Mitchell Capital Management Co. Invests $3.02 Million in Brinker International, Inc. $EAT

Mitchell Capital Management Co. bought a new position in Brinker International, Inc. (NYSE:EAT) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 21,015 shares of the restaurant operator’s stock, valued at approximately $3,016,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. AdvisorShares Investments LLC boosted its stake in shares of Brinker International by 34.4% in the 4th quarter. AdvisorShares Investments LLC now owns 1,439 shares of the restaurant operator’s stock worth $207,000 after buying an additional 368 shares during the last quarter. Norges Bank bought a new stake in shares of Brinker International in the 4th quarter worth approximately $83,603,000. Royce & Associates LP bought a new stake in shares of Brinker International in the 4th quarter worth approximately $546,000. Clearstead Advisors LLC raised its holdings in shares of Brinker International by 888.9% in the 4th quarter. Clearstead Advisors LLC now owns 3,936 shares of the restaurant operator’s stock worth $565,000 after purchasing an additional 3,538 shares during the period. Finally, New Age Alpha Advisors LLC raised its holdings in shares of Brinker International by 4.8% in the 4th quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator’s stock worth $294,000 after purchasing an additional 94 shares during the period.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. lifted their price target on shares of Brinker International from $187.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, March 16th. Citigroup lowered their price target on shares of Brinker International from $190.00 to $186.00 and set a “buy” rating on the stock in a report on Monday, April 13th. Wall Street Zen cut shares of Brinker International from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. KeyCorp raised shares of Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 price target on the stock in a report on Thursday, April 2nd. Finally, Weiss Ratings cut shares of Brinker International from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 22nd. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Brinker International presently has an average rating of “Moderate Buy” and an average price target of $185.11.

Brinker International Trading Up 1.6%

Shares of EAT stock opened at $142.22 on Friday. The company’s fifty day simple moving average is $143.51 and its two-hundred day simple moving average is $146.36. 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 1 year low of $100.30 and a 1 year high of $187.12. The stock has a market capitalization of $6.10 billion, a price-to-earnings ratio of 13.94, a PEG ratio of 1.02 and a beta of 1.32.

Brinker International (NYSE:EAT) last issued its 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. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The business had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.47 billion. During the same quarter in the previous year, the firm posted $2.66 EPS. The business’s revenue for the quarter 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, analysts anticipate that Brinker International, Inc. will post 10.75 earnings per share for the current year.

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.