Healthcare of Ontario Pension Plan Trust Fund Decreases Stock Holdings in Brinker International, Inc. $EAT

Healthcare of Ontario Pension Plan Trust Fund decreased its position in Brinker International, Inc. (NYSE:EAT) by 20.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 158,500 shares of the restaurant operator’s stock after selling 41,500 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Brinker International were worth $22,748,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of EAT. NewEdge Advisors LLC increased its position in shares of Brinker International by 1,118.9% in the first quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock valued at $173,000 after acquiring an additional 1,063 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of Brinker International by 271.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 846 shares of the restaurant operator’s stock valued at $153,000 after purchasing an additional 618 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of Brinker International by 1.9% during the 2nd quarter. First Trust Advisors LP now owns 52,249 shares of the restaurant operator’s stock valued at $9,422,000 after purchasing an additional 978 shares in the last quarter. Baird Financial Group Inc. bought a new stake in shares of Brinker International during the 2nd quarter valued at about $3,222,000. Finally, Brown Advisory Inc. boosted its stake in shares of Brinker International by 33.0% during the 2nd quarter. Brown Advisory Inc. now owns 1,789 shares of the restaurant operator’s stock valued at $323,000 after purchasing an additional 444 shares in the last quarter.

Brinker International Trading Down 2.0%

NYSE:EAT opened at $156.12 on Tuesday. Brinker International, Inc. has a one year low of $100.30 and a one year high of $187.12. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.40 and a quick ratio of 0.35. The company’s 50-day simple moving average is $144.33 and its 200 day simple moving average is $148.33. The firm has a market capitalization of $6.70 billion, a P/E ratio of 15.31, a PEG ratio of 1.14 and a beta of 1.27.

Brinker International (NYSE:EAT) last posted its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $2.90 EPS for the quarter, topping the consensus estimate of $2.85 by $0.05. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.47 billion. During the same quarter in the previous year, the firm posted $2.66 earnings per share. Brinker International’s quarterly revenue was up 3.2% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. As a group, analysts forecast that Brinker International, Inc. will post 10.75 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Morgan Stanley lifted their target price on shares of Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. lifted their target price on shares of Brinker International from $187.00 to $190.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. Citigroup cut their target price on shares of Brinker International from $190.00 to $186.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. KeyCorp raised shares of 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. Finally, Weiss Ratings lowered shares of Brinker International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 22nd. Fourteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $185.11.

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.