Quantinno Capital Management LP Has $37.78 Million Stock Holdings in Burlington Stores, Inc. $BURL

Quantinno Capital Management LP increased its position in Burlington Stores, Inc. (NYSE:BURL) by 625.5% during the first quarter, Holdings Channel reports. The firm owned 116,118 shares of the company’s stock after buying an additional 100,112 shares during the quarter. Quantinno Capital Management LP’s holdings in Burlington Stores were worth $37,783,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. OMERS ADMINISTRATION Corp grew its holdings in Burlington Stores by 25.5% during the first quarter. OMERS ADMINISTRATION Corp now owns 3,391 shares of the company’s stock worth $1,103,000 after purchasing an additional 689 shares during the period. Waverly Advisors LLC raised its stake in Burlington Stores by 3.0% in the first quarter. Waverly Advisors LLC now owns 31,109 shares of the company’s stock valued at $10,122,000 after buying an additional 910 shares during the period. Wealth Alliance LLC bought a new stake in Burlington Stores in the first quarter valued at approximately $238,000. Compound Planning Inc. raised its stake in Burlington Stores by 22.2% in the first quarter. Compound Planning Inc. now owns 2,063 shares of the company’s stock valued at $671,000 after buying an additional 375 shares during the period. Finally, NewEdge Wealth LLC lifted its position in shares of Burlington Stores by 22.7% in the first quarter. NewEdge Wealth LLC now owns 1,119 shares of the company’s stock valued at $364,000 after buying an additional 207 shares during the last quarter.

Burlington Stores Price Performance

Burlington Stores stock opened at $372.27 on Friday. Burlington Stores, Inc. has a 12 month low of $240.49 and a 12 month high of $378.33. The stock’s 50 day moving average is $332.10 and its 200-day moving average is $318.85. The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 1.03. The company has a market capitalization of $23.43 billion, a price-to-earnings ratio of 38.26, a PEG ratio of 2.00 and a beta of 1.46.

Burlington Stores (NYSE:BURL) last announced its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, topping 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 quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.60 earnings per share. 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. Equities research analysts expect that Burlington Stores, Inc. will post 11.71 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently commented on BURL. Bank of America lifted their target price on Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Wells Fargo & Company dropped their price target on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. UBS Group reaffirmed a “buy” rating and set a $435.00 price target on shares of Burlington Stores in a report on Friday, May 29th. Weiss Ratings cut shares of Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 23rd. Finally, Barclays upped their price objective on shares of Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Fourteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $353.56.

Insider Buying and Selling at Burlington Stores

In other news, CAO Stephen Ferroni sold 2,343 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $337.22, for a total value of $790,106.46. Following the completion of the sale, the chief accounting officer owned 1,391 shares of the company’s stock, valued at approximately $469,073.02. The trade was a 62.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Matthew Pasch sold 3,773 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the completion of the transaction, the insider owned 6,523 shares in the company, valued at $2,069,160.83. This trade represents a 36.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 28,714 shares of company stock valued at $9,661,022 in the last ninety days. 1.30% of the stock is currently owned by corporate insiders.

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.