Burlington Stores, Inc. $BURL Shares Bought by Danske Bank A S

Key Points

• Institutional buying: Danske Bank increased its stake in Burlington by 19.5% to 28,990 shares worth $8.37 million, and UBS notably added 169,184 shares to hold 565,649 shares valued at about $163.4 million, alongside other fund inflows.
• Earnings beat and guidance: Burlington topped Q4 estimates with $4.99 EPS (vs. $4.70 est.) and $3.65B revenue (up 11.3% YoY), and issued FY2026 EPS guidance of 10.95–11.45 and Q1 guidance of 1.60–1.75.
• Analyst sentiment: The consensus rating is a "Moderate Buy" with an average price target of $355.44, and recent upgrades include Wells Fargo raising its target to $400 and Robert W. Baird to $375.

Danske Bank A S raised its stake in Burlington Stores, Inc. (NYSE:BURL - Free Report) by 19.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,990 shares of the company's stock after acquiring an additional 4,740 shares during the quarter. Danske Bank A S's holdings in Burlington Stores were worth $8,374,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in BURL. Savoir Faire Capital Management L.P. raised its position in shares of Burlington Stores by 132.7% in the fourth quarter. Savoir Faire Capital Management L.P. now owns 27,530 shares of the company's stock valued at $7,952,000 after buying an additional 15,701 shares during the last quarter. Oppenheimer Asset Management Inc. raised its position in shares of Burlington Stores by 5.2% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 8,347 shares of the company's stock valued at $2,411,000 after buying an additional 414 shares during the last quarter. M&T Bank Corp raised its position in shares of Burlington Stores by 31.7% in the fourth quarter. M&T Bank Corp now owns 2,390 shares of the company's stock valued at $690,000 after buying an additional 575 shares during the last quarter. Deltec Asset Management LLC acquired a new position in shares of Burlington Stores in the fourth quarter valued at approximately $1,155,000. Finally, UBS Group AG raised its position in shares of Burlington Stores by 42.7% in the fourth quarter. UBS Group AG now owns 565,649 shares of the company's stock valued at $163,388,000 after buying an additional 169,184 shares during the last quarter.

Burlington Stores Price Performance

Burlington Stores stock opened at $309.42 on Tuesday. Burlington Stores, Inc. has a 52-week low of $218.52 and a 52-week high of $351.85. The firm has a fifty day moving average of $319.85 and a 200-day moving average of $297.08. The firm has a market capitalization of $19.44 billion, a P/E ratio of 32.50, a PEG ratio of 1.93 and a beta of 1.48. The company has a quick ratio of 0.65, a current ratio of 1.23 and a debt-to-equity ratio of 1.11.

Burlington Stores (NYSE:BURL - Get Free Report) last released its quarterly earnings data on Thursday, March 5th. The company reported $4.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.70 by $0.29. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The company had revenue of $3.65 billion during the quarter, compared to analyst estimates of $2.77 billion. During the same quarter in the prior year, the business earned $4.07 earnings per share. The business's quarterly revenue was up 11.3% compared to the same quarter last year. 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. As a group, analysts predict that Burlington Stores, Inc. will post 11.27 EPS for the current year.

Insider Activity

In other news, COO Travis Marquette sold 3,759 shares of the stock in a transaction 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 sale, the chief operating officer owned 26,350 shares of the company's stock, valued at $8,636,212.50. This represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.30% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently commented on BURL. Robert W. Baird upped their target price on Burlington Stores from $345.00 to $375.00 and gave the company an "outperform" rating in a research note on Friday, March 6th. UBS Group reiterated a "buy" rating on shares of Burlington Stores in a research note on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Burlington Stores in a research report on Thursday, January 8th. They set a "hold" rating and a $318.00 price target for the company. Wells Fargo & Company upped their price target on shares of Burlington Stores from $350.00 to $400.00 and gave the stock an "overweight" rating in a research report on Friday, March 6th. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and set a $365.00 price target on shares of Burlington Stores in a research report on Tuesday, March 31st. Sixteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $355.44.

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.

Want to see what other hedge funds are holding BURL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Burlington Stores, Inc. (NYSE:BURL - Free Report).

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.