Pallas Capital Advisors LLC Buys New Stake in Burlington Stores, Inc. $BURL

Key Points

• Pallas Capital Advisors acquired 3,439 Burlington Stores shares in the second quarter, valued at approximately $1.09 million. Several other institutional investors, including Deutsche Bank and Mitsubishi UFJ Asset Management, also initiated positions.
• Burlington reported quarterly earnings of $2.01 per share, beating estimates of $1.80, while revenue rose 14.1% year over year to $2.86 billion. The company issued fiscal 2026 EPS guidance of $11.45–$11.80.
• BURL opened at $336.61, below its 50-day average but above its 200-day average. Analysts maintain a “Moderate Buy” consensus with an average price target of $371.50, although insiders have sold more than $10.28 million of stock over the past 90 days.

Pallas Capital Advisors LLC purchased a new position in Burlington Stores, Inc. (NYSE:BURL - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,439 shares of the company's stock, valued at approximately $1,089,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BURL. Deutsche Bank AG acquired a new stake in Burlington Stores during the second quarter valued at approximately $69,365,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Burlington Stores in the 2nd quarter worth approximately $23,626,000. OneDigital Investment Advisors LLC bought a new position in shares of Burlington Stores during the 2nd quarter worth approximately $440,000. Nippon Life Global Investors Americas Inc. bought a new position in shares of Burlington Stores during the 2nd quarter worth approximately $855,000. Finally, Global Retirement Partners LLC bought a new position in shares of Burlington Stores during the 2nd quarter worth approximately $1,472,000.

Burlington Stores Stock Down 0.1%

NYSE BURL opened at $336.61 on Wednesday. The stock's 50 day simple moving average is $342.23 and its 200 day simple moving average is $324.17. Burlington Stores, Inc. has a one year low of $240.49 and a one year high of $378.33. The firm has a market cap of $21.19 billion, a PE ratio of 34.60, a price-to-earnings-growth ratio of 1.87 and a beta of 1.44. 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 (NYSE:BURL - Get Free Report) last posted its quarterly earnings data on Thursday, May 28th. The company reported $2.01 EPS for the quarter, topping analysts' consensus estimates of $1.80 by $0.21. The company had revenue of $2.86 billion for the quarter, compared to analyst estimates 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 was up 14.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.60 earnings per share. 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. As a group, sell-side analysts forecast that Burlington Stores, Inc. will post 11.74 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Burlington Stores news, CAO Stephen Ferroni sold 2,343 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction of $790,106.46. Following the sale, the chief accounting officer owned 1,391 shares of the company's stock, valued at $469,073.02. This represents a 62.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Matthew Pasch sold 3,773 shares of the stock in a transaction dated 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 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 in the last 90 days. Corporate insiders own 1.30% of the company's stock.

Analyst Ratings Changes

BURL has been the topic of a number of analyst reports. Weiss Ratings cut Burlington Stores from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, July 23rd. Wells Fargo & Company cut 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. Jefferies Financial Group boosted 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. Wall Street Zen lowered shares of Burlington Stores from a "buy" rating to a "hold" rating in a report on Sunday, August 2nd. Finally, Morgan Stanley reiterated an "overweight" rating on shares of Burlington Stores in a research report on Thursday, August 6th. Thirteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $371.50.

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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