Burney Co. Acquires 6,464 Shares of Brinker International, Inc. $EAT

Burney Co. increased its holdings in Brinker International, Inc. (NYSE:EAT) by 59.1% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 17,402 shares of the restaurant operator’s stock after buying an additional 6,464 shares during the quarter. Burney Co.’s holdings in Brinker International were worth $2,484,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. UBS Group AG lifted its stake in Brinker International by 103.2% during the 4th 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 period. Balyasny Asset Management L.P. raised its holdings in shares of Brinker International by 667.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator’s stock valued at $163,938,000 after purchasing an additional 993,435 shares during the last quarter. Norges Bank purchased a new position in shares of Brinker International during the fourth quarter valued at approximately $83,603,000. Congress Asset Management Co. bought a new position in Brinker International during the fourth quarter valued at approximately $80,518,000. Finally, Capital World Investors lifted its position in Brinker International by 96.5% during the fourth quarter. Capital World Investors now owns 1,137,863 shares of the restaurant operator’s stock valued at $163,306,000 after purchasing an additional 558,799 shares during the period.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Morgan Stanley raised their target price on shares of Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Weiss Ratings raised Brinker International from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 16th. Zacks Research lowered Brinker International from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Barclays upped their price objective on Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Finally, 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 report on Wednesday, April 29th. Fourteen 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, Brinker International currently has a consensus rating of “Moderate Buy” and a consensus target price of $185.11.

Brinker International Stock Performance

EAT opened at $175.43 on Wednesday. The company has a 50 day simple moving average of $149.90 and a two-hundred day simple moving average of $150.98. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.40 and a quick ratio of 0.35. The firm has a market cap of $7.52 billion, a P/E ratio of 17.20, a PEG ratio of 1.09 and a beta of 1.24. Brinker International, Inc. has a 1-year low of $100.30 and a 1-year high of $181.72.

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

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.