BLI Banque de Luxembourg Investments lessened its stake in shares of Burlington Stores, Inc. (NYSE:BURL – Free Report) by 9.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 41,600 shares of the company’s stock after selling 4,500 shares during the quarter. BLI Banque de Luxembourg Investments’ holdings in Burlington Stores were worth $11,985,000 as of its most recent filing with the SEC.
Several other large investors also recently made changes to their positions in BURL. Stone House Investment Management LLC bought a new stake in shares of Burlington Stores during the 4th quarter worth about $25,000. JPL Wealth Management LLC bought a new stake in shares of Burlington Stores during the 3rd quarter worth about $28,000. Harbour Investments Inc. boosted its stake in shares of Burlington Stores by 44.7% during the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after acquiring an additional 34 shares in the last quarter. Larson Financial Group LLC boosted its stake in shares of Burlington Stores by 180.0% during the 4th quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock worth $36,000 after acquiring an additional 81 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its stake in shares of Burlington Stores by 235.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock worth $37,000 after acquiring an additional 113 shares in the last quarter.
Insider Buying and Selling
In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total value of $1,232,012.25. Following the completion of the transaction, the chief operating officer owned 26,350 shares of the company’s stock, valued at $8,636,212.50. This represents a 12.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.30% of the stock is currently owned by company insiders.
Burlington Stores Trading Down 0.9%
Burlington Stores (NYSE:BURL – Get Free Report) last posted its quarterly earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.80 by $0.21. The firm had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The company’s revenue for the quarter 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. As a group, equities analysts forecast that Burlington Stores, Inc. will post 11.7 EPS for the current year.
Analyst Ratings Changes
Several research firms have recently issued reports on BURL. Truist Financial upped their price target on Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. JPMorgan Chase & Co. decreased their target price on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Bank of America increased their target price on Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Weiss Ratings upgraded Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 23rd. Finally, Jefferies Financial Group restated a “buy” rating and set a $365.00 target price on shares of Burlington Stores in a research note on Friday, May 29th. Fifteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $353.56.
Check Out Our Latest Analysis on Burlington Stores
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.
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