Pallas Capital Advisors LLC Invests $1.14 Million in Texas Roadhouse, Inc. $TXRH

Posted by Francis Steltz on Aug 19th, 2026

Pallas Capital Advisors LLC acquired a new position in shares of Texas Roadhouse, Inc. (NASDAQ:TXRH – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,915 shares of the restaurant operator’s stock, valued at approximately $1,143,000.

Several other large investors have also bought and sold shares of the business. Stephens Investment Management Group LLC lifted its stake in Texas Roadhouse by 98.2% in the 4th quarter. Stephens Investment Management Group LLC now owns 370,225 shares of the restaurant operator’s stock valued at $61,457,000 after purchasing an additional 183,422 shares during the last quarter. Jefferies Financial Group Inc. bought a new stake in shares of Texas Roadhouse during the fourth quarter worth $977,000. Amica Mutual Insurance Co. bought a new stake in shares of Texas Roadhouse during the fourth quarter worth $989,000. Geode Capital Management LLC increased its holdings in shares of Texas Roadhouse by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 1,367,120 shares of the restaurant operator’s stock worth $226,984,000 after buying an additional 24,834 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in shares of Texas Roadhouse during the fourth quarter worth $29,714,000. 94.82% of the stock is owned by institutional investors and hedge funds.

Texas Roadhouse Price Performance

Shares of NASDAQ:TXRH opened at $203.39 on Wednesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.39 and a current ratio of 0.46. Texas Roadhouse, Inc. has a 52 week low of $153.82 and a 52 week high of $216.30. The firm has a market cap of $13.35 billion, a PE ratio of 32.54, a price-to-earnings-growth ratio of 2.05 and a beta of 0.79. The firm’s fifty day moving average is $193.09 and its 200-day moving average is $179.73.

Texas Roadhouse (NASDAQ:TXRH – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The restaurant operator reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.02. The business had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.67 billion. Texas Roadhouse had a return on equity of 27.20% and a net margin of 6.63%.Texas Roadhouse’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.86 earnings per share. Sell-side analysts predict that Texas Roadhouse, Inc. will post 6.63 earnings per share for the current year.

Texas Roadhouse Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be paid a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $3.00 annualized dividend and a dividend yield of 1.5%. Texas Roadhouse’s dividend payout ratio is presently 48.00%.

Insider Activity

In related news, General Counsel Sean G. Renfroe sold 426 shares of Texas Roadhouse stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $192.53, for a total value of $82,017.78. Following the transaction, the general counsel directly owned 860 shares of the company’s stock, valued at $165,575.80. The trade was a 33.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Christopher C. Colson sold 499 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $179.22, for a total value of $89,430.78. Following the completion of the sale, the insider owned 14,500 shares in the company, valued at $2,598,690. The trade was a 3.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 3,925 shares of company stock valued at $796,409. Company insiders own 0.50% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on TXRH. Robert W. Baird set a $235.00 price objective on Texas Roadhouse in a report on Friday, August 7th. Guggenheim reaffirmed a “buy” rating and issued a $210.00 target price on shares of Texas Roadhouse in a report on Monday, May 18th. JPMorgan Chase & Co. increased their target price on Texas Roadhouse from $182.00 to $188.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Stifel Nicolaus lifted their price target on Texas Roadhouse from $170.00 to $180.00 and gave the company a “hold” rating in a research note on Tuesday, May 12th. Finally, BMO Capital Markets boosted their price target on Texas Roadhouse from $165.00 to $180.00 and gave the stock a “market perform” rating in a report on Thursday, May 21st. Ten investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $208.48.

Check Out Our Latest Stock Analysis on TXRH

About Texas Roadhouse

(Free Report)

Texas Roadhouse, Inc is a casual dining restaurant chain specializing in hand‐cut steaks, fall‐off‐the‐bone ribs, chicken, seafood and house specialties. Each restaurant features a Western‐themed décor, open kitchens and a signature line dance presentation of fresh, made‐from‐scratch sides and breads. The company emphasizes an energetic dining experience, focusing on hospitality, value and a family‐friendly environment.

The concept was created in 1993 by founder Kent Taylor, who sought to combine high‐quality steaks with an approachable, community‐oriented atmosphere.