Brinker International, Inc. $EAT Stock Position Reduced by BW Gestao de Investimentos Ltda.

BW Gestao de Investimentos Ltda. cut its stake in shares of Brinker International, Inc. (NYSE:EAT) by 85.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 11,692 shares of the restaurant operator’s stock after selling 68,308 shares during the period. BW Gestao de Investimentos Ltda.’s holdings in Brinker International were worth $1,678,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Easterly Investment Partners LLC purchased a new position in Brinker International during the fourth quarter valued at approximately $11,567,000. Mitchell Capital Management Co. purchased a new position in Brinker International during the fourth quarter valued at approximately $3,016,000. AdvisorShares Investments LLC grew its position in Brinker International by 34.4% during the fourth quarter. AdvisorShares Investments LLC now owns 1,439 shares of the restaurant operator’s stock valued at $207,000 after purchasing an additional 368 shares in the last quarter. Norges Bank purchased a new position in Brinker International during the fourth quarter valued at approximately $83,603,000. Finally, Royce & Associates LP purchased a new position in Brinker International during the fourth quarter valued at approximately $546,000.

Brinker International Stock Performance

EAT stock opened at $138.27 on Wednesday. The company has a quick ratio of 0.35, a current ratio of 0.40 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $5.93 billion, a price-to-earnings ratio of 13.56, a P/E/G ratio of 1.02 and a beta of 1.27. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $187.12. The firm has a 50 day moving average of $143.45 and a two-hundred day moving average of $146.89.

Brinker International (NYSE:EAT) last posted its earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 EPS for the quarter, topping the consensus estimate of $2.85 by $0.05. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.47 billion. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The company’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.66 earnings per share. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. As a group, equities analysts anticipate that Brinker International, Inc. will post 10.75 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. TD Cowen lowered their price objective on shares of Brinker International from $188.00 to $170.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Wolfe Research assumed coverage on shares of Brinker International in a research report on Monday, March 9th. They set an “outperform” rating and a $184.00 price objective on the stock. DA Davidson assumed coverage on shares of Brinker International in a research report on Friday, March 6th. They set a “neutral” rating and a $155.00 price objective on the stock. KeyCorp raised shares of Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 price objective on the stock in a research report on Thursday, April 2nd. Finally, Zacks Research downgraded shares of Brinker International from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Fourteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Brinker International currently has an average rating of “Moderate Buy” and a consensus target price of $185.11.

About Brinker International

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.