Man Group plc Invests $11.72 Million in Burlington Stores, Inc. $BURL

Man Group plc bought a new stake in shares of Burlington Stores, Inc. (NYSE:BURL) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 36,988 shares of the company’s stock, valued at approximately $11,718,000.

A number of other institutional investors have also recently bought and sold shares of the stock. B. Metzler seel. Sohn & Co. AG bought a new position in shares of Burlington Stores during the second quarter valued at about $3,210,000. Bull Harbor Capital LLC purchased a new stake in Burlington Stores in the first quarter worth $1,091,000. Advisors Capital Management LLC purchased a new stake in shares of Burlington Stores in the 2nd quarter worth about $3,133,000. Geode Capital Management LLC boosted its position in Burlington Stores by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 1,233,176 shares of the company’s stock valued at $355,261,000 after acquiring an additional 27,074 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. bought a new stake in shares of Burlington Stores during the second quarter valued at approximately $503,000.

Insider Transactions at Burlington Stores

In related news, CMO Jennifer Vecchio sold 1,678 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $369.04, for a total transaction of $619,249.12. Following the sale, the chief marketing officer owned 77,661 shares in the company, valued at approximately $28,660,015.44. This represents a 2.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Matthew Pasch sold 3,773 shares of the stock in a transaction on Friday, June 5th. The shares were 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 approximately $2,069,160.83. This represents a 36.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 30,392 shares of company stock worth $10,280,271 in the last three months. Insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

BURL has been the topic of a number of recent research reports. Citigroup cut their price objective on shares of Burlington Stores from $380.00 to $318.00 and set a “neutral” rating on the stock in a report on Friday. Bank of America boosted their target price on Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Jefferies Financial Group increased their price target on Burlington Stores from $365.00 to $410.00 and gave the company a “buy” rating in a report on Friday, August 14th. Evercore reissued an “outperform” rating and issued a $400.00 price objective on shares of Burlington Stores in a report on Monday, August 17th. Finally, Weiss Ratings raised Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday. Thirteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $367.56.

Burlington Stores News Summary

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: Second-quarter adjusted EPS reached $2.96, well above the roughly $2.18–$2.19 analyst consensus and up substantially from the prior year. Revenue increased 11% year over year to approximately $3.0 billion, while operating-margin expansion supported the company’s 15th consecutive quarter of double-digit EPS growth. Burlington Stores Reports Strong Second Quarter Sales and Earnings Growth
• Positive Sentiment: Burlington raised its fiscal 2026 adjusted EPS outlook to $11.77–$11.97, above the prior consensus of about $11.23, and expects revenue of $12.7–$12.8 billion. The retailer also plans to use tariff refunds to lower prices, potentially supporting customer traffic and value perception. Burlington Stores Plans to Use Tariff Refunds to Lower Prices
• Neutral Sentiment: The company is pursuing aggressive expansion, with reports of 20 new stores opening across 12 states in September. Store growth can increase long-term sales, though it also raises execution and investment requirements. Burlington Expansion Bringing New Stores to 12 States
• Negative Sentiment: Second-quarter revenue of about $3.0 billion fell short of the $3.03 billion consensus, and comparable-store sales grew only 2%, slowing from 5% a year earlier. The deceleration raised concerns about underlying demand despite the earnings beat. BURL Shares Slide Despite Q2 Earnings Beat
• Negative Sentiment: Fiscal third-quarter EPS guidance of $1.60–$1.70 is materially below the approximately $2.04 analyst consensus. Reports also cited tariff-related costs and a weaker-than-expected near-term forecast as reasons for the market reaction.
• Negative Sentiment: Citigroup cut its price target from $380 to $318 and moved to a neutral rating. Morgan Stanley also reduced its target modestly, from $438 to $432, although it maintained an overweight rating. Analyst Price Target Updates

Burlington Stores Stock Performance

BURL opened at $273.25 on Friday. Burlington Stores, Inc. has a fifty-two week low of $240.49 and a fifty-two week high of $378.33. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.49 and a current ratio of 1.17. The company has a fifty day moving average of $339.01 and a 200 day moving average of $324.84. The stock has a market capitalization of $17.20 billion, a price-to-earnings ratio of 24.53, a PEG ratio of 1.55 and a beta of 1.44.

Burlington Stores (NYSE:BURL) last posted its earnings results on Thursday, August 27th. The company reported $2.96 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.77. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same period in the previous year, the business earned $1.72 earnings per share. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. As a group, sell-side analysts forecast that Burlington Stores, Inc. will post 11.74 earnings per share for the current fiscal year.

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.