Sanctuary Advisors LLC Buys New Stake in Brinker International, Inc. $EAT

Sanctuary Advisors LLC bought a new stake in Brinker International, Inc. (NYSE:EAT) in the 1st quarter, HoldingsChannel reports. The fund bought 4,213 shares of the restaurant operator’s stock, valued at approximately $601,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Transamerica Financial Advisors LLC increased its position in shares of Brinker International by 570.4% during the fourth quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock worth $26,000 after purchasing an additional 154 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Brinker International in the 3rd quarter worth $25,000. Allworth Financial LP boosted its position in shares of Brinker International by 58.5% in the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 83 shares in the last quarter. Salomon & Ludwin LLC grew its stake in Brinker International by 45.1% during the 4th quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock worth $45,000 after buying an additional 93 shares during the last quarter. Finally, First Horizon Corp grew its stake in Brinker International by 116.0% during the 4th quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock worth $48,000 after buying an additional 181 shares during the last quarter.

Wall Street Analyst Weigh In

EAT has been the topic of several recent analyst reports. Weiss Ratings raised Brinker International from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 16th. Stephens started coverage on Brinker International in a research note on Friday, July 17th. They set an “overweight” rating and a $220.00 price target on the stock. Citigroup dropped their price target on Brinker International from $190.00 to $186.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. Morgan Stanley upped their price objective on shares of Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, TD Cowen increased their price objective on shares of Brinker International from $170.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $191.20.

Brinker International Stock Up 4.3%

EAT stock opened at $195.04 on Tuesday. The firm’s fifty day simple moving average is $163.16 and its 200-day simple moving average is $154.72. The company has a market capitalization of $8.37 billion, a P/E ratio of 19.12, a price-to-earnings-growth ratio of 1.11 and a beta of 1.24. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.40 and a quick ratio of 0.35. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $197.99.

Brinker International (NYSE:EAT) last released its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share for the quarter, topping analysts’ consensus estimates of $2.85 by $0.05. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.47 billion. During the same quarter in the prior year, the business earned $2.66 earnings per share. The business’s quarterly revenue was up 3.2% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. As a group, equities research analysts forecast that Brinker International, Inc. will post 10.76 earnings per share for the current 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.