Parvin Asset Management LLC Invests $893,000 in Cracker Barrel Old Country Store, Inc. $CBRL

Parvin Asset Management LLC bought a new position in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 16,745 shares of the restaurant operator’s stock, valued at approximately $893,000. Parvin Asset Management LLC owned about 0.07% of Cracker Barrel Old Country Store at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Cracker Barrel Old Country Store by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,138 shares of the restaurant operator’s stock worth $510,000 after purchasing an additional 546 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Cracker Barrel Old Country Store by 64.6% during the second quarter. Cetera Investment Advisers now owns 9,210 shares of the restaurant operator’s stock valued at $563,000 after buying an additional 3,614 shares during the last quarter. Norges Bank purchased a new stake in Cracker Barrel Old Country Store in the 2nd quarter valued at $843,000. New York State Common Retirement Fund raised its position in Cracker Barrel Old Country Store by 23.6% in the 2nd quarter. New York State Common Retirement Fund now owns 8,386 shares of the restaurant operator’s stock valued at $512,000 after buying an additional 1,600 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in Cracker Barrel Old Country Store by 76.0% during the 2nd quarter. Invesco Ltd. now owns 350,859 shares of the restaurant operator’s stock valued at $21,430,000 after acquiring an additional 151,463 shares in the last quarter. Institutional investors own 96.01% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on CBRL shares. Benchmark reaffirmed a “hold” rating on shares of Cracker Barrel Old Country Store in a report on Wednesday, June 10th. Citigroup boosted their price target on shares of Cracker Barrel Old Country Store from $34.00 to $42.00 and gave the stock a “sell” rating in a report on Tuesday, July 21st. Wells Fargo & Company upped their price objective on shares of Cracker Barrel Old Country Store from $50.00 to $60.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 22nd. Weiss Ratings upgraded shares of Cracker Barrel Old Country Store from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, July 8th. Finally, UBS Group reissued a “neutral” rating on shares of Cracker Barrel Old Country Store in a research report on Tuesday, July 28th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Cracker Barrel Old Country Store currently has a consensus rating of “Hold” and an average target price of $48.14.

Trending Headlines about Cracker Barrel Old Country Store

Here are the key news stories impacting Cracker Barrel Old Country Store this week:

• Positive Sentiment: Zacks upgraded CBRL to Strong Buy: The upgrade reflects improving earnings expectations and could provide near-term support for the shares. All You Need to Know About Cracker Barrel Rating Upgrade to Strong Buy
• Positive Sentiment: Higher earnings forecast: Zacks raised its fiscal second-quarter 2027 EPS estimate to $0.63 from $0.55 and maintained its Strong Buy rating, signaling greater confidence in the company’s earnings outlook. Cracker Barrel earnings estimate report
• Positive Sentiment: Cracker Barrel’s latest quarterly results exceeded expectations, with EPS of $0.29 versus a projected loss of $0.45 and revenue of approximately $797.4 million, above consensus. These results, along with tighter costs and raised fiscal 2026 guidance, underpin the recent rally. Cracker Barrel Stock Jumps 78% in 6 Months
• Neutral Sentiment: Options-market implied volatility has risen, indicating that traders expect larger-than-usual price swings. This may increase speculative interest but also signals heightened risk around CBRL. Implied Volatility Surging for Cracker Barrel Stock Options
• Negative Sentiment: Despite operational improvements, guest traffic remains weak and quarterly revenue declined 2.9% year over year. After the sharp rally, CBRL also trades at a relatively high earnings multiple, leaving the stock vulnerable if growth or guidance disappoints.

Cracker Barrel Old Country Store Trading Up 0.5%

NASDAQ CBRL opened at $58.56 on Thursday. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of 50.48 and a beta of 1.20. Cracker Barrel Old Country Store, Inc. has a one year low of $24.85 and a one year high of $63.15. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.50 and a quick ratio of 0.19. The business’s fifty day moving average is $53.94 and its 200-day moving average is $39.39.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last posted its quarterly earnings results on Tuesday, June 9th. The restaurant operator reported $0.29 earnings per share for the quarter, beating the consensus estimate of ($0.45) by $0.74. The company had revenue of $797.37 million during the quarter, compared to analyst estimates of $776.69 million. Cracker Barrel Old Country Store had a net margin of 0.79% and a return on equity of 2.78%. The firm’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.56 earnings per share. Equities research analysts predict that Cracker Barrel Old Country Store, Inc. will post 0.01 EPS for the current year.

About Cracker Barrel Old Country Store

Cracker Barrel Old Country Store, Inc operates a distinctive combination of country-themed restaurants and retail stores across the United States. Since its founding in 1969, the company has focused on providing a nostalgic dining experience reminiscent of Southern hospitality, serving breakfast, lunch and dinner with an emphasis on traditional comfort foods.

The restaurant segment offers an extensive menu featuring signature items such as buttermilk pancakes, country ham, biscuits and gravy, meatloaf and pot roast.