Krilogy Financial LLC Has $1.18 Million Holdings in Burlington Stores, Inc. $BURL

Krilogy Financial LLC increased its stake in shares of Burlington Stores, Inc. (NYSE:BURL) by 382.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,494 shares of the company’s stock after buying an additional 2,770 shares during the quarter. Krilogy Financial LLC’s holdings in Burlington Stores were worth $1,178,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of BURL. Northwestern Mutual Wealth Management Co. raised its stake in Burlington Stores by 303,059.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock worth $552,552,000 after acquiring an additional 1,912,305 shares in the last quarter. Norges Bank acquired a new stake in shares of Burlington Stores in the 4th quarter valued at $224,971,000. Alyeska Investment Group L.P. boosted its stake in shares of 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 valued at $371,269,000 after purchasing an additional 653,718 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in shares of Burlington Stores by 15.8% in 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 purchasing an additional 386,615 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of Burlington Stores by 121.0% in the 4th quarter. Wellington Management Group LLP now owns 595,961 shares of the company’s stock worth $172,143,000 after purchasing an additional 326,328 shares during the last quarter.

Burlington Stores Trading Down 4.0%

BURL opened at $324.37 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 1.03. The stock has a market capitalization of $20.42 billion, a PE ratio of 33.34, a PEG ratio of 1.82 and a beta of 1.46. Burlington Stores, Inc. has a 1-year low of $222.48 and a 1-year high of $351.85. The firm has a 50-day moving average price of $321.61 and a two-hundred day moving average price of $309.58.

Burlington Stores (NYSE:BURL) last announced its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The company had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same period in the previous year, the firm posted $1.60 earnings per share. The company’s 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. As a group, equities analysts anticipate that Burlington Stores, Inc. will post 11.71 earnings per share for the current fiscal year.

Insider Activity at Burlington Stores

In other Burlington Stores news, insider Matthew Pasch sold 3,773 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the transaction, the insider owned 6,523 shares of the company’s stock, valued at approximately $2,069,160.83. This represents a 36.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Stephen Ferroni sold 2,343 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $337.22, for a total value of $790,106.46. Following the completion of the transaction, the chief accounting officer owned 1,391 shares in the company, valued at $469,073.02. The trade was a 62.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 27,036 shares of company stock valued at $9,131,747 over the last quarter. Corporate insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Telsey Advisory Group reissued an “outperform” rating and set a $365.00 price target on shares of Burlington Stores in a report on Tuesday, March 31st. Barclays upped their price objective on shares of Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Robert W. Baird lifted their target price on shares of Burlington Stores from $345.00 to $375.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. Truist Financial boosted their target price on Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Finally, Evercore restated an “outperform” rating and set a $375.00 price target on shares of Burlington Stores in a research report on Thursday, March 5th. Fifteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $353.56.

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.