Sculptor Capital LP Purchases New Holdings in Burlington Stores, Inc. $BURL

Sculptor Capital LP acquired a new position in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 178,500 shares of the company's stock, valued at approximately $56,549,000. Sculptor Capital LP owned approximately 0.28% of Burlington Stores as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Burlington Stores in the 2nd quarter valued at approximately $2,157,518,000. T. Rowe Price Investment Management Inc. boosted its stake in shares of Burlington Stores by 15.8% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company's stock valued at $817,122,000 after buying an additional 386,615 shares during the period. State Street Corp boosted its stake in shares of Burlington Stores by 1.2% during the 3rd quarter. State Street Corp now owns 2,184,171 shares of the company's stock valued at $555,872,000 after buying an additional 26,529 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Burlington Stores by 303,059.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company's stock valued at $552,552,000 after acquiring an additional 1,912,305 shares in the last quarter. Finally, Alyeska Investment Group L.P. grew its holdings in shares of Burlington Stores by 103.5% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,285,336 shares of the company's stock valued at $371,269,000 after acquiring an additional 653,718 shares in the last quarter.

Burlington Stores Price Performance

Shares of NYSE:BURL opened at $316.17 on Wednesday. The stock has a market capitalization of $19.90 billion, a P/E ratio of 32.49, a P/E/G ratio of 1.70 and a beta of 1.44. The business has a 50-day moving average of $341.56 and a two-hundred day moving average of $325.28. Burlington Stores, Inc. has a fifty-two week low of $240.49 and a fifty-two week high of $378.33. 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 issued its quarterly earnings data on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating analysts' consensus estimates of $1.80 by $0.21. The business 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 firm's revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.60 EPS. 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. On average, equities research analysts predict that Burlington Stores, Inc. will post 12.21 EPS for the current fiscal year.

Insider Activity at Burlington Stores

In related news, CMO Jennifer Vecchio sold 20,920 shares of Burlington Stores stock in a transaction on Friday, June 12th. The shares were sold at an average price of $341.53, for a total value of $7,144,807.60. Following the transaction, the chief marketing officer owned 81,017 shares in the company, valued at $27,669,736.01. This trade represents a 20.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Stephen Ferroni sold 2,343 shares of the firm's stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $337.22, for a total value of $790,106.46. Following the completion of the sale, the chief accounting officer directly owned 1,391 shares in the company, valued at approximately $469,073.02. This represents a 62.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 30,392 shares of company stock worth $10,280,271. 1.30% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on BURL shares. UBS Group increased their price objective on Burlington Stores from $435.00 to $440.00 and gave the stock a "buy" rating in a report on Monday, August 17th. Citigroup downgraded Burlington Stores from a "buy" rating to a "neutral" rating and set a $380.00 target price on the stock. in a research note on Wednesday, August 5th. Truist Financial upped their target price on Burlington Stores from $305.00 to $310.00 and gave the stock a "hold" rating in a research report on Thursday, May 28th. Wells Fargo & Company cut their price target on Burlington Stores from $400.00 to $375.00 and set an "overweight" rating for the company in a research note on Friday, May 29th. Finally, Evercore reiterated an "outperform" rating and set a $400.00 price target on shares of Burlington Stores in a report on Monday, August 17th. Thirteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target 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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