Fortis Group Advisors LLC Invests $792,000 in Brinker International, Inc. $EAT

Fortis Group Advisors LLC bought a new position in shares of Brinker International, Inc. (NYSE:EAT) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 5,023 shares of the restaurant operator’s stock, valued at approximately $792,000.

A number of other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. raised its stake in shares of Brinker International by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 4,819,397 shares of the restaurant operator’s stock worth $691,680,000 after purchasing an additional 73,346 shares during the period. UBS Group AG raised its stake in shares of Brinker International by 103.2% during the 4th quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator’s stock worth $427,066,000 after purchasing an additional 1,511,266 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in shares of Brinker International by 27.7% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,393,604 shares of the restaurant operator’s stock worth $176,542,000 after purchasing an additional 301,912 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Brinker International by 2.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 975,039 shares of the restaurant operator’s stock worth $123,541,000 after purchasing an additional 18,935 shares during the period. Finally, 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 during the period.

Brinker International Trading Up 3.9%

Shares of Brinker International stock opened at $136.32 on Friday. Brinker International, Inc. has a 52-week low of $100.30 and a 52-week high of $187.12. The stock’s 50-day simple moving average is $143.82 and its 200 day simple moving average is $145.13. The stock has a market capitalization 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 debt-to-equity ratio of 1.05, a quick ratio of 0.35 and a current ratio of 0.40.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. KeyCorp upgraded Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 target price on the stock in a research note on Thursday, April 2nd. TD Cowen lowered their target price on Brinker International from $188.00 to $170.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Piper Sandler lifted their target price on Brinker International from $140.00 to $166.00 and gave the stock a “neutral” rating in a research note on Thursday, January 29th. UBS Group lifted their target price on Brinker International from $175.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Finally, Wells Fargo & Company boosted their price objective on Brinker International from $175.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, January 22nd. Fourteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target 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.