Mach 1 Financial Group LLC Invests $613,000 in Brinker International, Inc. $EAT

Mach 1 Financial Group LLC bought a new stake in shares of Brinker International, Inc. (NYSE:EAT) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 4,270 shares of the restaurant operator’s stock, valued at approximately $613,000.

A number of other hedge funds have also recently bought and sold shares of EAT. UBS Group AG grew its position in Brinker International by 103.2% in the 4th 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 during the last quarter. Congress Asset Management Co. acquired a new position in shares of Brinker International during the fourth quarter valued at about $80,518,000. Samlyn Capital LLC raised its position in shares of Brinker International by 104.9% during the third quarter. Samlyn Capital LLC now owns 878,584 shares of the restaurant operator’s stock valued at $111,299,000 after buying an additional 449,871 shares during the last quarter. Two Sigma Investments LP lifted its stake in shares of Brinker International by 58.6% in the third quarter. Two Sigma Investments LP now owns 932,954 shares of the restaurant operator’s stock valued at $118,187,000 after buying an additional 344,539 shares during the period. Finally, BNP Paribas Financial Markets grew its position in Brinker International by 307.7% during the third quarter. BNP Paribas Financial Markets now owns 450,464 shares of the restaurant operator’s stock worth $57,065,000 after buying an additional 339,966 shares in the last quarter.

Brinker International Price Performance

Shares of EAT stock opened at $136.32 on Friday. Brinker International, Inc. has a 52 week low of $100.30 and a 52 week high of $187.12. The stock has a market capitalization of $5.85 billion, a PE ratio of 13.36, a PEG ratio of 0.94 and a beta of 1.32. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.35 and a current ratio of 0.40. The stock’s fifty day moving average is $143.82 and its 200-day moving average is $145.13.

Brinker International (NYSE:EAT) last issued its quarterly earnings data 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 firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.47 billion. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The company’s revenue was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.66 EPS. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. Equities research analysts expect that Brinker International, Inc. will post 10.74 EPS for the current fiscal year.

Analyst Ratings Changes

EAT has been the subject of several recent research reports. Piper Sandler upped their price target on Brinker International from $140.00 to $166.00 and gave the company a “neutral” rating in a report on Thursday, January 29th. UBS Group boosted their price objective on Brinker International from $175.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Wolfe Research began coverage on Brinker International in a research report on Monday, March 9th. They issued an “outperform” rating and a $184.00 target price for the company. JPMorgan Chase & Co. raised their price objective on shares of Brinker International from $187.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, March 16th. Finally, Zacks Research cut shares of Brinker International from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Fourteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.