Caisse de depot et placement du Quebec Invests $37.52 Million in Burlington Stores, Inc. $BURL

Caisse de depot et placement du Quebec purchased a new position in Burlington Stores, Inc. (NYSE:BURL) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 118,420 shares of the company’s stock, valued at approximately $37,515,000. Caisse de depot et placement du Quebec owned approximately 0.19% of Burlington Stores at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. BlackRock Inc. acquired a new position in Burlington Stores in the 2nd quarter valued at approximately $2,157,518,000. T. Rowe Price Investment Management Inc. lifted its position in Burlington Stores by 15.8% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company’s stock worth $817,122,000 after buying an additional 386,615 shares in the last quarter. State Street Corp boosted its stake in shares of Burlington Stores by 1.2% during the 3rd quarter. State Street Corp now owns 2,184,171 shares of the company’s stock valued at $555,872,000 after buying an additional 26,529 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Burlington Stores by 303,059.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock valued at $552,552,000 after buying an additional 1,912,305 shares during the period. Finally, Alyeska Investment Group L.P. grew its holdings in shares of Burlington Stores by 103.5% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,285,336 shares of the company’s stock valued at $371,269,000 after acquiring an additional 653,718 shares in the last quarter.

Burlington Stores Stock Down 5.8%

BURL opened at $273.25 on Friday. The firm has a market cap of $17.20 billion, a P/E ratio of 24.53, a price-to-earnings-growth ratio of 1.55 and a beta of 1.44. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.49 and a current ratio of 1.17. The business has a 50 day moving average price of $339.01 and a 200 day moving average price of $324.84. Burlington Stores, Inc. has a twelve month low of $240.49 and a twelve month high of $378.33.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings results on Thursday, August 27th. The company reported $2.96 EPS for the quarter, beating the consensus estimate of $2.19 by $0.77. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter last year, the company posted $1.72 earnings per share. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. Research analysts forecast that Burlington Stores, Inc. will post 11.74 EPS for the current year.

More Burlington Stores News

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: Second-quarter adjusted EPS reached $2.96, well above the roughly $2.18–$2.19 analyst consensus and up substantially from the prior year. Revenue increased 11% year over year to approximately $3.0 billion, while operating-margin expansion supported the company’s 15th consecutive quarter of double-digit EPS growth. Burlington Stores Reports Strong Second Quarter Sales and Earnings Growth
• Positive Sentiment: Burlington raised its fiscal 2026 adjusted EPS outlook to $11.77–$11.97, above the prior consensus of about $11.23, and expects revenue of $12.7–$12.8 billion. The retailer also plans to use tariff refunds to lower prices, potentially supporting customer traffic and value perception. Burlington Stores Plans to Use Tariff Refunds to Lower Prices
• Neutral Sentiment: The company is pursuing aggressive expansion, with reports of 20 new stores opening across 12 states in September. Store growth can increase long-term sales, though it also raises execution and investment requirements. Burlington Expansion Bringing New Stores to 12 States
• Negative Sentiment: Second-quarter revenue of about $3.0 billion fell short of the $3.03 billion consensus, and comparable-store sales grew only 2%, slowing from 5% a year earlier. The deceleration raised concerns about underlying demand despite the earnings beat. BURL Shares Slide Despite Q2 Earnings Beat
• Negative Sentiment: Fiscal third-quarter EPS guidance of $1.60–$1.70 is materially below the approximately $2.04 analyst consensus. Reports also cited tariff-related costs and a weaker-than-expected near-term forecast as reasons for the market reaction.
• Negative Sentiment: Citigroup cut its price target from $380 to $318 and moved to a neutral rating. Morgan Stanley also reduced its target modestly, from $438 to $432, although it maintained an overweight rating. Analyst Price Target Updates

Wall Street Analyst Weigh In

BURL has been the topic of a number of research reports. Sanford C. Bernstein dropped their price target on shares of Burlington Stores from $365.00 to $355.00 and set an “outperform” rating on the stock in a research note on Friday. Citigroup lowered their target price on Burlington Stores from $380.00 to $318.00 and set a “neutral” rating on the stock in a research note on Friday. Weiss Ratings raised Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday. Jefferies Financial Group raised their price target on Burlington Stores from $365.00 to $410.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $323.00 price target on shares of Burlington Stores in a report on Friday. Thirteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $367.56.

Insider Buying and Selling

In related news, CAO Stephen Ferroni sold 2,343 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $337.22, for a total value of $790,106.46. Following the transaction, the chief accounting officer directly owned 1,391 shares in the company, valued at approximately $469,073.02. This trade represents a 62.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Matthew Pasch sold 3,773 shares of the firm’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the completion of the transaction, the insider owned 6,523 shares in the company, valued at $2,069,160.83. The trade was a 36.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 30,392 shares of company stock valued at $10,280,271. Company insiders own 1.30% of the company’s stock.

Burlington Stores Profile

Burlington Stores, Inc is an American off-price retailer that sells apparel and home goods at discounted prices. The company’s merchandise assortment includes clothing for women, men and children, plus baby products, footwear, accessories, beauty items, toys and home décor. Burlington’s merchandising strategy focuses on offering branded and private-label goods at lower prices than traditional department stores by sourcing excess inventory, closeouts and opportunistic buys from manufacturers and other retailers.

The business traces its roots to the Burlington Coat Factory name established in the early 1970s and has since evolved into a broader off-price retailer that carries a wide range of seasonal and everyday merchandise.