Capricorn Fund Managers Ltd Buys Shares of 10,000 Burlington Stores, Inc. $BURL

Capricorn Fund Managers Ltd purchased a new stake in Burlington Stores, Inc. (NYSE:BURL) in the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 10,000 shares of the company’s stock, valued at approximately $3,254,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Burlington Stores by 14.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after buying an additional 38 shares during the period. Jones Financial Companies Lllp boosted its stake in Burlington Stores by 1,604.7% during the first quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock worth $345,000 after buying an additional 1,364 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of Burlington Stores by 91.8% during the second quarter. EverSource Wealth Advisors LLC now owns 698 shares of the company’s stock valued at $162,000 after acquiring an additional 334 shares during the last quarter. Daiwa Securities Group Inc. increased its position in shares of Burlington Stores by 12.4% during the second quarter. Daiwa Securities Group Inc. now owns 7,459 shares of the company’s stock valued at $1,735,000 after acquiring an additional 821 shares during the last quarter. Finally, AXA S.A. raised its stake in shares of Burlington Stores by 1,033.2% in the 2nd quarter. AXA S.A. now owns 10,754 shares of the company’s stock valued at $2,502,000 after acquiring an additional 9,805 shares during the period.

Insiders Place Their Bets

In other news, CAO Stephen Ferroni sold 2,343 shares of Burlington Stores stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $337.22, for a total value of $790,106.46. Following the transaction, the chief accounting officer directly owned 1,391 shares of the company’s stock, valued at $469,073.02. The trade was a 62.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CMO Jennifer Vecchio sold 20,920 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $341.53, for a total transaction of $7,144,807.60. Following the completion of the sale, the chief marketing officer owned 81,017 shares of the company’s stock, valued at approximately $27,669,736.01. This trade represents a 20.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 27,036 shares of company stock valued at $9,131,747 over the last quarter. Company insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on BURL shares. Wells Fargo & Company dropped their target price on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a report on Friday, May 29th. UBS Group restated a “buy” rating and set a $435.00 price target on shares of Burlington Stores in a research note on Friday, May 29th. Citigroup raised their price target on Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Bank of America boosted their price objective on Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a report on Friday, May 29th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $365.00 target price on shares of Burlington Stores in a research note on Friday, May 29th. Fifteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Burlington Stores currently has a consensus rating of “Moderate Buy” and a consensus target price of $353.56.

Burlington Stores Price Performance

Shares of BURL opened at $316.51 on Wednesday. Burlington Stores, Inc. has a twelve month low of $231.46 and a twelve month high of $351.85. The firm’s fifty day simple moving average is $320.18 and its 200-day simple moving average is $310.65. The firm has a market capitalization of $19.92 billion, a price-to-earnings ratio of 32.53, a PEG ratio of 1.69 and a beta of 1.46. The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 1.03.

Burlington Stores (NYSE:BURL) last issued its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.21. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same quarter last year, the company earned $1.60 EPS. The business’s quarterly revenue was up 14.1% on a year-over-year basis. 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. Equities analysts forecast that Burlington Stores, Inc. will post 11.71 EPS for the current fiscal year.

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.