Global Retirement Partners LLC Takes Position in Burlington Stores, Inc. $BURL

Global Retirement Partners LLC purchased a new stake in shares of Burlington Stores, Inc. (NYSE:BURL) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 4,647 shares of the company’s stock, valued at approximately $1,472,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp acquired a new stake in Burlington Stores during the second quarter worth approximately $148,766,000. Focus Partners Advisor Solutions LLC bought a new stake in Burlington Stores in the second quarter worth approximately $1,449,000. State of Wyoming acquired a new position in Burlington Stores in the second quarter valued at approximately $71,000. GSA Capital Partners LLP acquired a new position in Burlington Stores in the second quarter valued at approximately $335,000. Finally, Oppenheimer Asset Management Inc. bought a new position in shares of Burlington Stores during the 2nd quarter worth approximately $2,275,000.

Insider Buying and Selling at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 20,920 shares of the firm’s stock in a transaction on 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 transaction, the chief marketing officer directly owned 81,017 shares of the company’s stock, valued at approximately $27,669,736.01. This trade represents a 20.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Stephen Ferroni sold 2,343 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction of $790,106.46. Following the completion of the transaction, the chief accounting officer directly owned 1,391 shares in the company, 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. Over the last three months, insiders have sold 30,392 shares of company stock valued at $10,280,271. Corporate insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Bank of America raised their price objective on shares of Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Morgan Stanley reiterated an “overweight” rating on shares of Burlington Stores in a research report on Thursday, August 6th. Wall Street Zen lowered shares of Burlington Stores from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Citigroup cut shares of Burlington Stores from a “buy” rating to a “neutral” rating and set a $380.00 price target for the company. in a report on Wednesday, August 5th. Finally, Barclays lifted their price target on shares of Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Thirteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Burlington Stores presently has an average rating of “Moderate Buy” and an average target price of $371.50.

Burlington Stores Trading Down 2.9%

NYSE BURL opened at $337.45 on Tuesday. The company has a market cap of $21.24 billion, a price-to-earnings ratio of 34.68, a P/E/G ratio of 1.87 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 business has a 50 day moving average price of $342.00 and a 200-day moving average price of $323.83. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 1.03.

Burlington Stores (NYSE:BURL) last issued 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. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The company had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same period in the prior year, the firm earned $1.60 earnings per share. Burlington Stores’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. As a group, equities analysts expect that Burlington Stores, Inc. will post 11.74 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.