III Capital Management Takes Position in Burlington Stores, Inc. $BURL

Key Points

• III Capital Management acquired 10,930 Burlington Stores shares worth approximately $3.46 million, making the retailer its 12th-largest portfolio holding at about 0.9%.
• Burlington reported quarterly EPS of $2.01, beating estimates of $1.80, while revenue rose 14.1% year over year to $2.86 billion. The company guided for fiscal 2026 EPS of $11.45–$11.80.
• Wall Street maintains a generally positive view, with 13 analysts rating the stock Buy and six rating it Hold; the consensus rating is Moderate Buy with an average price target of $371.50.

III Capital Management bought a new position in Burlington Stores, Inc. (NYSE:BURL - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 10,930 shares of the company's stock, valued at approximately $3,463,000. Burlington Stores makes up approximately 0.9% of III Capital Management's investment portfolio, making the stock its 12th biggest position.

A number of other hedge funds have also recently modified their holdings of the company. B. Metzler seel. Sohn & Co. AG acquired a new position in Burlington Stores in the second quarter valued at approximately $3,210,000. Bull Harbor Capital LLC purchased a new position in shares of Burlington Stores during the 1st quarter worth $1,091,000. Geode Capital Management LLC increased its position in shares of Burlington Stores by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 1,233,176 shares of the company's stock worth $355,261,000 after purchasing an additional 27,074 shares during the last quarter. Swiss National Bank lifted its position in Burlington Stores by 6.9% in the first quarter. Swiss National Bank now owns 184,640 shares of the company's stock valued at $60,078,000 after buying an additional 11,920 shares during the last quarter. Finally, Intech Investment Management LLC boosted its stake in Burlington Stores by 35.9% during 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 period.

Burlington Stores Stock Performance

NYSE:BURL opened at $316.17 on Wednesday. Burlington Stores, Inc. has a 12 month low of $240.49 and a 12 month high of $378.33. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49. The firm has a market capitalization of $19.90 billion, a PE ratio of 32.49, a price-to-earnings-growth ratio of 1.70 and a beta of 1.44. The business's fifty day moving average price is $341.56 and its 200 day moving average price is $325.28.

Burlington Stores (NYSE:BURL - Get Free Report) last released its quarterly earnings data on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating analysts' consensus estimates of $1.80 by $0.21. The business had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business's revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.60 EPS. 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. On average, sell-side analysts anticipate that Burlington Stores, Inc. will post 12.21 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. UBS Group boosted their price target on shares of Burlington Stores from $435.00 to $440.00 and gave the company a "buy" rating in a research note on Monday, August 17th. Weiss Ratings cut Burlington Stores from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, July 23rd. Jefferies Financial Group lifted their price objective on Burlington Stores from $365.00 to $410.00 and gave the company a "buy" rating in a research note on Friday, August 14th. Bank of America raised their target price on Burlington Stores from $367.00 to $375.00 and gave the company a "buy" rating in a report on Friday, May 29th. Finally, JPMorgan Chase & Co. reduced 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. Thirteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, Burlington Stores has an average rating of "Moderate Buy" and an average price target of $371.50.

Insider Activity

In other news, CMO Jennifer Vecchio sold 1,678 shares of Burlington Stores stock in a transaction on 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 of the company's stock, valued at $28,660,015.44. The trade was a 2.11% 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 the company's stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction of $790,106.46. Following the completion of the sale, the chief accounting officer owned 1,391 shares of the company's stock, valued at approximately $469,073.02. This trade represents a 62.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 30,392 shares of company stock valued at $10,280,271. Insiders own 1.30% of the company's stock.

Burlington Stores 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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