Independent Advisor Alliance Acquires 4,734 Shares of Brinker International, Inc. $EAT

Independent Advisor Alliance increased its holdings in shares of Brinker International, Inc. (NYSE:EAT) by 22.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,282 shares of the restaurant operator’s stock after buying an additional 4,734 shares during the period. Independent Advisor Alliance owned 0.06% of Brinker International worth $3,772,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of EAT. Caitong International Asset Management Co. Ltd acquired a new position in shares of Brinker International in the 3rd quarter valued at $25,000. Allworth Financial LP lifted its stake 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 valued at $28,000 after purchasing an additional 83 shares during the period. Salomon & Ludwin LLC lifted its stake in shares of Brinker International by 45.1% in the 4th quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock valued at $45,000 after purchasing an additional 93 shares during the period. First Horizon Corp lifted its stake in shares of Brinker International by 116.0% in the 4th quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock valued at $48,000 after purchasing an additional 181 shares during the period. Finally, Quarry LP lifted its stake in shares of Brinker International by 52.2% in the 3rd quarter. Quarry LP now owns 615 shares of the restaurant operator’s stock valued at $78,000 after purchasing an additional 211 shares during the period.

Brinker International Price Performance

EAT opened at $126.37 on Thursday. The stock has a market cap of $5.42 billion, a P/E ratio of 12.39, a P/E/G ratio of 0.97 and a beta of 1.32. The company has a quick ratio of 0.35, a current ratio of 0.40 and a debt-to-equity ratio of 1.05. The company has a fifty day simple moving average of $144.45 and a 200 day simple moving average of $144.50. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $187.12.

Brinker International (NYSE:EAT) last released its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 EPS for the quarter, topping analysts’ consensus estimates of $2.85 by $0.05. The company 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 was up 3.2% compared to the same quarter last year. During the same quarter last year, the firm posted $2.66 earnings per share. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. On average, research analysts expect that Brinker International, Inc. will post 10.73 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on EAT. JPMorgan Chase & Co. raised their target price on Brinker International from $187.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, March 16th. Raymond James Financial upgraded Brinker International from a “market perform” rating to an “outperform” rating and set a $195.00 target price on the stock in a report on Wednesday, January 21st. Wall Street Zen cut Brinker International from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Citigroup decreased their price objective on shares of Brinker International from $190.00 to $186.00 and set a “buy” rating for the company in a report on Monday, April 13th. Finally, Zacks Research cut shares of Brinker International from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Fourteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $185.11.

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.