Jupiter Topco LLC Invests $5.72 Million in Bloomin’ Brands, Inc. $BLMN

Jupiter Topco LLC acquired a new stake in shares of Bloomin’ Brands, Inc. (NASDAQ:BLMN) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 625,618 shares of the restaurant operator’s stock, valued at approximately $5,718,000. Jupiter Topco LLC owned about 0.73% of Bloomin’ Brands as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. boosted its position in Bloomin’ Brands by 83,825.0% during the second 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 during the period. Quarry LP bought a new position in shares of Bloomin’ Brands in the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC bought a new stake in shares of Bloomin’ Brands during the 4th quarter worth $31,000. PNC Financial Services Group Inc. boosted its holdings 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 buying an additional 1,662 shares during the period. Finally, Allworth Financial LP acquired a new position in Bloomin’ Brands in the 2nd quarter valued at $55,000.

Bloomin’ Brands Price Performance

Shares of Bloomin’ Brands stock opened at $10.30 on Tuesday. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.25 and a quick ratio of 0.18. Bloomin’ Brands, Inc. has a fifty-two week low of $5.19 and a fifty-two week high of $12.63. The firm has a fifty day moving average price of $9.44 and a two-hundred day moving average price of $7.67. The company has a market cap of $881.89 million, a PE ratio of 33.23, a price-to-earnings-growth ratio of 2.73 and a beta of 1.22.

Bloomin’ Brands (NASDAQ:BLMN) last posted its quarterly earnings data on Wednesday, August 5th. The restaurant operator reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.10. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1 billion. Bloomin’ Brands had a net margin of 0.70% and a return on equity of 28.95%. The business’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous 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. Analysts expect that Bloomin’ Brands, Inc. will post 0.98 EPS for the current year.

Wall Street Analyst Weigh In

BLMN has been the subject of a number of research analyst reports. Sanford C. Bernstein set a $9.00 target price on shares of Bloomin’ Brands in a research report on Thursday, May 7th. Wall Street Zen raised Bloomin’ Brands from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $11.00 price objective on shares of Bloomin’ Brands in a research note on Thursday, August 6th. UBS Group boosted their price objective on 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 raised their target price on Bloomin’ Brands from $7.00 to $9.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target 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.