Jupiter Topco LLC Buys Shares of 894,021 Burlington Stores, Inc. $BURL

Jupiter Topco LLC purchased a new stake in shares of Burlington Stores, Inc. (NYSE:BURL) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 894,021 shares of the company’s stock, valued at approximately $283,228,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in Burlington Stores in the 2nd quarter valued at about $2,157,518,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Burlington Stores by 303,059.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock worth $552,552,000 after purchasing an additional 1,912,305 shares in the last quarter. Primecap Management Co. CA bought a new stake in shares of Burlington Stores in the second quarter valued at approximately $266,416,000. Norges Bank purchased a new stake in shares of Burlington Stores during the 4th quarter valued at approximately $224,971,000. Finally, Alyeska Investment Group L.P. lifted its stake in shares of Burlington Stores by 103.5% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,285,336 shares of the company’s stock valued at $371,269,000 after buying an additional 653,718 shares in the last quarter.

Burlington Stores Stock Down 4.4%

BURL opened at $316.17 on Wednesday. The firm has a market capitalization of $19.90 billion, a P/E ratio of 32.49, a price-to-earnings-growth ratio of 1.70 and a beta of 1.44. Burlington Stores, Inc. has a one year low of $240.49 and a one year high of $378.33. The company has a fifty day moving average price of $341.56 and a 200-day moving average price of $325.28. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings data on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.21. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The company had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.80 billion. During the same quarter last year, the company earned $1.60 earnings per share. The firm’s quarterly revenue was up 14.1% on a year-over-year basis. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. Equities research analysts expect that Burlington Stores, Inc. will post 12.21 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BURL has been the subject of a number of recent research reports. Evercore reiterated an “outperform” rating and issued a $400.00 price objective on shares of Burlington Stores in a research note on Monday, August 17th. Truist Financial raised their price target on Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Wells Fargo & Company reduced their price target on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Jefferies Financial Group increased their price objective on Burlington Stores from $365.00 to $410.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Finally, Weiss Ratings lowered Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 23rd. Thirteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $371.50.

Insider Activity

In other news, CAO Stephen Ferroni sold 2,343 shares of Burlington Stores stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $337.22, for a total transaction of $790,106.46. Following the completion of the sale, the chief accounting officer owned 1,391 shares in the company, valued at approximately $469,073.02. This trade represents a 62.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Matthew Pasch sold 3,773 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $317.21, for a total value of $1,196,833.33. Following the transaction, the insider directly owned 6,523 shares of the company’s stock, valued at $2,069,160.83. The trade was a 36.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 30,392 shares of company stock worth $10,280,271. 1.30% of the stock is currently owned by insiders.

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.