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Burlington Stores Slides After Fresh Downgrade Revives Competition Concerns

Investivoq PriceTracker

Burlington Stores (BURL) is down 3.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be a fresh analyst downgrade that argued investors are underestimating competitive pressure in off-price retail, especially from Ross and a stronger merchandising backdrop at larger rivals. The move also came during a weaker session for equities, which may have added pressure to consumer-discretionary names.

Details:

  • An analyst cut BURL to a more bearish rating with a $240 price target and pointed to intensifying competition across off-price and broader value retail.
  • The note highlighted traffic trends suggesting Ross continues to gain share from Burlington, which can weigh on sentiment even without new company-specific financial results.
  • Burlington has not released new earnings this week; instead, it said third-quarter fiscal 2026 results are scheduled for November 24, 2026.
  • In its last quarterly update, Burlington reported 11% sales growth, 2% comparable-store-sales growth, and raised full-year guidance, but its third-quarter outlook still called for adjusted EBIT margin to decline year over year, leaving room for investor caution.

    • Sources:

    TipRanks, Burlington Stores Investor Relations, SEC, AP News

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $BURL Insider Trading Activity

    BURL Insider Trades

    $BURL insiders have traded $BURL stock on the open market 31 times in the past 6 months. Of those trades, 0 have been purchases and 31 have been sales.

    Here’s a breakdown of recent trading of $BURL stock by insiders over the last 6 months:

    • JENNIFER VECCHIO (Group President and CMO) has made 0 purchases and 25 sales selling 27,632 shares for an estimated $9,146,870.
    • KRISTIN WOLFE (Chief Financial Officer) has made 0 purchases and 3 sales selling 8,200 shares for an estimated $2,789,594.
    • MATTHEW PASCH (Chief Human Resources Officer) sold 3,773 shares for an estimated $1,196,833
    • STEPHEN FERRONI (SVP, Chief Accounting Officer) has made 0 purchases and 2 sales selling 2,343 shares for an estimated $790,110.

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $BURL Hedge Fund Activity

    We have seen 308 institutional investors add shares of $BURL stock to their portfolio, and 382 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM removed 28,830,029 shares (-99.7%) from their portfolio in Q3 2026, for an estimated $7,703,095,448
    • CAPITAL WORLD INVESTORS removed 896,117 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $283,889,865
    • T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 826,445 shares (+48.0%) to their portfolio in Q2 2026, for an estimated $261,817,776
    • JPMORGAN CHASE & CO added 669,688 shares (+10.7%) to their portfolio in Q3 2026, for an estimated $178,933,936
    • CAPITAL INTERNATIONAL INVESTORS removed 512,074 shares (-9.4%) from their portfolio in Q3 2026, for an estimated $136,821,052
    • BARCLAYS PLC added 504,535 shares (+549.0%) to their portfolio in Q3 2026, for an estimated $134,806,706
    • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. removed 431,194 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $115,210,724

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $BURL Analyst Ratings

    Wall Street analysts have issued reports on $BURL in the last several months. We have seen 9 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

    Here are some recent analyst ratings:

    • Wells Fargo issued a "Overweight" rating on 11/13/2026
    • B of A Securities issued a "Buy" rating on 10/27/2026
    • Wolfe Research issued a "Outperform" rating on 10/22/2026
    • Goldman Sachs issued a "Buy" rating on 08/31/2026
    • Bernstein issued a "Outperform" rating on 08/28/2026
    • Morgan Stanley issued a "Overweight" rating on 08/28/2026
    • Evercore ISI Group issued a "Outperform" rating on 08/17/2026

    To track analyst ratings and price targets for $BURL, check out Investivoq's $BURL forecast page.

    $BURL Price Targets

    Multiple analysts have issued price targets for $BURL recently. We have seen 15 analysts offer price targets for $BURL in the last 6 months, with a median target of $355.0.

    Here are some recent targets:

    • Ike Boruchow from Wells Fargo set a target price of $330.0 on 11/13/2026
    • John Kernan from Cantor Fitzgerald set a target price of $270.0 on 11/10/2026
    • Lorraine Hutchinson from B of A Securities set a target price of $344.0 on 10/27/2026
    • Spencer Hanus from Wolfe Research set a target price of $356.0 on 10/22/2026
    • Brooke Roach from Goldman Sachs set a target price of $382.0 on 08/31/2026
    • Krisztina Katai from Deutsche Bank set a target price of $323.0 on 08/31/2026
    • Paul Lejuez from Citigroup set a target price of $318.0 on 08/28/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.