Alkeon Capital Management Adds $6M in Burlington Stores, Inc. ($BURL)

Key Points

  • Alkeon Capital Management changed its Burlington Stores, Inc. ($BURL) stake by 3.81% last quarter, boosting to 545,000 shares worth $172.66 million.
  • Wall Street's consensus rating on $BURL is Buy and an average price target of $364.75.
  • $BURL last traded around $316.80.

Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.

Alkeon Capital Management increased its position in Burlington Stores, Inc. ($BURL) by 3.81% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 545,000 shares of Burlington Stores, Inc. after buying 20,000 shares during the quarter. Alkeon Capital Management's holdings in Burlington Stores, Inc. were worth $172.66 million as of its most recent filing.

Burlington Stores, Inc. Stock Up 16.1%

Shares of Burlington Stores, Inc. ($BURL) traded around $316.80 on Saturday, up 16.1% for the day.

Last price$316.80
Market cap$16.35B
P/E ratio24.51
Forward P/E19.09
PEG ratio0.92
Beta1.47
52-week low$240.49
52-week high$378.33
50-day MA$337.89
200-day MA$312.73
Current ratio1.17
Quick ratio0.38
Debt-to-equity2.95

Burlington Stores, Inc. Earnings

EPS (ttm)$10.60
Revenue (ttm)$12.21B
Revenue growth11%
Net margin5.85%
Return on equity41.41%
Next earningsNov 27, 2026

Analysts Set New Price Targets

ConsensusBuy
Average target$364.75
High target$440
Low target$290
Analysts covering16

About Burlington Stores, Inc.

Burlington Stores, Inc. operates as a retailer of branded merchandise in the United States and Puerto Rico. The company offers fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, home furnishings, toys, gifts, and coats, as well as baby and beauty merchandise products. It operates stores under the Burlington Stores, and Cohoes Fashions brands in Washington D.C. and Puerto Rico. The company was founded in 1972 and is headquartered in Burlington, New Jersey.

ExchangeNYSE
SectorConsumer Cyclical
IndustryApparel Retail
HeadquartersBurlington, NJ
CEOMr. Michael B. O'Sullivan
Employees17,495

Get Burlington Stores, Inc. alerts

New 13F filings, insider trades, and analyst moves on $BURL, sent to your inbox. Free, and you can unsubscribe anytime.

This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.