Allspring Global Investments Holdings LLC Acquires 5,665 Shares of Brinker International, Inc. $EAT

Allspring Global Investments Holdings LLC raised its holdings in Brinker International, Inc. (NYSE:EAT) by 7.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,606 shares of the restaurant operator’s stock after purchasing an additional 5,665 shares during the period. Allspring Global Investments Holdings LLC owned 0.18% of Brinker International worth $12,213,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. NewEdge Advisors LLC lifted its holdings in Brinker International by 1,118.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock worth $173,000 after purchasing an additional 1,063 shares in the last quarter. New York State Common Retirement Fund grew its holdings in Brinker International by 4.8% during the 2nd quarter. New York State Common Retirement Fund now owns 15,178 shares of the restaurant operator’s stock valued at $2,737,000 after buying an additional 700 shares in the last quarter. Invesco Ltd. increased its position in shares of Brinker International by 23.1% during the second quarter. Invesco Ltd. now owns 628,857 shares of the restaurant operator’s stock valued at $113,402,000 after buying an additional 117,864 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of Brinker International by 271.1% during the second quarter. EverSource Wealth Advisors LLC now owns 846 shares of the restaurant operator’s stock valued at $153,000 after buying an additional 618 shares during the period. Finally, First Trust Advisors LP lifted 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 worth $9,422,000 after buying an additional 978 shares in the last quarter.

Brinker International Price Performance

Shares of NYSE:EAT opened at $145.05 on Monday. The company’s fifty day moving average price is $149.65 and its 200-day moving average price is $141.44. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.36 and a quick ratio of 0.31. The firm has a market capitalization of $6.32 billion, a price-to-earnings ratio of 14.67, a PEG ratio of 1.02 and a beta of 1.34. Brinker International, Inc. has a one year low of $100.30 and a one year high of $187.12.

Brinker International (NYSE:EAT) last posted its quarterly earnings data on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.53 by $0.34. The company 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%. The firm’s revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.80 EPS. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. On average, equities research analysts anticipate that Brinker International, Inc. will post 8.3 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. The Goldman Sachs Group raised their price target on shares of Brinker International from $180.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, January 29th. JPMorgan Chase & Co. increased their price objective on Brinker International from $187.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, March 16th. UBS Group lifted their price objective on Brinker International from $175.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Raymond James Financial upgraded Brinker International from a “market perform” rating to an “outperform” rating and set a $195.00 target price for the company in a research report on Wednesday, January 21st. Finally, Weiss Ratings lowered Brinker International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, March 10th. Fourteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $186.11.

Insider Transactions at Brinker International

In other news, EVP Aaron M. White sold 7,000 shares of the company’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $165.00, for a total value of $1,155,000.00. Following the completion of the transaction, the executive vice president directly owned 42,756 shares in the company, valued at approximately $7,054,740. This represents a 14.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Harriet Edelman sold 8,400 shares of Brinker International stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $159.00, for a total transaction of $1,335,600.00. Following the transaction, the director directly owned 21,004 shares in the company, valued at $3,339,636. This trade represents a 28.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 97,678 shares of company stock worth $15,700,372. Company 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.