Fox Run Management L.L.C. Increases Stake in Brinker International, Inc. $EAT

Fox Run Management L.L.C. increased its stake in shares of Brinker International, Inc. (NYSE:EAT) by 33.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,579 shares of the restaurant operator’s stock after purchasing an additional 4,933 shares during the quarter. Brinker International makes up about 0.4% of Fox Run Management L.L.C.’s portfolio, making the stock its 10th largest holding. Fox Run Management L.L.C.’s holdings in Brinker International were worth $2,480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its holdings in shares of Brinker International by 45.6% during the third quarter. EverSource Wealth Advisors LLC now owns 1,232 shares of the restaurant operator’s stock worth $156,000 after buying an additional 386 shares in the last quarter. Aurora Investment Counsel boosted its holdings in shares of Brinker International by 2.2% during the 3rd quarter. Aurora Investment Counsel now owns 7,119 shares of the restaurant operator’s stock valued at $902,000 after acquiring an additional 152 shares in the last quarter. ANTIPODES PARTNERS Ltd grew its position in Brinker International by 28.4% during the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 396,761 shares of the restaurant operator’s stock worth $50,265,000 after acquiring an additional 87,768 shares during the last quarter. Stevens Capital Management LP acquired a new position in Brinker International in the 3rd quarter worth about $309,000. Finally, Hillsdale Investment Management Inc. raised its position in Brinker International by 55.1% in the third quarter. Hillsdale Investment Management Inc. now owns 53,200 shares of the restaurant operator’s stock valued at $6,739,000 after purchasing an additional 18,900 shares during the last quarter.

Brinker International Stock Up 0.3%

Shares of NYSE EAT opened at $141.23 on Wednesday. The company’s 50 day moving average price is $156.48 and its 200-day moving average price is $143.89. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.31 and a current ratio of 0.36. Brinker International, Inc. has a 52-week low of $100.30 and a 52-week high of $187.12. The company has a market capitalization of $6.15 billion, a P/E ratio of 14.28, a price-to-earnings-growth ratio of 1.00 and a beta of 1.35.

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

Analyst Upgrades and Downgrades

EAT has been the topic of several research reports. TD Cowen began coverage on Brinker International in a report on Tuesday, January 20th. They set a “buy” rating and a $192.00 price target on the stock. Wells Fargo & Company boosted their target price on shares of Brinker International from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, January 22nd. UBS Group upped their price target on shares of Brinker International from $175.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Mizuho lifted their price target on shares of Brinker International from $155.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, January 9th. Finally, The Goldman Sachs Group boosted their price objective on shares of Brinker International from $180.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $188.56.

Insider Buying and Selling

In other Brinker International news, Director Harriet Edelman sold 8,400 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $159.00, for a total value of $1,335,600.00. Following the transaction, the director directly owned 21,004 shares of the company’s stock, valued at approximately $3,339,636. The trade was a 28.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CMO George S. Felix sold 10,431 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $161.00, for a total value of $1,679,391.00. Following the transaction, the chief marketing officer owned 8,064 shares in the company, valued at $1,298,304. The trade was a 56.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 97,678 shares of company stock worth $15,700,372 over the last three months. Insiders own 1.43% of the company’s stock.

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.