Hsbc Holdings PLC Has $22 Million Stake in Burlington Stores, Inc. $BURL

Hsbc Holdings PLC lifted its position in Burlington Stores, Inc. (NYSE:BURL) by 22.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 75,846 shares of the company’s stock after buying an additional 13,799 shares during the quarter. Hsbc Holdings PLC’s holdings in Burlington Stores were worth $21,998,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC raised its position in Burlington Stores by 4.4% during the fourth quarter. Signaturefd LLC now owns 787 shares of the company’s stock valued at $227,000 after acquiring an additional 33 shares in the last quarter. Harbour Investments Inc. grew its position in Burlington Stores by 44.7% in the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after acquiring an additional 34 shares in the last quarter. Fifth Third Bancorp grew its position in Burlington Stores by 6.4% in the fourth quarter. Fifth Third Bancorp now owns 585 shares of the company’s stock worth $169,000 after acquiring an additional 35 shares in the last quarter. Vident Advisory LLC grew its position in Burlington Stores by 1.1% in the second quarter. Vident Advisory LLC now owns 3,330 shares of the company’s stock worth $775,000 after acquiring an additional 36 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of Burlington Stores by 17.8% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 251 shares of the company’s stock worth $73,000 after purchasing an additional 38 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on BURL shares. Bank of America raised their price target on shares of Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a report on Friday, May 29th. Wells Fargo & Company decreased their price objective on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Wall Street Zen raised shares of Burlington Stores from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. Telsey Advisory Group restated an “outperform” rating and set a $365.00 target price on shares of Burlington Stores in a report on Tuesday, March 31st. Finally, Citigroup boosted their price target on Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Fifteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $353.56.

Burlington Stores Trading Up 1.7%

NYSE:BURL opened at $338.03 on Thursday. Burlington Stores, Inc. has a 12 month low of $222.48 and a 12 month high of $351.85. The firm has a market cap of $21.28 billion, a price-to-earnings ratio of 34.74, a P/E/G ratio of 1.79 and a beta of 1.46. 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 company’s 50 day moving average is $321.83 and its 200-day moving average is $309.21.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings data 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 business had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. Burlington Stores’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same period in the previous year, the company 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. Equities analysts anticipate that Burlington Stores, Inc. will post 11.71 EPS for the current year.

Insiders Place Their Bets

In other Burlington Stores news, insider Matthew Pasch sold 3,773 shares of the business’s 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 transaction, the insider owned 6,523 shares of the company’s stock, valued at $2,069,160.83. The trade was a 36.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CMO Jennifer Vecchio sold 20,920 shares of the company’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. This trade represents a 20.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 27,036 shares of company stock valued at $9,131,747 in the last quarter. Insiders own 1.30% of the company’s stock.

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.