Burlington Stores, Inc. $BURL Shares Sold by Peregrine Capital Management LLC

Peregrine Capital Management LLC lessened its stake in Burlington Stores, Inc. (NYSE:BURL) by 3.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,983 shares of the company’s stock after selling 1,710 shares during the period. Peregrine Capital Management LLC owned 0.07% of Burlington Stores worth $13,282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in BURL. First Horizon Corp acquired a new position in Burlington Stores during the third quarter worth approximately $25,000. Stone House Investment Management LLC purchased a new position in shares of Burlington Stores during the fourth quarter worth approximately $25,000. JPL Wealth Management LLC purchased a new position in shares of Burlington Stores during the third quarter worth approximately $28,000. Root Financial Partners LLC acquired a new position in shares of Burlington Stores in the 3rd quarter valued at $30,000. Finally, Mather Group LLC. acquired a new position in shares of Burlington Stores in the 3rd quarter valued at $36,000.

Insider Activity

In related news, COO Travis Marquette sold 3,759 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.30% of the company’s stock.

Burlington Stores Price Performance

BURL traded up $1.11 during midday trading on Thursday, reaching $338.13. 12,829 shares of the company’s stock were exchanged, compared to its average volume of 798,280. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.23 and a quick ratio of 0.65. Burlington Stores, Inc. has a 1-year low of $214.02 and a 1-year high of $351.85. The stock has a market capitalization of $21.24 billion, a PE ratio of 35.44, a P/E/G ratio of 2.07 and a beta of 1.62. The business’s 50-day moving average price is $317.59 and its 200 day moving average price is $294.37.

Burlington Stores (NYSE:BURL) last announced its earnings results on Thursday, March 5th. The company reported $4.99 EPS for the quarter, beating analysts’ consensus estimates of $4.70 by $0.29. The firm had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $2.77 billion. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.Burlington Stores’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.07 EPS. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. As a group, equities analysts anticipate that Burlington Stores, Inc. will post 11.27 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

BURL has been the topic of several research reports. Jefferies Financial Group reissued a “buy” rating and set a $370.00 price objective on shares of Burlington Stores in a research report on Thursday, March 5th. Robert W. Baird increased their target price on shares of Burlington Stores from $345.00 to $375.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Wells Fargo & Company raised their price target on Burlington Stores from $350.00 to $400.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Citigroup upped their price objective on Burlington Stores from $351.00 to $380.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Burlington Stores from $356.00 to $365.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Sixteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Burlington Stores has an average rating of “Moderate Buy” and an average target price of $355.44.

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.