Arrowstreet Capital Limited Partnership Grows Stock Holdings in Brinker International, Inc. $EAT

Arrowstreet Capital Limited Partnership grew its holdings in Brinker International, Inc. (NYSE:EAT) by 0.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,170,612 shares of the restaurant operator’s stock after acquiring an additional 9,692 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Brinker International were worth $167,128,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. UBS Group AG increased its position 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 last quarter. Balyasny Asset Management L.P. increased its stake in Brinker International by 667.5% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator’s stock worth $163,938,000 after buying an additional 993,435 shares during the period. Norges Bank bought a new stake in Brinker International during the 4th quarter valued at about $83,603,000. Capital World Investors lifted its holdings in Brinker International by 96.5% during the 4th quarter. Capital World Investors now owns 1,137,863 shares of the restaurant operator’s stock valued at $163,306,000 after buying an additional 558,799 shares in the last quarter. Finally, Samlyn Capital LLC boosted its position in Brinker International by 104.9% in the 3rd quarter. Samlyn Capital LLC now owns 878,584 shares of the restaurant operator’s stock valued at $111,299,000 after buying an additional 449,871 shares during the period.

Brinker International Price Performance

Shares of EAT stock opened at $186.87 on Friday. Brinker International, Inc. has a 1-year low of $100.30 and a 1-year high of $196.38. The stock’s 50-day moving average is $161.90 and its 200 day moving average is $154.40. The company has a market cap of $8.01 billion, a P/E ratio of 18.32, a PEG ratio of 1.10 and a beta of 1.24. 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 (NYSE:EAT) last announced its earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 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 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. Research analysts predict that Brinker International, Inc. will post 10.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Barclays raised their target price 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 increased their price objective on 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 raised their price objective on Brinker International from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Stephens initiated coverage on Brinker International in a research report on Friday, July 17th. They set an “overweight” rating and a $220.00 target price for the company. Finally, Weiss Ratings upgraded Brinker International from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 16th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Brinker International has an average rating of “Moderate Buy” and a consensus price target of $191.20.

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.