WINTON GROUP Ltd Increases Stock Position in Brinker International, Inc. $EAT

WINTON GROUP Ltd lifted its position in shares of Brinker International, Inc. (NYSE:EAT) by 318.2% during the second quarter, Holdings Channel reports. The firm owned 28,047 shares of the restaurant operator’s stock after acquiring an additional 21,340 shares during the period. WINTON GROUP Ltd’s holdings in Brinker International were worth $4,712,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. California State Teachers Retirement System increased its stake in Brinker International by 16,319.0% in the 2nd quarter. California State Teachers Retirement System now owns 8,471,232 shares of the restaurant operator’s stock valued at $1,423,167,000 after buying an additional 8,419,638 shares during the last quarter. BlackRock Inc. grew its holdings in shares of Brinker International by 2.2% in the second quarter. BlackRock Inc. now owns 6,729,477 shares of the restaurant operator’s stock valued at $1,130,552,000 after acquiring an additional 145,525 shares in the last quarter. UBS Group AG grew its holdings in shares of Brinker International by 155.2% in the third quarter. UBS Group AG now owns 1,464,389 shares of the restaurant operator’s stock valued at $185,509,000 after acquiring an additional 890,593 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Brinker International by 27.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,393,604 shares of the restaurant operator’s stock valued at $176,542,000 after acquiring an additional 301,912 shares during the last quarter. Finally, Balyasny Asset Management L.P. increased its position in shares of Brinker International by 667.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator’s stock valued at $163,938,000 after acquiring an additional 993,435 shares during the last quarter.

Insider Buying and Selling at Brinker International

In other Brinker International news, SVP Daniel Fuller sold 1,909 shares of the stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $253.54, for a total transaction of $484,007.86. Following the completion of the transaction, the senior vice president owned 30,177 shares in the company, valued at $7,651,076.58. This trade represents a 5.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director James Katzman sold 650 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $220.09, for a total transaction of $143,058.50. Following the sale, the director owned 25,094 shares in the company, valued at $5,522,938.46. The trade was a 2.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 173,694 shares of company stock valued at $41,568,690. Insiders own 1.43% of the company’s stock.

Brinker International Stock Performance

Shares of EAT opened at $214.95 on Friday. Brinker International, Inc. has a 1 year low of $100.30 and a 1 year high of $254.99. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.45 and a quick ratio of 0.40. The stock’s fifty day moving average price is $213.79 and its two-hundred day moving average price is $170.44. The firm has a market cap of $8.98 billion, a PE ratio of 19.74, a PEG ratio of 1.11 and a beta of 1.25.

Brinker International (NYSE:EAT) last posted its quarterly earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share for the quarter, missing the consensus estimate of $3.09 by ($0.02). Brinker International had a return on equity of 122.35% and a net margin of 8.39%.The firm had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter in the previous year, the company posted $2.30 EPS. The firm’s revenue was up 5.1% compared to the same quarter last year. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. On average, equities research analysts forecast that Brinker International, Inc. will post 13.24 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on EAT shares. BMO Capital Markets boosted their price objective on Brinker International from $175.00 to $230.00 and gave the stock a “market perform” rating in a research report on Thursday, August 13th. Bank of America raised their target price on Brinker International from $224.00 to $310.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Stephens lifted their target price on Brinker International from $220.00 to $300.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. UBS Group boosted their price target on shares of Brinker International from $190.00 to $260.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Finally, KeyCorp increased their price target on shares of Brinker International from $204.00 to $275.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Sixteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Brinker International currently has a consensus rating of “Moderate Buy” and an average target price of $244.30.

Brinker International Company Profile

Brinker International, Inc is a Dallas-based restaurant company that owns, operates and franchises casual dining restaurants. Its portfolio includes Chili’s Grill & Bar, a full-service restaurant brand known for burgers, fajitas, ribs, steaks, Tex-Mex dishes and a broad beverage menu, and Maggiano’s Little Italy, which specializes in Italian-American cuisine and family-style dining.

Chili’s restaurants serve a wide range of lunch and dinner offerings in a casual, bar-and-grill setting, while Maggiano’s locations offer traditional Italian dishes, including pasta, chicken, seafood and desserts.