Deltec Asset Management LLC purchased a new position in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,000 shares of the company's stock, valued at approximately $1,155,000.
A number of other institutional investors and hedge funds have also modified their holdings of BURL. First Horizon Corp bought a new stake in shares of Burlington Stores during the third quarter worth approximately $25,000. Stone House Investment Management LLC bought a new stake in shares of Burlington Stores during the fourth quarter worth approximately $25,000. JPL Wealth Management LLC bought a new stake in shares of Burlington Stores during the third quarter worth approximately $28,000. Root Financial Partners LLC bought a new stake in shares of Burlington Stores during the third quarter worth approximately $30,000. Finally, Mather Group LLC. bought a new stake in shares of Burlington Stores during the third quarter worth approximately $36,000.
Analysts Set New Price Targets
BURL has been the subject of a number of recent research reports. Wells Fargo & Company boosted their price target on shares of Burlington Stores from $350.00 to $400.00 and gave the stock an "overweight" rating in a research note on Friday, March 6th. Evercore restated an "outperform" rating and set a $375.00 price objective on shares of Burlington Stores in a report on Thursday, March 5th. Citigroup boosted their price objective on shares of Burlington Stores from $351.00 to $380.00 and gave the company a "buy" rating in a report on Friday, March 6th. Weiss Ratings upgraded shares of Burlington Stores from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, March 23rd. Finally, Telsey Advisory Group restated an "outperform" rating and set a $365.00 price objective on shares of Burlington Stores in a report on Tuesday, March 31st. Sixteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $355.44.
Get Our Latest Stock Report on Burlington Stores
Insider Buying and Selling at Burlington Stores
In other news, COO Travis Marquette sold 3,759 shares of the company's stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total value of $1,232,012.25. Following the completion of the transaction, the chief operating officer owned 26,350 shares in the company, valued at $8,636,212.50. This represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.30% of the stock is owned by company insiders.
Burlington Stores Stock Up 0.2%
Shares of NYSE BURL opened at $332.31 on Monday. The stock has a market cap of $20.88 billion, a P/E ratio of 34.91, a P/E/G ratio of 2.01 and a beta of 1.62. The firm has a 50 day moving average price of $318.93 and a 200 day moving average price of $295.53. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.65 and a current ratio of 1.23. Burlington Stores, Inc. has a 52-week low of $217.23 and a 52-week high of $351.85.
Burlington Stores (NYSE:BURL - Get Free Report) last released its quarterly earnings results on Thursday, March 5th. The company reported $4.99 earnings per share for the quarter, beating the consensus estimate of $4.70 by $0.29. The company had revenue of $3.65 billion during the quarter, compared to analysts' expectations of $2.77 billion. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The business's quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.07 earnings per share. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. Analysts expect that Burlington Stores, Inc. will post 11.27 EPS for the current year.
Burlington Stores Profile
(
Free Report)
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.
See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Burlington Stores, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Burlington Stores wasn't on the list.
While Burlington Stores currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link to see MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.