VIRGINIA RETIREMENT SYSTEMS ET Al Has $2.83 Million Stake in Brinker International, Inc. $EAT

VIRGINIA RETIREMENT SYSTEMS ET Al raised its stake in Brinker International, Inc. (NYSE:EAT) by 55.7% in the third quarter, Holdings Channel reports. The fund owned 22,366 shares of the restaurant operator’s stock after purchasing an additional 8,000 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Brinker International were worth $2,833,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in EAT. Concord Wealth Partners acquired a new position in Brinker International during the 2nd quarter worth approximately $25,000. Allworth Financial LP grew its stake in shares of Brinker International by 105.8% during the second quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock worth $26,000 after buying an additional 73 shares during the last quarter. AdvisorNet Financial Inc acquired a new position in shares of Brinker International during the second quarter worth $33,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Brinker International during the second quarter worth $34,000. Finally, GPS Wealth Strategies Group LLC lifted its stake in shares of Brinker International by 52.1% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 219 shares of the restaurant operator’s stock valued at $39,000 after acquiring an additional 75 shares during the last quarter.

Brinker International Trading Up 0.4%

NYSE EAT opened at $143.40 on Friday. The firm has a market capitalization of $6.37 billion, a PE ratio of 14.88, a price-to-earnings-growth ratio of 0.99 and a beta of 1.34. The business’s 50-day moving average price is $133.12 and its two-hundred day moving average price is $146.73. The company has a current ratio of 0.35, a quick ratio of 0.29 and a debt-to-equity ratio of 1.53. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $192.21.

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

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Evercore ISI upgraded Brinker International from an “in-line” rating to an “outperform” rating and boosted their price objective for the stock from $190.00 to $210.00 in a research report on Thursday, September 4th. Weiss Ratings reissued a “hold (c+)” rating on shares of Brinker International in a research note on Monday. Wells Fargo & Company boosted their price target on Brinker International from $160.00 to $175.00 and gave the stock an “overweight” rating in a report on Wednesday, December 17th. JPMorgan Chase & Co. upped their price objective on Brinker International from $155.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. Finally, Jefferies Financial Group raised their price objective on shares of Brinker International from $125.00 to $155.00 and gave the company a “hold” rating in a report on Monday, December 15th. Nine investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $170.29.

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.