Vanguard Capital Management Reports 5.15% Passive Stake In BJ's Restaurants

The investment adviser holds 1,095,704 shares of the restaurant chain, with sole voting power over 159,831 of them.

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Vanguard Capital Management Reports 5.15% Passive Stake In BJ's Restaurants

Vanguard Capital Management, an investment adviser, holds 1,095,704 shares of BJ's Restaurants, or 5.15% of the common stock, according to a passive ownership disclosure filed Friday with the SEC. The filing lists September 30 as the event date.

Voting power on a fraction of the stake

Vanguard Capital Management has sole voting power over 159,831 of the shares and shared voting power over none, the filing shows. It classes itself as an investment adviser.

The firm certified that the shares were bought and are held in the ordinary course of business, not to change or influence control of BJ's Restaurants. It said its position also covers holdings of certain Vanguard affiliates and Vanguard funds, or portions of them, over which it exercises dispositive power, meaning the power to decide on sales. The filing adds that no other person's interest in the securities exceeds 5%.

A Pizookie chain ahead of earnings

BJ's Restaurants, based in Huntington Beach, California, owns and operates full-service restaurants with a menu of about 90 items, including deep-dish pizza, wings and its Pizookie dessert. As of February 27, 2026, it ran 219 restaurants in 31 states, according to its annual report.

The chain launched a limited-time Nutella banana Pizookie on October 29. BJRI shares traded at $62.87 in Friday trading, down about 0.65% from the prior close of $63.28, for a market value of about $1.3 billion.

Earnings due November 5

BJ's is due to report quarterly results on November 5. Zacks consensus calls for earnings of $0.14 per share on revenue of $344.65 million, up 4.4% from a year earlier.

BJ's reports quarterly results on November 5.

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