Dimensional Fund Advisors LP Purchases 6,053 Shares of Burlington Stores, Inc. $BURL

Dimensional Fund Advisors LP lifted its holdings in Burlington Stores, Inc. (NYSE:BURL) by 1.0% in the 1st quarter, Holdings Channel reports. The firm owned 612,805 shares of the company’s stock after acquiring an additional 6,053 shares during the period. Dimensional Fund Advisors LP’s holdings in Burlington Stores were worth $199,345,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Burlington Stores by 14.4% in the first 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 grew 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 valued at $345,000 after purchasing an additional 1,364 shares during the period. EverSource Wealth Advisors LLC increased its position 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 valued at $162,000 after purchasing an additional 334 shares during the last quarter. Daiwa Securities Group Inc. increased its position 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 valued at $1,735,000 after purchasing an additional 821 shares during the last quarter. Finally, AXA S.A. lifted its stake in shares of Burlington Stores by 1,033.2% in 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 period.

Analysts Set New Price Targets

Several brokerages have recently weighed in on BURL. Weiss Ratings cut shares of Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday. JPMorgan Chase & Co. lowered their price target on shares of 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 issued a $365.00 price target on shares of Burlington Stores in a research report on Tuesday, March 31st. Wells Fargo & Company decreased their price target on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Finally, Wall Street Zen raised Burlington Stores from a “hold” rating to a “buy” rating in a research note on Saturday. Fourteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $353.56.

Insiders Place Their Bets

In other Burlington Stores news, CAO Stephen Ferroni sold 2,343 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $337.22, for a total transaction of $790,106.46. Following the sale, the chief accounting officer directly owned 1,391 shares of the company’s stock, valued at $469,073.02. The trade was a 62.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CMO Jennifer Vecchio sold 20,920 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $341.53, for a total value of $7,144,807.60. Following the sale, the chief marketing officer owned 81,017 shares in the company, valued at approximately $27,669,736.01. This trade represents a 20.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 28,714 shares of company stock valued at $9,661,022 in the last three months. Corporate insiders own 1.30% of the company’s stock.

Burlington Stores Stock Up 3.0%

Shares of BURL stock opened at $349.62 on Friday. The stock has a market cap of $22.00 billion, a P/E ratio of 35.93, a PEG ratio of 1.83 and a beta of 1.46. The company’s fifty day simple moving average is $326.69 and its two-hundred day simple moving average is $317.08. 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, Inc. has a 52 week low of $240.49 and a 52 week high of $361.21.

Burlington Stores (NYSE:BURL) last released its quarterly earnings data on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. The business had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The company’s revenue was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.60 EPS. 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. Analysts predict that Burlington Stores, Inc. will post 11.71 EPS for the current fiscal year.

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.