Burlington Stores, Inc. $BURL Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lessened its position in shares of Burlington Stores, Inc. (NYSE:BURL) by 5.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 292,320 shares of the company’s stock after selling 16,096 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.46% of Burlington Stores worth $87,225,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Massachusetts Financial Services Co. MA lifted its stake in shares of Burlington Stores by 6.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 945,554 shares of the company’s stock valued at $240,643,000 after purchasing an additional 59,587 shares during the period. Oak Thistle LLC acquired a new position in Burlington Stores in the 3rd quarter worth about $1,932,000. Hudson Bay Capital Management LP purchased a new stake in Burlington Stores in the 3rd quarter worth $4,142,000. Vanguard Group Inc. increased its holdings in Burlington Stores by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock worth $1,726,070,000 after acquiring an additional 232,358 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new position in Burlington Stores during the third quarter worth $1,033,000.

Burlington Stores Stock Performance

NYSE:BURL opened at $325.82 on Wednesday. The company’s 50-day moving average is $306.19 and its two-hundred day moving average is $286.14. Burlington Stores, Inc. has a 1-year low of $212.92 and a 1-year high of $332.20. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.23 and a quick ratio of 0.65. The firm has a market capitalization of $20.43 billion, a price-to-earnings ratio of 34.22, a PEG ratio of 1.89 and a beta of 1.73.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings results on Thursday, March 5th. The company reported $4.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.70 by $0.29. The business had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $2.77 billion. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The business’s revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the firm earned $4.07 EPS. 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 forecast that Burlington Stores, Inc. will post 7.93 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. UBS Group reiterated a “buy” rating on shares of Burlington Stores in a research report on Tuesday, March 3rd. Citigroup upped their price target on shares of Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $370.00 price target on shares of Burlington Stores in a research note on Thursday, March 5th. Wells Fargo & Company lifted their price objective on Burlington Stores from $350.00 to $400.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Finally, Robert W. Baird boosted their price objective on Burlington Stores from $345.00 to $375.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Sixteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $355.44.

Insider Activity

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of Burlington Stores stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the completion of the sale, the chief operating officer directly owned 26,350 shares in the company, valued at $8,636,212.50. This trade represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.10% of the company’s stock.

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.