Burney Co. Purchases 6,464 Shares of Brinker International, Inc. $EAT

Burney Co. grew its position in shares of Brinker International, Inc. (NYSE:EAT) by 59.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,402 shares of the restaurant operator’s stock after acquiring an additional 6,464 shares during the period. Burney Co.’s holdings in Brinker International were worth $2,484,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Swedbank AB purchased a new position in Brinker International during the 1st quarter valued at about $3,855,000. Integrated Advisors Network LLC lifted its holdings in Brinker International by 357.3% in the 1st quarter. Integrated Advisors Network LLC now owns 7,550 shares of the restaurant operator’s stock worth $1,078,000 after buying an additional 5,899 shares during the period. HB Wealth Management LLC bought a new stake in shares of Brinker International in the 1st quarter worth approximately $217,000. Y Intercept Hong Kong Ltd grew its position in shares of Brinker International by 857.4% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 27,525 shares of the restaurant operator’s stock worth $3,930,000 after buying an additional 24,650 shares during the last quarter. Finally, Capricorn Fund Managers Ltd purchased a new position in shares of Brinker International during the first quarter valued at approximately $4,854,000.

Brinker International Stock Performance

Shares of EAT stock opened at $175.43 on Wednesday. Brinker International, Inc. has a one year low of $100.30 and a one year high of $181.72. The company’s 50-day moving average is $149.90 and its 200 day moving average is $150.98. The company has a market capitalization of $7.52 billion, a price-to-earnings ratio of 17.20, a price-to-earnings-growth ratio of 1.09 and a beta of 1.24. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.35 and a current ratio of 0.40.

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

Wall Street Analyst Weigh In

EAT has been the subject of a number of recent analyst reports. Barclays upped their target price on Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. TD Cowen reduced their price objective on shares of Brinker International from $188.00 to $170.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Zacks Research lowered shares of Brinker International from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. KeyCorp raised shares of Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 target price for the company in a research report on Thursday, April 2nd. Finally, Weiss Ratings raised shares of Brinker International from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 16th. Fourteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from 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.