Lisanti Capital Growth LLC Buys New Position in Burlington Stores, Inc. $BURL

Lisanti Capital Growth LLC bought a new position in shares of Burlington Stores, Inc. (NYSE:BURL) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,940 shares of the company’s stock, valued at approximately $1,565,000.

Several other large investors have also recently bought and sold shares of BURL. JPL Wealth Management LLC bought a new stake in shares of Burlington Stores in the 3rd quarter worth approximately $28,000. Harbour Investments Inc. raised its stake in shares of Burlington Stores by 44.7% in the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after purchasing an additional 34 shares in the last quarter. Reflection Asset Management acquired a new position in shares of Burlington Stores in the fourth quarter valued at $34,000. Larson Financial Group LLC lifted its position in 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 purchasing an additional 81 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in 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 purchasing an additional 113 shares during the period.

Burlington Stores Stock Up 0.1%

Shares of NYSE BURL opened at $337.41 on Thursday. Burlington Stores, Inc. has a 12-month low of $240.49 and a 12-month high of $378.33. The firm’s 50-day simple moving average is $342.42 and its 200 day simple moving average is $324.49. The company has a quick ratio of 0.49, a current ratio of 1.16 and a debt-to-equity ratio of 1.03. The company has a market cap of $21.24 billion, a price-to-earnings ratio of 34.68, a price-to-earnings-growth ratio of 1.81 and a beta of 1.44.

Burlington Stores (NYSE:BURL) last issued 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. The business had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. Burlington Stores’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter last year, the business posted $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. On average, research analysts expect that Burlington Stores, Inc. will post 11.74 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently commented on BURL shares. Morgan Stanley reaffirmed an “overweight” rating on shares of Burlington Stores in a report on Thursday, August 6th. Wells Fargo & Company lowered their target price on shares of Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. Evercore reissued an “outperform” rating and issued a $400.00 price target on shares of Burlington Stores in a research report on Monday. Barclays raised their price target on shares of Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Finally, Bank of America upped their price objective on Burlington Stores from $367.00 to $375.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Thirteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $371.50.

Insider Buying and Selling

In other news, CAO Stephen Ferroni sold 2,343 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $337.22, for a total transaction of $790,106.46. Following the completion of the transaction, the chief accounting officer directly owned 1,391 shares in the company, valued at approximately $469,073.02. The trade was a 62.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CMO Jennifer Vecchio sold 1,678 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $369.04, for a total transaction of $619,249.12. Following the transaction, the chief marketing officer owned 77,661 shares of the company’s stock, valued at approximately $28,660,015.44. This represents a 2.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 30,392 shares of company stock valued at $10,280,271 over the last three months. Company insiders own 1.30% 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.