Mach 1 Financial Group LLC Takes Position in Brinker International, Inc. $EAT

Mach 1 Financial Group LLC purchased a new stake in Brinker International, Inc. (NYSE:EAT) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 4,270 shares of the restaurant operator’s stock, valued at approximately $613,000.

A number of other hedge funds have also recently added to or reduced their stakes in EAT. UBS Group AG lifted 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 acquiring an additional 1,511,266 shares during the last quarter. Congress Asset Management Co. acquired a new position in shares of Brinker International during the 4th quarter worth $80,518,000. Samlyn Capital LLC raised its holdings 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 valued at $111,299,000 after purchasing an additional 449,871 shares in the last quarter. Two Sigma Investments LP raised its holdings 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 valued at $118,187,000 after purchasing an additional 344,539 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in shares of Brinker International by 307.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 450,464 shares of the restaurant operator’s stock valued at $57,065,000 after purchasing an additional 339,966 shares during the last quarter.

Brinker International Stock Performance

Shares of EAT opened at $136.32 on Friday. The company has a market capitalization of $5.85 billion, a PE ratio of 13.36, a price-to-earnings-growth ratio of 0.94 and a beta of 1.32. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.40 and a quick ratio of 0.35. Brinker International, Inc. has a one year low of $100.30 and a one year high of $187.12. The company’s fifty day moving average price is $143.82 and its 200 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 (EPS) for the quarter, beating analysts’ consensus estimates of $2.85 by $0.05. The company had revenue of $1.47 billion during 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 quarterly revenue was up 3.2% compared to the same quarter last year. During the same period in the prior year, the company earned $2.66 earnings per share. 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 earnings per share for the current year.

Analysts Set New Price Targets

EAT has been the subject of a number of recent research reports. Citigroup decreased their price objective on shares of Brinker International from $190.00 to $186.00 and set a “buy” rating for the company in a report on Monday, April 13th. TD Cowen reduced their price target on Brinker International from $188.00 to $170.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Piper Sandler upped their price target on Brinker International from $140.00 to $166.00 and gave the stock a “neutral” rating in a research note on Thursday, January 29th. Wall Street Zen lowered Brinker International from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Finally, The Goldman Sachs Group raised their price objective on Brinker International from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Fourteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, Brinker International has a consensus rating of “Moderate Buy” and an average price target of $185.11.

Brinker International Company 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.