Sei Investments Co. Has $2.76 Million Position in Bloomin’ Brands, Inc. $BLMN

Sei Investments Co. increased its stake in shares of Bloomin’ Brands, Inc. (NASDAQ:BLMN) by 22.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 511,351 shares of the restaurant operator’s stock after acquiring an additional 92,786 shares during the quarter. Sei Investments Co.’s holdings in Bloomin’ Brands were worth $2,762,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Royal Bank of Canada raised its holdings in shares of Bloomin’ Brands by 50.4% during the first quarter. Royal Bank of Canada now owns 333,693 shares of the restaurant operator’s stock valued at $2,393,000 after purchasing an additional 111,801 shares during the period. AQR Capital Management LLC grew its stake in shares of Bloomin’ Brands by 156.1% in the 1st quarter. AQR Capital Management LLC now owns 591,373 shares of the restaurant operator’s stock valued at $4,240,000 after buying an additional 360,450 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Bloomin’ Brands by 6.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,395 shares of the restaurant operator’s stock valued at $333,000 after buying an additional 2,622 shares in the last quarter. Millennium Management LLC increased its position in Bloomin’ Brands by 123.1% in the 1st quarter. Millennium Management LLC now owns 2,299,778 shares of the restaurant operator’s stock valued at $16,489,000 after buying an additional 1,268,988 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Bloomin’ Brands by 4.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,048,497 shares of the restaurant operator’s stock worth $7,518,000 after buying an additional 43,329 shares during the period.

Bloomin’ Brands Price Performance

BLMN opened at $10.95 on Friday. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.26 and a quick ratio of 0.19. The company has a market capitalization of $937.43 million, a price-to-earnings ratio of 35.32, a P/E/G ratio of 7.96 and a beta of 1.22. The firm’s fifty day moving average price is $8.43 and its two-hundred day moving average price is $7.22. Bloomin’ Brands, Inc. has a 1 year low of $5.19 and a 1 year high of $12.63.

Bloomin’ Brands (NASDAQ:BLMN) last announced its earnings results on Wednesday, August 5th. The restaurant operator reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.10. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1 billion. Bloomin’ Brands had a return on equity of 30.43% and a net margin of 0.70%.The business’s revenue was up 1.3% compared to the same quarter last year. During the same period last 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, analysts anticipate that Bloomin’ Brands, Inc. will post 0.94 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BLMN has been the topic of several recent research reports. The Goldman Sachs Group increased 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. Barclays upped their target price on Bloomin’ Brands from $7.00 to $9.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Wall Street Zen upgraded Bloomin’ Brands from a “hold” rating to a “buy” rating in a report on Saturday. JPMorgan Chase & Co. lowered shares of Bloomin’ Brands from a “neutral” rating to an “underweight” rating and set a $6.00 price target for the company. in a research note on Friday, April 24th. Finally, Citigroup lowered their price objective on shares of Bloomin’ Brands from $9.50 to $8.75 and set a “neutral” rating on the stock in a report on Friday, July 24th. Nine investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $9.53.

Bloomin’ Brands 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.