Pinnbrook Capital Management LP Sells 117,321 Shares of Brinker International, Inc. $EAT

Pinnbrook Capital Management LP cut its holdings in shares of Brinker International, Inc. (NYSE:EAT) by 77.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 35,130 shares of the restaurant operator’s stock after selling 117,321 shares during the period. Pinnbrook Capital Management LP’s holdings in Brinker International were worth $5,042,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. UBS Group AG grew its stake in Brinker International by 103.2% in the fourth quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator’s stock valued at $427,066,000 after purchasing an additional 1,511,266 shares in the last quarter. Congress Asset Management Co. bought a new stake in shares of Brinker International during the 4th quarter worth approximately $80,518,000. Samlyn Capital LLC raised its stake in shares of Brinker International by 104.9% during the 3rd quarter. Samlyn Capital LLC now owns 878,584 shares of the restaurant operator’s stock worth $111,299,000 after purchasing an additional 449,871 shares in the last quarter. Two Sigma Investments LP raised its stake in shares of Brinker International by 58.6% during the 3rd quarter. Two Sigma Investments LP now owns 932,954 shares of the restaurant operator’s stock worth $118,187,000 after purchasing an additional 344,539 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its stake in shares of Brinker International by 307.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 450,464 shares of the restaurant operator’s stock worth $57,065,000 after purchasing an additional 339,966 shares in the last quarter.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Zacks Research cut Brinker International from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Jefferies Financial Group upped their price objective on Brinker International from $155.00 to $175.00 and gave the stock a “hold” rating in a research note on Thursday, January 29th. Morgan Stanley upped their price objective on Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Wall Street Zen cut shares of Brinker International from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Barclays upped their target price on shares of Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $185.11.

Brinker International Stock Up 3.9%

Brinker International stock opened at $136.32 on Friday. The stock has a market cap of $5.85 billion, a P/E ratio of 13.36, a P/E/G ratio of 0.94 and a beta of 1.32. The company has a quick ratio of 0.35, a current ratio of 0.40 and a debt-to-equity ratio of 1.05. Brinker International, Inc. has a twelve month low of $100.30 and a twelve month high of $187.12. The company’s 50-day moving average price is $143.82 and its two-hundred day moving average price is $145.13.

Brinker International (NYSE:EAT) last released its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share for the quarter, beating the consensus estimate of $2.85 by $0.05. The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.47 billion. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The business’s revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the firm earned $2.66 EPS. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. As a group, analysts expect that Brinker International, Inc. will post 10.74 EPS for the current year.

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.