Victory Capital Management Inc. Sells 73,246 Shares of Burlington Stores, Inc. $BURL

Key Points

• Victory Capital Management trimmed its position in Burlington Stores by 23%, selling 73,246 shares and ending the quarter with 244,684 shares (about 0.39% ownership) worth roughly $62.27 million.
• Burlington beat Q4 expectations with $4.99 EPS (vs. $4.70 consensus) and $3.65B revenue, then raised FY2026 EPS guidance to $10.95–$11.45, prompting multiple analyst price-target increases and an average target near $355.44.
• Near-term concerns remain as Q1 guidance of $1.60–$1.75 sits below some Street estimates, and unusual heavy put buying in the options market could amplify short-term downside despite the stronger full-year outlook.

Victory Capital Management Inc. lowered its stake in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 23.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 244,684 shares of the company's stock after selling 73,246 shares during the quarter. Victory Capital Management Inc. owned about 0.39% of Burlington Stores worth $62,272,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Massachusetts Financial Services Co. MA lifted its holdings in shares of Burlington Stores by 6.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 945,554 shares of the company's stock worth $240,643,000 after acquiring an additional 59,587 shares during the period. Oak Thistle LLC bought a new position in Burlington Stores in the third quarter valued at approximately $1,932,000. Nomura Asset Management Co. Ltd. raised its position in Burlington Stores by 8.3% during the second quarter. Nomura Asset Management Co. Ltd. now owns 19,785 shares of the company's stock valued at $4,603,000 after purchasing an additional 1,510 shares in the last quarter. Campbell & CO Investment Adviser LLC bought a new stake in Burlington Stores during the third quarter worth $1,033,000. Finally, Vanguard Group Inc. lifted its stake in Burlington Stores by 3.5% during the third quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company's stock worth $1,726,070,000 after purchasing an additional 232,358 shares during the last quarter.

Burlington Stores Stock Performance

BURL stock opened at $305.68 on Friday. Burlington Stores, Inc. has a 1-year low of $212.92 and a 1-year high of $332.20. The company has a current ratio of 1.23, a quick ratio of 0.46 and a debt-to-equity ratio of 1.11. The stock has a 50-day moving average price of $303.17 and a 200-day moving average price of $283.03. The firm has a market cap of $19.24 billion, a PE ratio of 32.11, a price-to-earnings-growth ratio of 1.78 and a beta of 1.73.

Burlington Stores (NYSE:BURL - Get Free Report) last released its quarterly earnings data on Thursday, March 5th. The company reported $4.99 earnings per share for the quarter, beating analysts' consensus estimates of $4.70 by $0.29. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The firm had revenue of $3.65 billion for the quarter, compared to analyst estimates of $2.77 billion. During the same period last year, the firm earned $4.07 earnings per share. The business's quarterly revenue was up 11.3% compared to the same quarter last year. 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. As a group, equities research analysts expect that Burlington Stores, Inc. will post 7.93 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on BURL shares. Morgan Stanley decreased their target price on Burlington Stores from $330.00 to $310.00 and set an "overweight" rating on the stock in a research report on Wednesday, November 26th. Wells Fargo & Company upped their target price on Burlington Stores from $350.00 to $400.00 and gave the stock an "overweight" rating in a report on Friday. Telsey Advisory Group reiterated an "outperform" rating and issued a $365.00 target price (up from $350.00) on shares of Burlington Stores in a research report on Monday, March 2nd. TD Cowen reissued a "buy" rating on shares of Burlington Stores in a research note on Wednesday, November 26th. Finally, Robert W. Baird upped their price objective on Burlington Stores from $345.00 to $375.00 and gave the company an "outperform" rating in a research note on Friday. Fifteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $355.44.

Burlington Stores News Roundup

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: Q4 beat — Burlington delivered $4.99 EPS (vs. ~$4.70 consensus), revenue of ~$3.65B and 4% comps with margin expansion, driving 21% EPS growth for the year; this underpins the bullish case for durable off‑price demand. Earnings Release
• Positive Sentiment: FY 2026 guidance raised — Burlington set FY EPS guidance of $10.95–$11.45 (above consensus) and increased revenue guidance, reinforcing longer‑term earnings upside. Guidance/Seeking Alpha
• Positive Sentiment: Analysts materially bumped targets — Citi, Wells Fargo, JPMorgan, Robert W. Baird and others raised price targets and ratings (Wells to $400, Citi to $380, JPMorgan to $365, Baird to $375), signaling strong sell‑side conviction on upside. Benzinga
• Neutral Sentiment: Media/analysis context — Coverage (Barron’s, Seeking Alpha, Zacks) highlights that Burlington’s performance could make comp growth more predictable, but notes the company still faces retail cyclicality and tariff/price dynamics. Barron's
• Negative Sentiment: Near‑term guide miss concerns — Q1 EPS guidance of $1.60–$1.75 is below some Street estimates, which can prompt short‑term profit‑taking despite the stronger FY view. Company Press Release (guidance)
• Negative Sentiment: Unusual options activity — heavy put buying (notable jump in put volume) signals hedging or bearish bets, which can amplify downward pressure in volatile trading. (Reported market options flow)

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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