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

Retirement Systems of Alabama cut its holdings in shares of Burlington Stores, Inc. (NYSE:BURL) by 5.4% during the 4th quarter, Holdings Channel reports. The firm owned 91,823 shares of the company’s stock after selling 5,257 shares during the period. Retirement Systems of Alabama’s holdings in Burlington Stores were worth $26,523,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Exchange Traded Concepts LLC acquired a new stake in Burlington Stores during the fourth quarter worth approximately $208,000. Pallas Capital Advisors LLC raised its holdings in Burlington Stores by 43.3% in the 4th quarter. Pallas Capital Advisors LLC now owns 1,927 shares of the company’s stock valued at $557,000 after acquiring an additional 582 shares in the last quarter. DAVENPORT & Co LLC bought a new stake in shares of Burlington Stores during the 4th quarter valued at $218,000. SG Americas Securities LLC lifted its position in shares of Burlington Stores by 1,130.2% during the 4th quarter. SG Americas Securities LLC now owns 77,096 shares of the company’s stock valued at $22,269,000 after acquiring an additional 70,829 shares during the period. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Burlington Stores by 82.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 23,157 shares of the company’s stock worth $6,689,000 after purchasing an additional 10,492 shares in the last quarter.

Analyst Ratings Changes

A number of brokerages recently commented on BURL. JPMorgan Chase & Co. raised their price target on Burlington Stores from $356.00 to $365.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Jefferies Financial Group reiterated a “buy” rating and set a $370.00 price objective on shares of Burlington Stores in a research note on Thursday, March 5th. Evercore reissued an “outperform” rating and issued a $375.00 target price on shares of Burlington Stores in a report on Thursday, March 5th. Weiss Ratings upgraded shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $365.00 price target on shares of Burlington Stores in a report on Tuesday. Sixteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $355.44.

Burlington Stores Price Performance

Burlington Stores stock opened at $325.82 on Wednesday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.65 and a current ratio of 1.23. Burlington Stores, Inc. has a 52 week low of $212.92 and a 52 week high of $332.20. The stock has a market capitalization 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 stock has a fifty day moving average of $306.19 and a 200-day moving average of $286.14.

Burlington Stores (NYSE:BURL) last released its quarterly earnings data on Thursday, March 5th. The company reported $4.99 earnings per share 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 for the quarter, compared to analyst estimates of $2.77 billion. During the same period last year, the firm posted $4.07 earnings per share. Burlington Stores’s 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. On average, sell-side analysts expect that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

Insider Buying and Selling at Burlington Stores

In other news, COO Travis Marquette sold 3,759 shares of the firm’s 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 sale, the chief operating officer directly owned 26,350 shares in the company, valued at approximately $8,636,212.50. This trade represents a 12.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.10% of the company’s stock.

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.