Maverick Capital Ltd. purchased a new stake in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL – Free Report) in the 1st quarter, HoldingsChannel reports. The fund purchased 8,935 shares of the restaurant operator’s stock, valued at approximately $251,000.
A number of other institutional investors have also modified their holdings of the company. Maxi Investments CY Ltd bought a new position in shares of Cracker Barrel Old Country Store during the 4th quarter worth approximately $1,168,000. UBS Group AG lifted its position in Cracker Barrel Old Country Store by 50.3% during the fourth quarter. UBS Group AG now owns 292,220 shares of the restaurant operator’s stock valued at $7,422,000 after acquiring an additional 97,761 shares during the last quarter. Jupiter Asset Management Ltd. boosted its stake in Cracker Barrel Old Country Store by 173.6% in the fourth quarter. Jupiter Asset Management Ltd. now owns 155,530 shares of the restaurant operator’s stock valued at $3,950,000 after acquiring an additional 98,686 shares in the last quarter. Fifth Third Bancorp boosted its stake in Cracker Barrel Old Country Store by 5,188.7% in the first quarter. Fifth Third Bancorp now owns 29,405 shares of the restaurant operator’s stock valued at $827,000 after acquiring an additional 28,849 shares in the last quarter. Finally, GFS Advisors LLC purchased a new position in Cracker Barrel Old Country Store in the fourth quarter worth $508,000. 96.01% of the stock is currently owned by institutional investors.
Cracker Barrel Old Country Store News Summary
Here are the key news stories impacting Cracker Barrel Old Country Store this week:
- Positive Sentiment: New CEO may restore confidence: Julie Masino is stepping down after nearly three years as CEO, and former Yum! Brands executive David Deno will succeed her. Investors may view Deno’s restaurant-industry experience as a potential catalyst for improving execution, customer traffic and the company’s public image. Cracker Barrel CEO steps down a year after logo debacle
- Positive Sentiment: Momentum and valuation screens remain supportive: Zacks highlighted CBRL’s strong recent performance and included the stock in a “Fast-Paced Momentum at a Bargain” screen. Other Zacks analysis examined whether the shares remain undervalued and whether they are outperforming retail and wholesale peers, reinforcing the bullish momentum narrative. Fast-paced Momentum Stock Cracker Barrel Is Still Trading at a Bargain
- Neutral Sentiment: Stock has already re-rated significantly: CBRL was reported to be up more than 110% year to date, meaning the leadership transition is occurring after a major rally. That creates potential for continued optimism if Deno delivers, but also raises expectations and the risk of profit-taking. Cracker Barrel Stock Doubled in 2026
- Negative Sentiment: CEO departure carries financial and reputational costs: Masino will receive approximately $4.63 million in severance, while Cracker Barrel will continue covering her security costs for as long as the board considers reasonably necessary. The payments add expense and underscore the fallout from the failed rebrand. Cracker Barrel to pay outgoing CEO’s security and severance
- Negative Sentiment: Core restaurant execution remains a concern: Recent commentary argued that food quality and the customer experience—not just the logo—remain problems. This suggests the turnaround will require operational improvements, and the CEO transition alone may not resolve weak results. Cracker Barrel visit shows food is the problem
Cracker Barrel Old Country Store Stock Up 5.1%
Cracker Barrel Old Country Store (NASDAQ:CBRL – Get Free Report) last issued its quarterly earnings results on Tuesday, June 9th. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.45) by $0.74. The business had revenue of $797.37 million for the quarter, compared to analyst estimates of $776.69 million. Cracker Barrel Old Country Store had a net margin of 0.79% and a return on equity of 2.78%. Cracker Barrel Old Country Store’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.56 EPS. Analysts anticipate that Cracker Barrel Old Country Store, Inc. will post -0.28 EPS for the current year.
Cracker Barrel Old Country Store Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 12th. Investors of record on Friday, July 17th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Friday, July 17th. Cracker Barrel Old Country Store’s dividend payout ratio is presently 86.21%.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on the company. Freedom Capital raised Cracker Barrel Old Country Store to a “strong-buy” rating in a research report on Monday, April 6th. Wells Fargo & Company raised their price objective on Cracker Barrel Old Country Store from $50.00 to $60.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 22nd. Benchmark restated a “hold” rating on shares of Cracker Barrel Old Country Store in a research note on Wednesday, June 10th. Piper Sandler reaffirmed a “neutral” rating and set a $51.00 target price on shares of Cracker Barrel Old Country Store in a research report on Wednesday, July 22nd. Finally, Argus increased their price target on Cracker Barrel Old Country Store from $40.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $48.14.
Read Our Latest Analysis on Cracker Barrel Old Country Store
Cracker Barrel Old Country Store Profile
Cracker Barrel Old Country Store, Inc operates a distinctive combination of country-themed restaurants and retail stores across the United States. Since its founding in 1969, the company has focused on providing a nostalgic dining experience reminiscent of Southern hospitality, serving breakfast, lunch and dinner with an emphasis on traditional comfort foods.
The restaurant segment offers an extensive menu featuring signature items such as buttermilk pancakes, country ham, biscuits and gravy, meatloaf and pot roast.
Further Reading
- Five stocks we like better than Cracker Barrel Old Country Store
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
Want to see what other hedge funds are holding CBRL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL – Free Report).
Receive News & Ratings for Cracker Barrel Old Country Store Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cracker Barrel Old Country Store and related companies with MarketBeat.com's FREE daily email newsletter.
