Oppenheimer Asset Management Inc. Purchases New Shares in Burlington Stores, Inc. $BURL

Oppenheimer Asset Management Inc. purchased a new position in shares of Burlington Stores, Inc. (NYSE:BURL) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,180 shares of the company’s stock, valued at approximately $2,275,000.

Several other hedge funds and other institutional investors have also bought and sold shares of BURL. Harbour Investments Inc. boosted its holdings in Burlington Stores by 44.7% in 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 during the period. Fifth Third Bancorp increased its holdings in shares of 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 increased its holdings in shares of 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. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Burlington Stores by 14.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after buying an additional 38 shares in the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in shares of Burlington Stores by 0.3% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 13,012 shares of the company’s stock valued at $3,759,000 after buying an additional 40 shares in the last quarter.

Insider Buying and Selling

In other Burlington Stores news, CMO Jennifer Vecchio sold 1,678 shares of Burlington Stores stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $369.04, for a total value of $619,249.12. Following the transaction, the chief marketing officer owned 77,661 shares in the company, valued at $28,660,015.44. The trade was a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Stephen Ferroni sold 2,343 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $337.22, for a total value of $790,106.46. Following the transaction, the chief accounting officer directly owned 1,391 shares of the company’s stock, valued at approximately $469,073.02. The trade was a 62.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 30,392 shares of company stock worth $10,280,271 in the last ninety days. 1.30% of the stock is owned by insiders.

Burlington Stores Stock Up 0.0%

Shares of BURL opened at $347.79 on Monday. The firm has a 50 day simple moving average of $341.53 and a two-hundred day simple moving average of $323.50. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49. 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 $21.89 billion, a P/E ratio of 35.74, a P/E/G ratio of 1.87 and a beta of 1.44.

Burlington Stores (NYSE:BURL) last issued its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The firm had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter last year, the business posted $1.60 EPS. The company’s revenue was up 14.1% compared to the same quarter last year. 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. Research analysts forecast that Burlington Stores, Inc. will post 11.74 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BURL. Wells Fargo & Company cut their price target on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Wall Street Zen lowered Burlington Stores from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. UBS Group reaffirmed a “buy” rating and issued a $435.00 price objective on shares of Burlington Stores in a report on Friday, May 29th. Bank of America upped their target price on Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Finally, Jefferies Financial Group increased their target price on Burlington Stores from $365.00 to $410.00 and gave the stock a “buy” rating in a report on Friday. Thirteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $364.38.

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.