Northwestern Mutual Wealth Management Co. Purchases 1,912,305 Shares of Burlington Stores, Inc. $BURL

Northwestern Mutual Wealth Management Co. lifted its position in Burlington Stores, Inc. (NYSE:BURL) by 303,059.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,912,936 shares of the company’s stock after acquiring an additional 1,912,305 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 3.04% of Burlington Stores worth $552,552,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Stone House Investment Management LLC bought a new stake in shares of Burlington Stores in the fourth quarter valued at about $25,000. First Horizon Corp bought a new stake in shares of Burlington Stores in the third quarter valued at about $25,000. JPL Wealth Management LLC bought a new stake in shares of Burlington Stores in the third quarter valued at about $28,000. Root Financial Partners LLC bought a new stake in shares of Burlington Stores in the third quarter valued at about $30,000. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Burlington Stores by 235.4% in the second quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after acquiring an additional 113 shares in the last quarter.

Insider Buying and Selling at Burlington Stores

In other news, COO Travis Marquette sold 3,759 shares of the business’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the sale, the chief operating officer owned 26,350 shares in the company, valued at approximately $8,636,212.50. The trade was a 12.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on BURL. Wells Fargo & Company lifted their price objective on Burlington Stores from $350.00 to $400.00 and gave the company an “overweight” rating in a report on Friday, March 6th. Barclays boosted their target price on shares of Burlington Stores from $331.00 to $335.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Citigroup boosted their target price on shares of Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Robert W. Baird boosted their target price on shares of Burlington Stores from $345.00 to $375.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. Finally, UBS Group reiterated a “buy” rating on shares of Burlington Stores in a report on Tuesday, March 3rd. Sixteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $355.44.

Burlington Stores Price Performance

Shares of BURL stock opened at $293.27 on Friday. Burlington Stores, Inc. has a fifty-two week low of $218.52 and a fifty-two week high of $351.85. The firm has a market capitalization of $18.43 billion, a price-to-earnings ratio of 30.81, a PEG ratio of 1.77 and a beta of 1.48. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.65 and a current ratio of 1.23. The stock’s 50-day simple moving average is $318.54 and its 200-day simple moving average is $298.72.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings results on Thursday, March 5th. The company reported $4.99 earnings per share for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the firm earned $4.07 earnings per share. The company’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. As a group, equities analysts forecast that Burlington Stores, Inc. will post 11.27 earnings per share for the current fiscal year.

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.