National Pension Service Raises Stock Holdings in Burlington Stores, Inc. $BURL

Key Points

• National Pension Service more than doubled its Burlington Stores stake in the second quarter, increasing holdings by 114.6% to 10,150 shares valued at $3.2 million. Other institutional investors, including Baird Financial, also expanded their positions.
• Analyst sentiment remains generally positive but mixed: 14 analysts rate BURL a Buy and six rate it Hold, producing a “Moderate Buy” consensus and a $370.75 average price target. Recent targets ranged from $318 to $440.
• Burlington reported quarterly EPS of $2.96, beating estimates of $2.19, while revenue rose 11% year over year to approximately $3 billion. Shares opened at $238.59, close to their 52-week low of $236.28.

National Pension Service grew its position in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 114.6% in the second quarter, according to its most recent filing with the SEC. The fund owned 10,150 shares of the company's stock after acquiring an additional 5,420 shares during the quarter. National Pension Service's holdings in Burlington Stores were worth $3,216,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. WINTON GROUP Ltd purchased a new stake in Burlington Stores during the second quarter valued at $1,130,000. Engineers Gate Manager LP bought a new stake in shares of Burlington Stores in the 2nd quarter worth about $1,526,000. NewEdge Advisors LLC increased its holdings in shares of Burlington Stores by 28.5% in the 2nd quarter. NewEdge Advisors LLC now owns 2,118 shares of the company's stock worth $671,000 after buying an additional 470 shares during the last quarter. IFP Advisors Inc raised its position in shares of Burlington Stores by 17.0% during the 2nd quarter. IFP Advisors Inc now owns 586 shares of the company's stock valued at $186,000 after buying an additional 85 shares in the last quarter. Finally, Baird Financial Group Inc. raised its position in shares of Burlington Stores by 2,657.8% during the 2nd quarter. Baird Financial Group Inc. now owns 41,671 shares of the company's stock valued at $13,201,000 after buying an additional 40,160 shares in the last quarter.

Analyst Upgrades and Downgrades

Several research firms recently commented on BURL. UBS Group lifted their price target on Burlington Stores from $435.00 to $440.00 and gave the stock a "buy" rating in a research report on Monday, August 17th. Wall Street Zen lowered Burlington Stores from a "buy" rating to a "hold" rating in a research note on Sunday, August 2nd. Bank of America lifted their target price on Burlington Stores from $367.00 to $375.00 and gave the stock a "buy" rating in a report on Friday, May 29th. Citigroup cut their target price on Burlington Stores from $380.00 to $318.00 and set a "neutral" rating on the stock in a research report on Friday, August 28th. Finally, Morgan Stanley decreased their price target on Burlington Stores from $438.00 to $432.00 and set an "overweight" rating on the stock in a report on Friday, August 28th. Fourteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Burlington Stores has a consensus rating of "Moderate Buy" and a consensus target price of $370.75.

Burlington Stores Trading Down 0.2%

Shares of NYSE BURL opened at $238.59 on Monday. Burlington Stores, Inc. has a fifty-two week low of $236.28 and a fifty-two week high of $378.33. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.47 and a current ratio of 1.17. The company has a market cap of $14.99 billion, a price-to-earnings ratio of 21.42, a PEG ratio of 1.37 and a beta of 1.42. The business's 50 day moving average price is $325.20 and its 200-day moving average price is $321.15.

Burlington Stores (NYSE:BURL - Get Free Report) last posted its quarterly earnings data 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. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.The company had revenue of $3 billion during the quarter, compared to analysts' expectations of $3.03 billion. During the same quarter in the previous year, the business earned $1.72 EPS. Burlington Stores's revenue was up 11.0% compared to the same quarter last year. 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. On average, sell-side analysts expect that Burlington Stores, Inc. will post 12.65 earnings per share for the current year.

Insider Activity

In other news, CMO Jennifer Vecchio sold 1,678 shares of the company's stock in a transaction dated 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 in the company, valued at approximately $28,660,015.44. This represents a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.30% of the company's stock.

About Burlington Stores

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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