OP Asset Management Ltd Invests $3.36 Million in Brinker International, Inc. $EAT

OP Asset Management Ltd purchased a new stake in Brinker International, Inc. (NYSE:EAT) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 23,526 shares of the restaurant operator’s stock, valued at approximately $3,359,000. OP Asset Management Ltd owned approximately 0.05% of Brinker International at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in EAT. Vanguard Group Inc. increased its stake in Brinker International by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 4,819,397 shares of the restaurant operator’s stock worth $691,680,000 after acquiring an additional 73,346 shares during the period. UBS Group AG grew its holdings in shares of Brinker International by 103.2% during the 4th quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator’s stock worth $427,066,000 after purchasing an additional 1,511,266 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Brinker International by 27.7% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,393,604 shares of the restaurant operator’s stock worth $176,542,000 after purchasing an additional 301,912 shares in the last quarter. Balyasny Asset Management L.P. increased its position in shares of Brinker International by 667.5% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator’s stock worth $163,938,000 after purchasing an additional 993,435 shares during the period. Finally, Capital World Investors increased its position in shares of Brinker International by 96.5% in the fourth quarter. Capital World Investors now owns 1,137,863 shares of the restaurant operator’s stock worth $163,306,000 after purchasing an additional 558,799 shares during the period.

Analyst Ratings Changes

EAT has been the subject of a number of analyst reports. Wolfe Research assumed coverage on Brinker International in a research note on Monday, March 9th. They issued an “outperform” rating and a $184.00 price target for the company. KeyCorp raised shares of Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 target price on the stock in a report on Thursday, April 2nd. Barclays boosted their target price on shares of Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Weiss Ratings upgraded shares of Brinker International from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 16th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Brinker International from $187.00 to $190.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. Fourteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $185.11.

Brinker International Stock Down 1.0%

Shares of NYSE EAT opened at $171.69 on Friday. The company has a 50 day simple moving average of $146.50 and a 200 day simple moving average of $149.41. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.40 and a quick ratio of 0.35. Brinker International, Inc. has a 1 year low of $100.30 and a 1 year high of $187.12. The firm has a market cap of $7.36 billion, a PE ratio of 16.83, a price-to-earnings-growth ratio of 1.23 and a beta of 1.27.

Brinker International (NYSE:EAT) last posted its earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share for the quarter, topping analysts’ consensus estimates of $2.85 by $0.05. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.47 billion. During the same period in the previous year, the firm posted $2.66 EPS. The company’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, research analysts forecast that Brinker International, Inc. will post 10.75 EPS for the current year.

About Brinker International

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.