<div id="readability-page-1"><p>Franklin Resources Inc. lessened its stake in shares of  Bloomin' Brands, Inc. (NASDAQ:BLMN - Free Report) by 88.8% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 51,212 shares of the restaurant operator's stock after selling 404,370 shares during the quarter. Franklin Resources Inc. owned about 0.06% of Bloomin' Brands worth $441,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Bloomin' Brands</strong> alerts:</span></p></div><ul><li>3 High-Yield Bargains to Watch in 2025’s Second Half</li></ul><p>A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Intech Investment Management LLC lifted its position in  Bloomin' Brands by 395.3% during the second quarter. Intech Investment Management LLC now owns 258,356 shares of the restaurant operator's stock worth $2,224,000 after acquiring an additional 206,192 shares during the last quarter.  Kingsview Wealth Management LLC acquired a new position in shares of  Bloomin' Brands in the second quarter valued at approximately $794,000.  Wealth Enhancement Advisory Services LLC increased its stake in shares of  Bloomin' Brands by 58.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 33,445 shares of the restaurant operator's stock worth $288,000 after purchasing an additional 12,350 shares during the period.  Nisa Investment Advisors LLC increased its stake in shares of  Bloomin' Brands by 6,111.9% during the second quarter. Nisa Investment Advisors LLC now owns 41,620 shares of the restaurant operator's stock worth $358,000 after purchasing an additional 40,950 shares during the period.  Finally, XTX Topco Ltd acquired a new stake in  Bloomin' Brands during the 1st quarter worth approximately $136,000. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of research analysts have commented on the company. The Goldman Sachs Group raised Bloomin' Brands from a &#34;sell&#34; rating to a &#34;neutral&#34; rating and set a $7.00 price objective on the stock in a report on Friday, November 7th. Zacks Research raised shares of Bloomin' Brands from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research report on Friday, November 7th. Finally, Weiss Ratings  reaffirmed a &#34;sell (d)&#34; rating on shares of Bloomin' Brands in a research report on Monday, December 1st. Seven analysts have rated the stock with a Hold rating and two have issued  a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of &#34;Reduce&#34; and a consensus price target of $9.07.</p><ul><li>Bloomin’ Brands Stock Drops on Weak Guidance and Demand Concerns</li></ul><p><b>Check Out Our Latest Research Report on BLMN</b></p><h2>Bloomin' Brands Price Performance</h2><p>Shares of NASDAQ:BLMN opened at $7.00 on Tuesday. The firm has a 50 day moving average of $7.04 and a 200-day moving average of $7.76. Bloomin' Brands, Inc. has a 12 month low of $5.90 and a 12 month high of $13.25. The company has a current ratio of 0.45, a quick ratio of 0.38 and a debt-to-equity ratio of 2.77. The stock has a market capitalization of $596.54 million, a PE ratio of -10.45 and a beta of 1.14. </p><ul><li>4 Stocks That Boosted Their Bottom Line with Beef</li></ul><p>Bloomin' Brands (NASDAQ:BLMN - Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The restaurant operator reported ($0.03) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.12) by $0.09. Bloomin' Brands had a negative net margin of 1.46% and a positive return on equity of 33.92%. The business had revenue of $928.81 million for the quarter, compared to analysts' expectations of $905.59 million. During the same period last year, the firm posted $0.21 earnings per share. The firm's quarterly revenue was up 2.1% compared to the same quarter last year. Bloomin' Brands has set its FY 2025 guidance at 1.100-1.150 EPS and its Q4 2025 guidance at 0.230-0.280 EPS.  On average, equities research analysts predict that  Bloomin' Brands, Inc. will post 1.8 EPS for the current fiscal year. </p><h2>Insiders Place Their Bets</h2><p>In related news, EVP Patrick M. Hafner sold 4,256 shares of the company's stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $6.41, for a total transaction of $27,280.96. Following the completion of the sale, the executive vice president directly owned 8,000 shares in the company, valued at $51,280. This represents a 34.73% decrease in their position. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is available through this link. Also, EVP Eric C. Christel bought 150,000 shares of the firm's stock in a transaction on Monday, November 10th. The stock was acquired at an average price of $6.38 per share, for a total transaction of $957,000.00. Following the transaction, the executive vice president owned 150,000 shares of the company's stock, valued at approximately $957,000. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 3.00% of the stock is currently owned by insiders. </p><h2>About Bloomin' Brands</h2> (Free Report)<p>Bloomin' Brands, Inc engages in the acquisition, operation, design, and development of restaurant concepts. It operates through the U.S. and International geographical segments. The U.S. segment operates in the USA and Puerto Rico. The International segment operates in Brazil, South Korea, Hong Kong, and China.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Bloomin' Brands</li><li>Low PE Growth Stocks: Unlocking Investment Opportunities</li><li>What Dollar Tree’s Surge and Home Depot’s Slide Say About Consumer Health</li><li>Best Stocks Under $5.00</li><li>3 Stocks Most Likely to Split in 2026</li><li>Natural Gas Prices Continue To Rally, These Stocks Should Benefit</li><li>ChargePoint's Comeback Story: Why This EV Stock Is Charging Up Again</li></ul><p><strong>Want to see what other hedge funds are holding BLMN?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bloomin' Brands, Inc. (NASDAQ:BLMN - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QkxNTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QkxNTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Bloomin' Brands Right Now?</h2><p>Before you consider Bloomin' Brands, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bloomin' Brands wasn't on the list.</p><p>While Bloomin' Brands currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

BLMN

<p>Franklin Resources Inc. reduced its stake in Bloomin' Brands by 88.8%, selling 404,370 shares. Bloomin' Brands stock has a consensus 'Reduce' rating and a $9.07 price target. The company reported increased quarterly revenue and set future earnings guidance. Analysts forecast an EPS of 1.8 for the fiscal year. Insider trading activities were noted.</p>

Franklin Resources Inc. Sells 404,370 Shares of Bloomin' Brands, Inc. $BLMN