Brinker International, Inc. $EAT Shares Sold by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership trimmed its position in shares of Brinker International, Inc. (NYSE:EAT) by 16.7% during the fourth quarter, Holdings Channel reports. The firm owned 1,160,920 shares of the restaurant operator’s stock after selling 232,684 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Brinker International were worth $166,615,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in EAT. NewEdge Advisors LLC raised its stake in shares of Brinker International by 1,118.9% in the first quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock valued at $173,000 after acquiring an additional 1,063 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Brinker International by 271.1% in the second quarter. EverSource Wealth Advisors LLC now owns 846 shares of the restaurant operator’s stock valued at $153,000 after acquiring an additional 618 shares in the last quarter. First Trust Advisors LP raised its stake in shares of Brinker International by 1.9% in the second quarter. First Trust Advisors LP now owns 52,249 shares of the restaurant operator’s stock valued at $9,422,000 after acquiring an additional 978 shares in the last quarter. Baird Financial Group Inc. acquired a new stake in shares of Brinker International in the second quarter valued at $3,222,000. Finally, Brown Advisory Inc. raised its stake in shares of Brinker International by 33.0% in the second quarter. Brown Advisory Inc. now owns 1,789 shares of the restaurant operator’s stock valued at $323,000 after acquiring an additional 444 shares in the last quarter.

Analysts Set New Price Targets

Several brokerages have recently issued reports on EAT. Citigroup reduced their price objective on Brinker International from $190.00 to $186.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. Weiss Ratings lowered Brinker International from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 22nd. Morgan Stanley increased their target price on Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Zacks Research lowered Brinker International from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Finally, KeyCorp raised Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 target price on the stock in a report on Thursday, April 2nd. Fourteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Brinker International presently has a consensus rating of “Moderate Buy” and an average target price of $185.11.

Brinker International Stock Performance

Shares of EAT stock opened at $156.12 on Tuesday. The stock’s 50-day moving average is $144.33 and its two-hundred day moving average is $148.33. The firm has a market cap of $6.70 billion, a price-to-earnings ratio of 15.31, a PEG ratio of 1.14 and a beta of 1.27. Brinker International, Inc. has a 1 year low of $100.30 and a 1 year high of $187.12. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.35 and a current ratio of 0.40.

Brinker International (NYSE:EAT) last announced its earnings results 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 net margin of 8.07% and a return on equity of 123.22%. The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the prior year, the firm earned $2.66 earnings per share. The business’s quarterly 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. 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.