Burlington Stores (NYSE:BURL) Upgraded at Wall Street Zen

Burlington Stores (NYSE:BURL) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Other analysts also recently issued reports about the company. Telsey Advisory Group restated an “outperform” rating and issued a $365.00 price target on shares of Burlington Stores in a research note on Tuesday, March 31st. UBS Group restated a “buy” rating and issued a $435.00 price target on shares of Burlington Stores in a research note on Friday. Citigroup lifted their price target on Burlington Stores from $351.00 to $380.00 and gave the company a “buy” rating in a research note on Friday, March 6th. JPMorgan Chase & Co. reduced their price objective on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a report on Friday. Finally, Barclays lifted their price objective on Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a report on Tuesday. Fifteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $353.56.

Burlington Stores Stock Up 7.8%

Burlington Stores stock opened at $323.88 on Friday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.65. Burlington Stores has a 1-year low of $218.52 and a 1-year high of $351.85. The company 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. The stock’s 50 day moving average price is $320.30 and its 200 day moving average price is $301.40.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share 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 firm had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same period in the previous year, the business earned $1.60 earnings per share. The company’s revenue for the quarter 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. On average, sell-side analysts predict that Burlington Stores will post 11.46 EPS for the current fiscal year.

Insider Transactions at Burlington Stores

In related news, COO Travis Marquette sold 3,759 shares of Burlington Stores stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the completion of the transaction, the chief operating officer directly owned 26,350 shares of the company’s stock, valued at approximately $8,636,212.50. The trade was a 12.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Burlington Stores

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Essential Partners LLC raised its holdings in Burlington Stores by 142.3% during the first quarter. Essential Partners LLC now owns 751 shares of the company’s stock worth $244,000 after purchasing an additional 441 shares during the last quarter. Edgestream Partners L.P. acquired a new position in shares of Burlington Stores in the first quarter worth $623,000. Janus Henderson Group PLC raised its holdings in shares of Burlington Stores by 1.0% in the first quarter. Janus Henderson Group PLC now owns 880,017 shares of the company’s stock worth $286,341,000 after acquiring an additional 8,361 shares during the last quarter. Bull Harbor Capital LLC acquired a new position in shares of Burlington Stores in the first quarter worth $1,091,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Burlington Stores by 148.9% in the first quarter. EverSource Wealth Advisors LLC now owns 2,292 shares of the company’s stock worth $746,000 after acquiring an additional 1,371 shares during the last quarter.

Key Headlines Impacting 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.