Landscape Capital Management L.L.C. Makes New Investment in Bloomin’ Brands, Inc. $BLMN

Landscape Capital Management L.L.C. bought a new stake in Bloomin’ Brands, Inc. (NASDAQ:BLMN) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 131,120 shares of the restaurant operator’s stock, valued at approximately $1,198,000. Landscape Capital Management L.L.C. owned about 0.15% of Bloomin’ Brands at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its stake in Bloomin’ Brands by 83,825.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,357 shares of the restaurant operator’s stock valued at $29,000 after buying an additional 3,353 shares during the last quarter. Quarry LP purchased a new position in shares of Bloomin’ Brands in the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC bought a new position in shares of Bloomin’ Brands in the fourth quarter valued at approximately $31,000. PNC Financial Services Group Inc. grew its holdings in shares of Bloomin’ Brands by 44.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator’s stock valued at $34,000 after acquiring an additional 1,662 shares in the last quarter. Finally, Allworth Financial LP purchased a new stake in shares of Bloomin’ Brands during the second quarter valued at approximately $55,000.

Bloomin’ Brands Price Performance

BLMN stock opened at $11.63 on Monday. The firm has a 50 day moving average of $9.09 and a 200-day moving average of $7.50. 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 firm has a market capitalization of $995.76 million, a P/E ratio of 37.52, a price-to-earnings-growth ratio of 3.00 and a beta of 1.22.

Bloomin’ Brands (NASDAQ:BLMN) last posted 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. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1 billion. Bloomin’ Brands had a net margin of 0.70% and a return on equity of 28.95%. Bloomin’ Brands’s revenue was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.32 EPS. 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. As a group, sell-side analysts predict that Bloomin’ Brands, Inc. will post 0.98 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. The Goldman Sachs Group lifted their price target on Bloomin’ Brands from $6.00 to $8.50 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Citigroup reduced their price objective on Bloomin’ Brands from $9.50 to $8.75 and set a “neutral” rating for the company in a research note on Friday, July 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $11.00 target price on shares of Bloomin’ Brands in a research report on Thursday, August 6th. Wall Street Zen raised shares of Bloomin’ Brands from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, UBS Group raised their price objective on shares of Bloomin’ Brands from $6.00 to $9.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Bloomin’ Brands presently has an average rating of “Hold” and a consensus target price of $9.75.

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.