Ieq Capital LLC Invests $24.70 Million in Texas Roadhouse, Inc. $TXRH

Posted by Geri Gentry on Aug 22nd, 2026

Ieq Capital LLC bought a new position in shares of Texas Roadhouse, Inc. (NASDAQ:TXRH – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The fund bought 127,842 shares of the restaurant operator’s stock, valued at approximately $24,703,000.

Other hedge funds also recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of Texas Roadhouse during the 2nd quarter worth approximately $1,273,173,000. AQR Capital Management LLC increased its holdings in Texas Roadhouse by 27.4% in the 4th quarter. AQR Capital Management LLC now owns 2,674,102 shares of the restaurant operator’s stock worth $443,901,000 after acquiring an additional 575,685 shares during the last quarter. Capital World Investors increased its stake in shares of Texas Roadhouse by 13.4% in the fourth quarter. Capital World Investors now owns 2,537,290 shares of the restaurant operator’s stock worth $421,190,000 after purchasing an additional 300,405 shares in the last quarter. UBS Group AG grew its stake in Texas Roadhouse by 60.4% in the 4th quarter. UBS Group AG now owns 1,387,454 shares of the restaurant operator’s stock valued at $230,317,000 after buying an additional 522,509 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Texas Roadhouse by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 1,367,120 shares of the restaurant operator’s stock valued at $226,984,000 after acquiring an additional 24,834 shares during the period. Institutional investors and hedge funds own 94.82% of the company’s stock.

Texas Roadhouse Price Performance

Shares of NASDAQ TXRH opened at $204.48 on Friday. The firm has a market cap of $13.42 billion, a P/E ratio of 32.72, a PEG ratio of 1.99 and a beta of 0.79. Texas Roadhouse, Inc. has a twelve month low of $153.82 and a twelve month high of $216.30. The company has a quick ratio of 0.39, a current ratio of 0.46 and a debt-to-equity ratio of 0.03. The company has a 50 day moving average of $195.26 and a 200 day moving average of $180.18.

Texas Roadhouse (NASDAQ:TXRH – Get Free Report) last issued its earnings results on Thursday, August 6th. The restaurant operator reported $1.85 EPS for the quarter, beating the consensus estimate of $1.83 by $0.02. The business had revenue of $1.68 billion for 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%.The company’s revenue was up 11.1% compared to the same quarter last year. During the same period last year, the business posted $1.86 EPS. As a group, research analysts expect that Texas Roadhouse, Inc. will post 6.63 EPS for the current fiscal year.

Texas Roadhouse Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 1st will be issued a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 1.5%. The ex-dividend date is Tuesday, September 1st. Texas Roadhouse’s dividend payout ratio (DPR) is presently 48.00%.

Insider Buying and Selling

In other news, insider Christopher C. Colson sold 499 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $179.22, for a total transaction of $89,430.78. Following the sale, the insider owned 14,500 shares of the company’s stock, valued at $2,598,690. This trade represents a 3.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Gerald L. Morgan sold 15,000 shares of Texas Roadhouse stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $202.17, for a total transaction of $3,032,550.00. Following the completion of the sale, the chief executive officer owned 80,970 shares of the company’s stock, valued at $16,369,704.90. This represents a 15.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 19,745 shares of company stock worth $3,998,338 in the last three months. 0.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on TXRH shares. Mizuho increased their target price on shares of Texas Roadhouse from $190.00 to $230.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Guggenheim reaffirmed a “buy” rating and issued a $210.00 target price on shares of Texas Roadhouse in a research note on Monday, May 18th. Morgan Stanley reaffirmed an “overweight” rating and set a $212.00 price target on shares of Texas Roadhouse in a research report on Friday, August 7th. Piper Sandler upped their target price on Texas Roadhouse from $192.00 to $208.00 and gave the stock a “neutral” rating in a report on Monday, August 10th. Finally, Barclays lowered their price target on shares of Texas Roadhouse from $188.00 to $175.00 and set an “equal weight” rating for the company in a research report on Friday, May 8th. Ten research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $208.48.

Check Out Our Latest Stock Analysis on Texas Roadhouse

Texas Roadhouse Profile

(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.