AGP Franklin LLC Grows Position in Brinker International, Inc. $EAT

AGP Franklin LLC raised its stake in shares of Brinker International, Inc. (NYSE:EAT) by 298.5% in the 1st quarter, HoldingsChannel.com reports. The firm owned 13,934 shares of the restaurant operator’s stock after purchasing an additional 10,437 shares during the quarter. AGP Franklin LLC’s holdings in Brinker International were worth $1,989,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in EAT. Balboa Wealth Partners boosted its holdings in shares of Brinker International by 53.3% in the 1st quarter. Balboa Wealth Partners now owns 2,194 shares of the restaurant operator’s stock valued at $313,000 after purchasing an additional 763 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of Brinker International during the 1st quarter worth $15,221,000. Diversified Trust Co increased its holdings in shares of Brinker International by 57.8% during the 1st quarter. Diversified Trust Co now owns 4,392 shares of the restaurant operator’s stock worth $627,000 after buying an additional 1,609 shares during the last quarter. Hsbc Holdings PLC raised its position in shares of Brinker International by 155.9% in the 4th quarter. Hsbc Holdings PLC now owns 33,416 shares of the restaurant operator’s stock worth $4,803,000 after buying an additional 20,356 shares during the period. Finally, Invesco Ltd. raised its position in shares of Brinker International by 0.9% in the 4th quarter. Invesco Ltd. now owns 564,633 shares of the restaurant operator’s stock worth $81,036,000 after buying an additional 5,064 shares during the period.

Brinker International Price Performance

EAT stock opened at $164.51 on Tuesday. The company has a quick ratio of 0.35, a current ratio of 0.40 and a debt-to-equity ratio of 1.05. Brinker International, Inc. has a 52-week low of $100.30 and a 52-week high of $187.12. The stock’s 50 day moving average is $145.42 and its two-hundred day moving average is $148.67. The company has a market capitalization of $7.06 billion, a PE ratio of 16.13, a P/E/G ratio of 1.18 and a beta of 1.27.

Brinker International (NYSE:EAT) last announced its 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. The company had revenue of $1.47 billion for 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%.Brinker International’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.66 EPS. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. Analysts predict that Brinker International, Inc. will post 10.75 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on EAT shares. DA Davidson initiated coverage on Brinker International in a research report on Friday, March 6th. They set a “neutral” rating and a $155.00 price target for the company. Zacks Research lowered Brinker International from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. KeyCorp upgraded Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 price objective on the stock in a report on Thursday, April 2nd. Wolfe Research initiated coverage on Brinker International in a research note on Monday, March 9th. They issued an “outperform” rating and a $184.00 price objective on the stock. Finally, Citigroup decreased their target price on Brinker International from $190.00 to $186.00 and set a “buy” rating for the company in a report on Monday, April 13th. Fourteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $185.11.

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.