Gibbs Wealth Management Acquires 3,125 Shares of Brinker International, Inc. $EAT

Gibbs Wealth Management boosted its holdings in Brinker International, Inc. (NYSE:EAT) by 67.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 7,761 shares of the restaurant operator’s stock after acquiring an additional 3,125 shares during the period. Gibbs Wealth Management’s holdings in Brinker International were worth $1,108,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of Brinker International during the 3rd quarter worth approximately $25,000. Transamerica Financial Advisors LLC increased its holdings in shares of Brinker International by 570.4% during the fourth quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock worth $26,000 after purchasing an additional 154 shares during the period. Allworth Financial LP raised its position in shares of Brinker International by 58.5% in the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock valued at $28,000 after buying an additional 83 shares in the last quarter. Salomon & Ludwin LLC raised its position in shares of Brinker International by 45.1% in the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock valued at $45,000 after buying an additional 93 shares in the last quarter. Finally, First Horizon Corp raised its position in shares of Brinker International by 116.0% in the fourth quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock valued at $48,000 after buying an additional 181 shares in the last quarter.

Brinker International Stock Performance

Shares of Brinker International stock opened at $186.87 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. The company has a market cap of $8.01 billion, a PE ratio of 18.32, a price-to-earnings-growth ratio of 1.10 and a beta of 1.24. The company has a 50 day moving average of $161.90 and a 200-day moving average of $154.40. Brinker International, Inc. has a 1-year low of $100.30 and a 1-year high of $196.38.

Brinker International (NYSE:EAT) last announced its quarterly earnings data 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 business had revenue of $1.47 billion for 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%. During the same period last year, the firm posted $2.66 earnings per share. The firm’s quarterly revenue 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, equities research analysts forecast that Brinker International, Inc. will post 10.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

EAT has been the topic of a number of analyst reports. Barclays increased their price target on Brinker International from $170.00 to $175.00 and gave the stock an “equal weight” rating in a research 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. Morgan Stanley upped their target price on Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Wells Fargo & Company increased their target price on Brinker International from $200.00 to $220.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Finally, TD Cowen raised their price target on Brinker International from $170.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Brinker International presently has a consensus rating of “Moderate Buy” and a consensus target price of $191.20.

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.