Brinker International, Inc. $EAT Shares Sold by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt lessened its holdings in shares of Brinker International, Inc. (NYSE:EAT) by 30.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 15,821 shares of the restaurant operator’s stock after selling 6,924 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Brinker International were worth $2,271,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in EAT. 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 worth $427,066,000 after acquiring an additional 1,511,266 shares in the last quarter. Norges Bank acquired a new stake in shares of Brinker International during the 4th quarter worth about $83,603,000. Congress Asset Management Co. purchased a new position in Brinker International during the 4th quarter worth approximately $80,518,000. Samlyn Capital LLC grew its stake in Brinker International by 104.9% during the 3rd quarter. Samlyn Capital LLC now owns 878,584 shares of the restaurant operator’s stock worth $111,299,000 after buying an additional 449,871 shares during the last quarter. Finally, Two Sigma Investments LP grew its stake in Brinker International by 58.6% during the 3rd quarter. Two Sigma Investments LP now owns 932,954 shares of the restaurant operator’s stock worth $118,187,000 after buying an additional 344,539 shares during the last quarter.

Analysts Set New Price Targets

A number of research firms recently issued reports on EAT. Weiss Ratings downgraded Brinker International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 22nd. DA Davidson began coverage on Brinker International in a research note on Friday, March 6th. They set a “neutral” rating and a $155.00 price target on the stock. Zacks Research downgraded Brinker International from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Wolfe Research began coverage on Brinker International in a research note on Monday, March 9th. They set an “outperform” rating and a $184.00 price target on the stock. Finally, Barclays raised their price target on Brinker International from $170.00 to $175.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Fourteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Brinker International has an average rating of “Moderate Buy” and a consensus target price of $185.11.

Brinker International Trading Down 2.7%

Shares of EAT stock opened at $136.54 on Friday. The business’s 50 day moving average is $142.92 and its two-hundred day moving average is $147.39. Brinker International, Inc. has a twelve month low of $100.30 and a twelve month high of $187.12. The company has a market capitalization of $5.86 billion, a P/E ratio of 13.39, a price-to-earnings-growth ratio of 1.00 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 announced its earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share for the quarter, beating the consensus estimate of $2.85 by $0.05. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same period last year, the business posted $2.66 EPS. The company’s revenue was up 3.2% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. Equities analysts forecast that Brinker International, Inc. will post 10.75 EPS for the current year.

Brinker International 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.