19,706 Shares in Burlington Stores, Inc. $BURL Purchased by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP purchased a new position in shares of Burlington Stores, Inc. (NYSE:BURL) in the 3rd quarter, Holdings Channel.com reports. The firm purchased 19,706 shares of the company’s stock, valued at approximately $5,322,000.

Other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Burlington Stores in the 2nd quarter valued at $2,157,518,000. Jupiter Topco LLC acquired a new stake in Burlington Stores during the 2nd quarter worth $283,228,000. Primecap Management Co. CA acquired a new stake in Burlington Stores during the 2nd quarter worth $266,416,000. Bank of New York Mellon Corp acquired a new stake in Burlington Stores during the 2nd quarter worth $148,766,000. Finally, Legal & General Group Plc purchased a new stake in shares of Burlington Stores during the second quarter worth $95,868,000.

Burlington Stores Stock Performance

Shares of Burlington Stores stock opened at $256.81 on Tuesday. The business’s 50 day moving average price is $254.50 and its 200 day moving average price is $305.72. The company has a market cap of $16.13 billion, a price-to-earnings ratio of 23.05, a PEG ratio of 1.74 and a beta of 1.50. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.47 and a current ratio of 1.17. Burlington Stores, Inc. has a one year low of $226.85 and a one year high of $378.33.

Burlington Stores (NYSE:BURL) last issued its earnings results on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $3.03 billion. During the same period in the prior year, the business earned $1.72 EPS. The firm’s quarterly revenue 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. On average, research analysts predict that Burlington Stores, Inc. will post 11.91 EPS for the current year.

Insider Buying and Selling at Burlington Stores

In other news, CMO Jennifer Vecchio sold 1,678 shares of the business’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $271.53, for a total transaction of $455,627.34. Following the transaction, the chief marketing officer owned 74,305 shares of the company’s stock, valued at approximately $20,176,036.65. The trade was a 2.21% decrease in their position. 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.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on BURL shares. The Goldman Sachs Group reduced their target price on shares of Burlington Stores from $394.00 to $382.00 and set a “buy” rating for the company in a research report on Monday, August 31st. Jefferies Financial Group raised their price target on shares of Burlington Stores from $365.00 to $410.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Weiss Ratings upgraded shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 16th. Wolfe Research initiated coverage on shares of Burlington Stores in a research note on Wednesday, October 21st. They set an “outperform” rating and a $356.00 price objective for the company. Finally, Citigroup cut their price objective on shares of Burlington Stores from $380.00 to $318.00 and set a “neutral” rating for the company in a report on Friday, August 28th. Fifteen equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $368.06.

About Burlington Stores

Burlington Stores, Inc is a U.S. off-price retailer that sells apparel, footwear, accessories and home products through its Burlington-branded stores. Its merchandise includes clothing for women, men and children, as well as items such as home décor, furnishings and seasonal goods.

The company uses an off-price retail model, purchasing merchandise from a range of suppliers and offering products at discounts to regular department-store and specialty-store prices. Product selection and availability can vary by store and season.

Founded in 1972 as Burlington Coat Factory, the company began as a retailer specializing in coats and expanded into a broader assortment of merchandise.