• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SCHEDULE 13G filed by Portillo's Inc.

    5/15/25 11:37:17 AM ET
    $PTLO
    Restaurants
    Consumer Discretionary
    Get the next $PTLO alert in real time by email



    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549


    SCHEDULE 13G


    UNDER THE SECURITIES EXCHANGE ACT OF 1934
    Portillo's Inc

    (Name of Issuer)


    Class A Common Stock

    (Title of Class of Securities)


    73642K106

    (CUSIP Number)


    03/31/2025

    (Date of Event Which Requires Filing of this Statement)


    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
    Checkbox checked   Rule 13d-1(b)
    Checkbox not checked   Rule 13d-1(c)
    Checkbox not checked   Rule 13d-1(d)






    SCHEDULE 13G

    CUSIP No.
    73642K106


    1Names of Reporting Persons

    Ameriprise Financial, Inc.
    2Check the appropriate box if a member of a Group (see instructions)

    Checkbox not checked  (a)
    Checkbox checked  (b)
    3Sec Use Only
    4Citizenship or Place of Organization

    DELAWARE
    Number of Shares Beneficially Owned by Each Reporting Person With:
    5Sole Voting Power

    0.00
    6Shared Voting Power

    3,405,179.00
    7Sole Dispositive Power

    0.00
    8Shared Dispositive Power

    3,413,669.00
    9Aggregate Amount Beneficially Owned by Each Reporting Person

    3,413,669.00
    10Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

    Checkbox not checked
    11Percent of class represented by amount in row (9)

    5.3 %
    12Type of Reporting Person (See Instructions)

    HC


    SCHEDULE 13G

    CUSIP No.
    73642K106


    1Names of Reporting Persons

    Columbia Management Investment Advisers, LLC
    2Check the appropriate box if a member of a Group (see instructions)

    Checkbox not checked  (a)
    Checkbox checked  (b)
    3Sec Use Only
    4Citizenship or Place of Organization

    MINNESOTA
    Number of Shares Beneficially Owned by Each Reporting Person With:
    5Sole Voting Power

    0.00
    6Shared Voting Power

    3,405,179.00
    7Sole Dispositive Power

    0.00
    8Shared Dispositive Power

    3,411,776.00
    9Aggregate Amount Beneficially Owned by Each Reporting Person

    3,411,776.00
    10Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

    Checkbox not checked
    11Percent of class represented by amount in row (9)

    5.3 %
    12Type of Reporting Person (See Instructions)

    IA


    SCHEDULE 13G

    Item 1. 
    (a)Name of issuer:

    Portillo's Inc
    (b)Address of issuer's principal executive offices:

    2001 Spring Road, Suite 400, Oak Brook, Illinois 60523
    Item 2. 
    (a)Name of person filing:

    (a) Ameriprise Financial, Inc. ("AFI") (b) Columbia Management Investment Advisers, LLC ("CMIA")
    (b)Address or principal business office or, if none, residence:

    (a) 145 Ameriprise Financial Center, Minneapolis, MN 55474 (b) 290 Congress Street, Boston, MA 02210
    (c)Citizenship:

    (a) Delaware (b) Minnesota
    (d)Title of class of securities:

    Class A Common Stock
    (e)CUSIP No.:

    73642K106
    Item 3.If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
    (a)Checkbox not checked   Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
    (b)Checkbox not checked   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
    (c)Checkbox not checked   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
    (d)Checkbox not checked   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
    (e)Checkbox not checked   An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
    (f)Checkbox not checked   An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
    (g)Checkbox checked   A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
    (h)Checkbox not checked   A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
    (i)Checkbox not checked   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
    (j)Checkbox not checked   A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
           please specify the type of institution:
    (k)Checkbox not checked   Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
     
    Item 4.Ownership
    (a)Amount beneficially owned:

    Incorporated by reference to Items (5)-(9) and (11) of the cover page pertaining to each reporting person. AFI, as the parent company of CMIA, may be deemed to beneficially own the shares reported herein by CMIA. Accordingly, the shares reported herein by AFI include those shares separately reported herein by CMIA. Each of AFI and CMIA disclaims beneficial ownership of any shares reported on this Schedule.
    (b)Percent of class:

    The information required by Item 4(b) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.
    (c)Number of shares as to which the person has:
     (i) Sole power to vote or to direct the vote:

    The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.

     (ii) Shared power to vote or to direct the vote:

    The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.

     (iii) Sole power to dispose or to direct the disposition of:

    The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.

     (iv) Shared power to dispose or to direct the disposition of:

    The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person.

    Item 5.Ownership of 5 Percent or Less of a Class.
     
    Item 6.Ownership of more than 5 Percent on Behalf of Another Person.
     
    Not Applicable
    Item 7.Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
     
    If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.


    AFI: See Exhibit I
    Item 8.Identification and Classification of Members of the Group.
     
    Not Applicable
    Item 9.Notice of Dissolution of Group.
     
    Not Applicable

    Item 10.Certifications:
     
    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.

        SIGNATURE 
     
    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     
    Ameriprise Financial, Inc.
     
    Signature:/s/ Michael G. Clarke
    Name/Title:Michael G. Clarke, Senior Vice President, North America Head of Operations & Investor Services
    Date:05/15/2025
     
    Columbia Management Investment Advisers, LLC
     
    Signature:/s/ Michael G. Clarke
    Name/Title:Michael G. Clarke, Senior Vice President, North America Head of Operations & Investor Services
    Date:05/15/2025

    Comments accompanying signature:   Contact Information Charles Chiesa VP Fund Treasurer Global Operations and Investor Services Telephone: 617-385-9593 Exhibit Index Exhibit I Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company. Exhibit II Joint Filing Agreement
    Get the next $PTLO alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $PTLO

    DatePrice TargetRatingAnalyst
    4/7/2025$12.00Outperform → Neutral
    Robert W. Baird
    1/27/2025$13.00 → $16.00Hold → Buy
    Stifel
    11/6/2024$13.00Buy → Hold
    Stifel
    10/7/2024$13.00Overweight → Equal-Weight
    Stephens
    4/12/2024$20.00Overweight
    Stephens
    11/10/2023$20.00Overweight
    Stephens
    10/11/2023$26.00 → $19.00Overweight → Equal-Weight
    Morgan Stanley
    7/17/2023$27.00 → $28.00Overweight
    Morgan Stanley
    More analyst ratings

    $PTLO
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Portillo's downgraded by Robert W. Baird with a new price target

      Robert W. Baird downgraded Portillo's from Outperform to Neutral and set a new price target of $12.00

      4/7/25 11:57:25 AM ET
      $PTLO
      Restaurants
      Consumer Discretionary
    • Portillo's upgraded by Stifel with a new price target

      Stifel upgraded Portillo's from Hold to Buy and set a new price target of $16.00 from $13.00 previously

      1/27/25 7:48:02 AM ET
      $PTLO
      Restaurants
      Consumer Discretionary
    • Portillo's downgraded by Stifel with a new price target

      Stifel downgraded Portillo's from Buy to Hold and set a new price target of $13.00

      11/6/24 6:20:46 AM ET
      $PTLO
      Restaurants
      Consumer Discretionary

    $PTLO
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Hartung Jack bought $929,450 worth of shares (72,500 units at $12.82) (SEC Form 4)

      4 - Portillo's Inc. (0001871509) (Issuer)

      3/14/25 4:28:08 PM ET
      $PTLO
      Restaurants
      Consumer Discretionary

    $PTLO
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Portillo's Adds Veteran Restaurant Leader Gene Lee to Board of Directors

      CHICAGO, June 16, 2025 (GLOBE NEWSWIRE) -- Portillo's (NASDAQ:PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced the appointment of Eugene I. Lee, Jr., a respected veteran of the restaurant industry and award-winning foodservice leader, to Portillo's Board of Directors, effective immediately. "Gene has dedicated his career to the restaurant industry," said Mike Miles, Chairman of the Board of Portillo's. "His rise from bussing tables to running the world's premier casual-dining company gives him an understanding of all facets of the business, from how to run a great shift to how to best position brands for growth in new markets. He has

      6/16/25 7:00:00 AM ET
      $PTLO
      Restaurants
      Consumer Discretionary
    • Portillo's Inc. to Participate in June Investor Conferences

      OAK BROOK, Ill., May 28, 2025 (GLOBE NEWSWIRE) -- Portillo's Inc. (NASDAQ:PTLO) ("Portillo's" or "The Company"), the fast-casual restaurant concept known for its menu of American classics with a Chicago twist, today announced that Portillo's leadership will appear at the following investor conferences: On Tuesday, June 3, 2025, CFO Michelle Hook will present at William Blair's 45th Annual Growth Stock Conference at 12:20 p.m. Eastern Time. A copy of the presentation used will be made available at investors.portillos.com. The Company will also host in-person investor meetings during the conference.On Wednesday, June 4, 2025, CFO Michelle Hook will host a fireside chat at Baird's 2025 Globa

      5/28/25 6:00:00 AM ET
      $PTLO
      Restaurants
      Consumer Discretionary
    • Portillo's Inc. Announces First Quarter Financial Results

      CHICAGO, May 06, 2025 (GLOBE NEWSWIRE) -- Portillo's Inc. ("Portillo's" or the "Company") (NASDAQ:PTLO), the restaurant concept known for its menu of Chicago-style favorites, today reported financial results for the first quarter ended March 30, 2025. Financial Highlights for the First Quarter 2025 vs. First Quarter 2024: Total revenue increased 6.4% or $10.6 million to $176.4 million;Same-restaurant sales increased 1.8%;Operating income increased $0.3 million to $10.4 million;Net income decreased $1.4 million to $4.0 million;Restaurant-Level Adjusted EBITDA(1) increased $0.3 million to $36.7 million; andAdjusted EBITDA(1) decreased $0.6 millio

      5/6/25 8:00:00 AM ET
      $PTLO
      Restaurants
      Consumer Discretionary

    $PTLO
    SEC Filings

    See more
    • Portillo's Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - Portillo's Inc. (0001871509) (Filer)

      6/16/25 7:04:14 AM ET
      $PTLO
      Restaurants
      Consumer Discretionary
    • Portillo's Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

      8-K - Portillo's Inc. (0001871509) (Filer)

      6/13/25 2:06:23 PM ET
      $PTLO
      Restaurants
      Consumer Discretionary
    • SEC Form 144 filed by Portillo's Inc.

      144 - Portillo's Inc. (0001871509) (Subject)

      5/19/25 9:47:10 PM ET
      $PTLO
      Restaurants
      Consumer Discretionary

    $PTLO
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • New insider Lee Eugene I Jr claimed ownership of 9,706 shares (SEC Form 3)

      3 - Portillo's Inc. (0001871509) (Issuer)

      6/20/25 2:39:13 PM ET
      $PTLO
      Restaurants
      Consumer Discretionary
    • Chief Development Officer Ellis Michael K was granted 383 shares and covered exercise/tax liability with 9 shares, increasing direct ownership by 0.76% to 49,461 units (SEC Form 4)

      4 - Portillo's Inc. (0001871509) (Issuer)

      6/3/25 4:55:44 PM ET
      $PTLO
      Restaurants
      Consumer Discretionary
    • President & CEO Osanloo Michael was granted 383 shares and covered exercise/tax liability with 11 shares, increasing direct ownership by 0.72% to 51,997 units (SEC Form 4)

      4 - Portillo's Inc. (0001871509) (Issuer)

      6/3/25 4:55:25 PM ET
      $PTLO
      Restaurants
      Consumer Discretionary

    $PTLO
    Financials

    Live finance-specific insights

    See more
    • Portillo's Inc. Announces First Quarter Financial Results

      CHICAGO, May 06, 2025 (GLOBE NEWSWIRE) -- Portillo's Inc. ("Portillo's" or the "Company") (NASDAQ:PTLO), the restaurant concept known for its menu of Chicago-style favorites, today reported financial results for the first quarter ended March 30, 2025. Financial Highlights for the First Quarter 2025 vs. First Quarter 2024: Total revenue increased 6.4% or $10.6 million to $176.4 million;Same-restaurant sales increased 1.8%;Operating income increased $0.3 million to $10.4 million;Net income decreased $1.4 million to $4.0 million;Restaurant-Level Adjusted EBITDA(1) increased $0.3 million to $36.7 million; andAdjusted EBITDA(1) decreased $0.6 millio

      5/6/25 8:00:00 AM ET
      $PTLO
      Restaurants
      Consumer Discretionary
    • Engaged Capital Nominates Two Highly Qualified, Independent Candidates for Election to Portillo's Board of Directors

      Nominates Charlie Morrison, Who Delivered Total Shareholder Returns of ~760% During His Tenure as CEO of Wingstop, and Nicole Portwood, an Experienced Marketing Executive and Former CMO of Tito's Handmade Vodka, to Company's Board Nominees Possess Necessary Restaurant Operations and Marketing Experience to Drive Greater Urgency on Enhancing Company Performance Engaged Capital, LLC (together with certain of its affiliates, "Engaged" or "we"), which beneficially owns approximately 8.6% of the outstanding Class A common stock of Portillo's Inc. (NASDAQ:PTLO) ("Portillo's" or the "Company"), today announced that it has nominated two highly qualified, independent candidates for election to t

      3/3/25 9:00:00 AM ET
      $LYV
      $PEP
      $PTLO
      $RAVE
      Services-Misc. Amusement & Recreation
      Consumer Discretionary
      Beverages (Production/Distribution)
      Consumer Staples
    • Portillo's Inc. Announces Fourth Quarter and Fiscal Year 2024 Financial Results

      CHICAGO, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Portillo's Inc. ("Portillo's" or the "Company") (NASDAQ:PTLO), the restaurant concept known for its menu of Chicago-style favorites, today reported financial results for the fourth quarter and fiscal year ended December 29, 2024. "We ended the year with solid momentum, supported by key initiatives that will drive our long-term growth," said Michael Osanloo, President and Chief Executive Officer of Portillo's. "As we head into 2025, we're focused on accelerating traffic, enhancing operational excellence, and expanding our geographic footprint to deliver value to our team members, guests and shareholders." Finan

      2/25/25 8:00:00 AM ET
      $PTLO
      Restaurants
      Consumer Discretionary