Empowered Funds LLC Takes Position in Bloomin’ Brands, Inc. $BLMN

Posted by on Sep 3rd, 2026

Empowered Funds LLC acquired a new position in shares of Bloomin’ Brands, Inc. (NASDAQ:BLMN – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 248,133 shares of the restaurant operator’s stock, valued at approximately $2,268,000.

A number of other hedge funds have also modified their holdings of BLMN. United Capital Financial Advisors LLC bought a new stake in Bloomin’ Brands in the 2nd quarter valued at approximately $527,000. Public Employees Retirement System of Ohio bought a new position in shares of Bloomin’ Brands during the 2nd quarter worth approximately $135,000. Corient Private Wealth LP acquired a new stake in shares of Bloomin’ Brands in the second quarter valued at approximately $114,000. Bank of America Corp DE acquired a new stake in shares of Bloomin’ Brands in the second quarter valued at approximately $1,797,000. Finally, Man Group plc bought a new stake in shares of Bloomin’ Brands in the second quarter worth $450,000.

Bloomin’ Brands Trading Up 2.0%

NASDAQ BLMN opened at $9.93 on Thursday. The company has a market cap of $850.21 million, a PE ratio of 32.03, a PEG ratio of 2.51 and a beta of 1.23. The company has a current ratio of 0.25, a quick ratio of 0.18 and a debt-to-equity ratio of 1.62. Bloomin’ Brands, Inc. has a 12 month low of $5.19 and a 12 month high of $12.63. The stock has a 50 day moving average of $9.49 and a 200-day moving average of $7.72.

Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) last issued its earnings results on Wednesday, August 5th. The restaurant operator reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.10. Bloomin’ Brands had a net margin of 0.70% and a return on equity of 28.95%. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1 billion. During the same period in the previous year, the company earned $0.32 earnings per share. The firm’s revenue for the quarter was up 1.3% on a year-over-year basis. Bloomin’ Brands has set its FY 2026 guidance at 0.900-1.000 EPS and its Q3 2026 guidance at -0.270–0.220 EPS. On average, equities research analysts anticipate that Bloomin’ Brands, Inc. will post 0.98 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. BMO Capital Markets restated a “market perform” rating and set a $12.00 target price on shares of Bloomin’ Brands in a report on Thursday, August 6th. Weiss Ratings lowered shares of Bloomin’ Brands from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, August 19th. Barclays boosted their price target on shares of Bloomin’ Brands from $7.00 to $9.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. UBS Group raised their price objective on Bloomin’ Brands from $6.00 to $9.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Finally, Morgan Stanley raised their price objective on Bloomin’ Brands from $8.00 to $12.00 and gave the company an “equal weight” rating in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $9.75.

View Our Latest Analysis on BLMN

About Bloomin’ Brands

(Free Report)

Bloomin’ Brands, Inc engages in the ownership, operation and franchising of casual dining restaurants worldwide. The company’s portfolio includes five full-service restaurant chains: Outback Steakhouse, known for its Australian-inspired steakhouse concept; Carrabba’s Italian Grill, offering Italian-American cuisine; Bonefish Grill, specializing in handcrafted seafood dishes; Fleming’s Prime Steakhouse & Wine Bar, focusing on premium steak and wine experiences; and Aussie Grill by Outback, featuring a streamlined menu of signature items.

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Institutional Ownership by Quarter for Bloomin' Brands (NASDAQ:BLMN)

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