Raiffeisen Bank International AG Acquires 2,404 Shares of Burlington Stores, Inc. $BURL

Raiffeisen Bank International AG grew its stake in shares of Burlington Stores, Inc. (NYSE:BURL) by 95.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,912 shares of the company’s stock after acquiring an additional 2,404 shares during the period. Raiffeisen Bank International AG’s holdings in Burlington Stores were worth $1,544,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in Burlington Stores in the second quarter worth approximately $2,157,518,000. T. Rowe Price Investment Management Inc. grew its position in Burlington Stores by 15.8% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company’s stock worth $817,122,000 after acquiring an additional 386,615 shares during the last quarter. State Street Corp grew its position in Burlington Stores by 1.2% during the 3rd quarter. State Street Corp now owns 2,184,171 shares of the company’s stock worth $555,872,000 after acquiring an additional 26,529 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Burlington Stores by 303,059.4% in the 4th 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 during the period. Finally, Alyeska Investment Group L.P. increased its stake in Burlington Stores by 103.5% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,285,336 shares of the company’s stock worth $371,269,000 after purchasing an additional 653,718 shares during the period.

Key Stories Impacting Burlington Stores

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

• Positive Sentiment: Burlington plans to invest approximately $370 million in a new headquarters in Philadelphia’s University City and relocate about 2,000 employees. Pennsylvania officials are promoting the project as a major economic-development win, while the investment could provide a modernized corporate base and access to talent. Pennsylvania officials tout Burlington headquarters move
• Positive Sentiment: The stock’s recent selloff has pushed its relative-strength index to deeply oversold levels, which may attract bargain hunters. Burlington also raised its full-year earnings outlook despite issuing cautious near-term guidance, supporting the longer-term growth narrative. Burlington RSI and valuation analysis
• Neutral Sentiment: The relocation is primarily a corporate and regional investment decision rather than a change to Burlington’s store strategy or sales outlook. Reports describe the announcement as a major move after roughly 50 years in New Jersey, with political leaders in both states debating its costs and benefits. Political response to Burlington relocation
• Negative Sentiment: Investors may remain cautious because Burlington’s latest quarterly outlook called for third-quarter EPS of $1.60 to $1.70, while management’s recent guidance was viewed as conservative. The headquarters transition could also create one-time costs before any efficiency benefits are realized. Burlington headquarters relocation details

Insiders Place Their Bets

In other news, CMO Jennifer Vecchio sold 20,920 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $341.53, for a total transaction of $7,144,807.60. Following the completion of the sale, the chief marketing officer directly owned 81,017 shares of the company’s stock, valued at approximately $27,669,736.01. The trade was a 20.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Stephen Ferroni sold 2,343 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $337.22, for a total transaction of $790,106.46. Following the transaction, the chief accounting officer directly owned 1,391 shares in the company, valued at approximately $469,073.02. This trade represents a 62.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 26,619 shares of company stock valued at $9,083,438. 1.30% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Bank of America raised their price target on Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Evercore reissued an “outperform” rating and issued a $400.00 price target on shares of Burlington Stores in a research report on Monday, August 17th. Morgan Stanley cut their price objective on shares of Burlington Stores from $438.00 to $432.00 and set an “overweight” rating on the stock in a research report on Friday, August 28th. Weiss Ratings raised shares of Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 26th. Finally, Truist Financial upped their target price on shares of Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. Fourteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $370.75.

Burlington Stores Stock Performance

BURL opened at $265.64 on Friday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.47 and a current ratio of 1.17. The stock has a market capitalization of $16.68 billion, a price-to-earnings ratio of 23.85, a PEG ratio of 1.49 and a beta of 1.42. The company has a fifty day moving average of $331.92 and a 200 day moving average of $323.29. Burlington Stores, Inc. has a fifty-two week low of $240.49 and a fifty-two week high of $378.33.

Burlington Stores (NYSE:BURL) last posted its earnings results on Thursday, August 27th. The company reported $2.96 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.77. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same period in the previous year, the business earned $1.72 earnings per share. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. As a group, sell-side analysts forecast that Burlington Stores, Inc. will post 12.9 earnings per share for the current fiscal 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.