Cheesecake Factory (NASDAQ:CAKE – Free Report) had its price objective lifted by Stephens from $80.00 to $93.00 in a report issued on Wednesday morning,Benzinga reports. The firm currently has an equal weight rating on the restaurant operator’s stock.
Several other brokerages also recently weighed in on CAKE. Wells Fargo & Company lifted their price target on shares of Cheesecake Factory from $65.00 to $75.00 and gave the company an “equal weight” rating in a report on Thursday, July 16th. Weiss Ratings upgraded shares of Cheesecake Factory from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 14th. Bank of America upped their price objective on Cheesecake Factory from $66.00 to $79.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. Mizuho reiterated a “neutral” rating and set a $85.00 price objective (up from $75.00) on shares of Cheesecake Factory in a research report on Friday, July 24th. Finally, Barclays boosted their target price on shares of Cheesecake Factory from $58.00 to $60.00 and gave the stock an “underweight” rating in a report on Thursday, April 30th. Five analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Cheesecake Factory presently has an average rating of “Hold” and a consensus target price of $79.81.
View Our Latest Analysis on CAKE
Cheesecake Factory Stock Up 0.1%
Cheesecake Factory (NASDAQ:CAKE – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The restaurant operator reported $1.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.18 by $0.26. The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $999.54 million. Cheesecake Factory had a return on equity of 45.94% and a net margin of 4.61%.The firm’s revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.16 EPS. On average, equities research analysts predict that Cheesecake Factory will post 4.38 earnings per share for the current year.
Cheesecake Factory Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Tuesday, August 11th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, August 11th. Cheesecake Factory’s payout ratio is currently 32.52%.
Insider Activity at Cheesecake Factory
In other Cheesecake Factory news, Director Alexander L. Cappello sold 2,490 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $64.90, for a total transaction of $161,601.00. Following the completion of the transaction, the director owned 6,171 shares in the company, valued at $400,497.90. This trade represents a 28.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Matthew Eliot Clark sold 68,900 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $99.30, for a total value of $6,841,770.00. Following the transaction, the chief financial officer owned 45,109 shares of the company’s stock, valued at $4,479,323.70. This represents a 60.43% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 74,890 shares of company stock valued at $7,353,371. Insiders own 8.00% of the company’s stock.
Institutional Investors Weigh In On Cheesecake Factory
Hedge funds have recently bought and sold shares of the business. Woodline Partners LP lifted its position in Cheesecake Factory by 1,059.3% during the third quarter. Woodline Partners LP now owns 618,056 shares of the restaurant operator’s stock valued at $33,771,000 after purchasing an additional 564,744 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Cheesecake Factory by 24.7% in the 3rd quarter. Invesco Ltd. now owns 2,057,118 shares of the restaurant operator’s stock worth $112,401,000 after buying an additional 407,223 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Cheesecake Factory by 214.3% in the 4th quarter. Millennium Management LLC now owns 512,085 shares of the restaurant operator’s stock worth $25,850,000 after buying an additional 349,168 shares during the last quarter. Engineers Gate Manager LP raised its position in shares of Cheesecake Factory by 1,583.7% during the 4th quarter. Engineers Gate Manager LP now owns 287,219 shares of the restaurant operator’s stock valued at $14,499,000 after buying an additional 270,160 shares in the last quarter. Finally, Voloridge Investment Management LLC lifted its holdings in shares of Cheesecake Factory by 54.0% in the 3rd quarter. Voloridge Investment Management LLC now owns 747,046 shares of the restaurant operator’s stock valued at $40,819,000 after acquiring an additional 262,081 shares during the last quarter. Hedge funds and other institutional investors own 94.48% of the company’s stock.
Cheesecake Factory News Roundup
Here are the key news stories impacting Cheesecake Factory this week:
- Positive Sentiment: Record quarterly performance: Cheesecake Factory reported its first quarter with revenue above $1 billion, alongside earnings and revenue that exceeded Wall Street expectations. Revenue increased 7.7% year over year, reinforcing the view that stronger traffic and execution are driving the core brand. Cheesecake Factory quarterly revenues surpass $1B for the first time
- Positive Sentiment: Improved analyst outlook: Zacks added CAKE to its Rank #1, or “Strong Buy,” list, citing favorable earnings-estimate revisions. A separate analysis said stronger namesake-brand traffic, menu innovation, digital engagement and brand expansion could support continued growth. Why Cheesecake Factory Might Be Well Poised for a Surge
- Positive Sentiment: Broader bullish sentiment: Seeking Alpha upgraded the stock to Buy after noting improved core traffic, while Stephens and Robert W. Baird raised their price targets. These actions reinforce investor confidence following the earnings beat. The Cheesecake Factory: Core Traffic Improved
- Neutral Sentiment: Customer engagement initiatives: National Cheesecake Day promotions, including half-price slices and a new brownie-toffee flavor, may support near-term traffic and brand visibility, but their effect on earnings is likely limited. The Cheesecake Factory celebrates National Cheesecake Day
- Negative Sentiment: Large insider sale: CFO Matthew Eliot Clark sold 68,900 shares for approximately $6.8 million after exercising options, reducing his direct stake by about 60%. Another insider sold 3,500 shares for $350,000. The transactions may raise caution because they occurred near record highs, although insider sales can also reflect diversification or scheduled compensation activity. What This Cheesecake Factory Insider Sale Means
- Negative Sentiment: Valuation and execution risks: CAKE has more than doubled during 2026, making its valuation richer. Investors are also watching softer North Italia demand and inflation-driven margin pressure, which could challenge the sustainability of the rally. Is CAKE Stock Still Attractive After Its Powerful 2026 Rally?
About Cheesecake Factory
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.
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