State of Alaska Department of Revenue Grows Position in Cracker Barrel Old Country Store, Inc. $CBRL

State of Alaska Department of Revenue boosted its stake in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 7.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,258 shares of the restaurant operator’s stock after purchasing an additional 924 shares during the period. State of Alaska Department of Revenue owned approximately 0.06% of Cracker Barrel Old Country Store worth $809,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CBRL. GAMMA Investing LLC grew its position in Cracker Barrel Old Country Store by 1,901.6% during the 1st quarter. GAMMA Investing LLC now owns 47,438 shares of the restaurant operator’s stock worth $1,842,000 after purchasing an additional 45,068 shares during the last quarter. Wedge Capital Management L L P NC boosted its holdings in shares of Cracker Barrel Old Country Store by 42.7% in the 1st quarter. Wedge Capital Management L L P NC now owns 43,766 shares of the restaurant operator’s stock valued at $1,699,000 after acquiring an additional 13,100 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in shares of Cracker Barrel Old Country Store by 23.8% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 13,829 shares of the restaurant operator’s stock valued at $537,000 after acquiring an additional 2,661 shares during the last quarter. Capital Investment Counsel Inc boosted its holdings in shares of Cracker Barrel Old Country Store by 53.2% in the 1st quarter. Capital Investment Counsel Inc now owns 28,442 shares of the restaurant operator’s stock valued at $1,104,000 after acquiring an additional 9,875 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in shares of Cracker Barrel Old Country Store by 2.9% in the 1st quarter. Principal Financial Group Inc. now owns 110,895 shares of the restaurant operator’s stock valued at $4,305,000 after acquiring an additional 3,075 shares during the last quarter. Hedge funds and other institutional investors own 96.01% of the company’s stock.

Cracker Barrel Old Country Store Stock Performance

NASDAQ:CBRL opened at $43.32 on Tuesday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.21 and a current ratio of 0.50. The company has a fifty day moving average of $53.44 and a two-hundred day moving average of $53.17. The stock has a market capitalization of $964.69 million, a PE ratio of 20.93 and a beta of 1.32. Cracker Barrel Old Country Store, Inc. has a fifty-two week low of $33.85 and a fifty-two week high of $71.93.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last posted its quarterly earnings data on Wednesday, September 17th. The restaurant operator reported $0.74 earnings per share for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.03). The company had revenue of $868.01 million for the quarter, compared to analyst estimates of $853.90 million. Cracker Barrel Old Country Store had a return on equity of 15.48% and a net margin of 1.33%.The business’s revenue was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.98 earnings per share. Cracker Barrel Old Country Store has set its FY 2026 guidance at EPS. As a group, research analysts forecast that Cracker Barrel Old Country Store, Inc. will post 2.76 earnings per share for the current fiscal year.

Cracker Barrel Old Country Store Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Friday, October 17th will be given a dividend of $0.25 per share. The ex-dividend date is Friday, October 17th. This represents a $1.00 dividend on an annualized basis and a yield of 2.3%. Cracker Barrel Old Country Store’s dividend payout ratio is currently 48.31%.

Analysts Set New Price Targets

Several research firms have recently commented on CBRL. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Cracker Barrel Old Country Store in a report on Saturday, September 27th. Citigroup dropped their price objective on shares of Cracker Barrel Old Country Store from $47.00 to $42.00 and set a “sell” rating on the stock in a report on Thursday, September 18th. Wall Street Zen downgraded shares of Cracker Barrel Old Country Store from a “hold” rating to a “strong sell” rating in a report on Saturday, September 20th. UBS Group reaffirmed a “neutral” rating and issued a $69.00 price objective (up from $60.00) on shares of Cracker Barrel Old Country Store in a report on Monday, July 14th. Finally, Zacks Research downgraded shares of Cracker Barrel Old Country Store from a “hold” rating to a “strong sell” rating in a report on Friday, September 19th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $52.14.

Cracker Barrel Old Country Store Profile

Cracker Barrel Old Country Store, Inc develops and operates the Cracker Barrel Old Country Store concept in the United States. Its Cracker Barrel stores consist of restaurants with a gift shop. The company's restaurants serve breakfast, lunch, and dinner daily, as well as dine-in, pick-up, and delivery services.