Sei Investments Co. Buys 92,786 Shares of Bloomin' Brands, Inc. $BLMN

Key Points

• Sei Investments increased its Bloomin’ Brands stake by 22.2%, purchasing 92,786 shares to reach 511,351 shares valued at approximately $2.76 million. Other institutional investors, including Dimensional Fund Advisors, also expanded their positions.
• Analysts remain cautious: nine rate BLMN as “Hold” and one as “Sell,” producing a consensus “Reduce” rating and an average price target of $9.53, below the stock’s $10.95 opening price.
• Bloomin’ Brands exceeded quarterly expectations with $0.39 EPS versus $0.29 forecast and $1.02 billion in revenue, up 1.3% year over year. The company guided to fiscal 2026 EPS of $0.90–$1.00.

Sei Investments Co. lifted its stake in shares of Bloomin' Brands, Inc. (NASDAQ:BLMN - Free Report) by 22.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 511,351 shares of the restaurant operator's stock after buying an additional 92,786 shares during the period. Sei Investments Co. owned about 0.60% of Bloomin' Brands worth $2,762,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Cetera Investment Advisers acquired a new position in Bloomin' Brands in the 1st quarter worth about $92,000. Commonwealth Financial Services LLC acquired a new stake in shares of Bloomin' Brands during the first quarter valued at about $81,000. Dimensional Fund Advisors LP grew its holdings in shares of Bloomin' Brands by 84.9% during the first quarter. Dimensional Fund Advisors LP now owns 2,208,122 shares of the restaurant operator's stock worth $11,924,000 after purchasing an additional 1,013,953 shares during the last quarter. Chicago Partners Investment Group LLC bought a new stake in shares of Bloomin' Brands during the first quarter worth about $56,000. Finally, Fifth Third Bancorp increased its stake in shares of Bloomin' Brands by 3,683.7% in the first quarter. Fifth Third Bancorp now owns 21,870 shares of the restaurant operator's stock valued at $118,000 after buying an additional 21,292 shares during the period.

Wall Street Analysts Forecast Growth

Several research firms recently commented on BLMN. Morgan Stanley lifted their target price on shares of Bloomin' Brands from $8.00 to $12.00 and gave the stock an "equal weight" rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $11.00 price target on shares of Bloomin' Brands in a research report on Thursday. BMO Capital Markets reiterated a "market perform" rating and set a $12.00 price target on shares of Bloomin' Brands in a report on Thursday. The Goldman Sachs Group boosted their price objective on shares of Bloomin' Brands from $6.00 to $8.50 and gave the stock a "neutral" rating in a research note on Thursday, May 7th. Finally, Barclays increased their price objective on Bloomin' Brands from $7.00 to $9.00 and gave the company an "equal weight" rating in a report on Thursday, May 7th. Nine research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Reduce" and a consensus target price of $9.53.

Bloomin' Brands Stock Performance

Shares of BLMN opened at $10.95 on Friday. The company has a current ratio of 0.26, a quick ratio of 0.19 and a debt-to-equity ratio of 1.89. The stock has a market capitalization of $937.43 million, a P/E ratio of 35.32, a price-to-earnings-growth ratio of 7.96 and a beta of 1.22. The firm's fifty day simple moving average is $8.43 and its two-hundred day simple moving average is $7.22. Bloomin' Brands, Inc. has a 12 month low of $5.19 and a 12 month high of $12.63.

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The restaurant operator reported $0.39 earnings per share for the quarter, topping analysts' consensus estimates of $0.29 by $0.10. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate 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 business 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 predict that Bloomin' Brands, Inc. will post 0.94 EPS for the current 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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