Texas Roadhouse, Inc. $TXRH Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lowered its stake in shares of Texas Roadhouse, Inc. (NASDAQ:TXRH) by 1.5% during the third quarter, Holdings Channel reports. The firm owned 6,263,176 shares of the restaurant operator’s stock after selling 93,757 shares during the period. Vanguard Group Inc. owned approximately 0.09% of Texas Roadhouse worth $1,040,627,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Texas Yale Capital Corp. raised its stake in Texas Roadhouse by 15.9% during the 3rd quarter. Texas Yale Capital Corp. now owns 20,553 shares of the restaurant operator’s stock worth $3,415,000 after acquiring an additional 2,818 shares in the last quarter. Smithfield Trust Co acquired a new position in Texas Roadhouse in the third quarter valued at $93,000. State of New Jersey Common Pension Fund D grew its holdings in shares of Texas Roadhouse by 3.4% during the third quarter. State of New Jersey Common Pension Fund D now owns 21,341 shares of the restaurant operator’s stock worth $3,546,000 after purchasing an additional 692 shares during the last quarter. HighTower Advisors LLC increased its position in shares of Texas Roadhouse by 1.0% during the third quarter. HighTower Advisors LLC now owns 10,889 shares of the restaurant operator’s stock worth $1,810,000 after purchasing an additional 103 shares in the last quarter. Finally, Ground Swell Capital LLC acquired a new stake in shares of Texas Roadhouse during the third quarter worth about $391,000. Hedge funds and other institutional investors own 94.82% of the company’s stock.

Insider Activity at Texas Roadhouse

In related news, Director Hugh J. Carroll sold 1,000 shares of the firm’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $167.27, for a total value of $167,270.00. Following the completion of the sale, the director owned 1,854 shares in the company, valued at $310,118.58. This trade represents a 35.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Gerald L. Morgan sold 5,000 shares of Texas Roadhouse stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $196.00, for a total value of $980,000.00. Following the completion of the sale, the chief executive officer directly owned 91,774 shares in the company, valued at $17,987,704. This represents a 5.17% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 12,400 shares of company stock worth $2,320,920 over the last 90 days. Company insiders own 0.50% of the company’s stock.

Texas Roadhouse Price Performance

Texas Roadhouse stock opened at $178.82 on Friday. The business has a 50 day simple moving average of $180.81 and a 200-day simple moving average of $173.48. Texas Roadhouse, Inc. has a 12 month low of $148.73 and a 12 month high of $199.99. The stock has a market capitalization of $11.83 billion, a PE ratio of 29.36, a price-to-earnings-growth ratio of 2.92 and a beta of 0.88.

Texas Roadhouse (NASDAQ:TXRH) last announced its quarterly earnings data on Thursday, February 19th. The restaurant operator reported $1.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.53 by ($0.25). The firm had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.50 billion. Texas Roadhouse had a net margin of 6.90% and a return on equity of 28.05%. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.73 earnings per share. As a group, equities research analysts anticipate that Texas Roadhouse, Inc. will post 7.23 EPS for the current year.

Texas Roadhouse Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be issued a dividend of $0.75 per share. This is an increase from Texas Roadhouse’s previous quarterly dividend of $0.68. This represents a $3.00 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, March 17th. Texas Roadhouse’s dividend payout ratio is currently 44.66%.

Key Stories Impacting Texas Roadhouse

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

• Positive Sentiment: Company outlook/guide helped calm markets—management’s forward commentary and guidance were framed as constructive, which investors said helped offset the Q4 EPS miss. Investing.com: Outlook offsets earnings miss
• Positive Sentiment: Dividend increase: TXRH raised its quarterly dividend to $0.75 (a ~10.3% raise vs. prior $0.68), boosting yield and shareholder income — a supportive signal for income‑oriented investors. GlobeNewswire: Q4 results & dividend
• Positive Sentiment: Some analysts remain bullish—BTIG reaffirmed a “buy” and a $200 target, signaling upside from some street participants despite the miss. Benzinga: BTIG reaffirms buy
• Positive Sentiment: Stephens raised its price target from $168 to $180 (equal weight), a modest vote of confidence that some firms see value after the quarter. Benzinga: Stephens raises target
• Neutral Sentiment: Explainers and context pieces are circulating that help frame the move—articles examining why TXRH didn’t plunge on a ~25% EPS decline offer context that may limit knee‑jerk selling. Seeking Alpha: Why the stock didn’t drop
• Neutral Sentiment: Analyst/narrative pieces (Zacks/MarketBeat/Yahoo) are re‑pricing the story—investors are parsing same‑store trends, unit growth and DCF upside, producing mixed takes rather than a clear consensus. Zacks: Q4 metrics vs estimates
• Negative Sentiment: Q4 earnings and revenue missed consensus — TXRH reported $1.28 EPS vs. ~$1.53 expected and $1.48B revenue vs. ~$1.50B, a decline from prior year EPS; that shortfall is the primary driver of the intra‑day weakness. MarketBeat: Q4 earnings report
• Negative Sentiment: Margin pressure from higher commodity costs — management flagged rising food/commodity inflation that pulled margins lower, a recurring risk for restaurant operators that can pressure near‑term profitability. Seeking Alpha: Commodity costs hurt margins
• Negative Sentiment: Some analysts trimmed price targets and ratings (Citigroup lowered PT to $184/neutral; Truist trimmed to $186/hold), which can weigh on sentiment even if cuts are modest. Benzinga: Citi and Truist adjustments

Analyst Ratings Changes

A number of brokerages recently issued reports on TXRH. Weiss Ratings reissued a “buy (b-)” rating on shares of Texas Roadhouse in a research report on Monday, December 29th. Royal Bank Of Canada decreased their price objective on Texas Roadhouse from $185.00 to $175.00 and set a “sector perform” rating for the company in a report on Friday, November 7th. Truist Financial lowered their target price on shares of Texas Roadhouse from $188.00 to $186.00 and set a “hold” rating on the stock in a research report on Friday. Zacks Research raised shares of Texas Roadhouse from a “strong sell” rating to a “hold” rating in a report on Thursday, January 8th. Finally, Mizuho increased their price target on shares of Texas Roadhouse from $190.00 to $200.00 and gave the stock an “outperform” rating in a research note on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Texas Roadhouse has a consensus rating of “Moderate Buy” and an average price target of $196.82.

About Texas Roadhouse

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.