Man Group plc Buys Shares of 36,988 Burlington Stores, Inc. $BURL

29 Aug 2026, 09:39 by Kim Johansen · The Markets Daily

Man Group plc bought a new stake in shares of Burlington Stores, Inc. (NYSE:BURL – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 36,988 shares of the company’s stock, valued at approximately $11,718,000. Man Group plc owned about 0.06% of Burlington Stores at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Burlington Stores by 14.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock worth $72,000 after buying an additional 38 shares during the period. Jones Financial Companies Lllp grew its position in shares of Burlington Stores by 1,604.7% during the first quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock worth $345,000 after acquiring an additional 1,364 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Burlington Stores by 91.8% during the second quarter. EverSource Wealth Advisors LLC now owns 698 shares of the company’s stock worth $162,000 after acquiring an additional 334 shares during the last quarter. Daiwa Securities Group Inc. increased its holdings in shares of Burlington Stores by 12.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 7,459 shares of the company’s stock worth $1,735,000 after acquiring an additional 821 shares during the period. Finally, AXA S.A. increased its holdings in shares of Burlington Stores by 1,033.2% in the 2nd quarter. AXA S.A. now owns 10,754 shares of the company’s stock worth $2,502,000 after acquiring an additional 9,805 shares during the period.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Morgan Stanley decreased their target price on shares of Burlington Stores from $438.00 to $432.00 and set an “overweight” rating for the company in a research report on Friday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $323.00 price target on shares of Burlington Stores in a report on Friday. Jefferies Financial Group boosted their price objective on Burlington Stores from $365.00 to $410.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Weiss Ratings raised Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday. Finally, UBS Group raised their target price on Burlington Stores from $435.00 to $440.00 and gave the company a “buy” rating in a research report on Monday, August 17th. Thirteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $367.56.

Read Our Latest Stock Report on BURL

Insider Activity

In other news, CMO Jennifer Vecchio sold 20,920 shares of Burlington Stores stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $341.53, for a total value of $7,144,807.60. Following the transaction, the chief marketing officer owned 81,017 shares of the company’s stock, valued at $27,669,736.01. The trade was a 20.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Matthew Pasch sold 3,773 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the completion of the sale, the insider owned 6,523 shares in the company, valued at $2,069,160.83. The trade was a 36.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 30,392 shares of company stock worth $10,280,271. Corporate insiders own 1.30% of the company’s stock.

Burlington Stores News Summary

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

Positive Sentiment: Second-quarter adjusted EPS reached $2.96, well above the roughly $2.18–$2.19 analyst consensus and up substantially from the prior year. Revenue increased 11% year over year to approximately $3.0 billion, while operating-margin expansion supported the company’s 15th consecutive quarter of double-digit EPS growth. Burlington Stores Reports Strong Second Quarter Sales and Earnings Growth
Positive Sentiment: Burlington raised its fiscal 2026 adjusted EPS outlook to $11.77–$11.97, above the prior consensus of about $11.23, and expects revenue of $12.7–$12.8 billion. The retailer also plans to use tariff refunds to lower prices, potentially supporting customer traffic and value perception. Burlington Stores Plans to Use Tariff Refunds to Lower Prices
Neutral Sentiment: The company is pursuing aggressive expansion, with reports of 20 new stores opening across 12 states in September. Store growth can increase long-term sales, though it also raises execution and investment requirements. Burlington Expansion Bringing New Stores to 12 States
Negative Sentiment: Second-quarter revenue of about $3.0 billion fell short of the $3.03 billion consensus, and comparable-store sales grew only 2%, slowing from 5% a year earlier. The deceleration raised concerns about underlying demand despite the earnings beat. BURL Shares Slide Despite Q2 Earnings Beat
Negative Sentiment: Fiscal third-quarter EPS guidance of $1.60–$1.70 is materially below the approximately $2.04 analyst consensus. Reports also cited tariff-related costs and a weaker-than-expected near-term forecast as reasons for the market reaction.
Negative Sentiment: Citigroup cut its price target from $380 to $318 and moved to a neutral rating. Morgan Stanley also reduced its target modestly, from $438 to $432, although it maintained an overweight rating. Analyst Price Target Updates

Burlington Stores Trading Down 5.8%

Shares of Burlington Stores stock opened at $273.25 on Friday. The business has a fifty day simple moving average of $339.01 and a 200-day simple moving average of $324.84. Burlington Stores, Inc. has a fifty-two week low of $240.49 and a fifty-two week high of $378.33. The firm has a market cap of $17.20 billion, a price-to-earnings ratio of 24.53, a price-to-earnings-growth ratio of 1.55 and a beta of 1.44. The company has a quick ratio of 0.49, a current ratio of 1.17 and a debt-to-equity ratio of 0.95.

Burlington Stores (NYSE:BURL – Get Free Report) last released its earnings results on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.19 by $0.77. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $3.03 billion. During the same period in the previous year, the company earned $1.72 earnings per share. Burlington Stores’s revenue was up 11.0% compared to the same quarter last year. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. On average, equities analysts forecast that Burlington Stores, Inc. will post 11.74 EPS for the current fiscal year.

Burlington Stores 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.