Burlington Stores (NYSE:BURL) Price Target Lowered to $375.00 at Wells Fargo & Company

Key Points

• Wells Fargo lowered its price target on Burlington Stores to $375 from $400, while keeping an overweight rating on the stock. The new target still implies about 19.4% upside from the current share price.
• Burlington’s latest earnings report was strong, with EPS of $2.01 topping estimates and revenue of $2.86 billion also beating expectations. The company also raised its Q2 and full-year 2026 guidance, signaling continued momentum.
• The stock was trading up 4.5% at $314.02, and analyst sentiment remains broadly positive with 16 Buy ratings and a consensus Moderate Buy. However, there has been some caution from other firms, including a recent downgrade to Hold and a lower target from Truist.

Burlington Stores (NYSE:BURL - Get Free Report) had its price objective lowered by Wells Fargo & Company from $400.00 to $375.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an "overweight" rating on the stock. Wells Fargo & Company's price target indicates a potential upside of 19.42% from the company's current price.

A number of other equities analysts have also recently issued reports on BURL. Evercore restated an "outperform" rating and set a $375.00 price target on shares of Burlington Stores in a report on Thursday, March 5th. Weiss Ratings upgraded Burlington Stores from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, March 23rd. UBS Group restated a "buy" rating on shares of Burlington Stores in a report on Friday. Truist Financial set a $310.00 price target on Burlington Stores in a report on Thursday. Finally, Wall Street Zen cut Burlington Stores from a "buy" rating to a "hold" rating in a report on Saturday, April 25th. Sixteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $356.29.

Burlington Stores Trading Up 4.5%

BURL stock traded up $13.50 during trading on Friday, hitting $314.02. The company had a trading volume of 411,737 shares, compared to its average volume of 808,993. The business has a 50-day moving average of $319.83 and a 200-day moving average of $301.24. Burlington Stores has a one year low of $218.52 and a one year high of $351.85. The stock has a market cap of $19.73 billion, a PE ratio of 32.83, a PEG ratio of 1.97 and a beta of 1.48. The company has a current ratio of 1.23, a quick ratio of 0.65 and a debt-to-equity ratio of 1.11.

Burlington Stores (NYSE:BURL - Get Free Report) last announced its earnings results on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.77 by $0.24. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The business had revenue of $2.86 billion for the quarter, compared to analysts' expectations of $2.80 billion. During the same period in the prior year, the business posted $1.67 earnings per share. The firm'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. Research analysts predict that Burlington Stores will post 11.3 earnings per share for the current fiscal year.

Insider Activity

In related news, COO Travis Marquette sold 3,759 shares of the stock in a transaction 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 transaction, the chief operating officer directly owned 26,350 shares in the company, valued at $8,636,212.50. This trade represents a 12.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Burlington Stores

Several large investors have recently bought and sold shares of BURL. Northwestern Mutual Wealth Management Co. lifted its stake in Burlington Stores by 303,059.4% during 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 acquiring an additional 1,912,305 shares in the last quarter. Norges Bank bought a new position in Burlington Stores during the 4th quarter valued at $224,971,000. Alyeska Investment Group L.P. lifted its stake in Burlington Stores by 103.5% during the 4th 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 in the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in Burlington Stores by 15.8% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company's stock valued at $817,122,000 after acquiring an additional 386,615 shares in the last quarter. Finally, Wellington Management Group LLP lifted its stake in Burlington Stores by 121.0% during the 4th quarter. Wellington Management Group LLP now owns 595,961 shares of the company's stock valued at $172,143,000 after acquiring an additional 326,328 shares in the last quarter.

Key Burlington Stores News

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: First-quarter results beat expectations on both earnings and revenue, showing continued momentum in Burlington’s off-price business.
• Positive Sentiment: Management raised second-quarter and full-year profit guidance, which typically supports the stock by improving visibility into future performance.
• Positive Sentiment: Strong consumer demand for value-priced retail appears to be helping Burlington gain from inflation-sensitive shoppers.
• Neutral Sentiment: The company outlined plans for 115 net new stores in 2026, indicating growth potential but also ongoing execution and capital needs.
• Negative Sentiment: Some trading commentary noted unusual put-option buying and a selloff despite the beat, suggesting investors may be cautious about valuation or near-term expectations.

Burlington Stores Company 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.

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