Illinois Municipal Retirement Fund Sells 2,713 Shares of Brinker International, Inc. $EAT

Illinois Municipal Retirement Fund reduced its position in Brinker International, Inc. (NYSE:EAT) by 4.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 60,830 shares of the restaurant operator’s stock after selling 2,713 shares during the period. Illinois Municipal Retirement Fund’s holdings in Brinker International were worth $8,685,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in EAT. Vanguard Group Inc. boosted its holdings in Brinker International by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 4,819,397 shares of the restaurant operator’s stock valued at $691,680,000 after acquiring an additional 73,346 shares during the last quarter. UBS Group AG raised its holdings 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 worth $427,066,000 after purchasing an additional 1,511,266 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in 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 last quarter. Balyasny Asset Management L.P. lifted its position in Brinker International by 667.5% during the 4th 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 period. Finally, Capital World Investors lifted its position in Brinker International by 96.5% during the 4th 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.

Brinker International Price Performance

Shares of EAT opened at $185.60 on Friday. The company has a current ratio of 0.40, a quick ratio of 0.35 and a debt-to-equity ratio of 1.05. Brinker International, Inc. has a 1 year low of $100.30 and a 1 year high of $192.20. The stock has a market cap of $7.96 billion, a P/E ratio of 18.20, a price-to-earnings-growth ratio of 1.11 and a beta of 1.24. The stock’s 50-day moving average price is $155.45 and its two-hundred day moving average price is $152.59.

Brinker International (NYSE:EAT) last announced its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 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 return on equity of 123.22% and a net margin of 8.07%.Brinker International’s revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the business posted $2.66 EPS. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. On average, equities analysts predict that Brinker International, Inc. will post 10.75 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Wells Fargo & Company raised their target price on shares of Brinker International from $200.00 to $220.00 and gave the company an “overweight” rating in a research note on Thursday. Zacks Research downgraded shares of Brinker International from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Morgan Stanley increased their price objective on shares of Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Barclays raised their price objective on shares of Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Finally, KeyCorp lifted their target price on shares of Brinker International from $177.00 to $204.00 and gave the stock an “overweight” rating in a report on Wednesday. Fourteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $187.58.

Trending Headlines about Brinker International

Here are the key news stories impacting Brinker International this week:

• Positive Sentiment: Wells Fargo raised its price target on Brinker International to $220 from $200 and kept an overweight rating, signaling roughly 18.5% upside from the prior closing level. Read More
• Positive Sentiment: KeyCorp also boosted its target to $204 from $177 and maintained an overweight rating, adding to the bullish analyst momentum around the stock. Read More
• Positive Sentiment: Zacks highlighted Brinker as an “incredible growth stock,” citing strong growth attributes that could help it outperform the market. Article
• Positive Sentiment: Another Zacks report said Brinker could beat earnings estimates again, pointing to its strong earnings-surprise history and the ingredients for another quarterly upside. Article
• Positive Sentiment: Market chatter also noted that Wall Street analysts generally view Brinker International as a buy, reinforcing sentiment that the stock’s recent strength is supported by fundamentals and expectations for continued earnings momentum. Article

Brinker International 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.