Burlington Stores, Inc. $BURL Shares Sold by Algert Global LLC

Key Points

• Algert Global cut its Burlington Stores position by 81.5% in the second quarter, selling 9,439 shares and retaining 2,140 shares valued at approximately $678,000. Other institutional investors, including Geode Capital Management, increased or initiated positions.
• Burlington reported a strong second quarter, with adjusted EPS of $2.96 beating the $2.19 consensus and revenue rising 11% year over year to roughly $3.0 billion. The company raised its fiscal 2026 adjusted EPS outlook to $11.77–$11.97.
• Despite the earnings beat and predominantly bullish analyst coverage, concerns remain over slowing comparable-store sales, revenue slightly missing estimates, and third-quarter EPS guidance of $1.60–$1.70 falling below consensus. Insiders also sold more than $10.2 million of stock over the past 90 days.

Algert Global LLC lowered its position in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 81.5% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 2,140 shares of the company's stock after selling 9,439 shares during the quarter. Algert Global LLC's holdings in Burlington Stores were worth $678,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in BURL. B. Metzler seel. Sohn & Co. AG purchased a new stake in Burlington Stores in the 2nd quarter worth approximately $3,210,000. Bull Harbor Capital LLC purchased a new position in shares of Burlington Stores during the 1st quarter valued at approximately $1,091,000. Advisors Capital Management LLC acquired a new position in shares of Burlington Stores in the 2nd quarter valued at $3,133,000. Geode Capital Management LLC boosted its holdings in Burlington Stores by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 1,233,176 shares of the company's stock worth $355,261,000 after buying an additional 27,074 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. purchased a new stake in Burlington Stores during the second quarter worth $503,000.

Analyst Ratings Changes

BURL has been the topic of several analyst reports. JPMorgan Chase & Co. dropped their price target on shares of Burlington Stores from $374.00 to $351.00 and set an "overweight" rating on the stock in a research report on Friday, May 29th. Barclays upped their price objective on shares of Burlington Stores from $365.00 to $411.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 26th. Jefferies Financial Group raised their target price on Burlington Stores from $365.00 to $410.00 and gave the company a "buy" rating in a research report on Friday, August 14th. UBS Group lifted their price target on Burlington Stores from $435.00 to $440.00 and gave the company a "buy" rating in a research note on Monday, August 17th. Finally, Wall Street Zen lowered Burlington Stores from a "buy" rating to a "hold" rating in a research note on Sunday, August 2nd. Thirteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Burlington Stores presently has a consensus rating of "Moderate Buy" and an average price target of $367.56.

Insiders Place Their Bets

In related news, insider Matthew Pasch sold 3,773 shares of the firm's stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the completion of the transaction, the insider directly owned 6,523 shares in the company, valued at $2,069,160.83. This trade represents a 36.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Stephen Ferroni sold 2,343 shares of Burlington Stores stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $337.22, for a total value of $790,106.46. Following the completion of the transaction, the chief accounting officer directly owned 1,391 shares of the company's stock, valued at approximately $469,073.02. This represents a 62.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 30,392 shares of company stock worth $10,280,271 over the last ninety days. Corporate insiders own 1.30% of the company's stock.

Burlington Stores Price Performance

NYSE:BURL opened at $273.25 on Monday. Burlington Stores, Inc. has a 52 week low of $240.49 and a 52 week high of $378.33. The stock's fifty day moving average is $339.01 and its two-hundred day moving average is $324.89. The company has a market capitalization of $17.16 billion, a P/E ratio of 24.53, a P/E/G ratio of 1.29 and a beta of 1.44. The company has a quick ratio of 0.47, a current ratio of 1.17 and a debt-to-equity ratio of 0.95.

Burlington Stores (NYSE:BURL - Get Free Report) last released its quarterly earnings results on Thursday, August 27th. The company reported $2.96 earnings per share for the quarter, topping analysts' consensus estimates of $2.19 by $0.77. The business had revenue of $3 billion during the quarter, compared to analysts' expectations of $3.03 billion. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.The company's revenue was up 11.0% compared to the same quarter last year. During the same period in the prior year, the business posted $1.72 EPS. 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. Equities analysts expect that Burlington Stores, Inc. will post 13.28 EPS for the current year.

Key Burlington Stores News

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

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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