Brinker International, Inc. $EAT Holdings Lifted by Schroder Investment Management Group

Schroder Investment Management Group increased its holdings in Brinker International, Inc. (NYSE:EAT) by 286.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,303 shares of the restaurant operator’s stock after acquiring an additional 55,068 shares during the period. Schroder Investment Management Group owned about 0.17% of Brinker International worth $13,399,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of EAT. Allworth Financial LP increased its holdings in shares of Brinker International by 105.8% in the 2nd quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 73 shares during the period. GPS Wealth Strategies Group LLC grew its position in Brinker International by 52.1% during the second quarter. GPS Wealth Strategies Group LLC now owns 219 shares of the restaurant operator’s stock valued at $39,000 after purchasing an additional 75 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in Brinker International by 5.9% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,462 shares of the restaurant operator’s stock valued at $264,000 after buying an additional 81 shares during the period. Maryland State Retirement & Pension System lifted its position in Brinker International by 0.7% in the 2nd quarter. Maryland State Retirement & Pension System now owns 13,043 shares of the restaurant operator’s stock worth $2,352,000 after buying an additional 85 shares in the last quarter. Finally, Yousif Capital Management LLC boosted its stake in shares of Brinker International by 0.7% during the 2nd quarter. Yousif Capital Management LLC now owns 12,097 shares of the restaurant operator’s stock valued at $2,181,000 after buying an additional 85 shares during the period.

Analysts Set New Price Targets

A number of research firms have recently weighed in on EAT. Bank of America raised shares of Brinker International from a “neutral” rating to a “buy” rating and upped their price target for the stock from $190.00 to $192.00 in a research note on Monday, October 6th. Citigroup raised Brinker International from a “neutral” rating to a “buy” rating and upped their target price for the stock from $144.00 to $176.00 in a research report on Tuesday, November 25th. Piper Sandler raised their price target on Brinker International from $155.00 to $168.00 and gave the stock a “neutral” rating in a research note on Thursday, August 14th. Mizuho assumed coverage on Brinker International in a research note on Tuesday, October 28th. They issued an “outperform” rating and a $155.00 price target for the company. Finally, Evercore ISI raised shares of Brinker International from an “in-line” rating to an “outperform” rating and raised their price objective for the company from $190.00 to $210.00 in a research report on Thursday, September 4th. Ten equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $167.44.

Brinker International Stock Down 4.6%

Shares of Brinker International stock opened at $142.19 on Thursday. Brinker International, Inc. has a 12-month low of $100.30 and a 12-month high of $192.21. The stock has a market capitalization of $6.32 billion, a P/E ratio of 14.75, a PEG ratio of 1.04 and a beta of 1.35. The company has a quick ratio of 0.29, a current ratio of 0.35 and a debt-to-equity ratio of 1.53. The stock has a 50 day moving average price of $126.08 and a two-hundred day moving average price of $149.54.

Brinker International (NYSE:EAT) last posted its quarterly earnings data on Wednesday, October 29th. The restaurant operator reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.17. Brinker International had a net margin of 7.94% and a return on equity of 164.66%. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the prior year, the firm earned $0.95 EPS. Brinker International’s quarterly revenue was up 18.5% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. Equities analysts expect that Brinker International, Inc. will post 8.3 earnings per share for the current year.

Insider Activity

In other news, COO Douglas N. Comings sold 16,000 shares of Brinker International stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $156.48, for a total value of $2,503,680.00. Following the transaction, the chief operating officer directly owned 12,951 shares in the company, valued at approximately $2,026,572.48. The trade was a 55.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.43% of the company’s stock.

Brinker International Company Profile

Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.