Interval Partners LP Purchases 64,862 Shares of Brinker International, Inc. $EAT

Interval Partners LP lifted its position in Brinker International, Inc. (NYSE:EAT) by 154.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,918 shares of the restaurant operator’s stock after acquiring an additional 64,862 shares during the quarter. Interval Partners LP owned 0.25% of Brinker International worth $15,345,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in Brinker International by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 4,819,397 shares of the restaurant operator’s stock worth $691,680,000 after purchasing an additional 73,346 shares in the last quarter. UBS Group AG raised its holdings in Brinker International by 103.2% in the fourth quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator’s stock worth $427,066,000 after purchasing an additional 1,511,266 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in Brinker International by 27.7% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,393,604 shares of the restaurant operator’s stock worth $176,542,000 after purchasing an additional 301,912 shares in the last quarter. Balyasny Asset Management L.P. raised its holdings in Brinker International by 667.5% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator’s stock worth $163,938,000 after purchasing an additional 993,435 shares in the last quarter. Finally, Capital World Investors raised its holdings in Brinker International by 96.5% in the fourth quarter. Capital World Investors now owns 1,137,863 shares of the restaurant operator’s stock worth $163,306,000 after purchasing an additional 558,799 shares in the last quarter.

Analysts Set New Price Targets

EAT has been the subject of a number of recent research reports. Zacks Research downgraded shares of Brinker International from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. TD Cowen reduced their target price 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. Wolfe Research started coverage on shares of Brinker International in a report on Monday, March 9th. They issued an “outperform” rating and a $184.00 target price for the company. Barclays upped their price objective on shares of Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Finally, DA Davidson started coverage on shares of Brinker International in a report on Friday, March 6th. They set a “neutral” rating and a $155.00 price objective on the stock. Fourteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $185.11.

Brinker International Stock Performance

EAT opened at $158.93 on Thursday. The firm’s 50-day moving average price is $144.69 and its 200-day moving average price is $148.40. The company has a market cap of $6.82 billion, a P/E ratio of 15.58, a price-to-earnings-growth ratio of 1.10 and a beta of 1.27. Brinker International, Inc. has a 52-week low of $100.30 and a 52-week high of $187.12. The company has a quick ratio of 0.35, a current ratio of 0.40 and a debt-to-equity ratio of 1.05.

Brinker International (NYSE:EAT) last issued its earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 EPS 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 analyst estimates of $1.47 billion. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.Brinker International’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.66 earnings per share. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. As a group, equities analysts anticipate that Brinker International, Inc. will post 10.75 EPS for the current fiscal year.

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.