Dockside LLC Purchases New Stake in Burlington Stores, Inc. $BURL

Dockside LLC purchased a new position in Burlington Stores, Inc. (NYSE:BURL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 7,294 shares of the company’s stock, valued at approximately $2,311,000.

A number of other large investors have also added to or reduced their stakes in BURL. Bull Harbor Capital LLC bought a new position in Burlington Stores during the 1st quarter valued at approximately $1,091,000. Geode Capital Management LLC grew its position in shares of Burlington Stores by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 1,233,176 shares of the company’s stock worth $355,261,000 after buying an additional 27,074 shares during the last quarter. Intech Investment Management LLC increased its stake in shares of Burlington Stores by 35.9% during the fourth quarter. Intech Investment Management LLC now owns 14,345 shares of the company’s stock valued at $4,144,000 after buying an additional 3,789 shares during the period. Eurizon Capital SGR S.p.A. purchased a new position in shares of Burlington Stores during the fourth quarter valued at approximately $3,514,000. Finally, GW&K Investment Management LLC raised its holdings in shares of Burlington Stores by 14.6% during the fourth quarter. GW&K Investment Management LLC now owns 341,034 shares of the company’s stock valued at $98,509,000 after acquiring an additional 43,337 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on BURL. Wells Fargo & Company dropped 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. Barclays upped their price objective on shares of Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. Bank of America lifted their target price on shares of Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Wall Street Zen cut shares of Burlington Stores from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Finally, Truist Financial increased their price target on shares of Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. Thirteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Burlington Stores has an average rating of “Moderate Buy” and an average target price of $364.38.

Insider Activity at Burlington Stores

In related news, CMO Jennifer Vecchio sold 20,920 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $341.53, for a total transaction of $7,144,807.60. Following the sale, the chief marketing officer owned 81,017 shares of the company’s stock, valued at $27,669,736.01. The trade was a 20.52% 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 company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $337.22, for a total transaction of $790,106.46. Following the completion of the sale, the chief accounting officer owned 1,391 shares in the company, valued at approximately $469,073.02. This trade represents 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 valued at $10,280,271 in the last three months. Company insiders own 1.30% of the company’s stock.

Burlington Stores Price Performance

Shares of BURL stock opened at $347.79 on Friday. The business’s fifty day moving average is $341.53 and its 200 day moving average is $323.29. 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 stock has a market cap of $21.89 billion, a price-to-earnings ratio of 35.74, a PEG ratio of 1.91 and a beta of 1.44. Burlington Stores, Inc. has a twelve month low of $240.49 and a twelve month high of $378.33.

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

About Burlington Stores

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.