Maverick Capital Ltd. Invests $251,000 in Cracker Barrel Old Country Store, Inc. $CBRL

Maverick Capital Ltd. bought a new stake in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRLFree Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 8,935 shares of the restaurant operator’s stock, valued at approximately $251,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd bought a new stake in Cracker Barrel Old Country Store during the 3rd quarter valued at about $26,000. Hilton Head Capital Partners LLC purchased a new stake in Cracker Barrel Old Country Store in the 4th quarter valued at about $35,000. Canada Pension Plan Investment Board bought a new position in Cracker Barrel Old Country Store in the 2nd quarter worth about $37,000. PNC Financial Services Group Inc. grew its stake in Cracker Barrel Old Country Store by 22.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,783 shares of the restaurant operator’s stock worth $50,000 after acquiring an additional 321 shares in the last quarter. Finally, CWM LLC increased its position in shares of Cracker Barrel Old Country Store by 85.1% during the fourth quarter. CWM LLC now owns 2,345 shares of the restaurant operator’s stock worth $60,000 after acquiring an additional 1,078 shares during the period. 96.01% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Bank of America lifted their price target on shares of Cracker Barrel Old Country Store from $34.00 to $40.00 in a research note on Monday, June 15th. Wall Street Zen upgraded Cracker Barrel Old Country Store from a “strong sell” rating to a “hold” rating in a report on Saturday, June 13th. Argus lifted their target price on Cracker Barrel Old Country Store from $40.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, June 11th. 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, Weiss Ratings upgraded Cracker Barrel Old Country Store from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, July 8th. One 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 issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $48.14.

View Our Latest Analysis on CBRL

Cracker Barrel Old Country Store Trading Up 5.1%

NASDAQ:CBRL opened at $56.55 on Thursday. Cracker Barrel Old Country Store, Inc. has a one year low of $24.85 and a one year high of $64.88. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.19 and a current ratio of 0.50. The firm has a market cap of $1.26 billion, a P/E ratio of 48.75 and a beta of 1.20. The firm has a 50-day simple moving average of $45.70 and a 200-day simple moving average of $35.77.

Cracker Barrel Old Country Store (NASDAQ:CBRLGet Free Report) last announced its quarterly earnings results on Tuesday, June 9th. The restaurant operator reported $0.29 earnings per share for the quarter, topping the consensus estimate of ($0.45) by $0.74. The firm had revenue of $797.37 million during the quarter, compared to analysts’ expectations of $776.69 million. Cracker Barrel Old Country Store had a net margin of 0.79% and a return on equity of 2.78%. The company’s revenue was down 2.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.56 EPS. Equities analysts anticipate that Cracker Barrel Old Country Store, Inc. will post -0.28 EPS for the current fiscal year.

Cracker Barrel Old Country Store Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 12th. Shareholders of record on Friday, July 17th will be issued a dividend of $0.25 per share. The ex-dividend date is Friday, July 17th. This represents a $1.00 dividend on an annualized basis and a yield of 1.8%. Cracker Barrel Old Country Store’s dividend payout ratio is currently 86.21%.

Key Cracker Barrel Old Country Store News

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

About Cracker Barrel Old Country Store

(Free Report)

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

Institutional Ownership by Quarter for Cracker Barrel Old Country Store (NASDAQ:CBRL)

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