Manatuck Hill Partners LLC purchased a new position in shares of Brinker International, Inc. (NYSE:EAT – Free Report) in the 4th quarter, Holdings Channel.com reports. The firm purchased 6,000 shares of the restaurant operator’s stock, valued at approximately $861,000.
Other large investors have also modified their holdings of the company. Transamerica Financial Advisors LLC raised its stake in shares of Brinker International by 570.4% during the fourth quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock worth $26,000 after purchasing an additional 154 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in Brinker International in the third quarter worth $25,000. Allworth Financial LP raised its position in Brinker International by 58.5% in the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after acquiring an additional 83 shares in the last quarter. Salomon & Ludwin LLC raised its position in Brinker International by 45.1% in the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock worth $45,000 after acquiring an additional 93 shares in the last quarter. Finally, First Horizon Corp raised its position in Brinker International by 116.0% in the fourth quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock worth $48,000 after acquiring an additional 181 shares in the last quarter.
Analyst Ratings Changes
EAT has been the subject of several research analyst reports. KeyCorp upgraded Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 price objective for the company in a research report on Thursday, April 2nd. Citigroup cut their price objective on Brinker International from $190.00 to $186.00 and set a “buy” rating for the company in a research report on Monday, April 13th. Wolfe Research assumed coverage on Brinker International in a report on Monday, March 9th. They issued an “outperform” rating and a $184.00 target price on the stock. Morgan Stanley increased their price objective on Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, JPMorgan Chase & Co. increased their price objective on Brinker International from $187.00 to $190.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. Fourteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $185.11.
Brinker International Stock Up 3.5%
Shares of NYSE:EAT opened at $158.93 on Thursday. The stock’s 50-day moving average price is $144.69 and its two-hundred day moving average price is $148.40. 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, Inc. has a 12-month low of $100.30 and a 12-month high of $187.12. The firm 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.
Brinker International (NYSE:EAT – Get Free Report) last issued its quarterly 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 return on equity of 123.22% and a net margin of 8.07%.The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.47 billion. During the same period last year, the company earned $2.66 EPS. The firm’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. On average, research analysts forecast that Brinker International, Inc. will post 10.75 EPS 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.
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