BNP Paribas Financial Markets Reduces Position in Brinker International, Inc. $EAT

BNP Paribas Financial Markets trimmed its holdings in shares of Brinker International, Inc. (NYSE:EAT) by 81.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 81,624 shares of the restaurant operator’s stock after selling 368,840 shares during the quarter. BNP Paribas Financial Markets’ holdings in Brinker International were worth $11,715,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Allworth Financial LP increased its position in shares of Brinker International by 58.5% during the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after acquiring an additional 83 shares during the last quarter. Rezny Wealth Management Inc. increased its holdings in Brinker International by 0.8% in the fourth quarter. Rezny Wealth Management Inc. now owns 11,738 shares of the restaurant operator’s stock valued at $1,685,000 after buying an additional 92 shares during the last quarter. Salomon & Ludwin LLC increased its holdings in Brinker International by 45.1% in the fourth 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 last quarter. New Age Alpha Advisors LLC increased its holdings in Brinker International by 4.8% in the fourth quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator’s stock valued at $294,000 after buying an additional 94 shares during the last quarter. Finally, Aurora Investment Counsel increased its holdings in Brinker International by 2.2% in the third quarter. Aurora Investment Counsel now owns 7,119 shares of the restaurant operator’s stock valued at $902,000 after buying an additional 152 shares during the last quarter.

Brinker International Stock Down 0.1%

NYSE:EAT opened at $140.26 on Monday. The firm has a market capitalization of $6.02 billion, a PE ratio of 13.75, a price-to-earnings-growth ratio of 1.01 and a beta of 1.27. The stock has a 50 day moving average of $142.79 and a 200-day moving average of $147.53. Brinker International, Inc. has a 52 week low of $100.30 and a 52 week high of $187.12. The company has a current ratio of 0.40, a quick ratio of 0.35 and a debt-to-equity ratio of 1.05.

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

Analysts Set New Price Targets

Several brokerages recently weighed in on EAT. DA Davidson began coverage on Brinker International in a report on Friday, March 6th. They issued a “neutral” rating and a $155.00 price objective for the company. Barclays boosted their price objective on Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Weiss Ratings lowered Brinker International from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 22nd. Zacks Research lowered Brinker International from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Finally, TD Cowen lowered their price objective on Brinker International from $188.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Fourteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.