Burlington Stores, Inc. $BURL Shares Sold by Peregrine Capital Management LLC

Peregrine Capital Management LLC reduced its position in Burlington Stores, Inc. (NYSE:BURL) by 3.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 45,983 shares of the company’s stock after selling 1,710 shares during the quarter. Peregrine Capital Management LLC’s holdings in Burlington Stores were worth $13,282,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Junto Capital Management LP raised its stake in shares of Burlington Stores by 168.4% in the 3rd quarter. Junto Capital Management LP now owns 503,080 shares of the company’s stock valued at $128,034,000 after acquiring an additional 315,664 shares during the period. Vanguard Group Inc. boosted its stake in Burlington Stores by 3.5% during the 3rd quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock valued at $1,726,070,000 after acquiring an additional 232,358 shares during the last quarter. Wellington Management Group LLP raised its stake in Burlington Stores by 536.2% during the third quarter. Wellington Management Group LLP now owns 269,633 shares of the company’s stock valued at $68,622,000 after buying an additional 227,254 shares in the last quarter. Samlyn Capital LLC raised its position in shares of Burlington Stores by 68.0% during the 3rd quarter. Samlyn Capital LLC now owns 555,717 shares of the company’s stock valued at $141,430,000 after acquiring an additional 224,909 shares in the last quarter. Finally, Alkeon Capital Management LLC boosted its holdings in Burlington Stores by 50.0% in the third quarter. Alkeon Capital Management LLC now owns 525,000 shares of the company’s stock worth $133,612,000 after purchasing an additional 175,000 shares during the period.

Burlington Stores Stock Up 0.3%

Shares of Burlington Stores stock traded up $1.11 during midday trading on Thursday, reaching $338.13. 12,829 shares of the company’s stock traded hands, compared to its average volume of 798,280. Burlington Stores, Inc. has a 52 week low of $214.02 and a 52 week high of $351.85. The company’s 50 day simple moving average is $317.59 and its 200 day simple moving average is $294.37. 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 company has a market cap of $21.24 billion, a price-to-earnings ratio of 35.44, a price-to-earnings-growth ratio of 2.07 and a beta of 1.62.

Burlington Stores (NYSE:BURL) last released its quarterly earnings results on Thursday, March 5th. The company reported $4.99 earnings per share (EPS) for the quarter, topping 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 company had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $2.77 billion. During the same quarter in the prior year, the company posted $4.07 EPS. The firm’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. Equities analysts expect that Burlington Stores, Inc. will post 11.27 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Burlington Stores 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 transaction of $1,232,012.25. Following the completion of the sale, the chief operating officer directly owned 26,350 shares in the company, valued at $8,636,212.50. This represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.30% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

BURL has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft assumed coverage on Burlington Stores in a research note on Thursday, January 8th. They issued a “hold” rating and a $318.00 target price for the company. Wells Fargo & Company increased their target price on shares of Burlington Stores from $350.00 to $400.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. JPMorgan Chase & Co. increased their price target on Burlington Stores from $356.00 to $365.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Telsey Advisory Group restated an “outperform” rating and set a $365.00 price objective on shares of Burlington Stores in a research report on Tuesday, March 31st. Finally, Evercore restated an “outperform” rating and issued a $375.00 target price on shares of Burlington Stores in a report on Thursday, March 5th. 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 stock has an average rating of “Moderate Buy” and a consensus target price of $355.44.

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.