Aquatic Capital Management LLC Raises Holdings in Brinker International, Inc. $EAT

Aquatic Capital Management LLC lifted its position in shares of Brinker International, Inc. (NYSE:EAT) by 48.3% during the third quarter, Holdings Channel reports. The firm owned 101,282 shares of the restaurant operator’s stock after acquiring an additional 32,991 shares during the quarter. Aquatic Capital Management LLC’s holdings in Brinker International were worth $12,830,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Meeder Asset Management Inc. increased its position in Brinker International by 56.3% during the third quarter. Meeder Asset Management Inc. now owns 22,580 shares of the restaurant operator’s stock worth $2,860,000 after buying an additional 8,137 shares during the period. Seeds Investor LLC purchased a new stake in Brinker International in the second quarter valued at approximately $414,000. Alberta Investment Management Corp acquired a new stake in shares of Brinker International in the second quarter valued at approximately $4,112,000. Y Intercept Hong Kong Ltd grew its position in shares of Brinker International by 87.7% during the third quarter. Y Intercept Hong Kong Ltd now owns 23,023 shares of the restaurant operator’s stock worth $2,917,000 after acquiring an additional 10,754 shares during the last quarter. Finally, Navellier & Associates Inc. grew its position in shares of Brinker International by 25.6% during the third quarter. Navellier & Associates Inc. now owns 18,491 shares of the restaurant operator’s stock worth $2,342,000 after acquiring an additional 3,771 shares during the last quarter.

Brinker International Price Performance

Shares of NYSE:EAT opened at $143.75 on Friday. Brinker International, Inc. has a 52 week low of $100.30 and a 52 week high of $187.12. The company has a 50-day moving average price of $154.92 and a 200 day moving average price of $142.77. The company has a market cap of $6.26 billion, a P/E ratio of 14.53, a PEG ratio of 1.02 and a beta of 1.34. The company has a quick ratio of 0.31, a current ratio of 0.36 and a debt-to-equity ratio of 1.19.

Brinker International (NYSE:EAT) last released its earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.53 by $0.34. The company had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Brinker International had a return on equity of 134.92% and a net margin of 7.98%.The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.80 EPS. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. Research analysts predict that Brinker International, Inc. will post 8.3 earnings per share for the current year.

Insider Transactions at Brinker International

In other Brinker International news, EVP Aaron M. White sold 7,000 shares of the stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $165.00, for a total value of $1,155,000.00. Following the completion of the transaction, the executive vice president owned 42,756 shares in the company, valued at approximately $7,054,740. This represents a 14.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Michaela M. Ware sold 5,000 shares of the firm’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $162.40, for a total value of $812,000.00. Following the completion of the sale, the executive vice president directly owned 19,923 shares of the company’s stock, valued at approximately $3,235,495.20. This trade represents a 20.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 97,678 shares of company stock valued at $15,700,372 in the last three months. Insiders own 1.43% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on EAT. Morgan Stanley upped their price target on shares of Brinker International from $200.00 to $205.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Barclays lifted their price objective on shares of Brinker International from $166.00 to $170.00 and gave the company an “equal weight” rating in a research note on Thursday, January 29th. BMO Capital Markets increased their target price on shares of Brinker International from $140.00 to $170.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 6th. Zacks Research raised Brinker International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 4th. Finally, Wall Street Zen downgraded Brinker International from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $186.44.

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.