Brinker International, Inc. $EAT Shares Acquired by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. lifted its position in Brinker International, Inc. (NYSE:EAT) by 667.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,142,263 shares of the restaurant operator’s stock after acquiring an additional 993,435 shares during the quarter. Balyasny Asset Management L.P. owned approximately 2.62% of Brinker International worth $163,938,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in EAT. UBS Group AG lifted its position in shares of Brinker International by 103.2% in the 4th quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator’s stock valued at $427,066,000 after acquiring an additional 1,511,266 shares in the last quarter. Norges Bank purchased a new stake in shares of Brinker International in the 4th quarter valued at approximately $83,603,000. Congress Asset Management Co. purchased a new stake in shares of Brinker International in the 4th quarter valued at approximately $80,518,000. Capital World Investors lifted its position in shares of Brinker International by 96.5% in the 4th quarter. Capital World Investors now owns 1,137,863 shares of the restaurant operator’s stock valued at $163,306,000 after acquiring an additional 558,799 shares in the last quarter. Finally, Samlyn Capital LLC lifted its position in shares of 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 acquiring an additional 449,871 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on EAT. Barclays upped their price target on shares of Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. KeyCorp upgraded shares of Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 price target for the company in a research report on Thursday, April 2nd. Zacks Research downgraded shares of Brinker International from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. DA Davidson began coverage on shares of Brinker International in a research report on Friday, March 6th. They issued a “neutral” rating and a $155.00 target price for the company. Finally, Morgan Stanley increased their target price on shares of Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Fourteen equities 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 currently has a consensus rating of “Moderate Buy” and a consensus target price of $185.11.

Brinker International Stock Up 3.5%

EAT stock opened at $158.93 on Thursday. Brinker International, Inc. has a 12-month low of $100.30 and a 12-month high of $187.12. 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 company has a market cap of $6.82 billion, a price-to-earnings ratio of 15.58, a PEG ratio of 1.10 and a beta of 1.27. The company has a 50 day moving average of $144.69 and a two-hundred day moving average of $148.40.

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 analysts’ consensus estimates of $2.85 by $0.05. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the prior year, the firm earned $2.66 EPS. The company’s revenue was up 3.2% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. On average, equities analysts anticipate that Brinker International, Inc. will post 10.75 earnings per share for the current fiscal year.

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.