World Equity Group Inc. Buys Shares of 3,144 Brinker International, Inc. $EAT

World Equity Group Inc. acquired a new stake in Brinker International, Inc. (NYSE:EAT) in the first quarter, Holdings Channel reports. The firm acquired 3,144 shares of the restaurant operator’s stock, valued at approximately $449,000.

Several other large investors have also recently added to or reduced their stakes in EAT. NewEdge Advisors LLC raised its position in Brinker International by 1,118.9% in the 1st quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock valued at $173,000 after purchasing an additional 1,063 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Brinker International by 271.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 846 shares of the restaurant operator’s stock valued at $153,000 after purchasing an additional 618 shares during the last quarter. First Trust Advisors LP boosted its holdings in shares of Brinker International by 1.9% in the second quarter. First Trust Advisors LP now owns 52,249 shares of the restaurant operator’s stock valued at $9,422,000 after acquiring an additional 978 shares during the period. Baird Financial Group Inc. acquired a new stake in Brinker International during the 2nd quarter worth $3,222,000. Finally, Brown Advisory Inc. boosted its stake in shares of Brinker International by 33.0% during the second quarter. Brown Advisory Inc. now owns 1,789 shares of the restaurant operator’s stock worth $323,000 after buying an additional 444 shares during the period.

Brinker International Stock Performance

Brinker International stock opened at $189.28 on Monday. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $192.20. The stock’s 50-day moving average is $156.45 and its 200-day moving average is $152.91. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.40 and a quick ratio of 0.35. The company has a market cap of $8.12 billion, a price-to-earnings ratio of 18.56, a price-to-earnings-growth ratio of 1.17 and a beta of 1.24.

Brinker International (NYSE:EAT) last announced its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share for the quarter, beating analysts’ consensus estimates of $2.85 by $0.05. The firm 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%. Brinker International’s revenue was up 3.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.66 earnings per share. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. Equities analysts anticipate that Brinker International, Inc. will post 10.75 earnings per share for the current year.

Brinker International News Roundup

Here are the key news stories impacting Brinker International this week:

• Positive Sentiment: Stephens initiated coverage on Brinker International with an overweight rating and a $220 price target, signaling meaningful upside from current levels.
• Positive Sentiment: Wells Fargo also raised its price target on Brinker International to $220 from $200 and kept an overweight rating, reinforcing the bullish analyst outlook. Benzinga report on Wells Fargo price target raise
• Positive Sentiment: KeyCorp lifted its price target to $204, adding to the cluster of positive analyst revisions for EAT.
• Positive Sentiment: Zacks highlighted Brinker as an incredible growth stock and said the company could beat earnings estimates again, which supports investor confidence ahead of the next report. Zacks growth-stock article
• Positive Sentiment: Another Zacks article noted Brinker’s strong earnings surprise history and favorable setup for another quarterly beat, which can be a catalyst for the shares. Zacks earnings beat article
• Neutral Sentiment: Coverage from market commentary on Brinker versus other consumer cyclical names helped keep the stock in focus, but it did not appear to materially change the investment thesis. The Globe and Mail analyst coverage article

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. KeyCorp increased their price target on Brinker International from $177.00 to $204.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Morgan Stanley boosted their price target on Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Citigroup lowered their price objective on shares of Brinker International from $190.00 to $186.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. Stephens began coverage on Brinker International in a research report on Friday. They set an “overweight” rating and a $220.00 price target for the company. Finally, TD Cowen lowered their price target on shares of Brinker International from $188.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $189.20.

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.