Baird Financial Group Inc. Has $13.20 Million Position in Burlington Stores, Inc. $BURL

Key Points

• Baird Financial Group increased its Burlington Stores stake by 2,657.8% in the second quarter, purchasing 40,160 additional shares and holding 41,671 shares valued at approximately $13.2 million.
• Burlington reported quarterly EPS of $2.96, beating estimates of $2.19, while revenue rose 11% year over year to $3 billion but fell slightly short of expectations. The company guided for fiscal 2026 EPS of $11.77–$11.97.
• The stock opened at $238.59, near its 52-week low of $236.28 and well below its moving averages. Despite recent analyst target cuts, Burlington retains a “Moderate Buy” consensus rating with an average price target of $370.75.

Baird Financial Group Inc. raised its stake in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 2,657.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,671 shares of the company's stock after purchasing an additional 40,160 shares during the period. Baird Financial Group Inc. owned 0.07% of Burlington Stores worth $13,201,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of BURL. JPL Wealth Management LLC acquired a new position in Burlington Stores in the 3rd quarter valued at $28,000. Harbour Investments Inc. raised its holdings in Burlington Stores by 44.7% in the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company's stock worth $32,000 after acquiring an additional 34 shares during the period. Reflection Asset Management acquired a new position in Burlington Stores during the 4th quarter worth $34,000. Larson Financial Group LLC lifted its position in Burlington Stores by 180.0% during the 4th quarter. Larson Financial Group LLC now owns 126 shares of the company's stock worth $36,000 after acquiring an additional 81 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in Burlington Stores by 235.4% during the second quarter. Geneos Wealth Management Inc. now owns 161 shares of the company's stock valued at $37,000 after acquiring an additional 113 shares during the period.

Burlington Stores Stock Performance

Shares of NYSE:BURL opened at $238.59 on Friday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.17 and a quick ratio of 0.47. The business's fifty day moving average price is $325.20 and its two-hundred day moving average price is $321.08. Burlington Stores, Inc. has a fifty-two week low of $236.28 and a fifty-two week high of $378.33. The stock has a market capitalization of $14.99 billion, a price-to-earnings ratio of 21.42, a price-to-earnings-growth ratio of 1.37 and a beta of 1.42.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its quarterly earnings data on Thursday, August 27th. The company reported $2.96 earnings per share (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 period last year, the business earned $1.72 earnings per share. The business's revenue was up 11.0% on a year-over-year basis. 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 predict that Burlington Stores, Inc. will post 12.65 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Citigroup dropped their price objective on Burlington Stores from $380.00 to $318.00 and set a "neutral" rating on the stock in a research note on Friday, August 28th. Bank of America upped their price target on Burlington Stores from $367.00 to $375.00 and gave the stock a "buy" rating in a report on Friday, May 29th. Jefferies Financial Group increased their price objective on Burlington Stores from $365.00 to $410.00 and gave the company a "buy" rating in a research report on Friday, August 14th. Sanford C. Bernstein reduced their price objective on Burlington Stores from $365.00 to $355.00 and set an "outperform" rating for the company in a research report on Friday, August 28th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Burlington Stores from $367.00 to $323.00 and set a "hold" rating on the stock in a research note on Friday, August 28th. Fourteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $370.75.

Key Stories Impacting Burlington Stores

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

• Positive Sentiment: Zacks raised its EPS forecast for the second quarter of 2028 to $3.18 from $2.48 and its second-quarter 2029 forecast to $3.63 from $2.97, suggesting expectations for stronger earnings in those periods. The company is also continuing to attract shoppers with new store openings and discounted merchandise. Burlington grand opening brings shoppers and steep discounts
• Neutral Sentiment: The revisions are uneven rather than uniformly negative: Zacks maintained forecasts for several quarters while projecting FY2029 EPS of $14.67. The current-year consensus estimate cited in the reports is approximately $12.60 to $12.90 per share.
• Negative Sentiment: Zacks cut estimates for multiple periods, including Q3 2027 EPS to $1.67 from $2.03, Q1 2028 to $2.06 from $2.48, Q3 2028 to $1.84 from $2.41, and Q4 2028 to $5.74 from $6.34. It also lowered FY2027 EPS to $11.69, FY2028 to $12.82, and FY2029 to $14.67 from $15.85.

Insider Transactions at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 1,678 shares of the business's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $369.04, for a total value of $619,249.12. Following the transaction, the chief marketing officer directly owned 77,661 shares in the company, valued at $28,660,015.44. The trade was a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.30% of the stock is owned by corporate insiders.

About Burlington Stores

Burlington Stores, Inc is an off-price retailer operating under the Burlington brand. The company sells a broad assortment of branded and private-label merchandise at discounted prices, including women's, men's and children's apparel; footwear; accessories; home goods; and seasonal products.

Burlington's merchandise assortment is designed to change frequently, with products sourced through manufacturers, wholesalers and other vendors. This flexible buying model allows the company to offer customers value-oriented selections across multiple categories while adapting its inventory to changing consumer preferences and market conditions.

The company traces its origins to 1972, when it began as a coat-focused retailer in Burlington, New Jersey, under the Burlington Coat Factory name.

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