Burlington Stores (NYSE:BURL) Given New $375.00 Price Target at Wells Fargo & Company

Burlington Stores (NYSE:BURL) had its price objective cut by Wells Fargo & Company from $400.00 to $375.00 in a report published on Friday,Benzinga reports. They currently have an overweight rating on the stock.

A number of other brokerages have also commented on BURL. Barclays increased their price target on shares of Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a report on Tuesday. 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 report on Thursday. UBS Group reissued a “buy” rating and issued a $435.00 price target on shares of Burlington Stores in a 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 report on Friday, March 6th. Finally, Weiss Ratings raised shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Fifteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $353.56.

Burlington Stores Stock Up 7.8%

Burlington Stores stock opened at $323.88 on Friday. The firm’s 50-day simple moving average is $320.30 and its 200 day simple moving average is $301.40. 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 stock has a market cap of $20.35 billion, a PE ratio of 33.29, a price-to-earnings-growth ratio of 1.79 and a beta of 1.48. Burlington Stores has a fifty-two week low of $218.52 and a fifty-two week high of $351.85.

Burlington Stores (NYSE:BURL) last posted 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. The business had revenue of $2.86 billion for the quarter, compared to analyst estimates 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 was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.60 EPS. 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 predict that Burlington Stores will post 11.46 EPS for the current fiscal year.

Insider Activity at Burlington Stores

In other news, COO Travis Marquette sold 3,759 shares of Burlington Stores stock in a transaction that occurred on Tuesday, March 24th. The shares were 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 directly owned 26,350 shares in the company, valued at $8,636,212.50. The trade was a 12.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Burlington Stores

Large investors have recently bought and sold shares of the business. Stone House Investment Management LLC bought a new stake in Burlington Stores in the fourth quarter worth $25,000. Harbour Investments Inc. increased 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 purchasing an additional 34 shares during the last quarter. JPL Wealth Management LLC bought a new stake in Burlington Stores in the third quarter worth $28,000. Reflection Asset Management bought a new stake in Burlington Stores in the fourth quarter worth $34,000. Finally, Larson Financial Group LLC increased its position in Burlington Stores by 180.0% in the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock worth $36,000 after purchasing an additional 81 shares during the last quarter.

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

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.