32,637 Shares in Brinker International, Inc. $EAT Purchased by Burney Co.

Burney Co. acquired a new stake in shares of Brinker International, Inc. (NYSE:EATFree Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 32,637 shares of the restaurant operator’s stock, valued at approximately $4,134,000. Burney Co. owned approximately 0.07% of Brinker International at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in EAT. Concord Wealth Partners acquired a new stake in shares of Brinker International during the second quarter valued at approximately $25,000. Allworth Financial LP boosted its stake in Brinker International by 105.8% in the 2nd quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock worth $26,000 after purchasing an additional 73 shares during the period. AdvisorNet Financial Inc purchased a new position in Brinker International during the 2nd quarter worth approximately $33,000. Twin Peaks Wealth Advisors LLC acquired a new stake in Brinker International during the 2nd quarter valued at $34,000. Finally, GPS Wealth Strategies Group LLC raised its stake in Brinker International by 52.1% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 219 shares of the restaurant operator’s stock valued at $39,000 after purchasing an additional 75 shares during the period.

Brinker International Price Performance

NYSE EAT opened at $149.38 on Friday. Brinker International, Inc. has a fifty-two week low of $100.30 and a fifty-two week high of $192.21. The stock’s 50-day moving average is $132.09 and its two-hundred day moving average is $147.42. The firm has a market cap of $6.64 billion, a P/E ratio of 15.50, a price-to-earnings-growth ratio of 1.03 and a beta of 1.35. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.35 and a quick ratio of 0.29.

Brinker International (NYSE:EATGet Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The restaurant operator reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.17. Brinker International had a return on equity of 164.66% and a net margin of 7.94%.The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the prior year, the firm posted $0.95 EPS. The firm’s revenue for the quarter was up 18.5% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. On average, analysts anticipate that Brinker International, Inc. will post 8.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on the company. UBS Group decreased their target price on Brinker International from $165.00 to $144.00 and set a “neutral” rating for the company in a research report on Monday, October 27th. Jefferies Financial Group increased their price objective on Brinker International from $125.00 to $155.00 and gave the stock a “hold” rating in a research note on Monday, December 15th. Wall Street Zen raised Brinker International from a “hold” rating to a “buy” rating in a research note on Friday, November 28th. The Goldman Sachs Group dropped their target price on Brinker International from $207.00 to $180.00 and set a “buy” rating on the stock in a report on Tuesday, September 30th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Brinker International in a report on Monday, December 22nd. Nine investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, Brinker International currently has an average rating of “Moderate Buy” and a consensus target price of $170.29.

Check Out Our Latest Stock Report on Brinker International

About Brinker International

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Brinker International (NYSE:EAT)

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