M&T Bank Corp Buys 43,831 Shares of Burlington Stores, Inc. $BURL

Key Points

• M&T Bank raised its stake in Burlington by 2,414.9% in Q4, buying 43,831 shares to hold 45,646 shares worth about $13.19 million (≈0.07% of the company).
• Burlington beat quarterly estimates with $4.99 EPS (vs. $4.70) and $3.65B revenue (vs. $2.77B), set FY2026 EPS guidance of 10.95–11.45, and carries a consensus "Moderate Buy" with an average target of $355.44.
• COO Travis Marquette completed an insider sale of 3,759 shares at $327.75, reducing his holdings by 12.48%; company insiders now own 1.30% of the stock.

M&T Bank Corp raised its stake in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 2,414.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,646 shares of the company's stock after acquiring an additional 43,831 shares during the period. M&T Bank Corp owned about 0.07% of Burlington Stores worth $13,185,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of Burlington Stores by 6.5% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 42,690 shares of the company's stock worth $12,290,000 after buying an additional 2,615 shares in the last quarter. Krilogy Financial LLC purchased a new position in shares of Burlington Stores during the fourth quarter worth about $213,000. Graphene Investments SAS grew its holdings in shares of Burlington Stores by 15.0% during the fourth quarter. Graphene Investments SAS now owns 12,300 shares of the company's stock worth $3,553,000 after purchasing an additional 1,600 shares in the last quarter. Seeds Investor LLC grew its holdings in shares of Burlington Stores by 7.1% during the fourth quarter. Seeds Investor LLC now owns 1,128 shares of the company's stock worth $326,000 after purchasing an additional 75 shares in the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. grew its holdings in shares of Burlington Stores by 10.4% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,106 shares of the company's stock worth $897,000 after purchasing an additional 292 shares in the last quarter.

Burlington Stores Stock Performance

NYSE BURL opened at $330.14 on Friday. The company has a 50-day simple moving average of $318.33 and a two-hundred day simple moving average of $294.62. 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, Inc. has a 12-month low of $214.02 and a 12-month high of $351.85. The firm has a market cap of $20.74 billion, a price-to-earnings ratio of 34.68, a PEG ratio of 2.04 and a beta of 1.62.

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 for the quarter, beating analysts' consensus estimates of $4.70 by $0.29. The firm had revenue of $3.65 billion during the quarter, compared to analyst estimates of $2.77 billion. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The business's quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.07 earnings per share. 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. On average, equities analysts forecast that Burlington Stores, Inc. will post 11.27 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft assumed coverage on Burlington Stores in a report on Thursday, January 8th. They set a "hold" rating and a $318.00 price objective for the company. Weiss Ratings upgraded shares of Burlington Stores from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, March 23rd. JPMorgan Chase & Co. upped their target price on shares of Burlington Stores from $356.00 to $365.00 and gave the stock an "overweight" rating in a research report on Friday, March 6th. Telsey Advisory Group reiterated an "outperform" rating and issued a $365.00 target price on shares of Burlington Stores in a research report on Tuesday, March 31st. Finally, Barclays upped their target price on shares of Burlington Stores from $331.00 to $335.00 and gave the stock an "overweight" rating in a research report on Monday, March 2nd. Sixteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $355.44.

Insider Buying and Selling at Burlington Stores

In other news, COO Travis Marquette sold 3,759 shares of the stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total transaction 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 approximately $8,636,212.50. This represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company 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.

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.