Capricorn Fund Managers Ltd Purchases New Stake in Brinker International, Inc. $EAT

Capricorn Fund Managers Ltd purchased a new stake in shares of Brinker International, Inc. (NYSE:EAT) in the first quarter, Holdings Channel reports. The firm purchased 34,000 shares of the restaurant operator’s stock, valued at approximately $4,854,000.

Other institutional investors have also recently bought and sold shares of the company. Aquatic Capital Management LLC grew its holdings in shares of Brinker International by 48.3% during the third quarter. Aquatic Capital Management LLC now owns 101,282 shares of the restaurant operator’s stock valued at $12,830,000 after buying an additional 32,991 shares during the last quarter. Dynamic Technology Lab Private Ltd lifted its position in Brinker International by 53.8% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 41,823 shares of the restaurant operator’s stock valued at $5,298,000 after acquiring an additional 14,622 shares in the last quarter. Victory Capital Management Inc. lifted its position in Brinker International by 319.9% in the 3rd quarter. Victory Capital Management Inc. now owns 93,499 shares of the restaurant operator’s stock valued at $11,844,000 after acquiring an additional 71,232 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Brinker International by 2.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 975,039 shares of the restaurant operator’s stock valued at $123,541,000 after purchasing an additional 18,935 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Brinker International by 29.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 168,467 shares of the restaurant operator’s stock worth $21,342,000 after purchasing an additional 37,947 shares in the last quarter.

Brinker International Price Performance

Shares of NYSE:EAT opened at $168.40 on Wednesday. The company’s 50-day moving average is $147.03 and its 200 day moving average is $149.88. 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 company has a market capitalization of $7.22 billion, a P/E ratio of 16.51, a price-to-earnings-growth ratio of 1.20 and a beta of 1.27. Brinker International, Inc. has a fifty-two week low of $100.30 and a fifty-two week high of $187.12.

Brinker International (NYSE:EAT) last posted its quarterly earnings data 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. The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.47 billion. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The firm’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter last year, the company posted $2.66 earnings per share. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. On average, equities research analysts forecast that Brinker International, Inc. will post 10.75 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on EAT. Zacks Research lowered Brinker International from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. DA Davidson initiated coverage on Brinker International in a report on Friday, March 6th. They set a “neutral” rating and a $155.00 price target for 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 research report on Thursday, April 30th. Morgan Stanley lifted their price objective on shares of Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, Wolfe Research initiated coverage on shares of Brinker International in a research note on Monday, March 9th. They issued an “outperform” rating and a $184.00 price objective for the company. Fourteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target 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.