New York State Teachers Retirement System Sells 2,117 Shares of Burlington Stores, Inc. $BURL

New York State Teachers Retirement System cut its position in shares of Burlington Stores, Inc. (NYSE:BURL) by 5.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 37,563 shares of the company’s stock after selling 2,117 shares during the period. New York State Teachers Retirement System owned 0.06% of Burlington Stores worth $12,222,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of BURL. Signaturefd LLC raised its stake in Burlington Stores by 4.4% in the fourth quarter. Signaturefd LLC now owns 787 shares of the company’s stock valued at $227,000 after buying an additional 33 shares during the period. Harbour Investments Inc. boosted its position in Burlington Stores by 44.7% during the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after purchasing an additional 34 shares during the period. Fifth Third Bancorp boosted its position in Burlington Stores by 6.4% during the fourth quarter. Fifth Third Bancorp now owns 585 shares of the company’s stock worth $169,000 after purchasing an additional 35 shares during the period. Vident Advisory LLC increased its holdings in shares of Burlington Stores by 1.1% in the second quarter. Vident Advisory LLC now owns 3,330 shares of the company’s stock valued at $775,000 after purchasing an additional 36 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in shares of Burlington Stores by 17.8% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 251 shares of the company’s stock valued at $73,000 after purchasing an additional 38 shares during the last quarter.

Wall Street Analyst Weigh In

Several brokerages recently commented on BURL. Jefferies Financial Group reaffirmed a “buy” rating and set a $365.00 target price on shares of Burlington Stores in a report on Friday, May 29th. Barclays raised their price objective on shares of Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Weiss Ratings restated a “buy (b-)” rating on shares of Burlington Stores in a report on Thursday, June 18th. JPMorgan Chase & Co. decreased their target price on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Finally, Bank of America increased their target price on Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Fifteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Burlington Stores presently has an average rating of “Moderate Buy” and an average target price of $353.56.

Insider Activity

In related news, CAO Stephen Ferroni sold 2,343 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $337.22, for a total value of $790,106.46. Following the completion of the sale, the chief accounting officer directly owned 1,391 shares in the company, valued at approximately $469,073.02. The trade was a 62.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CMO Jennifer Vecchio sold 20,920 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $341.53, for a total value of $7,144,807.60. Following the sale, the chief marketing officer directly owned 81,017 shares in the company, valued at $27,669,736.01. This represents a 20.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 27,036 shares of company stock worth $9,131,747. Corporate insiders own 1.30% of the company’s stock.

Burlington Stores Price Performance

NYSE:BURL opened at $313.49 on Monday. Burlington Stores, Inc. has a 52 week low of $240.49 and a 52 week high of $351.85. The firm has a market cap 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’s 50-day simple moving average is $318.47 and its 200 day simple moving average is $311.62. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.49 and a current ratio of 1.16.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings data 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 net margin of 5.24% and a return on equity of 39.93%. The business had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.80 billion. During the same quarter in the previous year, the company earned $1.60 EPS. The business’s 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. As a group, sell-side analysts predict that Burlington Stores, Inc. will post 11.71 earnings per share for the current year.

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.