Mitsubishi UFJ Asset Management Co. Ltd. Acquires Shares of 74,578 Burlington Stores, Inc. $BURL

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Burlington Stores, Inc. (NYSE:BURL) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 74,578 shares of the company’s stock, valued at approximately $23,626,000.

Several other large investors also recently modified their holdings of BURL. Northwestern Mutual Wealth Management Co. increased its holdings in Burlington Stores by 303,059.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock valued at $552,552,000 after purchasing an additional 1,912,305 shares during the period. Norges Bank purchased a new stake in Burlington Stores in the 4th quarter worth approximately $224,971,000. Alyeska Investment Group L.P. grew its position 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 worth $371,269,000 after buying an additional 653,718 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Burlington Stores in the 2nd quarter worth approximately $148,766,000. Finally, T. Rowe Price Investment Management Inc. increased its stake in shares of Burlington Stores by 15.8% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company’s stock valued at $817,122,000 after buying an additional 386,615 shares during the period.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Citigroup lowered Burlington Stores from a “buy” rating to a “neutral” rating and set a $380.00 price target for the company. in a research note on Wednesday, August 5th. UBS Group boosted their price objective on shares of Burlington Stores from $435.00 to $440.00 and gave the company a “buy” rating in a research report on Monday. Wells Fargo & Company decreased their price objective on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a report on Friday, May 29th. JPMorgan Chase & Co. dropped 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. Finally, Barclays lifted their target price on shares of Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Thirteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $371.50.

Insider Buying and Selling

In other Burlington Stores news, CAO Stephen Ferroni sold 2,343 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction 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 approximately $469,073.02. This trade represents a 62.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CMO Jennifer Vecchio sold 1,678 shares of Burlington Stores stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $369.04, for a total transaction of $619,249.12. Following the transaction, the chief marketing officer owned 77,661 shares of the company’s stock, valued at $28,660,015.44. The trade was a 2.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 30,392 shares of company stock valued at $10,280,271 over the last quarter. Corporate insiders own 1.30% of the company’s stock.

Burlington Stores Price Performance

Shares of BURL stock opened at $333.17 on Friday. The business’s fifty day moving average is $342.25 and its 200 day moving average is $324.75. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 1.03. The stock has a market cap of $20.97 billion, a price-to-earnings ratio of 34.24, a PEG ratio of 1.81 and a beta of 1.44. Burlington Stores, Inc. has a twelve month low of $240.49 and a twelve month high of $378.33.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings data on Thursday, May 28th. The company reported $2.01 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $2.80 billion. During the same quarter last year, the firm posted $1.60 earnings per share. The company’s revenue for the quarter 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. Research analysts expect that Burlington Stores, Inc. will post 11.75 EPS for the current fiscal year.

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.