Fjarde AP Fonden Fourth Swedish National Pension Fund Increases Stock Position in Burlington Stores, Inc. $BURL

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in Burlington Stores, Inc. (NYSE:BURL) by 53.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,902 shares of the company’s stock after acquiring an additional 6,890 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Burlington Stores were worth $6,476,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Hudson Bay Capital Management LP purchased a new stake in shares of Burlington Stores during the 3rd quarter valued at about $4,142,000. Massachusetts Financial Services Co. MA lifted its stake in shares of Burlington Stores by 17.5% in the 4th 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 period. Alkeon Capital Management LLC boosted its holdings 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 buying an additional 175,000 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of Burlington Stores by 82.8% in the fourth quarter. Assenagon Asset Management S.A. now owns 23,157 shares of the company’s stock worth $6,689,000 after buying an additional 10,492 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Burlington Stores by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 1,233,176 shares of the company’s stock valued at $355,261,000 after buying an additional 27,074 shares during the period.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Wall Street Zen raised shares of Burlington Stores from a “hold” rating to a “buy” rating in a report on Saturday, May 30th. Jefferies Financial Group reiterated a “buy” rating and set a $365.00 price target on shares of Burlington Stores in a research note on Friday, May 29th. Telsey Advisory Group reissued an “outperform” rating and set a $365.00 price objective on shares of Burlington Stores in a research report on Tuesday, March 31st. Wells Fargo & Company reduced their price objective on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Finally, Truist Financial raised their target price on Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Fifteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $353.56.

Burlington Stores Trading Up 0.1%

Burlington Stores stock opened at $313.49 on Monday. Burlington Stores, Inc. has a 12-month low of $240.49 and a 12-month high of $351.85. The firm has a market capitalization of $19.73 billion, a price-to-earnings ratio of 32.22, a P/E/G ratio of 1.69 and a beta of 1.46. The firm has a 50 day moving average of $318.47 and a 200 day moving average of $311.62. 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 quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.21. The business had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The company’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.60 earnings per share. 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, research analysts predict that Burlington Stores, Inc. will post 11.71 earnings per share for the current year.

Insider Activity

In related news, CMO Jennifer Vecchio sold 20,920 shares of Burlington Stores 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 transaction, the chief marketing officer owned 81,017 shares in the company, valued at approximately $27,669,736.01. The trade was a 20.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Matthew Pasch sold 3,773 shares of Burlington Stores stock in a transaction on Friday, June 5th. The shares were sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the transaction, the insider owned 6,523 shares in the company, valued at approximately $2,069,160.83. This trade represents a 36.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 27,036 shares of company stock worth $9,131,747 in the last three months. Company insiders own 1.30% of the company’s stock.

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.