Burlington Stores (NYSE:BURL) Price Target Lowered to $375.00 at Wells Fargo & Company

Burlington Stores (NYSE:BURL) had its price target lowered by research analysts at Wells Fargo & Company from $400.00 to $375.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective indicates a potential upside of 19.42% from the company’s current price.

BURL has been the subject of a number of other research reports. Evercore reaffirmed an “outperform” rating and set a $375.00 target price on shares of Burlington Stores in a report on Thursday, March 5th. Barclays lifted their target price on Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a report on Tuesday. UBS Group reaffirmed a “buy” rating on shares of Burlington Stores in a report on Friday. Jefferies Financial Group reaffirmed a “buy” rating and set a $370.00 target price on shares of Burlington Stores in a report on Thursday, March 5th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $365.00 price target on shares of Burlington Stores in a research report on Tuesday, March 31st. Sixteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Burlington Stores has a consensus rating of “Moderate Buy” and a consensus target price of $356.29.

Burlington Stores Stock Performance

BURL traded up $13.50 during trading hours on Friday, hitting $314.02. The stock had a trading volume of 411,737 shares, compared to its average volume of 808,993. The company’s fifty day simple moving average is $319.83 and its 200 day simple moving average is $301.24. Burlington Stores has a 1 year low of $218.52 and a 1 year high of $351.85. The stock has a market cap of $19.73 billion, a PE ratio of 32.83, a price-to-earnings-growth ratio of 1.97 and a beta of 1.48. The company has a quick ratio of 0.65, a current ratio of 1.23 and a debt-to-equity ratio of 1.11.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings data on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.24. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The company had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.80 billion. During the same quarter last year, the firm posted $1.67 EPS. The firm’s revenue for the quarter was up 14.1% on a year-over-year basis. 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 analysts anticipate that Burlington Stores will post 11.3 earnings per share for the current year.

Insiders Place Their Bets

In related news, COO Travis Marquette sold 3,759 shares of the business’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total value of $1,232,012.25. Following the completion of the sale, the chief operating officer owned 26,350 shares in the company, valued at $8,636,212.50. The trade was a 12.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.30% of the stock is owned by insiders.

Institutional Trading of Burlington Stores

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in Burlington Stores by 3.5% in the third quarter. Vanguard Group Inc. now owns 6,782,201 shares of the company’s stock valued at $1,726,070,000 after purchasing an additional 232,358 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its position in Burlington Stores by 15.8% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company’s stock valued at $817,122,000 after purchasing an additional 386,615 shares during the last quarter. State Street Corp lifted its position in Burlington Stores by 1.2% in the third quarter. State Street Corp now owns 2,184,171 shares of the company’s stock valued at $555,872,000 after purchasing an additional 26,529 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Burlington Stores by 303,059.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock valued at $552,552,000 after purchasing an additional 1,912,305 shares during the last quarter. Finally, Alyeska Investment Group L.P. lifted its position in Burlington Stores by 103.5% in the fourth quarter. Alyeska Investment Group L.P. now owns 1,285,336 shares of the company’s stock valued at $371,269,000 after purchasing an additional 653,718 shares during the last quarter.

Burlington Stores News Roundup

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: First-quarter results beat expectations on both earnings and revenue, showing continued momentum in Burlington’s off-price business.
• Positive Sentiment: Management raised second-quarter and full-year profit guidance, which typically supports the stock by improving visibility into future performance.
• Positive Sentiment: Strong consumer demand for value-priced retail appears to be helping Burlington gain from inflation-sensitive shoppers.
• Neutral Sentiment: The company outlined plans for 115 net new stores in 2026, indicating growth potential but also ongoing execution and capital needs.
• Negative Sentiment: Some trading commentary noted unusual put-option buying and a selloff despite the beat, suggesting investors may be cautious about valuation or near-term expectations.

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.