Sumitomo Mitsui Trust Group Inc. Makes New $1.39 Million Investment in Texas Roadhouse, Inc. $TXRH

Posted by Geri Gentry on Nov 8th, 2026

Sumitomo Mitsui Trust Group Inc. purchased a new position in Texas Roadhouse, Inc. (NASDAQ:TXRH – Free Report) in the third quarter, HoldingsChannel.com reports. The fund purchased 8,897 shares of the restaurant operator’s stock, valued at approximately $1,391,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Signaturefd LLC boosted its stake in shares of Texas Roadhouse by 3.3% during the third quarter. Signaturefd LLC now owns 1,905 shares of the restaurant operator’s stock valued at $298,000 after acquiring an additional 61 shares during the last quarter. Glenmede Trust Co. NA increased its position in Texas Roadhouse by 3.9% during the 1st quarter. Glenmede Trust Co. NA now owns 1,815 shares of the restaurant operator’s stock worth $300,000 after purchasing an additional 68 shares in the last quarter. Summitry LLC boosted its stake in shares of Texas Roadhouse by 1.9% during the 1st quarter. Summitry LLC now owns 4,140 shares of the restaurant operator’s stock worth $684,000 after purchasing an additional 76 shares during the last quarter. Central Pacific Bank Trust Division boosted its stake in shares of Texas Roadhouse by 10.3% during the 2nd quarter. Central Pacific Bank Trust Division now owns 860 shares of the restaurant operator’s stock worth $166,000 after purchasing an additional 80 shares during the last quarter. Finally, Kesler Norman & Wride LLC grew its holdings in shares of Texas Roadhouse by 1.5% during the first quarter. Kesler Norman & Wride LLC now owns 5,471 shares of the restaurant operator’s stock worth $904,000 after buying an additional 82 shares in the last quarter. 94.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TXRH. BMO Capital Markets reissued a “market perform” rating and issued a $190.00 price objective on shares of Texas Roadhouse in a research report on Friday. Wells Fargo & Company reduced their price objective on shares of Texas Roadhouse from $230.00 to $220.00 and set an “overweight” rating on the stock in a research note on Friday. Robert W. Baird upgraded shares of Texas Roadhouse to a “strong-buy” rating in a research report on Monday, August 24th. Piper Sandler increased their price target on Texas Roadhouse from $192.00 to $208.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. Finally, UBS Group raised their price objective on Texas Roadhouse from $210.00 to $235.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Texas Roadhouse has a consensus rating of “Moderate Buy” and a consensus price target of $208.04.

Get Our Latest Report on TXRH

Texas Roadhouse Trading Down 4.1%

NASDAQ TXRH opened at $183.88 on Friday. Texas Roadhouse, Inc. has a 12 month low of $153.82 and a 12 month high of $216.30. The company has a 50-day moving average of $172.73 and a 200-day moving average of $179.06. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.46 and a quick ratio of 0.39. The company has a market cap of $12.07 billion, a P/E ratio of 28.91, a P/E/G ratio of 1.99 and a beta of 0.81.

Texas Roadhouse (NASDAQ:TXRH – Get Free Report) last released its earnings results on Thursday, November 5th. The restaurant operator reported $1.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by ($0.10). Texas Roadhouse had a return on equity of 27.35% and a net margin of 6.59%. The company had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same period in the prior year, the business posted $1.25 earnings per share. Texas Roadhouse’s revenue was up 9.5% on a year-over-year basis. As a group, equities analysts predict that Texas Roadhouse, Inc. will post 6.40 earnings per share for the current year.

Texas Roadhouse Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 29th. Stockholders of record on Tuesday, December 1st will be paid a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $3.00 annualized dividend and a dividend yield of 1.6%. Texas Roadhouse’s payout ratio is currently 48.00%.

Insider Activity at Texas Roadhouse

In other Texas Roadhouse news, insider Lloyd Marshall sold 500 shares of the company’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $204.65, for a total transaction of $102,325.00. Following the completion of the sale, the insider directly owned 9,826 shares in the company, valued at $2,010,890.90. This represents a 4.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Gregory N. Moore sold 3,000 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $208.32, for a total value of $624,960.00. Following the sale, the director owned 26,900 shares of the company’s stock, valued at $5,603,808. This represents a 10.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 19,970 shares of company stock worth $4,061,808. 0.50% of the stock is owned by corporate insiders.

Trending Headlines about Texas Roadhouse

Here are the key news stories impacting Texas Roadhouse this week:

Positive Sentiment: Same-store sales increased 4.3% and revenue rose 9.5% year over year to $1.57 billion, showing continued growth. The company also declared a quarterly dividend of $0.75 per share. Third-quarter results and dividend announcement
Neutral Sentiment: Analyst views were mixed: Bank of America and TD Cowen raised their targets, while Wells Fargo, RBC, Morgan Stanley, and BMO lowered theirs. Several firms nevertheless maintained positive ratings, and Citigroup raised its target while keeping a neutral rating. Morgan Stanley rating and target update
Negative Sentiment: Adjusted earnings were $1.36 per share, below analysts’ roughly $1.46–$1.49 estimates, while revenue of $1.57 billion also narrowly missed expectations. Reports pointed to softer traffic, tempering the otherwise solid year-over-year sales growth. Q3 earnings and revenue miss

About Texas Roadhouse

(Free Report)

Texas Roadhouse, Inc operates and franchises casual dining restaurants under the Texas Roadhouse, Bubba’s 33 and Jaggers brands. Its restaurants are known for a lively atmosphere and made-from-scratch food.

The Texas Roadhouse menu features hand-cut steaks, ribs, chicken, seafood and made-from-scratch sides, along with freshly baked bread. Bubba’s 33 offers a sports-bar setting with items such as burgers, pizza and wings, while Jaggers focuses on burgers, chicken sandwiches and salads.

Founded in 1993 in Clarksville, Indiana, Texas Roadhouse is headquartered in Louisville, Kentucky.