The Cheesecake Factory Incorporated $CAKE Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC lowered its holdings in The Cheesecake Factory Incorporated (NASDAQ:CAKE) by 72.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,577 shares of the restaurant operator’s stock after selling 70,478 shares during the period. Intech Investment Management LLC’s holdings in Cheesecake Factory were worth $1,452,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust grew its holdings in Cheesecake Factory by 39.2% in the 2nd quarter. Parkside Financial Bank & Trust now owns 632 shares of the restaurant operator’s stock valued at $40,000 after buying an additional 178 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Cheesecake Factory by 32.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,333 shares of the restaurant operator’s stock worth $83,000 after acquiring an additional 323 shares during the last quarter. CWM LLC grew its holdings in Cheesecake Factory by 36.7% in the third quarter. CWM LLC now owns 1,357 shares of the restaurant operator’s stock valued at $74,000 after purchasing an additional 364 shares during the period. Bayforest Capital Ltd raised its stake in Cheesecake Factory by 16.4% during the third quarter. Bayforest Capital Ltd now owns 1,568 shares of the restaurant operator’s stock worth $86,000 after purchasing an additional 221 shares during the period. Finally, Penserra Capital Management LLC acquired a new position in shares of Cheesecake Factory in the 2nd quarter valued at $137,000. 94.48% of the stock is currently owned by hedge funds and other institutional investors.

More Cheesecake Factory News

Here are the key news stories impacting Cheesecake Factory this week:

• Positive Sentiment: Zacks raised near-term and FY2026 estimates slightly — Q1 2026 was revised up to $1.03 from $0.99, Q3 2026 to $0.71 from $0.67, and FY2026 to $4.00 (from $3.99). These upward tweaks suggest some resilience in short-term operating trends. Zacks / MarketBeat summary
• Positive Sentiment: Zacks published a FY2028 EPS estimate of $4.78, signaling expectations for continued earnings recovery beyond FY2027 — a longer?term constructive datapoint for growth investors. Zacks / MarketBeat summary
• Neutral Sentiment: The Cheesecake Factory expanded menu offerings, which could help traffic and check sizes but is unlikely to move results immediately; viewed as an operational/marketing positive with gradual effect. The Cheesecake Factory’s already massive menu expands with more items
• Neutral Sentiment: An AOL comparison of happy-hour deals (Cheesecake Factory vs. Yard House) is consumer-facing coverage; useful for brand perception but unlikely to be a material earnings driver. Cheesecake Factory Vs Yard House: Which Chain Has Better Happy Hour Deals?
• Negative Sentiment: Zacks trimmed FY2027 and several quarterly forecasts — FY2027 cut to $4.22 from $4.38 and reductions across Q1–Q4 2027 and portions of 2026 (notably Q2 2026 from $1.26 to $1.20). Multiple downward revisions to next?year guidance likely weighed on sentiment because they reduce forward earnings visibility. Zacks / MarketBeat summary
• Negative Sentiment: Zacks also lowered several specific 2027 quarter estimates (Q1 2027 $1.09 from $1.13, Q2/Q3/Q4 tweaks) — these serial cuts can prompt short-term multiple compression as investors reprice CAKE against reduced near?term growth expectations. Zacks / MarketBeat summary

Analyst Upgrades and Downgrades

CAKE has been the subject of a number of research analyst reports. Raymond James Financial downgraded Cheesecake Factory from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 21st. UBS Group set a $53.00 target price on Cheesecake Factory and gave the company a “sell” rating in a report on Friday, February 20th. Citigroup boosted their price target on Cheesecake Factory from $72.00 to $74.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. Weiss Ratings upgraded Cheesecake Factory from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd. Finally, Mizuho set a $75.00 price objective on Cheesecake Factory in a research note on Thursday, February 19th. Six research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, Cheesecake Factory currently has an average rating of “Hold” and an average price target of $61.81.

Insider Buying and Selling

In other news, insider Ashley W. Hanscom sold 2,951 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $65.64, for a total value of $193,703.64. Following the completion of the sale, the insider owned 11,041 shares in the company, valued at approximately $724,731.24. This trade represents a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Alexander L. Cappello sold 635 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $63.74, for a total value of $40,474.90. Following the transaction, the director directly owned 6,171 shares in the company, valued at $393,339.54. This trade represents a 9.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 15,376 shares of company stock worth $1,010,219 over the last three months. 8.40% of the stock is currently owned by corporate insiders.

Cheesecake Factory Stock Performance

Shares of CAKE stock opened at $61.74 on Friday. The company’s fifty day simple moving average is $59.58 and its 200-day simple moving average is $55.22. The Cheesecake Factory Incorporated has a 52 week low of $42.69 and a 52 week high of $69.70. The company has a current ratio of 0.59, a quick ratio of 0.52 and a debt-to-equity ratio of 1.29. The company has a market cap of $3.08 billion, a PE ratio of 20.11, a P/E/G ratio of 1.63 and a beta of 0.97.

Cheesecake Factory (NASDAQ:CAKE) last posted its earnings results on Wednesday, February 18th. The restaurant operator reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.02. Cheesecake Factory had a net margin of 3.96% and a return on equity of 45.68%. The business had revenue of $961.56 million for the quarter, compared to analyst estimates of $949.03 million. During the same quarter in the previous year, the business posted $1.04 EPS. The business’s quarterly revenue was up 4.4% on a year-over-year basis. As a group, equities research analysts anticipate that The Cheesecake Factory Incorporated will post 3.71 EPS for the current year.

Cheesecake Factory Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Wednesday, March 4th will be paid a dividend of $0.30 per share. This is a boost from Cheesecake Factory’s previous quarterly dividend of $0.27. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Wednesday, March 4th. Cheesecake Factory’s payout ratio is presently 39.09%.

Cheesecake Factory Profile

The Cheesecake Factory Incorporated (NASDAQ:CAKE) is an American restaurant company and distributor renowned for its full-service casual-dining concept and specialty cheesecakes. Headquartered in Calabasas Hills, California, the company operates more than 200 restaurants under The Cheesecake Factory® brand across the United States, Puerto Rico and select international markets. In addition to sit-down dining, Cheesecake Factory franchised locations offer catering and take-out services, while a separate manufacturing arm supplies branded cheesecakes and desserts to supermarkets, hotels and other foodservice operators.

The origins of the brand trace back to a small cheesecake bakery founded in Detroit in the 1940s.