HB Wealth Management LLC Has $1.06 Million Position in Burlington Stores, Inc. $BURL

HB Wealth Management LLC lifted its stake in Burlington Stores, Inc. (NYSE:BURL) by 152.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,268 shares of the company’s stock after buying an additional 1,976 shares during the period. HB Wealth Management LLC’s holdings in Burlington Stores were worth $1,063,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in BURL. Northwestern Mutual Wealth Management Co. raised its stake in shares of Burlington Stores by 303,059.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock valued at $552,552,000 after buying an additional 1,912,305 shares in the last quarter. Norges Bank acquired a new stake in shares of Burlington Stores during the 4th quarter valued at about $224,971,000. Alyeska Investment Group L.P. increased its stake in Burlington Stores by 103.5% in the fourth quarter. Alyeska Investment Group L.P. now owns 1,285,336 shares of the company’s stock valued at $371,269,000 after acquiring an additional 653,718 shares during the period. T. Rowe Price Investment Management Inc. raised its position in Burlington Stores by 15.8% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company’s stock worth $817,122,000 after purchasing an additional 386,615 shares in the last quarter. Finally, Wellington Management Group LLP raised its position in Burlington Stores by 121.0% in the fourth quarter. Wellington Management Group LLP now owns 595,961 shares of the company’s stock worth $172,143,000 after purchasing an additional 326,328 shares in the last quarter.

Burlington Stores Stock Performance

Shares of BURL stock opened at $317.04 on Thursday. The firm has a 50 day moving average of $317.61 and a 200-day moving average of $312.65. The company has a market cap of $19.95 billion, a price-to-earnings ratio of 32.58, a price-to-earnings-growth ratio of 1.70 and a beta of 1.46. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 1.03. Burlington Stores, Inc. has a 52 week low of $240.49 and a 52 week high of $351.85.

Burlington Stores (NYSE:BURL) last released its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. The company 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%. Burlington Stores’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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. On average, equities analysts forecast that Burlington Stores, Inc. will post 11.71 earnings per share for the current year.

Insider Activity

In other news, CAO Stephen Ferroni sold 2,343 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction of $790,106.46. Following the transaction, the chief accounting officer owned 1,391 shares in the company, valued at approximately $469,073.02. This represents a 62.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CMO Jennifer Vecchio sold 20,920 shares of the stock in a transaction dated 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 transaction, the chief marketing officer directly owned 81,017 shares in the company, valued at $27,669,736.01. This trade represents a 20.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 28,714 shares of company stock worth $9,661,022. Company insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on BURL. Wall Street Zen raised Burlington Stores from a “hold” rating to a “buy” rating in a report on Saturday, May 30th. Barclays raised their target price on Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Wells Fargo & Company decreased their price target on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. Bank of America increased their price objective on Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Finally, UBS Group reissued a “buy” rating and set a $435.00 price objective on shares of Burlington Stores in a report on Friday, May 29th. Fifteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $353.56.

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.