Burlington Stores, Inc. $BURL Shares Bought by TD Asset Management Inc

TD Asset Management Inc increased its holdings in Burlington Stores, Inc. (NYSE:BURL) by 11.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 198,405 shares of the company’s stock after buying an additional 20,569 shares during the quarter. TD Asset Management Inc owned about 0.32% of Burlington Stores worth $57,309,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of BURL. Stone House Investment Management LLC acquired a new stake in shares of Burlington Stores during the 4th quarter worth approximately $25,000. Harbour Investments Inc. grew its stake in shares of Burlington Stores by 44.7% during the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after purchasing an additional 34 shares during the period. JPL Wealth Management LLC acquired a new stake in shares of Burlington Stores during the 3rd quarter worth approximately $28,000. Larson Financial Group LLC grew its stake in shares of Burlington Stores by 180.0% during the 4th quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock worth $36,000 after purchasing an additional 81 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in shares of Burlington Stores by 235.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after buying an additional 113 shares in the last quarter.

Burlington Stores Trading Down 1.5%

Shares of BURL stock opened at $317.03 on Friday. The stock’s fifty day moving average is $320.47 and its two-hundred day moving average is $302.69. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.49 and a current ratio of 1.16. The firm has a market capitalization of $19.95 billion, a P/E ratio of 32.58, a PEG ratio of 1.74 and a beta of 1.46. Burlington Stores, Inc. has a fifty-two week low of $218.52 and a fifty-two week high of $351.85.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings data on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. The company had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The firm’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.60 EPS. 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 11.7 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Evercore reiterated an “outperform” rating and set a $375.00 target price on shares of Burlington Stores in a research report on Thursday, March 5th. Truist Financial increased their target price on Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. UBS Group reiterated a “buy” rating and set a $435.00 target price on shares of Burlington Stores in a research report on Friday, May 29th. Wall Street Zen upgraded Burlington Stores from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. Finally, Barclays increased their target price on Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. Fifteen 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, Burlington Stores presently has an average rating of “Moderate Buy” and an average price target of $353.56.

Insiders Place Their Bets

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of the firm’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total value of $1,232,012.25. Following the transaction, the chief operating officer owned 26,350 shares in the company, valued at approximately $8,636,212.50. This trade represents a 12.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.30% of the company’s stock.

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.