Junto Capital Management LP Buys Shares of 78,904 Brinker International, Inc. $EAT

Junto Capital Management LP purchased a new stake in Brinker International, Inc. (NYSE:EAT) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 78,904 shares of the restaurant operator’s stock, valued at approximately $9,996,000.

Other hedge funds have also recently modified their holdings of the company. UBS Group AG increased its holdings in Brinker International by 155.2% during the third quarter. UBS Group AG now owns 1,464,389 shares of the restaurant operator’s stock valued at $185,509,000 after buying an additional 890,593 shares during the period. Norges Bank purchased a new stake in Brinker International during the second quarter worth $98,731,000. Arrowstreet Capital Limited Partnership boosted its position in Brinker International by 86.4% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,091,692 shares of the restaurant operator’s stock valued at $196,865,000 after acquiring an additional 506,087 shares in the last quarter. Mane Global Capital Management LP purchased a new position in shares of Brinker International in the 2nd quarter valued at $68,695,000. Finally, Two Sigma Investments LP increased its holdings in shares of Brinker International by 58.6% in the 3rd quarter. Two Sigma Investments LP now owns 932,954 shares of the restaurant operator’s stock valued at $118,187,000 after acquiring an additional 344,539 shares during the period.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on EAT shares. TD Cowen assumed coverage on Brinker International in a research note on Tuesday, January 20th. They set a “buy” rating and a $192.00 price objective for the company. DA Davidson assumed coverage on Brinker International in a research note on Friday, March 6th. They issued a “neutral” rating and a $155.00 target price on the stock. Weiss Ratings downgraded shares of Brinker International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, March 10th. Citigroup increased their price target on shares of Brinker International from $187.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Finally, 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 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Brinker International has an average rating of “Moderate Buy” and an average price target of $186.44.

Brinker International Stock Up 3.7%

Shares of EAT stock opened at $143.75 on Monday. The stock’s fifty day moving average price is $154.92 and its 200 day moving average price is $142.67. Brinker International, Inc. has a 1-year low of $100.30 and a 1-year high of $187.12. The company has a market cap of $6.26 billion, a price-to-earnings ratio of 14.53, a price-to-earnings-growth ratio of 1.02 and a beta of 1.34. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.36 and a quick ratio of 0.31.

Brinker International (NYSE:EAT) last released its quarterly earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.53 by $0.34. The company had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Brinker International had a return on equity of 134.92% and a net margin of 7.98%.The firm’s revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business posted $2.80 earnings per share. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. On average, research analysts expect that Brinker International, Inc. will post 8.3 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Kevin Hochman sold 66,000 shares of the stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $160.31, for a total value of $10,580,460.00. Following the completion of the transaction, the chief executive officer directly owned 129,824 shares of the company’s stock, valued at $20,812,085.44. This trade represents a 33.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CMO George S. Felix sold 10,431 shares of Brinker International stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $161.00, for a total transaction of $1,679,391.00. Following the completion of the sale, the chief marketing officer owned 8,064 shares of the company’s stock, valued at $1,298,304. This trade represents a 56.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 97,678 shares of company stock valued at $15,700,372. 1.43% of the stock is owned by company insiders.

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.