Deutsche Bank AG bought a new position in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 218,954 shares of the company's stock, valued at approximately $69,365,000. Deutsche Bank AG owned about 0.35% of Burlington Stores as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also modified their holdings of BURL. Bull Harbor Capital LLC acquired a new position in shares of Burlington Stores in the 1st quarter valued at approximately $1,091,000. Geode Capital Management LLC grew its position in shares of 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. Swiss National Bank increased its stake in shares of Burlington Stores by 6.9% in the first quarter. Swiss National Bank now owns 184,640 shares of the company's stock worth $60,078,000 after buying an additional 11,920 shares during the last quarter. Intech Investment Management LLC increased its stake in shares of Burlington Stores by 35.9% in the fourth quarter. Intech Investment Management LLC now owns 14,345 shares of the company's stock worth $4,144,000 after buying an additional 3,789 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in Burlington Stores in the fourth quarter valued at $3,514,000.
Insider Buying and Selling
In other news, insider Matthew Pasch sold 3,773 shares of the stock in a transaction that occurred on 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 sale, the insider directly owned 6,523 shares in the company, valued at approximately $2,069,160.83. This represents a 36.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 value of $619,249.12. Following the completion of the sale, the chief marketing officer directly owned 77,661 shares in the company, valued at approximately $28,660,015.44. This trade represents a 2.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 30,392 shares of company stock worth $10,280,271 over the last quarter. 1.30% of the stock is owned by company insiders.
Burlington Stores Stock Performance
Burlington Stores stock opened at $333.17 on Friday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49. Burlington Stores, Inc. has a 12 month low of $240.49 and a 12 month high of $378.33. The company has a fifty day moving average price of $342.25 and a two-hundred day moving average price of $324.75. The company has a market cap of $20.97 billion, a PE ratio of 34.24, a P/E/G ratio of 1.81 and a beta of 1.44.
Burlington Stores (NYSE:BURL - Get Free Report) last issued its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, topping analysts' consensus estimates of $1.80 by $0.21. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The company had revenue of $2.86 billion for the quarter, compared to analysts' expectations of $2.80 billion. During the same period in the prior year, the company earned $1.60 earnings per share. The firm's revenue was up 14.1% compared to the same quarter last year. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. Research analysts expect that Burlington Stores, Inc. will post 11.75 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of research firms have commented on BURL. Citigroup downgraded shares of Burlington Stores from a "buy" rating to a "neutral" rating and set a $380.00 price objective on the stock. in a research note on Wednesday, August 5th. Jefferies Financial Group upped their target price on shares of Burlington Stores from $365.00 to $410.00 and gave the company a "buy" rating in a research note on Friday, August 14th. Wall Street Zen cut shares of Burlington Stores from a "buy" rating to a "hold" rating in a research report on Sunday, August 2nd. JPMorgan Chase & Co. decreased their price target on Burlington Stores from $374.00 to $351.00 and set an "overweight" rating for the company in a research note on Friday, May 29th. Finally, Wells Fargo & Company lowered their price objective on Burlington Stores from $400.00 to $375.00 and set an "overweight" rating for the company in a report on Friday, May 29th. Thirteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Burlington Stores presently has a consensus rating of "Moderate Buy" and an average price target of $371.50.
Check Out Our Latest Stock Analysis on Burlington Stores
About Burlington Stores
(
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.
Further Reading

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