Commonwealth Equity Services LLC raised its position in Bloomin’ Brands, Inc. (NASDAQ:BLMN – Free Report) by 56.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,066,763 shares of the restaurant operator’s stock after buying an additional 384,420 shares during the period. Commonwealth Equity Services LLC’s holdings in Bloomin’ Brands were worth $6,582,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Bloomin’ Brands during the fourth quarter valued at approximately $808,000. Counterpoint Mutual Funds LLC grew its holdings in shares of Bloomin’ Brands by 1,069.7% in the third quarter. Counterpoint Mutual Funds LLC now owns 431,359 shares of the restaurant operator’s stock worth $3,093,000 after purchasing an additional 394,480 shares during the last quarter. Intech Investment Management LLC grew its holdings in shares of Bloomin’ Brands by 41.6% in the third quarter. Intech Investment Management LLC now owns 365,845 shares of the restaurant operator’s stock worth $2,623,000 after purchasing an additional 107,489 shares during the last quarter. Dynamic Technology Lab Private Ltd boosted its holdings in Bloomin’ Brands by 1,077.4% in the third quarter. Dynamic Technology Lab Private Ltd now owns 120,326 shares of the restaurant operator’s stock valued at $863,000 after acquiring an additional 110,106 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in Bloomin’ Brands by 83.2% in the second quarter. Qube Research & Technologies Ltd now owns 172,434 shares of the restaurant operator’s stock valued at $1,485,000 after acquiring an additional 78,323 shares in the last quarter.
Insider Activity
In other news, Director Rohit Lal acquired 10,000 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The shares were acquired at an average cost of $5.69 per share, with a total value of $56,900.00. Following the acquisition, the director directly owned 30,156 shares of the company’s stock, valued at approximately $171,587.64. The trade was a 49.61% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.18% of the stock is owned by company insiders.
Analysts Set New Price Targets
Get Our Latest Analysis on Bloomin’ Brands
Bloomin’ Brands Stock Up 1.8%
NASDAQ BLMN opened at $7.27 on Friday. The stock’s 50 day moving average is $6.88 and its 200 day moving average is $6.68. The company has a current ratio of 0.26, a quick ratio of 0.19 and a debt-to-equity ratio of 1.89. Bloomin’ Brands, Inc. has a 12 month low of $5.19 and a 12 month high of $10.70. The stock has a market cap of $622.38 million, a PE ratio of 29.08, a P/E/G ratio of 1.91 and a beta of 1.22.
Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The restaurant operator reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.10. Bloomin’ Brands had a return on equity of 28.00% and a net margin of 0.55%.The company had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same period in the previous year, the firm earned $0.59 EPS. The firm’s revenue was up 1.0% compared to the same quarter last year. Bloomin’ Brands has set its FY 2026 guidance at 0.750-0.900 EPS and its Q2 2026 guidance at 0.270-0.320 EPS. Research analysts predict that Bloomin’ Brands, Inc. will post 0.88 EPS for the current fiscal year.
Bloomin’ Brands Company Profile
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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