Allstate Corp Boosts Position in Burlington Stores, Inc. $BURL

Allstate Corp raised its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 103.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 4,473 shares of the company’s stock after purchasing an additional 2,270 shares during the period. Allstate Corp’s holdings in Burlington Stores were worth $1,292,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of BURL. Vanguard Group Inc. boosted its stake in Burlington Stores by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock worth $1,726,070,000 after purchasing an additional 232,358 shares in the last quarter. State Street Corp grew its holdings in shares of Burlington Stores by 1.2% during the third quarter. State Street Corp now owns 2,184,171 shares of the company’s stock worth $555,872,000 after buying an additional 26,529 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Burlington Stores by 303,059.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock valued at $552,552,000 after acquiring an additional 1,912,305 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Burlington Stores by 17.5% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,110,632 shares of the company’s stock valued at $320,806,000 after acquiring an additional 165,078 shares during the last quarter. Finally, Dorsal Capital Management LP boosted its position in shares of Burlington Stores by 6.7% during the 3rd quarter. Dorsal Capital Management LP now owns 800,000 shares of the company’s stock valued at $203,600,000 after acquiring an additional 50,000 shares during the last quarter.

Insider Buying and Selling

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of the firm’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total value of $1,232,012.25. Following the completion of the sale, the chief operating officer owned 26,350 shares of the company’s stock, valued at approximately $8,636,212.50. This trade represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Barclays upped their target price on shares of Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a research report on Tuesday. JPMorgan Chase & Co. reduced their price target on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a research report on Friday. Robert W. Baird increased their price target on shares of Burlington Stores from $345.00 to $375.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Wall Street Zen raised shares of Burlington Stores from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Jefferies Financial Group restated a “buy” rating and set a $365.00 target price on shares of Burlington Stores in a research note on Friday. Fifteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $353.56.

Trending Headlines about Burlington Stores

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

• Positive Sentiment: Bank of America raised its price target on Burlington Stores to $375 and reiterated a buy rating, signaling confidence in further upside. Benzinga
• Positive Sentiment: Wells Fargo kept an overweight rating and lifted its target to $375, following stronger-than-expected quarterly performance and improved guidance. Tickerreport.com
• Positive Sentiment: Burlington reported first-quarter EPS of $2.01 versus $1.77 expected and revenue of $2.86 billion versus $2.80 billion expected, extending its streak of double-digit EPS growth to 14 quarters. GlobeNewswire release
• Positive Sentiment: The company raised fiscal 2026 EPS guidance to $11.45-$11.80, above consensus, and outlined plans for 115 net new stores, reinforcing the growth outlook. MSN article
• Neutral Sentiment: JPMorgan lowered its price target to $351 but maintained an overweight rating, which is still supportive despite the smaller target. Benzinga
• Neutral Sentiment: Some traders bought large volumes of put options, suggesting hedging or caution even as fundamentals improved. American Banking News
• Negative Sentiment: JPMorgan and Wells Fargo both trimmed their price targets from prior levels, indicating analysts see a bit less upside than before despite keeping bullish ratings. Benzinga
• Negative Sentiment: Reports noted the stock sold off after earnings even though Burlington beat estimates, suggesting investors may have been focused on valuation or taking profits after the run-up. Benzinga earnings article

Burlington Stores Price Performance

Burlington Stores stock opened at $323.88 on Friday. Burlington Stores, Inc. has a one year low of $218.52 and a one year high of $351.85. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.65 and a current ratio of 1.16. The business has a fifty day moving average of $320.30 and a two-hundred day moving average of $301.40. The company has a market cap of $20.35 billion, a P/E ratio of 33.29, a price-to-earnings-growth ratio of 1.79 and a beta of 1.48.

Burlington Stores (NYSE:BURL) last released its earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter last year, the company earned $1.60 earnings per share. Burlington Stores’s quarterly revenue was up 14.1% compared to the same quarter last year. 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, analysts predict that Burlington Stores, Inc. will post 11.46 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.