1,587 Shares in Burlington Stores, Inc. $BURL Purchased by Meiji Yasuda Asset Management Co Ltd.

Meiji Yasuda Asset Management Co Ltd. acquired a new stake in shares of Burlington Stores, Inc. (NYSE:BURL) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,587 shares of the company’s stock, valued at approximately $503,000.

Several other large investors also recently added to or reduced their stakes in the stock. JPL Wealth Management LLC bought a new stake in shares of Burlington Stores during the third quarter valued at approximately $28,000. Harbour Investments Inc. boosted its holdings 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 purchasing an additional 34 shares during the period. Reflection Asset Management purchased a new stake in shares of Burlington Stores in the fourth quarter valued at approximately $34,000. Larson Financial Group LLC grew its stake in 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 purchasing an additional 81 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in Burlington Stores by 235.4% in the second quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock worth $37,000 after purchasing an additional 113 shares in the last quarter.

Insider Transactions at Burlington Stores

In related news, insider Matthew Pasch sold 3,773 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the completion of the sale, the insider directly owned 6,523 shares in the company, valued at $2,069,160.83. This represents a 36.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CMO Jennifer Vecchio sold 20,920 shares of the firm’s stock in a transaction dated 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 directly owned 81,017 shares in the company, valued at approximately $27,669,736.01. The trade was a 20.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 30,392 shares of company stock valued at $10,280,271. Corporate insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Wells Fargo & Company decreased their target price on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Morgan Stanley reissued an “overweight” rating on shares of Burlington Stores in a research report on Thursday, August 6th. Citigroup lowered Burlington Stores from a “buy” rating to a “neutral” rating and set a $380.00 price target on the stock. in a research note on Wednesday, August 5th. Barclays lifted their price objective on Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. 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 has a consensus rating of “Moderate Buy” and a consensus target price of $371.50.

Burlington Stores Stock Performance

Shares of NYSE:BURL opened at $316.17 on Wednesday. The company has a market capitalization of $19.90 billion, a price-to-earnings ratio of 32.49, a price-to-earnings-growth ratio of 1.70 and a beta of 1.44. Burlington Stores, Inc. has a 52 week low of $240.49 and a 52 week high of $378.33. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 1.03. The firm has a 50 day moving average of $341.56 and a 200 day moving average of $325.28.

Burlington Stores (NYSE:BURL) last posted its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. The company had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.Burlington Stores’s revenue was up 14.1% on a year-over-year basis. During the same quarter in the prior 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. On average, sell-side analysts predict that Burlington Stores, Inc. will post 12.21 earnings per share 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.