Cinctive Capital Management LP Trims Stock Holdings in Burlington Stores, Inc. $BURL

Cinctive Capital Management LP decreased its position in Burlington Stores, Inc. (NYSE:BURL) by 68.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,500 shares of the company’s stock after selling 27,182 shares during the quarter. Cinctive Capital Management LP’s holdings in Burlington Stores were worth $3,181,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. First Horizon Corp purchased a new stake in shares of Burlington Stores in the 3rd quarter worth about $25,000. Root Financial Partners LLC purchased a new position in Burlington Stores during the 3rd quarter valued at about $30,000. Mather Group LLC. bought a new stake in Burlington Stores during the third quarter worth about $36,000. Geneos Wealth Management Inc. boosted its stake in Burlington Stores by 235.4% during the second quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock worth $37,000 after acquiring an additional 113 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in Burlington Stores by 38.2% in the third quarter. Jones Financial Companies Lllp now owns 170 shares of the company’s stock worth $45,000 after purchasing an additional 47 shares during the period.

Burlington Stores Price Performance

Shares of BURL opened at $296.45 on Monday. Burlington Stores, Inc. has a twelve month low of $212.92 and a twelve month high of $332.20. The company has a market capitalization of $18.66 billion, a P/E ratio of 31.14, a price-to-earnings-growth ratio of 1.80 and a beta of 1.73. The firm has a 50 day moving average of $304.18 and a 200 day moving average of $283.84. 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 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $2.77 billion. During the same period in the prior year, the firm posted $4.07 EPS. The firm’s quarterly revenue 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. As a group, equities research analysts anticipate that Burlington Stores, Inc. will post 7.93 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BURL. TD Cowen reaffirmed a “buy” rating on shares of Burlington Stores in a research note on Wednesday, November 26th. Telsey Advisory Group reissued an “outperform” rating and issued a $365.00 price target (up from $350.00) on shares of Burlington Stores in a research report on Monday, March 2nd. UBS Group restated a “buy” rating on shares of Burlington Stores in a research note on Tuesday, March 3rd. Robert W. Baird raised their price objective on Burlington Stores from $345.00 to $375.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. Finally, Wells Fargo & Company lifted their price objective on Burlington Stores from $350.00 to $400.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Fifteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $355.44.

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.