Vaughan Nelson Investment Management, L.P. Adds $36M in Burlington Stores, Inc. ($BURL)

Vaughan Nelson Investment Management, L.P. has boosted its stake in Burlington Stores, Inc. (NYSE: BURL) by 44.7%. The fund added 105,942 shares during the reporting period, bringing its total holdings to 342,741 shares. This position is now valued at approximately $116 million, as per the latest Form 13F filing with the SEC.

What Changed in Vaughan Nelson's Burlington Stores Position

Vaughan Nelson's increase in Burlington Stores shares reflects a substantial vote of confidence in the retailer. Prior to the change, the fund held 236,799 shares. With the addition of 105,942 shares, its stake grew by 44.7% to a total of 342,741 shares, valued at about $116 million.

Other Institutional Activity in Burlington Stores

BlackRock, Inc. also increased its holdings in Burlington Stores, adding 129,502 shares to end with 6,535,036 shares valued at approximately $2.13 billion. Conversely, JPMorgan Chase & Co reduced its position by 337,044 shares, leaving it with 6,506,055 shares worth around $2.03 billion. Capital International Investors made a significant reduction, cutting 2,309,021 shares to hold 6,168,785 shares valued at $2 billion. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both entered positions, with holdings of 3,028,254 shares and 2,811,340 shares, valued at $985.3 million and $914.8 million, respectively.

Burlington Stores Stock Snapshot

Shares of Burlington Stores (NYSE: BURL) traded near $338.45. The company's market capitalization stands at approximately $21.3 billion. Burlington has a P/E ratio of 34.9 and a forward P/E of 24.6. The stock's 52-week range is between $218.52 and $351.85, with a 50-day moving average of $320.78 and a 200-day moving average of $295.02. The company has a beta of 1.461, indicating higher volatility compared to the market.

Recent Earnings

Burlington Stores reported revenue of $11.9 billion, reflecting growth of 14.1%. The company's earnings per share (EPS) is $9.71, with a net margin of 5.2% and a return on equity (ROE) of 39.1%. The next earnings report is expected on May 28, 2026.

Insider Buying and Selling at Burlington Stores, Inc.

Recent insider activity at Burlington Stores included sales by Chief Human Resources Officer Matthew Pasch, who sold 3,773 shares at an average price of $317.21 on June 5, 2026. Meanwhile, on May 20, 2026, insiders including Shira Goodman, Jordan Hitch, Laura Sen, Jessica Rodriguez, and Edmond English each acquired 596 shares.

Analysts Set New Price Targets

On May 29, 2026, B of A Securities maintained a 'buy' rating for Burlington Stores with a price target of $375. Truist Securities kept a 'hold' rating with a $310 target, while JP Morgan reiterated its 'buy' rating with a $351 target. Wells Fargo also maintained a 'buy' rating, setting a target at $375. Barclays, on May 26, set a 'buy' target of $411.

About Burlington Stores

Burlington Stores, Inc. operates as a retailer of branded merchandise in the United States and Puerto Rico. The company offers a wide range of fashion-focused products, including women's and men's apparel, footwear, accessories, home furnishings, and beauty products. Founded in 1972, the company is headquartered in Burlington, New Jersey, and is led by CEO Michael B. O'Sullivan. Burlington employs about 17,495 people and operates under the Burlington Stores and Cohoes Fashions brands.

Bottom Line

Vaughan Nelson's decision to increase its stake in Burlington Stores signals strong confidence in the apparel retailer's prospects. While the 13F filing provides a snapshot of past holdings, it may not reflect current positions. Investors often track these filings to gauge institutional sentiment, but they should consider other factors and research before making investment decisions.