Balyasny Asset Management L.P. Has $163.94 Million Stock Position in Brinker International, Inc. $EAT

Balyasny Asset Management L.P. lifted its holdings in shares of Brinker International, Inc. (NYSE:EAT) by 667.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,142,263 shares of the restaurant operator’s stock after purchasing an additional 993,435 shares during the quarter. Balyasny Asset Management L.P.’s holdings in Brinker International were worth $163,938,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of EAT. Caitong International Asset Management Co. Ltd acquired a new position in shares of Brinker International during the 3rd quarter worth $25,000. Transamerica Financial Advisors LLC boosted its holdings in shares of Brinker International by 570.4% during the 4th quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock worth $26,000 after buying an additional 154 shares during the period. Allworth Financial LP grew its stake in Brinker International by 58.5% in the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock valued at $28,000 after buying an additional 83 shares during the last quarter. Salomon & Ludwin LLC grew its stake in Brinker International by 45.1% in the 4th quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock valued at $45,000 after buying an additional 93 shares during the last quarter. Finally, First Horizon Corp grew its stake in Brinker International by 116.0% in the 4th quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock valued at $48,000 after buying an additional 181 shares during the last quarter.

Brinker International Price Performance

Shares of Brinker International stock opened at $158.93 on Thursday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.40 and a quick ratio of 0.35. Brinker International, Inc. has a fifty-two week low of $100.30 and a fifty-two week high of $187.12. The firm has a fifty day moving average price of $144.69 and a two-hundred day moving average price of $148.40. The company has a market cap of $6.82 billion, a PE ratio of 15.58, a price-to-earnings-growth ratio of 1.10 and a beta of 1.27.

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

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on EAT shares. Barclays raised their target price on shares of Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. raised their target price on shares of Brinker International from $187.00 to $190.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. DA Davidson started coverage on shares of Brinker International in a research note on Friday, March 6th. They issued a “neutral” rating and a $155.00 target price on the stock. Morgan Stanley raised their target price on shares of Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Citigroup lowered their target price on shares of Brinker International from $190.00 to $186.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. Fourteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $185.11.

Brinker International 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.