Pinnbrook Capital Management LP Sells 117,321 Shares of Brinker International, Inc. $EAT

Pinnbrook Capital Management LP lessened its stake in Brinker International, Inc. (NYSE:EAT) by 77.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,130 shares of the restaurant operator’s stock after selling 117,321 shares during the period. Pinnbrook Capital Management LP owned 0.08% of Brinker International worth $5,042,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd bought a new position in Brinker International in the 3rd quarter worth approximately $25,000. Allworth Financial LP raised its position in Brinker International by 58.5% in the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 83 shares during the last quarter. Salomon & Ludwin LLC grew its holdings in Brinker International by 45.1% during the 4th 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. First Horizon Corp grew its holdings in Brinker International by 116.0% during the 4th quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock worth $48,000 after acquiring an additional 181 shares during the period. Finally, Global Retirement Partners LLC grew its holdings in Brinker International by 1,233.3% during the 4th quarter. Global Retirement Partners LLC now owns 360 shares of the restaurant operator’s stock worth $52,000 after acquiring an additional 333 shares during the period.

Brinker International Trading Up 3.9%

EAT opened at $136.32 on Friday. The stock has a market capitalization of $5.85 billion, a P/E ratio of 13.36, a P/E/G ratio of 0.94 and a beta of 1.32. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $187.12. The firm’s fifty day simple moving average is $143.82 and its 200 day simple moving average is $145.13. The company has a current ratio of 0.40, a quick ratio of 0.35 and a debt-to-equity ratio of 1.05.

Brinker International (NYSE:EAT) last posted its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $2.90 EPS for the quarter, beating the consensus estimate of $2.85 by $0.05. The business had revenue of $1.47 billion for 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 firm’s revenue was up 3.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.66 EPS. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. As a group, research analysts anticipate that Brinker International, Inc. will post 10.74 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have commented on the stock. The Goldman Sachs Group lifted their target price on shares of Brinker International from $180.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Jefferies Financial Group lifted their target price on shares of Brinker International from $155.00 to $175.00 and gave the stock a “hold” rating in a report on Thursday, January 29th. Wall Street Zen lowered shares of Brinker International from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. UBS Group lifted their target price on shares of Brinker International from $175.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Finally, Wells Fargo & Company lifted their target price on shares of Brinker International from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, January 22nd. Fourteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, Brinker International currently has an average rating of “Moderate Buy” and an average target price of $185.11.

About Brinker International

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.