The Cheesecake Factory Incorporated $CAKE Shares Sold by SG Americas Securities LLC

Posted by Brenda Bartman on Jul 8th, 2026

SG Americas Securities LLC cut its stake in shares of The Cheesecake Factory Incorporated (NASDAQ:CAKE – Free Report) by 62.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,709 shares of the restaurant operator’s stock after selling 16,355 shares during the quarter. SG Americas Securities LLC’s holdings in Cheesecake Factory were worth $532,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Truist Financial Corp raised its stake in Cheesecake Factory by 3.0% in the 4th quarter. Truist Financial Corp now owns 6,187 shares of the restaurant operator’s stock worth $312,000 after acquiring an additional 181 shares during the last quarter. Oregon Public Employees Retirement Fund grew its stake in Cheesecake Factory by 1.9% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 10,487 shares of the restaurant operator’s stock valued at $529,000 after purchasing an additional 200 shares during the last quarter. California State Teachers Retirement System increased its holdings in shares of Cheesecake Factory by 0.5% in the second quarter. California State Teachers Retirement System now owns 44,527 shares of the restaurant operator’s stock valued at $2,790,000 after purchasing an additional 203 shares during the period. GAMMA Investing LLC increased its holdings in shares of Cheesecake Factory by 14.5% in the fourth quarter. GAMMA Investing LLC now owns 1,741 shares of the restaurant operator’s stock valued at $88,000 after purchasing an additional 220 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its stake in shares of Cheesecake Factory by 5.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 4,642 shares of the restaurant operator’s stock worth $234,000 after purchasing an additional 260 shares during the last quarter. 94.48% of the stock is owned by institutional investors and hedge funds.

Cheesecake Factory Trading Up 1.1%

Shares of Cheesecake Factory stock opened at $77.74 on Wednesday. The firm has a 50-day simple moving average of $68.27 and a two-hundred day simple moving average of $61.98. The company has a market cap of $3.86 billion, a P/E ratio of 22.73, a price-to-earnings-growth ratio of 1.85 and a beta of 1.01. The Cheesecake Factory Incorporated has a fifty-two week low of $43.07 and a fifty-two week high of $80.93. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.53 and a current ratio of 0.59.

Cheesecake Factory (NASDAQ:CAKE – Get Free Report) last posted its earnings results on Wednesday, April 29th. The restaurant operator reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.02. Cheesecake Factory had a net margin of 4.34% and a return on equity of 43.74%. The business had revenue of $978.83 million for the quarter, compared to analyst estimates of $964.57 million. During the same period in the prior year, the company posted $0.93 EPS. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. As a group, equities analysts predict that The Cheesecake Factory Incorporated will post 4.01 earnings per share for the current fiscal year.

Cheesecake Factory Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Wednesday, May 13th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Wednesday, May 13th. Cheesecake Factory’s dividend payout ratio is presently 35.09%.

Analyst Ratings Changes

A number of equities research analysts recently commented on CAKE shares. Citigroup downgraded Cheesecake Factory from a “buy” rating to a “neutral” rating in a report on Monday, June 15th. Stephens raised their price target on shares of Cheesecake Factory from $61.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 30th. Robert W. Baird set a $65.00 price objective on shares of Cheesecake Factory in a research note on Thursday, April 30th. JPMorgan Chase & Co. raised shares of Cheesecake Factory from an “underweight” rating to a “neutral” rating and upped their price objective for the company from $58.00 to $68.00 in a report on Thursday, May 14th. Finally, Northcoast Research lowered shares of Cheesecake Factory from a “buy” rating to a “neutral” rating in a research note on Monday, June 15th. Five investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Cheesecake Factory currently has an average rating of “Hold” and an average price target of $66.29.

Get Our Latest Analysis on CAKE

Insider Buying and Selling

In other Cheesecake Factory news, Director Alexander L. Cappello sold 2,490 shares of the stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $64.90, for a total transaction of $161,601.00. Following the transaction, the director directly owned 6,171 shares of the company’s stock, valued at $400,497.90. This trade represents a 28.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman David Overton sold 104,000 shares of Cheesecake Factory stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $61.02, for a total transaction of $6,346,080.00. Following the completion of the sale, the chairman owned 3,079,779 shares in the company, valued at approximately $187,928,114.58. This trade represents a 3.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 8.00% of the company’s stock.

About Cheesecake Factory

(Free Report)

The Cheesecake Factory Incorporated (NASDAQ:CAKE) is an American restaurant company and distributor renowned for its full-service casual-dining concept and specialty cheesecakes. Headquartered in Calabasas Hills, California, the company operates more than 200 restaurants under The Cheesecake Factory® brand across the United States, Puerto Rico and select international markets. In addition to sit-down dining, Cheesecake Factory franchised locations offer catering and take-out services, while a separate manufacturing arm supplies branded cheesecakes and desserts to supermarkets, hotels and other foodservice operators.

The origins of the brand trace back to a small cheesecake bakery founded in Detroit in the 1940s.