Dimensional Fund Advisors LP Reduces Holdings in Burlington Stores, Inc. $BURL

Dimensional Fund Advisors LP lessened its holdings in Burlington Stores, Inc. (NYSE:BURL) by 6.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 644,651 shares of the company’s stock after selling 46,435 shares during the period. Dimensional Fund Advisors LP owned 1.02% of Burlington Stores worth $164,078,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Vanguard Group Inc. grew its holdings in Burlington Stores by 3.5% during the 3rd quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock valued at $1,726,070,000 after buying an additional 232,358 shares during the last quarter. SRS Investment Management LLC boosted its stake in shares of Burlington Stores by 15.9% during the second quarter. SRS Investment Management LLC now owns 1,472,137 shares of the company’s stock valued at $342,478,000 after acquiring an additional 201,716 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Burlington Stores by 2.3% during the second quarter. Geode Capital Management LLC now owns 1,176,469 shares of the company’s stock valued at $272,894,000 after acquiring an additional 26,866 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in Burlington Stores by 6.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 945,554 shares of the company’s stock worth $240,643,000 after purchasing an additional 59,587 shares in the last quarter. Finally, American Century Companies Inc. increased its position in Burlington Stores by 4.2% during the 2nd quarter. American Century Companies Inc. now owns 767,436 shares of the company’s stock worth $178,536,000 after purchasing an additional 30,750 shares in the last quarter.

Burlington Stores Stock Performance

NYSE:BURL opened at $301.61 on Tuesday. The company has a market cap of $18.98 billion, a P/E ratio of 31.68, a P/E/G ratio of 1.69 and a beta of 1.73. The firm’s 50 day moving average is $303.47 and its two-hundred day moving average is $283.29. Burlington Stores, Inc. has a fifty-two week low of $212.92 and a fifty-two week high of $332.20. The company has a quick ratio of 0.65, a current ratio of 1.23 and a debt-to-equity ratio of 1.11.

Burlington Stores (NYSE:BURL) last released its quarterly earnings data on Thursday, March 5th. The company reported $4.99 EPS for the quarter, topping analysts’ consensus estimates of $4.70 by $0.29. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The business had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $2.77 billion. During the same period in the prior year, the firm posted $4.07 EPS. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. Analysts expect that Burlington Stores, Inc. will post 7.93 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Guggenheim assumed coverage on shares of Burlington Stores in a report on Tuesday, December 9th. They issued a “neutral” rating on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Burlington Stores in a research note on Wednesday, January 21st. Jefferies Financial Group restated a “buy” rating and set a $370.00 target price on shares of Burlington Stores in a research report on Thursday. Morgan Stanley lowered their target price on shares of Burlington Stores from $330.00 to $310.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Finally, Wells Fargo & Company increased their price target on Burlington Stores from $350.00 to $400.00 and gave the stock an “overweight” rating in a research note on Friday. Fifteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $355.44.

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.