Ontario Teachers Pension Plan Board Takes Position in Burlington Stores, Inc. $BURL

Ontario Teachers Pension Plan Board acquired a new position in shares of Burlington Stores, Inc. (NYSE:BURL) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 106,954 shares of the company’s stock, valued at approximately $33,883,000.

Several other institutional investors have also recently modified their holdings of BURL. JPL Wealth Management LLC purchased a new stake in Burlington Stores in the 3rd quarter valued at approximately $28,000. Harbour Investments Inc. increased its position in Burlington Stores by 44.7% during the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after buying an additional 34 shares in the last quarter. Reflection Asset Management purchased a new position in Burlington Stores during the fourth quarter worth $34,000. Larson Financial Group LLC raised its holdings in shares of Burlington Stores by 180.0% in the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock worth $36,000 after acquiring an additional 81 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings 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 acquiring an additional 113 shares during the last quarter.

Burlington Stores Stock Performance

Shares of BURL stock opened at $336.61 on Wednesday. Burlington Stores, Inc. has a one year low of $240.49 and a one year high of $378.33. 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 company has a 50 day moving average price of $342.23 and a 200 day moving average price of $324.17. The firm has a market capitalization of $21.19 billion, a price-to-earnings ratio of 34.60, a price-to-earnings-growth ratio of 1.87 and a beta of 1.44.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings results 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. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The company had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same quarter last year, the business earned $1.60 EPS. Burlington Stores’s revenue for the quarter was up 14.1% on a year-over-year basis. 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. Sell-side analysts anticipate that Burlington Stores, Inc. will post 11.74 EPS for the current year.

Insider Activity at Burlington Stores

In related news, CMO Jennifer Vecchio sold 20,920 shares of Burlington Stores stock in a transaction on Friday, June 12th. The stock was sold at an average price of $341.53, for a total value of $7,144,807.60. Following the transaction, the chief marketing officer owned 81,017 shares in the company, valued at approximately $27,669,736.01. This trade represents a 20.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Matthew Pasch sold 3,773 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $317.21, for a total value of $1,196,833.33. Following the sale, the insider directly owned 6,523 shares of the company’s stock, valued at approximately $2,069,160.83. This trade represents a 36.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 30,392 shares of company stock worth $10,280,271. 1.30% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on BURL shares. Wells Fargo & Company reduced their price objective on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Truist Financial boosted their target price on shares of Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a research note on Thursday, May 28th. UBS Group upped their target price on shares of Burlington Stores from $435.00 to $440.00 and gave the company a “buy” rating in a report on Monday. Weiss Ratings cut shares of Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 23rd. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Burlington Stores in a research note on Thursday, August 6th. Thirteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $371.50.

About Burlington Stores

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.