Zurcher Kantonalbank Zurich Cantonalbank Sells 66,568 Shares of Burlington Stores, Inc. $BURL

Key Points

• Zurcher Kantonalbank cut its Burlington Stores stake by 81%, selling 66,568 shares in Q4 and now holding 15,578 shares valued at about $4.5 million.
• COO Travis Marquette sold 3,759 shares at an average of $327.75 (≈$1.23M), trimming his stake by 12.48%; corporate insiders own about 1.30% of the company.
• Analysts remain broadly positive (16 Buys, 4 Holds) with a consensus price target of $355.44, after Burlington beat Q results (EPS $4.99 vs. $4.70; revenue $3.65B vs. $2.77B) and set FY2026 EPS guidance of $10.95–11.45.

Zurcher Kantonalbank Zurich Cantonalbank lowered its stake in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 81.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 15,578 shares of the company's stock after selling 66,568 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Burlington Stores were worth $4,500,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Krilogy Financial LLC bought a new position in Burlington Stores during the 4th quarter valued at about $213,000. Graphene Investments SAS increased its position in shares of Burlington Stores by 15.0% during the 4th quarter. Graphene Investments SAS now owns 12,300 shares of the company's stock valued at $3,553,000 after purchasing an additional 1,600 shares during the last quarter. Seeds Investor LLC increased its position in shares of Burlington Stores by 7.1% during the 4th quarter. Seeds Investor LLC now owns 1,128 shares of the company's stock valued at $326,000 after purchasing an additional 75 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. increased its position in shares of Burlington Stores by 10.4% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,106 shares of the company's stock valued at $897,000 after purchasing an additional 292 shares during the last quarter. Finally, Chicago Capital LLC increased its position in shares of Burlington Stores by 1.0% during the 4th quarter. Chicago Capital LLC now owns 182,065 shares of the company's stock valued at $52,589,000 after purchasing an additional 1,747 shares during the last quarter.

Wall Street Analyst Weigh In

BURL has been the subject of several research reports. Evercore reaffirmed an "outperform" rating and set a $375.00 price target on shares of Burlington Stores in a research report on Thursday, March 5th. Weiss Ratings raised shares of Burlington Stores from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, March 23rd. UBS Group reaffirmed a "buy" rating on shares of Burlington Stores in a research report on Tuesday, March 3rd. Wall Street Zen lowered shares of Burlington Stores from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, Citigroup upped their price target on shares of Burlington Stores from $351.00 to $380.00 and gave the company a "buy" rating in a research report on Friday, March 6th. Sixteen research 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, Burlington Stores currently has an average rating of "Moderate Buy" and a consensus price target of $355.44.

Insider Transactions at Burlington Stores

In related news, COO Travis Marquette sold 3,759 shares of the stock in a transaction that occurred on 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 directly owned 26,350 shares of the company's stock, valued at approximately $8,636,212.50. This represents a 12.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.30% of the company's stock.

Burlington Stores Trading Up 0.8%

Burlington Stores stock opened at $332.31 on Friday. The firm has a 50 day moving average of $318.93 and a 200 day moving average of $295.11. The firm has a market capitalization of $20.88 billion, a price-to-earnings ratio of 34.91, a P/E/G ratio of 2.00 and a beta of 1.62. Burlington Stores, Inc. has a 12-month low of $217.23 and a 12-month high of $351.85. 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 (NYSE:BURL - Get Free Report) last released its earnings results on Thursday, March 5th. The company reported $4.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.70 by $0.29. The company had revenue of $3.65 billion during the quarter, compared to analyst estimates of $2.77 billion. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The firm's quarterly revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.07 EPS. 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, research analysts predict that Burlington Stores, Inc. will post 11.27 earnings per share for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.