Portillo's (PTLO)

• Market cap: $543M
• 1 day: -3.56%
• 5 days: -8.65%
• 1 month: -18.53%
• 3 months: -35.71%
• 6 months: -11.36%
• Year to date: -44.56%
• 1 year: -45.12%
• 5 years: -70.24%
• 10 years: -70.24%
• Sector: Consumer Discretionary
• Industry: Eating Places

About: Portillos Inc serves the Chicago street food industry through high-energy and multichannel restaurants designed to ignite the senses and create memorable dining experiences. It owns and operates fast-casual restaurants in the United States, along with two food production commissaries in Illinois. Its menu includes hot dogs, beef and sausage sandwiches, sandwiches and ribs, salads, burgers, chicken, Barnelli's pasta, sides and soup, and desserts and shakes.

Employees: 8,180

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

72% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 39

47% more capital invested

Capital invested by funds: $503M [Q2] → $742M (+$239M) [Q3]

5.3% more ownership

Funds ownership: 84.07% [Q2] → 89.38% (+5.3%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

7% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 30

8% less call options, than puts

Call options by funds: $14.1M | Put options by funds: $15.4M

1% less funds holding

Funds holding: 178 [Q2] → 176 (-2) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $13 50% upside
• Avg. target: $13.50 56% upside
• High target: $14 62% upside

2 analyst ratings

• positive: 0 0%
• neutral: 2 100%
• negative: 0 0%

UBS Dennis Geiger 47% 1-year accuracy 9 / 19 met price target	62% upside $14	Neutral Maintained	6 Nov 2024
Stephens & Co. Jim Salera 23% 1-year accuracy 9 / 39 met price target	50% upside $13	Equal-Weight Reiterated	6 Nov 2024