AEGON ASSET MANAGEMENT UK Plc Invests $2.21 Million in Burlington Stores, Inc. $BURL

AEGON ASSET MANAGEMENT UK Plc acquired a new stake in shares of Burlington Stores, Inc. (NYSE:BURL) in the first quarter, Holdings Channel.com reports. The firm acquired 6,800 shares of the company’s stock, valued at approximately $2,213,000.

Other hedge funds have also made changes to their positions in the company. Hudson Bay Capital Management LP acquired a new stake in shares of Burlington Stores during the 3rd quarter worth approximately $4,142,000. Massachusetts Financial Services Co. MA raised 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 valued at $320,806,000 after purchasing an additional 165,078 shares in the last quarter. Alkeon Capital Management LLC lifted its position in 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 period. Assenagon Asset Management S.A. lifted its position 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 worth $6,689,000 after purchasing an additional 10,492 shares during the period. Finally, Andra AP fonden boosted its stake in Burlington Stores by 15.3% during the third quarter. Andra AP fonden now owns 46,800 shares of the company’s stock worth $11,911,000 after buying an additional 6,200 shares in the last quarter.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Telsey Advisory Group restated an “outperform” rating and issued a $365.00 price objective on shares of Burlington Stores in a research note on Tuesday, March 31st. Robert W. Baird lifted their target price on shares of Burlington Stores from $345.00 to $375.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Bank of America upped their target price on shares of 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 raised shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 23rd. Finally, Citigroup raised their price target on shares of Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Fifteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $353.56.

Burlington Stores Stock Performance

Burlington Stores stock opened at $336.30 on Friday. The firm has a market capitalization of $21.17 billion, a P/E ratio of 34.56, a P/E/G ratio of 1.82 and a beta of 1.46. The stock has a fifty day moving average price of $321.72 and a two-hundred day moving average price of $306.93. Burlington Stores, Inc. has a 52-week low of $218.52 and a 52-week high of $351.85. 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 (NYSE:BURL) last issued its 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. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The company had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the previous year, the company earned $1.60 EPS. The firm’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. As a group, analysts anticipate that Burlington Stores, Inc. will post 11.71 EPS for the current fiscal year.

Insider Activity

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of the company’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the sale, the chief operating officer directly owned 26,350 shares of the company’s stock, valued at approximately $8,636,212.50. This represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CMO Jennifer Vecchio sold 20,920 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $341.53, for a total transaction of $7,144,807.60. Following the sale, the chief marketing officer directly owned 81,017 shares of the company’s stock, valued at approximately $27,669,736.01. The trade was a 20.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 30,795 shares of company stock valued at $10,363,760. 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.