36,575 Shares in Burlington Stores, Inc. $BURL Bought by Public Employees Retirement System of Ohio

Key Points

• Public Employees Retirement System of Ohio purchased 36,575 Burlington Stores shares worth approximately $11.6 million, representing about 0.06% of the company.
• Burlington reported second-quarter adjusted EPS of $2.96, well above the $2.19 consensus, while revenue rose 11% year over year to roughly $3.0 billion. The company raised its fiscal 2026 EPS outlook to $11.77–$11.97.
• Despite the earnings beat, weaker comparable-store growth and below-consensus third-quarter guidance pressured sentiment; analysts maintain a “Moderate Buy” consensus with an average price target of $367.56, while Citigroup cut its target to $318 and Morgan Stanley reduced its target to $432.

Public Employees Retirement System of Ohio purchased a new stake in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 36,575 shares of the company's stock, valued at approximately $11,587,000. Public Employees Retirement System of Ohio owned about 0.06% of Burlington Stores as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. JPL Wealth Management LLC bought a new position in shares of Burlington Stores during the third quarter valued at about $28,000. Harbour Investments Inc. grew its stake in shares of Burlington Stores by 44.7% in 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 last quarter. Reflection Asset Management bought a new stake in shares of Burlington Stores in the fourth quarter worth about $34,000. Larson Financial Group LLC increased its holdings in Burlington Stores by 180.0% during the 4th quarter. Larson Financial Group LLC now owns 126 shares of the company's stock valued at $36,000 after purchasing an additional 81 shares during the period. Finally, Geneos Wealth Management Inc. increased its holdings in Burlington Stores by 235.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company's stock valued at $37,000 after purchasing an additional 113 shares during the period.

Wall Street Analyst Weigh In

Several research firms have weighed in on BURL. Morgan Stanley dropped their price objective on Burlington Stores from $438.00 to $432.00 and set an "overweight" rating for the company in a report on Friday. Citigroup reduced their target price on Burlington Stores from $380.00 to $318.00 and set a "neutral" rating on the stock in a research note on Friday. Bank of America upped their target price on Burlington Stores from $367.00 to $375.00 and gave the company a "buy" rating in a report on Friday, May 29th. Evercore reiterated an "outperform" rating and issued a $400.00 price target on shares of Burlington Stores in a report on Monday, August 17th. Finally, Wells Fargo & Company set a $370.00 price objective on shares of Burlington Stores in a research report on Friday. Thirteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $367.56.

Burlington Stores Stock Up 0.1%

BURL stock opened at $273.25 on Monday. Burlington Stores, Inc. has a fifty-two week low of $240.49 and a fifty-two week high of $378.33. The company has a market capitalization of $17.16 billion, a price-to-earnings ratio of 24.53, a price-to-earnings-growth ratio of 1.29 and a beta of 1.44. The business's 50 day moving average price is $339.01 and its two-hundred day moving average price is $324.89. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.47 and a current ratio of 1.17.

Burlington Stores (NYSE:BURL - Get Free Report) last released its earnings results on Thursday, August 27th. The company reported $2.96 EPS for the quarter, beating analysts' consensus estimates of $2.19 by $0.77. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.The company had revenue of $3 billion during the quarter, compared to analysts' expectations of $3.03 billion. During the same quarter last year, the business posted $1.72 EPS. The firm's revenue for the quarter was up 11.0% compared to the same quarter last year. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. As a group, analysts forecast that Burlington Stores, Inc. will post 13.28 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Matthew Pasch sold 3,773 shares of the company's stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $317.21, for a total value of $1,196,833.33. Following the sale, the insider directly owned 6,523 shares of the company's stock, valued at $2,069,160.83. This represents a 36.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Stephen Ferroni sold 2,343 shares of the company's stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $337.22, for a total transaction of $790,106.46. Following the completion of the sale, the chief accounting officer directly owned 1,391 shares in the company, valued at $469,073.02. This represents a 62.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 30,392 shares of company stock worth $10,280,271. 1.30% of the stock is owned by corporate insiders.

Key Stories Impacting Burlington Stores

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

• Positive Sentiment: Second-quarter adjusted EPS reached $2.96, well above the roughly $2.18–$2.19 analyst consensus and up substantially from the prior year. Revenue increased 11% year over year to approximately $3.0 billion, while operating-margin expansion supported the company’s 15th consecutive quarter of double-digit EPS growth. Burlington Stores Reports Strong Second Quarter Sales and Earnings Growth
• Positive Sentiment: Burlington raised its fiscal 2026 adjusted EPS outlook to $11.77–$11.97, above the prior consensus of about $11.23, and expects revenue of $12.7–$12.8 billion. The retailer also plans to use tariff refunds to lower prices, potentially supporting customer traffic and value perception. Burlington Stores Plans to Use Tariff Refunds to Lower Prices
• Neutral Sentiment: The company is pursuing aggressive expansion, with reports of 20 new stores opening across 12 states in September. Store growth can increase long-term sales, though it also raises execution and investment requirements. Burlington Expansion Bringing New Stores to 12 States
• Negative Sentiment: Second-quarter revenue of about $3.0 billion fell short of the $3.03 billion consensus, and comparable-store sales grew only 2%, slowing from 5% a year earlier. The deceleration raised concerns about underlying demand despite the earnings beat. BURL Shares Slide Despite Q2 Earnings Beat
• Negative Sentiment: Fiscal third-quarter EPS guidance of $1.60–$1.70 is materially below the approximately $2.04 analyst consensus. Reports also cited tariff-related costs and a weaker-than-expected near-term forecast as reasons for the market reaction.
• Negative Sentiment: Citigroup cut its price target from $380 to $318 and moved to a neutral rating. Morgan Stanley also reduced its target modestly, from $438 to $432, although it maintained an overweight rating. Analyst Price Target Updates

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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