Geode Capital Management LLC Sells 18,260 Shares of Brinker International, Inc. $EAT

Geode Capital Management LLC reduced its holdings in shares of Brinker International, Inc. (NYSE:EAT) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,060,367 shares of the restaurant operator’s stock after selling 18,260 shares during the quarter. Geode Capital Management LLC owned approximately 2.43% of Brinker International worth $152,208,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Allworth Financial LP lifted its holdings in Brinker International by 58.5% during the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after acquiring an additional 83 shares during the period. Rezny Wealth Management Inc. lifted its holdings in Brinker International by 0.8% during the fourth quarter. Rezny Wealth Management Inc. now owns 11,738 shares of the restaurant operator’s stock worth $1,685,000 after acquiring an additional 92 shares during the period. Salomon & Ludwin LLC lifted its holdings in Brinker International by 45.1% during the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock worth $45,000 after acquiring an additional 93 shares during the period. New Age Alpha Advisors LLC lifted its holdings in Brinker International by 4.8% during the fourth quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator’s stock worth $294,000 after acquiring an additional 94 shares during the period. Finally, Aurora Investment Counsel lifted its holdings in Brinker International by 2.2% during the third quarter. Aurora Investment Counsel now owns 7,119 shares of the restaurant operator’s stock worth $902,000 after acquiring an additional 152 shares during the period.

Brinker International Stock Performance

Shares of EAT opened at $136.54 on Friday. The firm has a market cap of $5.86 billion, a PE ratio of 13.39, a PEG ratio of 1.00 and a beta of 1.27. The stock’s fifty day moving average price is $142.92 and its two-hundred day moving average price is $147.39. 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.

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, beating the consensus estimate of $2.85 by $0.05. The firm 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%.The business’s revenue was up 3.2% on a year-over-year basis. During the same period in the previous 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 EPS for the current year.

Wall Street Analyst Weigh In

EAT has been the topic of a number of recent analyst reports. Barclays lifted their price target on Brinker International from $170.00 to $175.00 and gave the stock an “equal weight” rating in a report on Thursday, April 30th. KeyCorp upgraded Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 target price on the stock in a research note on Thursday, April 2nd. Morgan Stanley boosted their target price on Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. TD Cowen lowered their target price on Brinker International from $188.00 to $170.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Finally, Citigroup lowered their target price on Brinker International from $190.00 to $186.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company 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.