Alberta Investment Management Corp Makes New Investment in Burlington Stores, Inc. $BURL

Alberta Investment Management Corp bought a new stake in Burlington Stores, Inc. (NYSE:BURL) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,000 shares of the company’s stock, valued at approximately $764,000.

Several other large investors also recently made changes to their positions in the business. First Horizon Corp acquired a new position in shares of Burlington Stores in the 3rd quarter worth approximately $25,000. Root Financial Partners LLC acquired a new stake in Burlington Stores during the third quarter valued at approximately $30,000. Mather Group LLC. purchased a new stake in shares of Burlington Stores during the third quarter valued at $36,000. Geneos Wealth Management Inc. lifted its position in shares of Burlington Stores by 235.4% in the second quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock worth $37,000 after purchasing an additional 113 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in Burlington Stores by 38.2% in the third quarter. Jones Financial Companies Lllp now owns 170 shares of the company’s stock valued at $45,000 after purchasing an additional 47 shares in the last quarter.

Burlington Stores Stock Performance

Shares of NYSE:BURL opened at $312.45 on Friday. The firm has a fifty day simple moving average of $296.32 and a two-hundred day simple moving average of $280.81. The company has a quick ratio of 0.46, a current ratio of 1.21 and a debt-to-equity ratio of 1.32. Burlington Stores, Inc. has a 52 week low of $212.92 and a 52 week high of $332.20. The stock has a market capitalization of $19.66 billion, a P/E ratio of 35.91, a PEG ratio of 1.69 and a beta of 1.74.

Burlington Stores (NYSE:BURL) last posted its quarterly earnings data on Tuesday, November 25th. The company reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.09. The business had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.74 billion. Burlington Stores had a return on equity of 41.02% and a net margin of 5.01%.The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period last year, the company earned $1.55 EPS. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS and its FY 2025 guidance at 9.690-9.890 EPS. On average, analysts expect that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BURL has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on Burlington Stores in a report on Thursday, January 8th. They set a “hold” rating and a $318.00 price target on the stock. Evercore cut their price objective on Burlington Stores from $370.00 to $335.00 and set an “outperform” rating for the company in a report on Wednesday, November 26th. Morgan Stanley cut their price target on Burlington Stores from $330.00 to $310.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. The Goldman Sachs Group set a $331.00 target price on Burlington Stores in a research note on Wednesday, November 26th. Finally, Wells Fargo & Company dropped their price target on shares of Burlington Stores from $330.00 to $315.00 and set an “overweight” rating for the company in a research note on Monday, October 27th. Fifteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $335.94.

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.