Legal & General Group Plc Purchases New Position in Burlington Stores, Inc. $BURL

Legal & General Group Plc acquired a new position in Burlington Stores, Inc. (NYSE:BURL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 302,614 shares of the company’s stock, valued at approximately $95,868,000. Legal & General Group Plc owned approximately 0.48% of Burlington Stores as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of BURL. Harbour Investments Inc. raised its position in Burlington Stores by 44.7% during the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after purchasing an additional 34 shares in the last quarter. JPL Wealth Management LLC purchased a new position in shares of Burlington Stores during the third quarter valued at $28,000. Reflection Asset Management purchased a new position in shares of Burlington Stores during the fourth quarter valued at $34,000. Larson Financial Group LLC increased its stake in shares of Burlington Stores by 180.0% during the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock valued at $36,000 after buying an additional 81 shares during the period. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Burlington Stores by 235.4% in the second quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after acquiring an additional 113 shares in the last quarter.

Insider Transactions at Burlington Stores

In related news, insider Matthew Pasch sold 3,773 shares of the stock in a transaction that occurred 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 owned 6,523 shares of the company’s stock, valued at $2,069,160.83. This represents a 36.65% 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 firm’s stock in a transaction that occurred on 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 sale, the chief accounting officer owned 1,391 shares of the company’s stock, valued at approximately $469,073.02. This trade represents a 62.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 30,392 shares of company stock valued at $10,280,271 in the last 90 days. Insiders own 1.30% of the company’s stock.

Key Burlington Stores News

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

• Positive Sentiment: Burlington reported second-quarter adjusted EPS of $2.96, well above the $2.19 consensus estimate, while revenue increased 11% year over year to approximately $3.0 billion. The company also achieved its 15th consecutive quarter of double-digit EPS growth, supported by a 100-basis-point operating-margin improvement. Burlington Stores second-quarter results
• Positive Sentiment: Management raised full-year 2026 adjusted EPS guidance to $11.77–$11.97, above the $11.23 analyst consensus, and expects full-year revenue of approximately $12.7–$12.8 billion. Burlington Stores drop analysis
• Positive Sentiment: The company continues to expand its store base, reaching 1,287 locations, up 13.1% from a year ago. Burlington also plans to use tariff refunds to reduce prices, which could support customer traffic and value perception. Burlington Stores tariff refunds

Burlington Stores Price Performance

Shares of BURL stock opened at $289.44 on Friday. The stock’s 50-day moving average is $340.27 and its 200 day moving average is $325.21. Burlington Stores, Inc. has a 1-year low of $240.49 and a 1-year high of $378.33. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49. The company has a market cap of $18.22 billion, a P/E ratio of 29.75, a PEG ratio of 1.61 and a beta of 1.44.

Burlington Stores (NYSE:BURL) last announced 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. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.03 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The firm’s revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.72 earnings per share. 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. Research analysts predict that Burlington Stores, Inc. will post 12.21 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently weighed in on BURL shares. Weiss Ratings raised shares of Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday. Truist Financial raised their target price on shares of Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Bank of America boosted 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. Jefferies Financial Group upped their price target on shares of Burlington Stores from $365.00 to $410.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Finally, Barclays increased their price objective 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 issued a Hold rating to the company’s stock. According to MarketBeat, Burlington Stores presently has a consensus rating of “Moderate Buy” and an average target price of $371.50.

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.