Brinker International, Inc. $EAT Position Trimmed by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. decreased its holdings in Brinker International, Inc. (NYSE:EAT) by 8.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,250 shares of the restaurant operator’s stock after selling 3,700 shares during the period. Hillsdale Investment Management Inc.’s holdings in Brinker International were worth $5,746,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. NewEdge Advisors LLC grew its position in Brinker International by 1,118.9% during the first quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock valued at $173,000 after purchasing an additional 1,063 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in Brinker International by 271.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 846 shares of the restaurant operator’s stock worth $153,000 after buying an additional 618 shares in the last quarter. First Trust Advisors LP lifted its position in Brinker International by 1.9% in the 2nd quarter. First Trust Advisors LP now owns 52,249 shares of the restaurant operator’s stock worth $9,422,000 after buying an additional 978 shares in the last quarter. Baird Financial Group Inc. acquired a new stake in shares of Brinker International during the 2nd quarter valued at $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 buying an additional 444 shares during the period.

Analyst Ratings Changes

A number of research firms have recently weighed in on EAT. TD Cowen dropped their price target on shares of Brinker International from $188.00 to $170.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. KeyCorp raised Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 price target for the company in a research note on Thursday, April 2nd. Zacks Research cut Brinker International from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Morgan Stanley raised their price objective on shares of Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Finally, Citigroup decreased their target price on shares of Brinker International from $190.00 to $186.00 and set a “buy” rating for the company in a research report on Monday, April 13th. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $185.11.

Brinker International Trading Down 2.4%

Shares of NYSE:EAT opened at $184.76 on Wednesday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.35 and a current ratio of 0.40. The stock’s 50-day moving average is $154.03 and its 200-day moving average is $152.14. The company has a market cap of $7.92 billion, a P/E ratio of 18.11, a P/E/G ratio of 1.17 and a beta of 1.24. Brinker International, Inc. has a 52-week low of $100.30 and a 52-week high of $192.20.

Brinker International (NYSE:EAT) last posted its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share for the quarter, topping the consensus estimate of $2.85 by $0.05. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.47 billion. During the same quarter in the previous year, the firm earned $2.66 EPS. The firm’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. Equities research analysts predict that Brinker International, Inc. will post 10.75 earnings per share for the current year.

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.