Nykredit A S Makes New Investment in Burlington Stores, Inc. $BURL

Key Points

• Nykredit A/S acquired 29,049 Burlington Stores shares during the second quarter, worth approximately $9.2 million. Several other institutional investors also increased their positions.
• Analysts maintain a generally positive outlook, with 14 Buy ratings and six Holds producing a consensus “Moderate Buy” rating and average price target of $370.75, despite some recent target-price cuts.
• Burlington reported quarterly EPS of $2.96, beating estimates of $2.19, while revenue rose 11% year over year to about $3 billion. Shares opened at $237.09, near the company’s 52-week low.

Nykredit A S acquired a new stake in Burlington Stores, Inc. (NYSE:BURL - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 29,049 shares of the company's stock, valued at approximately $9,203,000.

A number of other large investors also recently bought and sold shares of BURL. Harbour Investments Inc. lifted its holdings in shares of Burlington Stores by 44.7% in the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company's stock worth $32,000 after acquiring an additional 34 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in Burlington Stores by 0.3% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 13,012 shares of the company's stock valued at $3,759,000 after purchasing an additional 40 shares during the period. Stephens Inc. AR grew its position in shares of Burlington Stores by 5.6% during the fourth quarter. Stephens Inc. AR now owns 843 shares of the company's stock worth $244,000 after buying an additional 45 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in Burlington Stores by 1.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,193 shares of the company's stock worth $1,500,000 after acquiring an additional 53 shares in the last quarter. Finally, CIBC Asset Management Inc grew its stake in shares of Burlington Stores by 2.0% during the fourth quarter. CIBC Asset Management Inc now owns 2,829 shares of the company's stock worth $817,000 after purchasing an additional 56 shares in the last quarter.

Analyst Ratings Changes

BURL has been the topic of several recent analyst reports. Citigroup dropped their price target on shares of Burlington Stores from $380.00 to $318.00 and set a "neutral" rating on the stock in a research note on Friday, August 28th. Sanford C. Bernstein cut their target price on shares of Burlington Stores from $365.00 to $355.00 and set an "outperform" rating on the stock in a report on Friday, August 28th. Wells Fargo & Company set a $370.00 price target on Burlington Stores in a research report on Friday, August 28th. Bank of America boosted their price objective on shares of Burlington Stores from $367.00 to $375.00 and gave the company a "buy" rating in a research note on Friday, May 29th. Finally, Evercore reissued an "outperform" rating and set a $400.00 target price on shares of Burlington Stores in a research note on Monday, August 17th. Fourteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $370.75.

Insiders Place Their Bets

In other Burlington Stores news, CMO Jennifer Vecchio sold 1,678 shares of the stock in a transaction 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 transaction, the chief marketing officer owned 77,661 shares of the company's stock, valued at $28,660,015.44. This represents a 2.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 1.30% of the company's stock.

Burlington Stores Trading Down 0.0%

Shares of BURL opened at $237.09 on Monday. Burlington Stores, Inc. has a 1-year low of $226.85 and a 1-year high of $378.33. The stock has a market cap of $14.89 billion, a price-to-earnings ratio of 21.28, a price-to-earnings-growth ratio of 1.33 and a beta of 1.42. The firm has a 50 day simple moving average of $316.62 and a 200-day simple moving average of $318.56. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.17 and a quick ratio of 0.47.

Burlington Stores (NYSE:BURL - Get Free Report) last issued its quarterly earnings data on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.19 by $0.77. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.03 billion. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.The business's revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the business earned $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 forecast that Burlington Stores, Inc. will post 12.9 EPS for the current fiscal year.

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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