Ontario Teachers Pension Plan Board Acquires Shares of 131,251 Burlington Stores, Inc. $BURL

Ontario Teachers Pension Plan Board bought a new position in shares of Burlington Stores, Inc. (NYSE:BURL) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 131,251 shares of the company’s stock, valued at approximately $33,403,000. Burlington Stores makes up 0.7% of Ontario Teachers Pension Plan Board’s investment portfolio, making the stock its 24th largest holding. Ontario Teachers Pension Plan Board owned about 0.21% of Burlington Stores at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. First Horizon Corp acquired a new stake in Burlington Stores during the third quarter worth approximately $25,000. Root Financial Partners LLC acquired a new stake in shares of Burlington Stores during the 3rd quarter worth $30,000. Mather Group LLC. bought a new position in shares of Burlington Stores in the third quarter worth $36,000. Geneos Wealth Management Inc. raised its stake in Burlington Stores by 235.4% in the second quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after purchasing an additional 113 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in Burlington Stores by 38.2% during the third quarter. Jones Financial Companies Lllp now owns 170 shares of the company’s stock worth $45,000 after purchasing an additional 47 shares during the period.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on BURL shares. Morgan Stanley reduced their price objective on shares of Burlington Stores from $330.00 to $310.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Evercore cut their price target on shares of Burlington Stores from $370.00 to $335.00 and set an “outperform” rating for the company in a report on Wednesday, November 26th. Telsey Advisory Group reissued an “outperform” rating and issued a $350.00 price objective on shares of Burlington Stores in a research note on Tuesday, November 25th. Wells Fargo & Company lowered their price objective on shares of Burlington Stores from $330.00 to $315.00 and set an “overweight” rating for the company in a research report on Monday, October 27th. Finally, JPMorgan Chase & Co. cut their target price on Burlington Stores from $346.00 to $316.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Fifteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Burlington Stores currently has a consensus rating of “Moderate Buy” and an average target price of $335.94.

Burlington Stores Price Performance

BURL stock opened at $310.82 on Thursday. The company has a 50 day simple moving average of $295.46 and a 200 day simple moving average of $280.59. The stock has a market cap of $19.56 billion, a price-to-earnings ratio of 35.73, a P/E/G ratio of 1.70 and a beta of 1.74. 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 1.32, a current ratio of 1.21 and a quick ratio of 0.46.

Burlington Stores (NYSE:BURL) last issued its earnings results on Tuesday, November 25th. The company reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.59 by $0.09. The firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.74 billion. Burlington Stores had a net margin of 5.01% and a return on equity of 41.02%. The company’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the business posted $1.55 earnings per share. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS and its FY 2025 guidance at 9.690-9.890 EPS. Research analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

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.