Waverly Advisors 13F: Adds $288K to BURL Stake

Waverly Advisors Adds to Burlington Position

Waverly Advisors lifted its investment in Burlington Stores, Inc. BURL during the period ended May 15, 2026, according to a Form 13F filing with the U.S. Securities and Exchange Commission. The filing reflects holdings as of that reporting date and may not represent the investor's current position.

Position Details and Share Change

The firm grew its stake by a 3.0% increase, buying 910.0 more shares to bring its total holdings to 31109.0 shares. That follows a prior count of 30199.0 shares. The reported value of the position reached approximately $9.86 million based on filing data.

Burlington Stock Performance and Valuation

The shares trade near the middle of their 52-week range, supported by a P/E ratio of 22.643885. The company has a forward P/E of 18.500776 and a market capitalization of roughly $15.85 billion. Shares move around the 50-day moving average of $316.37.

Insider Buying and Selling at Burlington Stores, Inc.

William Mcnamara disposed of 6,048.0 shares on June 22, 2026, at a recorded price of $0.0 per share for a total value of $0.0. Insider transactions reflect individual decisions by officers and directors and do not necessarily indicate broader company trends.

Analysts Set New Price Targets

Wall Street firms updated their outlooks on the apparel retailer through late August 2026. Goldman Sachs maintained its Buy rating on August 31, 2026, while adjusting its target to $382.00 from $394.00. Deutsche Bank kept a Hold rating on August 31, 2026, setting a target of $323.00. Citigroup maintained a Neutral rating on August 28, 2026, with a $318.00 target, and Bernstein kept an Outperform rating on August 28, 2026, with a target of $355.00. Morgan Stanley held an Overweight rating on August 28, 2026, at a $432.00 target. Evercore ISI Group kept an Outperform rating on August 17, 2026, moving its target to $400.00. UBS maintained a Buy rating on August 17, 2026, with a $440.00 target, and Jefferies kept a Buy rating on August 14, 2026, with a target of $410.00. Overall, the stock holds a consensus buy rating from 16 analysts with a mean price target of $364.75.

Inside the Retailer's Operations

Burlington Stores, Inc. operates off-price retail stores offering apparel, footwear, accessories, and home goods across the United States and Puerto Rico. The retailer focuses on discounted branded merchandise to appeal to value-conscious shoppers.

What to Watch at Burlington Stores, Inc.

Investors will look toward the company's next earnings release scheduled for November 27, 2026, for further financial updates. Future Form 13F filings will show whether institutional investors like Waverly Advisors continue adjusting their stakes.