Brinker International, Inc. $EAT Stake Reduced by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. trimmed its holdings in Brinker International, Inc. (NYSE:EAT) by 8.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,250 shares of the restaurant operator’s stock after selling 3,700 shares during the quarter. Hillsdale Investment Management Inc. owned 0.09% of Brinker International worth $5,746,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in EAT. Vanguard Group Inc. raised its holdings in shares of Brinker International by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 4,819,397 shares of the restaurant operator’s stock worth $691,680,000 after purchasing an additional 73,346 shares in the last quarter. UBS Group AG boosted its holdings in Brinker International by 103.2% during the fourth quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator’s stock worth $427,066,000 after buying an additional 1,511,266 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Brinker International by 27.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,393,604 shares of the restaurant operator’s stock worth $176,542,000 after buying an additional 301,912 shares in the last quarter. Balyasny Asset Management L.P. grew its position in Brinker International by 667.5% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator’s stock worth $163,938,000 after buying an additional 993,435 shares during the last quarter. Finally, Capital World Investors grew its position in Brinker International by 96.5% in the fourth quarter. Capital World Investors now owns 1,137,863 shares of the restaurant operator’s stock worth $163,306,000 after buying an additional 558,799 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Morgan Stanley increased their price objective on Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Citigroup decreased their target price on Brinker International from $190.00 to $186.00 and set a “buy” rating on the stock in a report on Monday, April 13th. Weiss Ratings raised Brinker International from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 16th. KeyCorp raised Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 target price for the company in a report on Thursday, April 2nd. Finally, Barclays increased their price target 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. Fourteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Brinker International currently has a consensus rating of “Moderate Buy” and a consensus target price of $185.11.

Brinker International Stock Down 2.4%

Shares of NYSE:EAT opened at $184.76 on Wednesday. The firm has a 50 day simple moving average of $154.03 and a 200 day simple moving average of $152.14. Brinker International, Inc. has a 52 week low of $100.30 and a 52 week high of $192.20. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.35 and a current ratio of 0.40. The company has a market cap of $7.92 billion, a PE ratio of 18.11, a price-to-earnings-growth ratio of 1.17 and a beta of 1.24.

Brinker International (NYSE:EAT) last posted its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share for the quarter, topping 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 analysts’ expectations of $1.47 billion. During the same period in the previous year, the company posted $2.66 EPS. The company’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, research analysts expect that Brinker International, Inc. will post 10.75 earnings per share for the current 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.