Oak Harvest Investment Services Takes Position in Brinker International, Inc. $EAT

Oak Harvest Investment Services acquired a new position in shares of Brinker International, Inc. (NYSE:EAT) in the 3rd quarter, HoldingsChannel reports. The firm acquired 17,161 shares of the restaurant operator’s stock, valued at approximately $2,174,000.

Other institutional investors also recently bought and sold shares of the company. AlphaQuest LLC boosted its holdings in Brinker International by 138.3% in the 1st quarter. AlphaQuest LLC now owns 827 shares of the restaurant operator’s stock valued at $123,000 after purchasing an additional 480 shares during the last quarter. Ieq Capital LLC purchased a new stake in shares of Brinker International during the 1st quarter valued at approximately $516,000. State of Wyoming lifted its holdings in Brinker International by 53.2% in the first quarter. State of Wyoming now owns 2,335 shares of the restaurant operator’s stock valued at $348,000 after acquiring an additional 811 shares during the last quarter. Evergreen Capital Management LLC grew its position in Brinker International by 5.7% in the first quarter. Evergreen Capital Management LLC now owns 3,615 shares of the restaurant operator’s stock worth $539,000 after acquiring an additional 194 shares during the period. Finally, Alyeska Investment Group L.P. acquired a new stake in Brinker International during the first quarter worth $76,114,000.

Brinker International Trading Down 4.2%

Shares of EAT stock opened at $143.27 on Tuesday. Brinker International, Inc. has a fifty-two week low of $100.30 and a fifty-two week high of $192.21. The company has a 50 day moving average price of $132.36 and a 200 day moving average price of $146.99. The stock has a market capitalization of $6.37 billion, a P/E ratio of 14.86, a price-to-earnings-growth ratio of 1.03 and a beta of 1.34. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.29 and a current ratio of 0.35.

Brinker International (NYSE:EAT) last issued its quarterly earnings results on Wednesday, October 29th. The restaurant operator reported $1.93 EPS for the quarter, beating the consensus estimate of $1.76 by $0.17. Brinker International had a net margin of 7.94% and a return on equity of 164.66%. The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter last year, the company posted $0.95 EPS. The firm’s revenue was up 18.5% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. Equities research analysts predict that Brinker International, Inc. will post 8.3 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently commented on EAT shares. Citigroup raised Brinker International from a “neutral” rating to a “buy” rating and upped their price target for the company from $144.00 to $176.00 in a research note on Tuesday, November 25th. Jefferies Financial Group increased their target price on shares of Brinker International from $125.00 to $155.00 and gave the stock a “hold” rating in a research note on Monday, December 15th. Wells Fargo & Company boosted their price target on shares of Brinker International from $160.00 to $175.00 and gave the company an “overweight” rating in a research note on Wednesday, December 17th. Morgan Stanley lowered their price objective on shares of Brinker International from $161.00 to $160.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 22nd. Finally, JPMorgan Chase & Co. lifted their target price on shares of Brinker International from $155.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday, December 11th. Nine analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $170.29.

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.