Bessemer Group Inc. Boosts Position in Brinker International, Inc. $EAT

Bessemer Group Inc. raised its position in Brinker International, Inc. (NYSE:EAT) by 15.8% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 75,839 shares of the restaurant operator’s stock after acquiring an additional 10,352 shares during the quarter. Bessemer Group Inc.’s holdings in Brinker International were worth $10,828,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. UBS Group AG grew its stake 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 valued at $427,066,000 after purchasing an additional 1,511,266 shares during the period. Balyasny Asset Management L.P. increased its position in shares of Brinker International by 667.5% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator’s stock valued at $163,938,000 after purchasing an additional 993,435 shares during the last quarter. Norges Bank bought a new position in shares of Brinker International in the 4th quarter worth approximately $83,603,000. Congress Asset Management Co. bought a new position in shares of Brinker International in the 4th quarter worth approximately $80,518,000. Finally, Capital World Investors boosted its holdings 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 buying an additional 558,799 shares during the last quarter.

Key Brinker International News

Here are the key news stories impacting Brinker International this week:

• Positive Sentiment: Stephens initiated coverage on Brinker International with an overweight rating and a $220 price target, signaling meaningful upside from current levels.
• Positive Sentiment: Wells Fargo also raised its price target on Brinker International to $220 from $200 and kept an overweight rating, reinforcing the bullish analyst outlook. Benzinga report on Wells Fargo price target raise
• Positive Sentiment: KeyCorp lifted its price target to $204, adding to the cluster of positive analyst revisions for EAT.
• Positive Sentiment: Zacks highlighted Brinker as an incredible growth stock and said the company could beat earnings estimates again, which supports investor confidence ahead of the next report. Zacks growth-stock article
• Positive Sentiment: Another Zacks article noted Brinker’s strong earnings surprise history and favorable setup for another quarterly beat, which can be a catalyst for the shares. Zacks earnings beat article
• Neutral Sentiment: Coverage from market commentary on Brinker versus other consumer cyclical names helped keep the stock in focus, but it did not appear to materially change the investment thesis. The Globe and Mail analyst coverage article

Brinker International Stock Down 0.0%

EAT stock opened at $189.28 on Monday. Brinker International, Inc. has a twelve month low of $100.30 and a twelve month high of $192.20. The company has a quick ratio of 0.35, a current ratio of 0.40 and a debt-to-equity ratio of 1.05. The stock has a market cap of $8.12 billion, a P/E ratio of 18.56, a PEG ratio of 1.17 and a beta of 1.24. The business’s 50-day moving average price is $156.45 and its 200-day moving average price is $152.91.

Brinker International (NYSE:EAT) last released 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 company had revenue of $1.47 billion during the quarter, compared to analyst estimates 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 period in the prior year, the firm posted $2.66 EPS. 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 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. 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. Barclays increased their price target on shares of Brinker International from $170.00 to $175.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 30th. Morgan Stanley lifted their price target on shares of Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. TD Cowen cut their price objective on shares of Brinker International from $188.00 to $170.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Finally, Stephens started coverage on Brinker International in a research note on Friday. They issued an “overweight” rating and a $220.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Brinker International currently has an average rating of “Moderate Buy” and a consensus target price of $189.20.

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.