Swiss National Bank Purchases 11,920 Shares of Burlington Stores, Inc. $BURL

Swiss National Bank grew its position in shares of Burlington Stores, Inc. (NYSE:BURL) by 6.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 184,640 shares of the company’s stock after buying an additional 11,920 shares during the quarter. Swiss National Bank’s holdings in Burlington Stores were worth $60,078,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA raised its stake in shares of Burlington Stores by 17.5% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,110,632 shares of the company’s stock worth $320,806,000 after purchasing an additional 165,078 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Burlington Stores by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 1,233,176 shares of the company’s stock valued at $355,261,000 after buying an additional 27,074 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in Burlington Stores by 82.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 23,157 shares of the company’s stock worth $6,689,000 after buying an additional 10,492 shares in the last quarter. Intech Investment Management LLC increased its holdings in Burlington Stores by 35.9% in the 4th quarter. Intech Investment Management LLC now owns 14,345 shares of the company’s stock worth $4,144,000 after buying an additional 3,789 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. purchased a new position in Burlington Stores in the 4th quarter worth about $3,514,000.

Burlington Stores Stock Up 0.9%

BURL opened at $355.28 on Wednesday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.49 and a current ratio of 1.16. Burlington Stores, Inc. has a fifty-two week low of $240.49 and a fifty-two week high of $361.21. The firm’s fifty day moving average is $323.27 and its 200 day moving average is $316.11. The stock has a market cap of $22.36 billion, a price-to-earnings ratio of 36.51, a price-to-earnings-growth ratio of 1.90 and a beta of 1.46.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. The business had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.Burlington Stores’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.60 EPS. 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. On average, sell-side analysts forecast that Burlington Stores, Inc. will post 11.71 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CMO Jennifer Vecchio sold 1,678 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $315.42, for a total value of $529,274.76. Following the transaction, the chief marketing officer directly owned 79,339 shares of the company’s stock, valued at approximately $25,025,107.38. The trade was a 2.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Stephen Ferroni sold 2,343 shares of the company’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 value of $790,106.46. Following the completion of the transaction, the chief accounting officer owned 1,391 shares of the company’s stock, valued at $469,073.02. The trade was a 62.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 28,714 shares of company stock worth $9,661,022. 1.30% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have issued reports on BURL. Wells Fargo & Company lowered their target price on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. Barclays boosted their price objective on shares of Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. UBS Group restated a “buy” rating and set a $435.00 price objective on shares of Burlington Stores in a research report on Friday, May 29th. Weiss Ratings upgraded shares of Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 7th. Finally, JPMorgan Chase & Co. cut their target price on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Fourteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $353.56.

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.