The Cheesecake Factory Incorporated $CAKE Stock Sold by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC reduced its holdings in shares of The Cheesecake Factory Incorporated (NASDAQ:CAKE) by 31.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,762 shares of the restaurant operator’s stock after selling 13,725 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Cheesecake Factory were worth $3,132,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. SBI Securities Co. Ltd. boosted its stake in shares of Cheesecake Factory by 28.2% during the 3rd quarter. SBI Securities Co. Ltd. now owns 1,146 shares of the restaurant operator’s stock worth $121,000 after acquiring an additional 252 shares during the last quarter. Root Financial Partners LLC bought a new stake in shares of Cheesecake Factory during the 3rd quarter valued at $35,000. Carolina Wealth Advisors LLC purchased a new stake in shares of Cheesecake Factory in the 3rd quarter worth $36,000. NFSG Corp increased its stake in shares of Cheesecake Factory by 115.8% in the 1st quarter. NFSG Corp now owns 682 shares of the restaurant operator’s stock worth $37,000 after purchasing an additional 366 shares in the last quarter. Finally, Swiss National Bank increased its stake in shares of Cheesecake Factory by 0.4% in the 1st quarter. Swiss National Bank now owns 93,700 shares of the restaurant operator’s stock worth $5,130,000 after purchasing an additional 400 shares in the last quarter. 94.48% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Oppenheimer raised their target price on Cheesecake Factory from $101.00 to $122.00 and gave the stock an “outperform” rating in a report on Tuesday, October 6th. JPMorgan Chase & Co. boosted their price target on Cheesecake Factory from $92.00 to $105.00 and gave the company a “neutral” rating in a report on Wednesday, August 26th. Freedom Capital upgraded Cheesecake Factory from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 28th. UBS Group upped their price target on Cheesecake Factory from $60.00 to $80.00 and gave the stock a “sell” rating in a research report on Friday, October 23rd. Finally, Robert W. Baird raised their price objective on Cheesecake Factory from $105.00 to $120.00 and gave the stock a “neutral” rating in a research note on Thursday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $95.47.

Cheesecake Factory Price Performance

Shares of NASDAQ:CAKE opened at $109.67 on Thursday. The Cheesecake Factory Incorporated has a 1-year low of $43.07 and a 1-year high of $118.63. The company has a market capitalization of $5.47 billion, a P/E ratio of 25.99, a P/E/G ratio of 1.56 and a beta of 1.14. The firm’s 50 day simple moving average is $107.80 and its two-hundred day simple moving average is $81.73.

Cheesecake Factory (NASDAQ:CAKE) last posted its quarterly earnings results on Tuesday, October 27th. The restaurant operator reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.06. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.01 billion. Cheesecake Factory had a net margin of 5.20% and a return on equity of 44.53%. The company’s revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.66 earnings per share. On average, sell-side analysts anticipate that The Cheesecake Factory Incorporated will post 4.71 earnings per share for the current fiscal year.

Cheesecake Factory Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 24th. Investors of record on Tuesday, November 10th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $1.20 annualized dividend and a yield of 1.1%. Cheesecake Factory’s dividend payout ratio is currently 28.44%.

Cheesecake Factory News Roundup

These are some of the CAKE news items that stood out recently:

• Positive Sentiment: Zacks Research raised its estimates across several upcoming quarters. It increased its FY2026 EPS forecast from $4.36 to $4.69, close to the cited $4.68 consensus, and its FY2028 forecast from $5.29 to $5.56. The analyst also raised estimates for multiple 2027 and 2028 quarters, signaling a more favorable earnings outlook. MarketBeat CAKE coverage
• Neutral Sentiment: A new Cheesecake Factory location opened at West County Mall, adding a local expansion update, though the report did not detail its expected financial impact. New location report
• Neutral Sentiment: The Cheesecake Factory Bakery president announced his retirement after 30 years. The announcement provides no details on a successor or expected business impact. Bakery president retirement announcement

Insider Activity

In other Cheesecake Factory news, Director Janice L. Meyer sold 1,958 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $109.36, for a total transaction of $214,126.88. Following the sale, the director directly owned 21,251 shares of the company’s stock, valued at $2,324,009.36. This trade represents a 8.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Scarlett May sold 2,939 shares of the firm’s stock in a transaction dated Thursday, October 29th. The shares were sold at an average price of $114.12, for a total value of $335,398.68. Following the sale, the executive vice president directly owned 15,302 shares in the company, valued at approximately $1,746,264.24. This represents a 16.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 29,154 shares of company stock worth $3,298,256. 8.00% of the stock is currently owned by corporate insiders.

Cheesecake Factory Company Profile

The Cheesecake Factory Incorporated (NASDAQ: CAKE) is a restaurant company that operates and licenses restaurants under several brands. Its portfolio includes The Cheesecake Factory, North Italia and restaurants developed by Fox Restaurant Concepts, such as Flower Child and Culinary Dropout. The company’s restaurants serve a range of dishes, including appetizers, entrees and desserts. Its bakery division produces cheesecakes and other baked goods for its restaurants and for foodservice and retail customers.