Brinker International, Inc. $EAT Shares Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd lifted its holdings in shares of Brinker International, Inc. (NYSE:EAT) by 87.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 23,023 shares of the restaurant operator’s stock after buying an additional 10,754 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Brinker International were worth $2,917,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Concord Wealth Partners bought a new position in shares of Brinker International during the second quarter valued at approximately $25,000. Allworth Financial LP boosted its position in Brinker International by 105.8% during 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. Salomon & Ludwin LLC acquired a new position in Brinker International during the 3rd quarter valued at approximately $26,000. Twin Peaks Wealth Advisors LLC bought a new position in Brinker International during the 2nd quarter worth $34,000. Finally, GPS Wealth Strategies Group LLC increased its position in Brinker International by 52.1% in the second quarter. GPS Wealth Strategies Group LLC now owns 219 shares of the restaurant operator’s stock worth $39,000 after buying an additional 75 shares during the period.

Analyst Upgrades and Downgrades

EAT has been the topic of several recent research reports. Wells Fargo & Company lifted their price objective on shares of Brinker International from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, January 22nd. The Goldman Sachs Group dropped their price target on shares of Brinker International from $207.00 to $180.00 and set a “buy” rating on the stock in a research note on Tuesday, September 30th. Raymond James Financial upgraded Brinker International from a “market perform” rating to an “outperform” rating and set a $195.00 price objective for the company in a research report on Wednesday, January 21st. TD Cowen started coverage on shares of Brinker International in a research report on Tuesday, January 20th. They issued a “buy” rating and a $192.00 target price for the company. Finally, BMO Capital Markets increased their price target on Brinker International from $140.00 to $170.00 and gave the company a “market perform” rating in a research note on Tuesday, January 6th. Thirteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Brinker International has an average rating of “Moderate Buy” and a consensus price target of $184.72.

Brinker International Price Performance

Shares of EAT opened at $156.74 on Tuesday. The business’s 50-day moving average is $149.40 and its 200-day moving average is $144.09. Brinker International, Inc. has a fifty-two week low of $100.30 and a fifty-two week high of $192.21. The company has a market capitalization of $6.96 billion, a price-to-earnings ratio of 16.26, a P/E/G ratio of 1.25 and a beta of 1.34. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.35 and a quick ratio of 0.29.

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