Caisse DE Depot ET Placement DU Quebec Acquires New Holdings in Burlington Stores, Inc. $BURL

Key Points

• Caisse DE Depot ET Placement DU Quebec has acquired a new position in Burlington Stores, Inc. by purchasing 4,158 shares valued at approximately $991,000 during the first quarter.
• Analysts are optimistic about Burlington Stores, with the stock receiving multiple "buy" ratings and a consensus target price averaging $340.71.
• Burlington Stores reported a 9.7% year-over-year revenue increase, with a recent quarterly earnings per share (EPS) of $1.59, exceeding estimates by $0.32.

Caisse DE Depot ET Placement DU Quebec purchased a new position in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,158 shares of the company's stock, valued at approximately $991,000.

A number of other hedge funds have also made changes to their positions in BURL. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Burlington Stores by 55.6% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 671,999 shares of the company's stock worth $191,560,000 after buying an additional 240,144 shares in the last quarter. Steadfast Capital Management LP acquired a new stake in shares of Burlington Stores during the fourth quarter worth approximately $67,075,000. Vanguard Group Inc. grew its position in shares of Burlington Stores by 3.4% during the first quarter. Vanguard Group Inc. now owns 6,603,257 shares of the company's stock worth $1,573,754,000 after buying an additional 219,124 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Burlington Stores by 23,496.5% during the first quarter. GAMMA Investing LLC now owns 214,020 shares of the company's stock worth $51,007,000 after buying an additional 213,113 shares in the last quarter. Finally, Alyeska Investment Group L.P. grew its position in shares of Burlington Stores by 23.1% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,051,611 shares of the company's stock worth $299,772,000 after buying an additional 197,187 shares in the last quarter.

Insider Buying and Selling at Burlington Stores

In related news, CMO Jennifer Vecchio sold 420 shares of Burlington Stores stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $236.64, for a total transaction of $99,388.80. Following the sale, the chief marketing officer directly owned 65,429 shares in the company, valued at $15,483,118.56. The trade was a 0.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.10% of the stock is currently owned by corporate insiders.

Burlington Stores Stock Performance

BURL stock traded up $8.35 during mid-day trading on Thursday, reaching $301.60. The company had a trading volume of 1,470,606 shares, compared to its average volume of 1,014,963. The company has a quick ratio of 0.55, a current ratio of 1.23 and a debt-to-equity ratio of 1.40. The stock has a market capitalization of $19.01 billion, a P/E ratio of 35.61, a P/E/G ratio of 2.19 and a beta of 1.72. Burlington Stores, Inc. has a one year low of $212.92 and a one year high of $309.00. The stock's 50-day simple moving average is $270.92 and its two-hundred day simple moving average is $249.45.

Burlington Stores (NYSE:BURL - Get Free Report) last posted its earnings results on Thursday, August 28th. The company reported $1.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.27 by $0.32. Burlington Stores had a return on equity of 42.74% and a net margin of 4.96%.The company had revenue of $2.70 billion for the quarter, compared to analysts' expectations of $2.64 billion. During the same period last year, the business posted $1.24 earnings per share. The firm's quarterly revenue was up 9.7% compared to the same quarter last year. Burlington Stores has set its Q3 2025 guidance at 1.5-1.600 EPS. FY 2025 guidance at 9.190-9.590 EPS. Research analysts anticipate that Burlington Stores, Inc. will post 7.93 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Wells Fargo & Company lifted their price objective on shares of Burlington Stores from $300.00 to $330.00 and gave the stock an "overweight" rating in a report on Thursday, August 28th. Morgan Stanley lifted their price objective on shares of Burlington Stores from $309.00 to $328.00 and gave the stock an "overweight" rating in a report on Friday, August 29th. Barclays lifted their price objective on shares of Burlington Stores from $299.00 to $336.00 and gave the stock an "overweight" rating in a report on Friday, August 29th. Robert W. Baird decreased their price objective on shares of Burlington Stores from $335.00 to $325.00 and set an "outperform" rating for the company in a report on Friday, May 30th. Finally, Loop Capital decreased their price objective on shares of Burlington Stores from $315.00 to $305.00 and set a "buy" rating for the company in a report on Friday, May 30th. Fourteen research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $344.29.

About Burlington Stores

Burlington Stores, Inc operates as a retailer of branded merchandise in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products.