Burlington Stores (NYSE:BURL) Insider Sells $1,196,833.33 in Stock

Burlington Stores, Inc. (NYSE:BURL) insider Matthew Pasch sold 3,773 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the sale, the insider owned 6,523 shares in the company, valued at $2,069,160.83. This represents a 36.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Burlington Stores Stock Up 4.6%

Shares of BURL opened at $342.10 on Friday. The firm has a 50 day simple moving average of $321.26 and a two-hundred day simple moving average of $304.12. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49. Burlington Stores, Inc. has a one year low of $218.52 and a one year high of $351.85. The company has a market cap of $21.53 billion, a P/E ratio of 35.16, a P/E/G ratio of 1.76 and a beta of 1.46.

Burlington Stores (NYSE:BURL) last issued its 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 quarter last year, the business posted $1.60 EPS. The company’s 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. Research analysts forecast that Burlington Stores, Inc. will post 11.7 EPS for the current fiscal year.

Analysts Set New Price Targets

BURL has been the subject of several research analyst reports. Robert W. Baird boosted their target price on Burlington Stores from $345.00 to $375.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Jefferies Financial Group restated a “buy” rating and issued a $365.00 price target on shares of Burlington Stores in a research note on Friday, May 29th. Evercore reaffirmed an “outperform” rating and set a $375.00 price target on shares of Burlington Stores in a report on Thursday, March 5th. Citigroup increased their price objective on shares of Burlington Stores from $351.00 to $380.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Finally, UBS Group restated a “buy” rating and issued a $435.00 target price on shares of Burlington Stores in a research report on Friday, May 29th. Fifteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Burlington Stores has an average rating of “Moderate Buy” and an average target price of $353.56.

Institutional Trading of Burlington Stores

Several hedge funds and other institutional investors have recently made changes to their positions in BURL. Hudson Bay Capital Management LP acquired a new position in Burlington Stores in the 3rd quarter valued at approximately $4,142,000. Vanguard Group Inc. lifted its holdings in shares of Burlington Stores by 3.5% during the third 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 during the period. Massachusetts Financial Services Co. MA grew its stake in shares of Burlington Stores by 17.5% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,110,632 shares of the company’s stock worth $320,806,000 after purchasing an additional 165,078 shares during the last quarter. Alkeon Capital Management LLC grew its stake in shares of Burlington Stores by 50.0% in the third quarter. Alkeon Capital Management LLC now owns 525,000 shares of the company’s stock worth $133,612,000 after purchasing an additional 175,000 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in Burlington Stores by 82.8% in the fourth quarter. Assenagon Asset Management S.A. now owns 23,157 shares of the company’s stock valued at $6,689,000 after purchasing an additional 10,492 shares during the period.

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.