United Capital Financial Advisors LLC Takes $527,000 Position in Bloomin’ Brands, Inc. $BLMN

United Capital Financial Advisors LLC bought a new position in shares of Bloomin’ Brands, Inc. (NASDAQ:BLMN) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 57,630 shares of the restaurant operator’s stock, valued at approximately $527,000. United Capital Financial Advisors LLC owned about 0.07% of Bloomin’ Brands as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of BLMN. Public Employees Retirement System of Ohio purchased a new position in Bloomin’ Brands in the second quarter valued at about $135,000. Corient Private Wealth LP purchased a new position in shares of Bloomin’ Brands during the 2nd quarter valued at approximately $114,000. Bank of America Corp DE acquired a new stake in shares of Bloomin’ Brands during the second quarter worth approximately $1,797,000. Man Group plc acquired a new stake in shares of Bloomin’ Brands during the second quarter worth approximately $450,000. Finally, Invst LLC bought a new stake in shares of Bloomin’ Brands in the second quarter worth $1,585,000.

Bloomin’ Brands Stock Down 2.6%

BLMN stock opened at $10.30 on Tuesday. The firm has a market cap of $881.89 million, a price-to-earnings ratio of 33.23, a PEG ratio of 2.73 and a beta of 1.22. Bloomin’ Brands, Inc. has a 1-year low of $5.19 and a 1-year 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 debt-to-equity ratio of 1.62, a current ratio of 0.25 and a quick ratio of 0.18.

Bloomin’ Brands (NASDAQ:BLMN) last posted its quarterly earnings results on Wednesday, August 5th. The restaurant operator reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.10. Bloomin’ Brands had a net margin of 0.70% and a return on equity of 28.95%. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1 billion. During the same period last year, the firm posted $0.32 EPS. The company’s revenue for the quarter was up 1.3% on a year-over-year basis. 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. Research analysts predict that Bloomin’ Brands, Inc. will post 0.98 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on BLMN shares. Sanford C. Bernstein set a $9.00 target price on shares of Bloomin’ Brands in a research report on Thursday, May 7th. Zacks Research raised shares of Bloomin’ Brands from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. Barclays lifted their price target on Bloomin’ Brands from $7.00 to $9.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. The Goldman Sachs Group boosted their price objective on Bloomin’ Brands from $6.00 to $8.50 and gave the company a “neutral” rating in a report on Thursday, May 7th. Finally, Wall Street Zen raised Bloomin’ Brands from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Bloomin’ Brands presently has a consensus rating of “Hold” and an average price target of $9.75.

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.