JPMorgan Chase & Co. Has $264,000 Holdings in Bloomin' Brands, Inc. $BLMN

Key Points

• JPMorgan Chase & Co. cut its stake in Bloomin' Brands by 91.1% in Q3, selling 375,917 shares and leaving it with 36,791 shares valued at about $264,000 at the end of the reporting period.
• Insider Rohit Lal bought 10,000 shares on March 11 at $5.69 each, raising his holdings to 30,156 shares (a 49.61% increase); insiders now own about 1.18% of the company.
• Analysts are largely cautious—eight Hold and one Sell produce an overall average rating of "Reduce" with a $8.44 target; Bloomin' Brands reported a slight EPS beat ($0.26 vs. $0.25), provided Q1 and FY2026 EPS guidance, but revenue modestly missed estimates.

JPMorgan Chase & Co. lessened its stake in Bloomin' Brands, Inc. (NASDAQ:BLMN - Free Report) by 91.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,791 shares of the restaurant operator's stock after selling 375,917 shares during the quarter. JPMorgan Chase & Co.'s holdings in Bloomin' Brands were worth $264,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Bloomin' Brands by 83,825.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,357 shares of the restaurant operator's stock valued at $29,000 after buying an additional 3,353 shares during the period. Lazard Asset Management LLC lifted its position in shares of Bloomin' Brands by 178.1% in the second quarter. Lazard Asset Management LLC now owns 10,378 shares of the restaurant operator's stock worth $88,000 after purchasing an additional 6,646 shares in the last quarter. Tidal Investments LLC bought a new stake in shares of Bloomin' Brands in the second quarter worth $99,000. FORA Capital LLC bought a new stake in shares of Bloomin' Brands in the third quarter worth $94,000. Finally, Amundi bought a new stake in shares of Bloomin' Brands in the second quarter worth $116,000.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Weiss Ratings reissued a "sell (d)" rating on shares of Bloomin' Brands in a research report on Friday, March 27th. Citigroup boosted their price objective on shares of Bloomin' Brands from $6.75 to $7.00 and gave the stock a "neutral" rating in a research report on Thursday, February 26th. Eight equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Bloomin' Brands currently has an average rating of "Reduce" and an average target price of $8.44.

Insiders Place Their Bets

In other news, Director Rohit Lal bought 10,000 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were acquired at an average cost of $5.69 per share, for a total transaction of $56,900.00. Following the completion of the acquisition, the director owned 30,156 shares in the company, valued at approximately $171,587.64. This represents a 49.61% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.18% of the company's stock.

Bloomin' Brands Stock Performance

Shares of BLMN stock opened at $6.55 on Thursday. The company's fifty day simple moving average is $6.04 and its 200-day simple moving average is $6.64. The company has a quick ratio of 0.24, a current ratio of 0.31 and a debt-to-equity ratio of 2.34. The firm has a market cap of $558.26 million, a PE ratio of 65.51, a P/E/G ratio of 2.89 and a beta of 1.12. Bloomin' Brands, Inc. has a 12 month low of $5.19 and a 12 month high of $10.70.

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The restaurant operator reported $0.26 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.01. The business had revenue of $975.22 million for the quarter, compared to analyst estimates of $980.64 million. Bloomin' Brands had a net margin of 0.21% and a return on equity of 26.26%. The firm's revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.38 earnings per share. Bloomin' Brands has set its Q1 2026 guidance at 0.570-0.620 EPS and its FY 2026 guidance at 0.750-0.900 EPS. Equities research analysts expect that Bloomin' Brands, Inc. will post 1.8 EPS for the current fiscal year.

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.

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