Arrowstreet Capital Limited Partnership Reduces Stock Holdings in Brinker International, Inc. $EAT

Arrowstreet Capital Limited Partnership trimmed its holdings in shares of Brinker International, Inc. (NYSE:EAT) by 16.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,160,920 shares of the restaurant operator’s stock after selling 232,684 shares during the quarter. Arrowstreet Capital Limited Partnership owned 2.67% of Brinker International worth $166,615,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EAT. Caitong International Asset Management Co. Ltd acquired a new stake in Brinker International during the 3rd quarter worth about $25,000. Transamerica Financial Advisors LLC lifted its position in Brinker International by 570.4% during the 4th quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock worth $26,000 after acquiring an additional 154 shares during the period. Allworth Financial LP lifted its position in Brinker International by 58.5% during the 3rd 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 period. Salomon & Ludwin LLC lifted its holdings in shares of Brinker International by 45.1% in 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. Finally, First Horizon Corp lifted its holdings in shares of Brinker International by 116.0% in 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.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Brinker International from $187.00 to $190.00 and gave the company an “overweight” rating in a report on Monday, March 16th. Zacks Research cut Brinker International from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. KeyCorp raised Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 price objective for the company in a report on Thursday, April 2nd. Weiss Ratings cut Brinker International from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 22nd. Finally, Wolfe Research assumed coverage on Brinker International in a report on Monday, March 9th. They issued an “outperform” rating and a $184.00 price objective for the company. Fourteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $185.11.

Brinker International Price Performance

EAT stock opened at $156.12 on Tuesday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.40 and a quick ratio of 0.35. The business has a 50 day simple moving average of $144.33 and a 200-day simple moving average of $148.33. The firm has a market capitalization of $6.70 billion, a PE ratio of 15.31, a price-to-earnings-growth ratio of 1.14 and a beta of 1.27. Brinker International, Inc. has a 1 year low of $100.30 and a 1 year high of $187.12.

Brinker International (NYSE:EAT) last posted its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share (EPS) for the quarter, beating 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 period in the prior year, the business earned $2.66 earnings per share. The business’s revenue 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. Equities research analysts anticipate that Brinker International, Inc. will post 10.75 earnings per share for the current fiscal year.

Brinker International Company 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.