Healthcare of Ontario Pension Plan Trust Fund Sells 41,500 Shares of Brinker International, Inc. $EAT

Healthcare of Ontario Pension Plan Trust Fund lowered its stake in shares of Brinker International, Inc. (NYSE:EAT) by 20.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 158,500 shares of the restaurant operator’s stock after selling 41,500 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned 0.36% of Brinker International worth $22,748,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Brinker International by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 4,819,397 shares of the restaurant operator’s stock valued at $691,680,000 after buying an additional 73,346 shares in the last quarter. UBS Group AG raised its position in shares of 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 buying an additional 1,511,266 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of 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 valued at $176,542,000 after buying an additional 301,912 shares in the last quarter. Capital World Investors raised its position in shares of 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 buying an additional 558,799 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Brinker International by 2.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 975,039 shares of the restaurant operator’s stock valued at $123,541,000 after buying an additional 18,935 shares in the last quarter.

Analyst Upgrades and Downgrades

EAT has been the topic of several research reports. JPMorgan Chase & Co. raised their price objective on shares of Brinker International from $187.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, March 16th. Zacks Research cut shares of Brinker International from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Wolfe Research began coverage on shares of Brinker International in a research report on Monday, March 9th. They issued an “outperform” rating and a $184.00 target price on the stock. Barclays lifted their target price on shares of Brinker International from $170.00 to $175.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 30th. Finally, Weiss Ratings cut shares of Brinker International from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 22nd. Fourteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Brinker International presently has a consensus rating of “Moderate Buy” and an average price target of $185.11.

Brinker International Price Performance

EAT stock opened at $156.12 on Tuesday. The firm’s 50-day moving average price is $144.33 and its two-hundred day moving average price is $148.33. Brinker International, Inc. has a 12-month low of $100.30 and a 12-month high of $187.12. The stock has a market capitalization of $6.70 billion, a price-to-earnings ratio of 15.31, a PEG ratio of 1.14 and a beta of 1.27. 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 (NYSE:EAT) last released 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. 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 analysts’ expectations of $1.47 billion. During the same quarter in the previous year, the company earned $2.66 earnings per share. The company’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, equities analysts predict 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.