California State Teachers Retirement System Grows Stock Position in Burlington Stores, Inc. $BURL

California State Teachers Retirement System boosted its position in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 7.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,288 shares of the company's stock after purchasing an additional 5,976 shares during the period. California State Teachers Retirement System owned approximately 0.15% of Burlington Stores worth $28,920,038 at the end of the most recent quarter.

Several other large investors have also modified their holdings of BURL. Harbour Investments Inc. increased its stake in shares of Burlington Stores by 44.7% during the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company's stock valued at $32,000 after acquiring an additional 34 shares during the last quarter. Reflection Asset Management acquired a new position in Burlington Stores during the 4th quarter worth about $34,000. Larson Financial Group LLC raised its stake 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 buying an additional 81 shares during the period. LRI Investments LLC acquired a new stake in shares of Burlington Stores in the fourth quarter valued at approximately $63,000. Finally, SJS Investment Consulting Inc. boosted its stake in shares of Burlington Stores by 925.0% in the 1st quarter. SJS Investment Consulting Inc. now owns 205 shares of the company's stock valued at $67,000 after purchasing an additional 185 shares in the last quarter.

Insider Buying and Selling at Burlington Stores

In related news, CMO Jennifer Vecchio sold 1,678 shares of the firm's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $369.04, for a total transaction of $619,249.12. Following the completion of the transaction, the chief marketing officer owned 77,661 shares in the company, valued at $28,660,015.44. This trade represents a 2.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.30% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on BURL. Jefferies Financial Group raised their price target on Burlington Stores from $365.00 to $410.00 and gave the company a "buy" rating in a research report on Friday, August 14th. Deutsche Bank Aktiengesellschaft dropped their price target on Burlington Stores from $367.00 to $323.00 and set a "hold" rating on the stock in a research note on Friday, August 28th. Truist Financial upped their price target on Burlington Stores from $305.00 to $310.00 and gave the company a "hold" rating in a research note on Thursday, May 28th. UBS Group boosted their price target on shares of Burlington Stores from $435.00 to $440.00 and gave the stock a "buy" rating in a research note on Monday, August 17th. Finally, The Goldman Sachs Group dropped their target price on Burlington Stores from $394.00 to $382.00 and set a "buy" rating on the stock in a report on Monday, August 31st. Fourteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Burlington Stores has a consensus rating of "Moderate Buy" and a consensus target price of $370.75.

Burlington Stores Stock Performance

Shares of BURL traded down $4.20 during trading hours on Tuesday, reaching $228.04. 544,248 shares of the company traded hands, compared to its average volume of 891,901. The stock has a market capitalization of $14.32 billion, a P/E ratio of 20.46, a P/E/G ratio of 1.37 and a beta of 1.42. Burlington Stores, Inc. has a 12-month low of $226.87 and a 12-month high of $378.33. The business has a fifty day moving average price of $323.59 and a 200-day moving average price of $320.61. 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 earnings results 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. The firm had revenue of $3 billion during the quarter, compared to analyst estimates of $3.03 billion. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.Burlington Stores's revenue was up 11.0% compared to the same quarter last year. During the same period last year, the business posted $1.72 earnings per share. 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 anticipate that Burlington Stores, Inc. will post 12.65 EPS for the current fiscal year.

Burlington Stores Profile

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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