Federated Hermes Inc. Has $25.98 Million Stock Holdings in CAVA Group, Inc. $CAVA

Federated Hermes Inc. lowered its holdings in shares of CAVA Group, Inc. (NYSE:CAVA) by 40.7% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 429,975 shares of the company’s stock after selling 294,880 shares during the period. Federated Hermes Inc.’s holdings in CAVA Group were worth $25,975,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp raised its position in CAVA Group by 5.0% in the second quarter. State Street Corp now owns 2,543,335 shares of the company’s stock valued at $214,225,000 after purchasing an additional 122,163 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of CAVA Group by 16.2% in the second quarter. Geode Capital Management LLC now owns 1,622,898 shares of the company’s stock valued at $136,715,000 after buying an additional 226,785 shares during the period. Alliancebernstein L.P. increased its stake in shares of CAVA Group by 58.7% in the second quarter. Alliancebernstein L.P. now owns 1,353,058 shares of the company’s stock valued at $113,968,000 after buying an additional 500,367 shares during the period. Champlain Investment Partners LLC raised its holdings in CAVA Group by 108.3% in the 2nd quarter. Champlain Investment Partners LLC now owns 1,351,955 shares of the company’s stock valued at $113,875,000 after buying an additional 703,020 shares during the last quarter. Finally, Franklin Resources Inc. boosted its position in CAVA Group by 8.6% during the 2nd quarter. Franklin Resources Inc. now owns 1,082,183 shares of the company’s stock worth $91,152,000 after buying an additional 85,834 shares during the period. Institutional investors own 73.15% of the company’s stock.

CAVA Group Stock Down 3.9%

NYSE CAVA opened at $60.56 on Friday. CAVA Group, Inc. has a 12-month low of $43.41 and a 12-month high of $144.49. The company’s 50 day moving average is $59.75 and its 200-day moving average is $64.44. The firm has a market cap of $7.02 billion, a P/E ratio of 52.21, a price-to-earnings-growth ratio of 4.48 and a beta of 2.41.

CAVA Group (NYSE:CAVA) last posted its earnings results on Tuesday, November 4th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.01). The firm had revenue of $292.24 million for the quarter, compared to the consensus estimate of $292.88 million. CAVA Group had a return on equity of 8.88% and a net margin of 12.14%.The business’s revenue was up 19.9% on a year-over-year basis. During the same period last year, the company posted $0.15 EPS. Equities analysts expect that CAVA Group, Inc. will post 0.5 EPS for the current year.

Insider Buying and Selling at CAVA Group

In other news, CFO Tricia K. Tolivar sold 2,404 shares of the business’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $62.14, for a total transaction of $149,384.56. Following the completion of the transaction, the chief financial officer owned 231,934 shares of the company’s stock, valued at approximately $14,412,378.76. The trade was a 1.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Brett Schulman sold 21,650 shares of the firm’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $67.41, for a total transaction of $1,459,426.50. Following the completion of the sale, the chief executive officer directly owned 807,325 shares in the company, valued at $54,421,778.25. This represents a 2.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 42,843 shares of company stock valued at $2,764,355 over the last 90 days. Insiders own 6.80% of the company’s stock.

Wall Street Analysts Forecast Growth

CAVA has been the topic of a number of recent research reports. Telsey Advisory Group started coverage on shares of CAVA Group in a report on Friday, January 9th. They set an “outperform” rating and a $85.00 price target on the stock. Johnson Rice set a $72.00 target price on shares of CAVA Group in a research note on Monday, January 5th. Barclays lifted their price objective on shares of CAVA Group from $52.00 to $70.00 and gave the company an “equal weight” rating in a report on Wednesday, January 7th. Truist Financial increased their price objective on shares of CAVA Group from $66.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. Finally, UBS Group raised their target price on CAVA Group from $58.00 to $66.00 and gave the company a “neutral” rating in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, CAVA Group presently has an average rating of “Moderate Buy” and an average target price of $81.57.

Trending Headlines about CAVA Group

Here are the key news stories impacting CAVA Group this week:

• Positive Sentiment: Institutional buying and analyst support — large investors (including Goldman Sachs and UBS asset management) have increased stakes recently and some sell‑side firms (Barclays, UBS) have raised or maintained price targets, which provides a counterbalance to short‑term selling. CAVA Stock Looking for Direction After Earnings Miss
• Neutral Sentiment: Elevated retail/investor interest — Zacks flags heavier search activity for CAVA, which can increase intraday volume and volatility but doesn’t directly change fundamentals. Investors Heavily Search CAVA Group
• Negative Sentiment: Clustered insider selling — CEO Brett Schulman sold 4,542 shares (~$282k), CFO Tricia Tolivar sold 2,404 shares (~$149k) and several other officers (including Kelly Costanza, Theodoros Xenohristos, Kenneth Bertram and CAO Adam Phillips) sold additional shares on Jan. 27, totaling ~11.5k shares (~$710k). The concentrated timing and size of these officer sales is being read negatively by traders even though insiders retain large holdings. How CEO Stock Sale And Softer Earnings Views At CAVA Group Have Changed Its Investment Story
• Negative Sentiment: Confirmed CAO sale filing — CAO Adam David Phillips sold 774 shares at ~$62.14 per share (Form 4 disclosure). The filings provide exact trade details that market participants use to assess intent. CAVA CAO Adam David Phillips Sells 774 Shares
• Negative Sentiment: Softer near‑term earnings/growth view — CAVA missed consensus on its last quarterly EPS and analysts are tempering near‑term forecasts (consensus FY EPS remains modest), which amplifies negative reaction to insider sales. CAVA Stock Looking for Direction After Earnings Miss

CAVA Group Profile

CAVA Group, Inc (NYSE: CAVA) is a leading fast-casual restaurant company specializing in Mediterranean-inspired cuisine. Operating under the CAVA brand, the company offers customizable bowls, pitas and salads built around a variety of proteins, grains, fresh vegetables and house-made spreads. With a focus on high-quality ingredients and made-to-order preparation, CAVA aims to deliver a casual yet elevated dining experience for dine-in, takeout and catering customers.

Founded in 2011 in the Washington, DC metro area by Ike Grigoropoulos, Dimitri Katsanis and Brett Schulman, CAVA has pursued an aggressive growth strategy that included the 2018 acquisition of Zoe’s Kitchen.