GSA Capital Partners LLP Buys New Holdings in Bloomin’ Brands, Inc. $BLMN

GSA Capital Partners LLP purchased a new position in Bloomin’ Brands, Inc. (NASDAQ:BLMN) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 88,976 shares of the restaurant operator’s stock, valued at approximately $813,000.

A number of other institutional investors also recently bought and sold shares of BLMN. Quarry LP acquired a new stake in Bloomin’ Brands during the 4th quarter valued at approximately $25,000. Northwestern Mutual Wealth Management Co. boosted its position 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 worth $29,000 after purchasing an additional 3,353 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new stake in shares of Bloomin’ Brands during the 4th quarter worth approximately $31,000. PNC Financial Services Group Inc. grew its stake in shares of Bloomin’ Brands by 44.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator’s stock worth $34,000 after purchasing an additional 1,662 shares during the period. Finally, Chicago Partners Investment Group LLC purchased a new position in shares of Bloomin’ Brands during the 1st quarter valued at approximately $56,000.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on BLMN shares. Weiss Ratings upgraded shares of Bloomin’ Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, August 5th. Piper Sandler raised their price target on shares of Bloomin’ Brands from $9.00 to $12.00 and gave the company a “neutral” rating in a research report on Monday, August 10th. Wall Street Zen raised shares of Bloomin’ Brands from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. UBS Group upped their price objective on shares of Bloomin’ Brands from $6.00 to $9.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Finally, Barclays increased their target price on shares of Bloomin’ Brands from $7.00 to $9.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $9.75.

Bloomin’ Brands Trading Down 0.3%

Shares of BLMN stock opened at $10.66 on Wednesday. Bloomin’ Brands, Inc. has a 1-year low of $5.19 and a 1-year high of $12.63. The company has a market cap of $912.71 million, a price-to-earnings ratio of 34.39, a PEG ratio of 2.72 and a beta of 1.22. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.25 and a quick ratio of 0.18. The stock has a 50 day simple moving average of $8.91 and a 200-day simple moving average of $7.40.

Bloomin’ Brands (NASDAQ:BLMN) last released its quarterly earnings results on Wednesday, August 5th. The restaurant operator reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.10. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1 billion. Bloomin’ Brands had a net margin of 0.70% and a return on equity of 28.95%. The firm’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter last year, the company earned $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. On average, equities research analysts expect that Bloomin’ Brands, Inc. will post 0.98 EPS for the current fiscal year.

About Bloomin’ Brands

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.