Easterly Investment Partners LLC Buys Shares of 80,593 Brinker International, Inc. $EAT

Easterly Investment Partners LLC bought a new stake in shares of Brinker International, Inc. (NYSE:EAT) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 80,593 shares of the restaurant operator’s stock, valued at approximately $11,567,000. Easterly Investment Partners LLC owned about 0.19% of Brinker International at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd bought a new position in shares of Brinker International during the 3rd quarter valued at $25,000. Allworth Financial LP lifted its holdings in shares of Brinker International by 58.5% during the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock valued at $28,000 after buying an additional 83 shares during the period. Salomon & Ludwin LLC lifted its holdings in shares of Brinker International by 45.1% during the 4th quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock valued at $45,000 after buying an additional 93 shares during the period. First Horizon Corp lifted its holdings in shares of Brinker International by 116.0% during the 4th quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock valued at $48,000 after buying an additional 181 shares during the period. Finally, Global Retirement Partners LLC lifted its holdings in shares of Brinker International by 1,233.3% during the 4th quarter. Global Retirement Partners LLC now owns 360 shares of the restaurant operator’s stock valued at $52,000 after buying an additional 333 shares during the period.

Brinker International Trading Down 0.1%

Shares of EAT stock opened at $142.22 on Monday. Brinker International, Inc. has a 52-week low of $100.30 and a 52-week high of $187.12. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.35 and a current ratio of 0.40. The firm has a market capitalization of $6.10 billion, a PE ratio of 13.94, a PEG ratio of 1.02 and a beta of 1.27. The stock has a fifty day simple moving average of $143.51 and a two-hundred day simple moving average of $146.64.

Brinker International (NYSE:EAT) last issued its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.85 by $0.05. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.47 billion. During the same quarter in the prior year, the business posted $2.66 EPS. Brinker International’s revenue for the quarter was up 3.2% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. On average, analysts predict that Brinker International, Inc. will post 10.75 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Barclays increased their price target on Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Wolfe Research assumed coverage on Brinker International in a report on Monday, March 9th. They set an “outperform” rating and a $184.00 price target on the stock. JPMorgan Chase & Co. increased their price target on Brinker International from $187.00 to $190.00 and gave the company an “overweight” rating in a report on Monday, March 16th. Weiss Ratings cut Brinker International from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 22nd. Finally, Citigroup lowered their price target on Brinker International from $190.00 to $186.00 and set a “buy” rating on the stock in a report on Monday, April 13th. Fourteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $185.11.

Brinker International Profile

Brinker International, Inc (NYSE: EAT) is a leading global operator of casual dining restaurants. The company’s portfolio is anchored by its flagship Chili’s® Grill & Bar concept and Maggiano’s® Little Italy full‐service restaurants, offering a range of American‐style menu items, handcrafted cocktails and family‐friendly dining experiences. Through dine‐in, takeout, delivery and catering services, Brinker seeks to meet consumer preferences across multiple channels.

The Chili’s brand features signature items such as baby back ribs, burgers and fajitas alongside a rotating selection of limited‐time offerings and seasonal beverages.