North Dakota State Investment Board Buys New Stake in Burlington Stores, Inc. $BURL

Posted by Francis Steltz on May 22nd, 2026

North Dakota State Investment Board bought a new stake in shares of Burlington Stores, Inc. (NYSE:BURL – Free Report) in the fourth quarter, Holdings Channel reports. The fund bought 2,213 shares of the company’s stock, valued at approximately $639,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Signaturefd LLC lifted its position in Burlington Stores by 4.4% during the fourth quarter. Signaturefd LLC now owns 787 shares of the company’s stock valued at $227,000 after purchasing an additional 33 shares during the period. Fifth Third Bancorp lifted its position in Burlington Stores by 6.4% during the fourth quarter. Fifth Third Bancorp now owns 585 shares of the company’s stock valued at $169,000 after purchasing an additional 35 shares during the period. Vident Advisory LLC lifted its position in Burlington Stores by 1.1% during the second quarter. Vident Advisory LLC now owns 3,330 shares of the company’s stock valued at $775,000 after purchasing an additional 36 shares during the period. Archer Investment Corp lifted its position in Burlington Stores by 6.1% during the third quarter. Archer Investment Corp now owns 640 shares of the company’s stock valued at $163,000 after purchasing an additional 37 shares during the period. Finally, MassMutual Private Wealth & Trust FSB lifted its position in Burlington Stores by 17.8% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 251 shares of the company’s stock valued at $73,000 after purchasing an additional 38 shares during the period.

Insider Buying and Selling at Burlington Stores

In related news, COO Travis Marquette sold 3,759 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief operating officer owned 26,350 shares in the company, valued at $8,636,212.50. This represents a 12.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.30% of the stock is currently owned by company insiders.

Burlington Stores Trading Up 1.9%

Shares of Burlington Stores stock opened at $315.96 on Friday. The firm has a 50-day simple moving average of $317.88 and a two-hundred day simple moving average of $299.61. The company has a market cap of $19.85 billion, a P/E ratio of 33.19, a price-to-earnings-growth ratio of 1.87 and a beta of 1.48. Burlington Stores, Inc. has a fifty-two week low of $218.52 and a fifty-two week high of $351.85. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.65 and a current ratio of 1.23.

Burlington Stores (NYSE:BURL – Get Free Report) last released its earnings results on Thursday, March 5th. The company reported $4.99 EPS for the quarter, topping analysts’ consensus estimates of $4.70 by $0.29. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The business had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $2.77 billion. During the same quarter in the previous year, the company earned $4.07 earnings per share. The company’s quarterly revenue was up 11.3% on a year-over-year basis. 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 predict that Burlington Stores, Inc. will post 11.3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. UBS Group restated a “buy” rating on shares of Burlington Stores in a research report on Tuesday, March 3rd. Telsey Advisory Group restated an “outperform” rating and set a $365.00 target price on shares of Burlington Stores in a research report on Tuesday, March 31st. Barclays upped their price objective on shares of Burlington Stores from $331.00 to $335.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Weiss Ratings upgraded shares of Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. Finally, Citigroup upped their price objective on shares of Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Sixteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $353.00.

Get Our Latest Analysis on BURL

Burlington Stores Company Profile

(Free Report)

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.