Retirement Systems of Alabama Has $26.52 Million Stock Position in Burlington Stores, Inc. $BURL

Key Points

• Retirement Systems of Alabama trimmed its stake in Burlington by 5.4% to 91,823 shares, valued at approximately $26.52 million (about 0.15% of the company).
• COO Travis Marquette sold 3,759 shares at an average price of $327.75 for roughly $1.23 million, reducing his ownership by 12.48% to 26,350 shares.
• Burlington beat quarterly estimates (EPS $4.99 vs. $4.70; revenue $3.65B vs. $2.77B), set FY2026 guidance of EPS 10.95–11.45, and retains a consensus analyst rating of "Moderate Buy" with an average target of $355.44.

Retirement Systems of Alabama lowered its stake in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 5.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 91,823 shares of the company's stock after selling 5,257 shares during the period. Retirement Systems of Alabama owned 0.15% of Burlington Stores worth $26,523,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. First Horizon Corp acquired a new position in Burlington Stores during the third quarter worth $25,000. JPL Wealth Management LLC acquired a new stake in Burlington Stores in the third quarter valued at $28,000. Root Financial Partners LLC acquired a new stake in Burlington Stores in the third quarter valued at $30,000. Mather Group LLC. bought a new position in shares of Burlington Stores in the 3rd quarter valued at about $36,000. Finally, Geneos Wealth Management Inc. increased its stake in shares of Burlington Stores by 235.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company's stock worth $37,000 after purchasing an additional 113 shares during the last quarter.

Insider Buying and Selling at Burlington Stores

In other news, COO Travis Marquette sold 3,759 shares of the business's stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total value 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. The trade was a 12.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.10% of the company's stock.

Burlington Stores Price Performance

Shares of NYSE BURL opened at $325.82 on Wednesday. The firm has a market cap of $20.43 billion, a P/E ratio of 34.22, a price-to-earnings-growth ratio of 1.89 and a beta of 1.73. The business's 50 day moving average is $306.19 and its 200-day moving average is $286.14. The company has a current ratio of 1.23, a quick ratio of 0.65 and a debt-to-equity ratio of 1.11. Burlington Stores, Inc. has a 1-year low of $212.92 and a 1-year high of $332.20.

Burlington Stores (NYSE:BURL - Get Free Report) last released its quarterly earnings results on Thursday, March 5th. The company reported $4.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.70 by $0.29. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The business had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $2.77 billion. During the same period in the previous year, the company posted $4.07 EPS. The firm's quarterly revenue was up 11.3% on a year-over-year basis. 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. Equities research analysts predict that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Citigroup boosted their target price on Burlington Stores from $351.00 to $380.00 and gave the stock a "buy" rating in a report on Friday, March 6th. Evercore reaffirmed an "outperform" rating and set a $375.00 price objective on shares of Burlington Stores in a research report on Thursday, March 5th. UBS Group reiterated a "buy" rating on shares of Burlington Stores in a report on Tuesday, March 3rd. Robert W. Baird increased their price objective on shares of Burlington Stores from $345.00 to $375.00 and gave the company an "outperform" rating in a research report on Friday, March 6th. Finally, Jefferies Financial Group restated a "buy" rating and set a $370.00 target price on shares of Burlington Stores in a research note on Thursday, March 5th. Sixteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $355.44.

Burlington Stores Company 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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