Bull Harbor Capital LLC purchased a new position in Burlington Stores, Inc. (NYSE:BURL – Free Report) during the first quarter, HoldingsChannel reports. The institutional investor purchased 3,353 shares of the company’s stock, valued at approximately $1,091,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Burlington Stores by 14.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock worth $72,000 after acquiring an additional 38 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Burlington Stores by 1,604.7% in the first quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock valued at $345,000 after purchasing an additional 1,364 shares during the period. EverSource Wealth Advisors LLC increased its position in Burlington Stores by 91.8% during the second quarter. EverSource Wealth Advisors LLC now owns 698 shares of the company’s stock worth $162,000 after purchasing an additional 334 shares during the last quarter. Daiwa Securities Group Inc. increased its position in Burlington Stores by 12.4% during the second quarter. Daiwa Securities Group Inc. now owns 7,459 shares of the company’s stock worth $1,735,000 after purchasing an additional 821 shares during the last quarter. Finally, AXA S.A. increased its position in Burlington Stores by 1,033.2% during the second quarter. AXA S.A. now owns 10,754 shares of the company’s stock worth $2,502,000 after purchasing an additional 9,805 shares during the last quarter.
Insider Transactions at Burlington Stores
In other news, insider Matthew Pasch sold 3,773 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $317.21, for a total value of $1,196,833.33. Following the sale, the insider owned 6,523 shares in the company, valued at approximately $2,069,160.83. This represents a 36.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CMO Jennifer Vecchio sold 1,678 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $315.42, for a total value of $529,274.76. Following the sale, the chief marketing officer owned 79,339 shares in the company, valued at $25,025,107.38. The trade was a 2.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 28,714 shares of company stock valued at $9,661,022. Insiders own 1.30% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Stock Report on Burlington Stores
Burlington Stores Stock Performance
Shares of BURL stock opened at $371.57 on Thursday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49. The company’s fifty day moving average price is $330.97 and its two-hundred day moving average price is $318.37. The firm has a market capitalization of $23.39 billion, a P/E ratio of 38.19, a P/E/G ratio of 1.99 and a beta of 1.46. Burlington Stores, Inc. has a 12 month low of $240.49 and a 12 month high of $378.33.
Burlington Stores (NYSE:BURL – Get Free Report) last announced its 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. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same period in the previous year, the company earned $1.60 earnings per share. The company’s revenue for the quarter was up 14.1% compared to the same quarter last year. 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, research analysts anticipate that Burlington Stores, Inc. will post 11.71 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.
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