12:03 PM EST, 11/11/2025 (MT Newswires) -- Texas Roadhouse ( TXRH ) has received an investment from privately held BlackBird Financial, which said Tuesday it has acquired a "meaningful stake" in the restaurant chain.

Terms of the investment were not disclosed.

In a statement, BlackBird founder Judah Spinner said the market is "currently underestimating" the long-term potential of Texas Roadhouse ( TXRH ).

"We actively seek out businesses that possess structural advantages and the necessary discipline to reinvest capital at high rates of return," Spinner said.

Texas Roadhouse ( TXRH ) shares were 0.8% higher in recent trading.

Price: 163.04, Change: +1.29, Percent Change: +0.80