Vestcor Inc Has $1.73 Million Stake in Brinker International, Inc. $EAT

Vestcor Inc trimmed its position in shares of Brinker International, Inc. (NYSE:EAT) by 57.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,061 shares of the restaurant operator’s stock after selling 16,381 shares during the quarter. Vestcor Inc’s holdings in Brinker International were worth $1,731,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Brinker International during the 3rd quarter valued at about $25,000. Allworth Financial LP lifted its holdings in shares of Brinker International by 58.5% during the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock valued at $28,000 after buying an additional 83 shares during the last quarter. Salomon & Ludwin LLC lifted its holdings in shares of Brinker International by 45.1% during the 4th quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock valued at $45,000 after buying an additional 93 shares during the last quarter. First Horizon Corp lifted its holdings in shares of Brinker International by 116.0% during the 4th quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock valued at $48,000 after buying an additional 181 shares during the last quarter. Finally, Global Retirement Partners LLC lifted its holdings in shares of Brinker International by 1,233.3% during the 4th quarter. Global Retirement Partners LLC now owns 360 shares of the restaurant operator’s stock valued at $52,000 after buying an additional 333 shares during the last quarter.

Brinker International Stock Down 0.1%

Shares of EAT stock opened at $140.26 on Monday. The stock’s 50 day simple moving average is $142.79 and its 200 day simple moving average is $147.53. 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, Inc. has a twelve month low of $100.30 and a twelve month high of $187.12. The company has a market capitalization of $6.02 billion, a price-to-earnings ratio of 13.75, a PEG ratio of 1.01 and a beta of 1.27.

Brinker International (NYSE:EAT) last issued its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share for the quarter, beating analysts’ consensus estimates of $2.85 by $0.05. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same period last year, the business earned $2.66 EPS. The firm’s 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 predict that Brinker International, Inc. will post 10.75 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Weiss Ratings lowered Brinker International from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 22nd. Zacks Research lowered Brinker International from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Barclays lifted their price target on Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Wolfe Research initiated coverage on Brinker International in a research note on Monday, March 9th. They issued an “outperform” rating and a $184.00 price objective on the stock. Finally, Citigroup cut their price objective 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. Fourteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock 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.