SCHEDULE 13G: LSV Asset Management Discloses 5.29% Stake in Jack in the Box Inc.

LSV Asset Management has filed a Schedule 13G, revealing a significant passive ownership stake of 5.29% in Jack in the Box Inc.'s Class A Common Stock as of March 31, 2025.

Summary

• LSV Asset Management, a Delaware-based investment adviser, has reported beneficial ownership of 998,197 shares of Jack in the Box Inc.'s Class A Common Stock.
• This stake represents 5.29% of the total outstanding Class A Common Stock.
• LSV Asset Management holds sole voting power over 675,368 shares and sole dispositive power over all 998,197 shares.
• The filing indicates that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of Jack in the Box Inc.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive as it indicates an institutional investor has taken a significant passive stake, which can be interpreted as a vote of confidence in the company.

Positives

• The disclosure of a significant stake by an institutional investment adviser like LSV Asset Management can signal confidence in the company's valuation or future prospects.
• The acquisition of shares in the ordinary course of business suggests a long-term investment perspective rather than an activist intent.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11." Josh O'Donnell, Chief Compliance Officer, LSV Asset Management

Industry Context

Jack in the Box Inc. operates in the retail eating places sector, a highly competitive segment of the restaurant industry. The filing indicates an institutional investor's position in a company within this sector.

Stakeholder Impact

• Shareholders: The disclosure of a new significant institutional investor may positively influence market perception and potentially the stock price, signaling increased institutional interest and confidence in Jack in the Box Inc.

Key Dates

Keywords

Jack in the Box Inc., LSV Asset Management, Schedule 13G, Beneficial Ownership, Class A Common Stock, Institutional Investor, SEC Filing, Restaurant Industry, Fast Food