Russell Investments Group Ltd. lifted its holdings in shares of Brinker International, Inc. (NYSE:EAT – Free Report) by 24.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,477 shares of the restaurant operator’s stock after purchasing an additional 9,386 shares during the quarter. Russell Investments Group Ltd. owned about 0.11% of Brinker International worth $8,144,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in the business. Caitong International Asset Management Co. Ltd purchased a new position in shares of Brinker International in the third quarter valued at approximately $25,000. Transamerica Financial Advisors LLC increased its stake in Brinker International by 570.4% during the 4th quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock worth $26,000 after buying an additional 154 shares during the period. Allworth Financial LP increased its stake in Brinker International by 58.5% during the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after buying an additional 83 shares during the period. Salomon & Ludwin LLC lifted its holdings in Brinker International by 45.1% during the 4th quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock worth $45,000 after buying an additional 93 shares in the last quarter. Finally, First Horizon Corp lifted its holdings in Brinker International by 116.0% during the 4th quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock worth $48,000 after buying an additional 181 shares in the last quarter.
Wall Street Analysts Forecast Growth
Several brokerages have commented on EAT. Stephens raised their price target on shares of Brinker International from $220.00 to $300.00 and gave the company an “overweight” rating in a research report on Thursday. Wells Fargo & Company upped their price objective on Brinker International from $220.00 to $280.00 and gave the stock an “overweight” rating in a research report on Thursday. BMO Capital Markets increased their price objective on Brinker International from $175.00 to $230.00 and gave the company a “market perform” rating in a research note on Thursday. TD Cowen lifted their target price on Brinker International from $210.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday. Finally, KeyCorp boosted their target price on Brinker International from $204.00 to $275.00 and gave the stock an “overweight” rating in a research note on Thursday. Sixteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Brinker International has an average rating of “Moderate Buy” and a consensus target price of $234.35.
Brinker International News Summary
Here are the key news stories impacting Brinker International this week:
- Positive Sentiment: Fiscal fourth-quarter results were broadly encouraging: revenue exceeded expectations, EPS increased 23.3% year over year, and Chili’s delivered strong sales and traffic growth with expanding margins. However, reported EPS was slightly below consensus in the company’s earnings release. Brinker Q4 Earnings Meet Estimates, Revenues Beat on Chili’s Growth
- Positive Sentiment: Management’s fiscal 2027 outlook calls for $12.60-$13.40 in EPS, supported in part by an extra 53rd operating week. Continued Chili’s traffic gains, restaurant reimages and cost control will determine whether the company can meet or exceed that guidance. EAT’s Fiscal 2027 Guidance Gets a Boost From the 53rd Operating Week
- Positive Sentiment: Several firms raised their price targets following the results, including Bank of America to $310 with a Buy rating, Stephens to $300, Citi to $282, Wells Fargo to $280 and KeyCorp to $275. These revisions reflect increased confidence in Chili’s execution and earnings growth.
- Neutral Sentiment: Brinker’s stock has risen 28.7% over the past month and reached a new 52-week high, raising expectations. Investors may now require continued traffic growth, margin delivery and guidance execution for further upside. EAT Jumps 28.7% in a Month
- Negative Sentiment: Northcoast Research downgraded EAT from Buy to Neutral, signaling that the recent rally may have priced in much of the expected improvement.
- Negative Sentiment: Analysts continue to flag elevated valuation, inflation and labor-cost risks, while Maggiano’s slower turnaround could limit consolidated growth. These concerns are contributing to profit-taking despite the favorable operating trends. Is EAT a Buy Now as Chili’s Growth Meets Cost and Valuation Risks?
Brinker International Stock Down 0.5%
Shares of Brinker International stock opened at $237.42 on Friday. Brinker International, Inc. has a 52-week low of $100.30 and a 52-week high of $253.71. The company has a 50 day moving average of $186.95 and a 200 day moving average of $160.73. The company has a quick ratio of 0.35, a current ratio of 0.45 and a debt-to-equity ratio of 0.95. The company has a market capitalization of $10.18 billion, a P/E ratio of 21.80, a P/E/G ratio of 1.33 and a beta of 1.24.
Brinker International (NYSE:EAT – Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 EPS for the quarter, missing the consensus estimate of $3.09 by ($0.02). Brinker International had a return on equity of 122.35% and a net margin of 8.39%.The firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same quarter last year, the firm earned $2.30 EPS. The company’s revenue was up 5.1% on a year-over-year basis. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. As a group, research analysts forecast that Brinker International, Inc. will post 13.19 EPS 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.
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