Mitchell Capital Management Co. Invests $3.02 Million in Brinker International, Inc. $EAT

Mitchell Capital Management Co. purchased a new position in Brinker International, Inc. (NYSE:EAT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,015 shares of the restaurant operator’s stock, valued at approximately $3,016,000.

Several other institutional investors have also recently made changes to their positions in EAT. UBS Group AG increased its holdings in shares of 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 during the period. Norges Bank bought a new position in shares of Brinker International in the fourth quarter worth $83,603,000. Congress Asset Management Co. bought a new position in shares of Brinker International in the fourth quarter worth $80,518,000. Samlyn Capital LLC increased its holdings in shares of Brinker International by 104.9% in the third quarter. Samlyn Capital LLC now owns 878,584 shares of the restaurant operator’s stock worth $111,299,000 after purchasing an additional 449,871 shares during the period. Finally, Two Sigma Investments LP increased its holdings 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 worth $118,187,000 after purchasing an additional 344,539 shares during the period.

Brinker International Stock Up 1.6%

Shares of NYSE:EAT opened at $142.22 on Friday. Brinker International, Inc. has a 52-week low of $100.30 and a 52-week high of $187.12. The firm has a fifty day moving average of $143.51 and a 200 day moving average of $146.36. The firm has a market capitalization of $6.10 billion, a PE ratio of 13.94, a price-to-earnings-growth ratio of 1.02 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.

Brinker International (NYSE:EAT) last announced its earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.85 by $0.05. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.47 billion. During the same period in the previous year, the business earned $2.66 earnings per share. The firm’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, research analysts anticipate that Brinker International, Inc. will post 10.75 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on EAT. DA Davidson initiated coverage on shares of Brinker International in a report on Friday, March 6th. They issued a “neutral” rating and a $155.00 price target on the stock. Citigroup cut their target price on shares of Brinker International from $190.00 to $186.00 and set a “buy” rating for the company in a research report on Monday, April 13th. Zacks Research lowered shares of Brinker International from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. TD Cowen cut their target price on shares of Brinker International from $188.00 to $170.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Finally, Weiss Ratings lowered shares of Brinker International from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 22nd. Fourteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $185.11.

Brinker International 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.