approximately $8,636,212.50. The trade was a 12.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.30% of the company’s stock.

Burlington Stores Trading Down 0.9%

Shares of Burlington Stores stock opened at $314.07 on Tuesday. The firm has a 50-day moving average of $320.36 and a 200-day moving average of $303.15. The stock has a market cap of $19.77 billion, a PE ratio of 32.28, a PEG ratio of 1.71 and a beta of 1.46. Burlington Stores, Inc. has a 52-week low of $218.52 and a 52-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.

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, beating analysts’ consensus estimates of $1.80 by $0.21. The company had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. Burlington Stores’s quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter in the previous year, the business 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. As a group, sell-side analysts forecast that Burlington Stores, Inc. will post 11.7 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Wall Street Zen raised shares of Burlington Stores from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. Barclays lifted their price objective on shares of Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. UBS Group reaffirmed a “buy” rating and set a $435.00 price objective on shares of Burlington Stores in a research report on Friday, May 29th. Robert W. Baird lifted their price objective on shares of Burlington Stores from $345.00 to $375.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Finally, Evercore reissued an “outperform” rating and issued a $375.00 target price on shares of Burlington Stores in a research report on Thursday, March 5th. Fifteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $353.56.

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.