Wealth Enhancement Advisory Services LLC Purchases 3,346 Shares of Burlington Stores, Inc. $BURL

Wealth Enhancement Advisory Services LLC raised its position in Burlington Stores, Inc. (NYSE:BURL) by 64.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 8,577 shares of the company’s stock after purchasing an additional 3,346 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Burlington Stores were worth $2,673,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised 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 buying an additional 232,358 shares during the last quarter. State Street Corp boosted its position in Burlington Stores by 1.2% during the third quarter. State Street Corp now owns 2,184,171 shares of the company’s stock valued at $555,872,000 after acquiring an additional 26,529 shares during the last quarter. SRS Investment Management LLC grew its holdings in Burlington Stores by 15.9% during the 2nd quarter. SRS Investment Management LLC now owns 1,472,137 shares of the company’s stock worth $342,478,000 after acquiring an additional 201,716 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in 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. Finally, Dorsal Capital Management LP raised its position in shares of Burlington Stores by 6.7% in the 3rd quarter. Dorsal Capital Management LP now owns 800,000 shares of the company’s stock worth $203,600,000 after acquiring an additional 50,000 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on BURL shares. UBS Group reissued a “buy” rating on shares of Burlington Stores in a research note on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft started coverage on Burlington Stores in a report on Thursday, January 8th. They issued a “hold” rating and a $318.00 target price for the company. Sanford C. Bernstein set a $350.00 price target on Burlington Stores and gave the company an “outperform” rating in a research note on Tuesday, January 6th. Citigroup increased their price target on Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $365.00 price objective on shares of Burlington Stores in a research report on Tuesday. Sixteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Burlington Stores presently has a consensus rating of “Moderate Buy” and an average target price of $355.44.

Insider Buying and Selling at Burlington Stores

In related news, COO Travis Marquette sold 3,759 shares of the company’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 sale, the chief operating officer owned 26,350 shares in the company, valued at $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 is available at this link. 1.10% of the stock is owned by corporate insiders.

Burlington Stores News Roundup

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

• Positive Sentiment:
  Telsey Advisory Group reaffirmed its “outperform” rating and set a $365 price target (about a mid‑teens upside from recent levels), supporting investor confidence and upside expectations. Telsey reaffirmation
• Positive Sentiment:
  The stock hit a new 52-week high, signaling strong buying momentum and likely attracting momentum and institutional flows. Burlington Stores stock hits 52-week high
• Positive Sentiment:
  Ongoing brick‑and‑mortar expansion: several local openings and grand‑opening announcements (Watchung, Conway, Chelsea, Fresno) underline store growth and revenue runway — a practical driver for mid‑term comp growth. Watchung store opening Conway opening Chelsea grand opening Fresno opening
• Neutral Sentiment:
  Local hiring notices for a new Darien chain store reference broader labor activity around openings; this is operational/PR-level news with limited direct impact on shares. Darien hiring notice
• Negative Sentiment:
  A jury is weighing a fatal shooting at a North Hollywood Burlington location — a localized legal/PR issue that could raise reputational concerns but is unlikely to change the company’s fundamentals unless it escalates. North Hollywood shooting coverage

Burlington Stores Price Performance

Shares of BURL opened at $330.93 on Thursday. The business’s fifty day moving average is $306.59 and its 200 day moving average is $286.46. Burlington Stores, Inc. has a 12-month low of $212.92 and a 12-month high of $333.33. The company has a quick ratio of 0.65, a current ratio of 1.23 and a debt-to-equity ratio of 1.11. The stock has a market cap of $20.75 billion, a P/E ratio of 34.76, a P/E/G ratio of 1.97 and a beta of 1.62.

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, topping the consensus estimate 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 the consensus estimate of $2.77 billion. During the same quarter in the prior year, the company posted $4.07 earnings per share. The business’s 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. Sell-side analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

About Burlington Stores

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.