Horrell Capital Management Inc. Has $4.95 Million Stock Holdings in Brinker International, Inc. $EAT

Horrell Capital Management Inc. boosted its position in Brinker International, Inc. (NYSE:EAT) by 2.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 27,427 shares of the restaurant operator’s stock after purchasing an additional 597 shares during the period. Brinker International comprises 2.0% of Horrell Capital Management Inc.’s holdings, making the stock its 16th largest position. Horrell Capital Management Inc.’s holdings in Brinker International were worth $4,946,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Allworth Financial LP raised its stake in Brinker International by 105.8% in the second quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock valued at $26,000 after buying an additional 73 shares during the period. GPS Wealth Strategies Group LLC increased its holdings in shares of Brinker International by 52.1% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 219 shares of the restaurant operator’s stock worth $39,000 after acquiring an additional 75 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in Brinker International by 5.9% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,462 shares of the restaurant operator’s stock valued at $264,000 after acquiring an additional 81 shares during the period. Maryland State Retirement & Pension System raised its stake in Brinker International by 0.7% in the 2nd quarter. Maryland State Retirement & Pension System now owns 13,043 shares of the restaurant operator’s stock valued at $2,352,000 after acquiring an additional 85 shares during the period. Finally, Yousif Capital Management LLC lifted its holdings in Brinker International by 0.7% during the 2nd quarter. Yousif Capital Management LLC now owns 12,097 shares of the restaurant operator’s stock valued at $2,181,000 after purchasing an additional 85 shares during the last quarter.

Brinker International Trading Down 0.6%

Shares of NYSE:EAT opened at $105.98 on Wednesday. The company has a market capitalization of $4.71 billion, a P/E ratio of 10.99, a P/E/G ratio of 0.77 and a beta of 1.38. Brinker International, Inc. has a 1 year low of $100.30 and a 1 year high of $192.21. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.35 and a quick ratio of 0.25. The business’s 50 day simple moving average is $130.45 and its 200 day simple moving average is $150.23.

Brinker International (NYSE:EAT) last announced its quarterly earnings data on Wednesday, October 29th. The restaurant operator reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.17. The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Brinker International had a return on equity of 164.66% and a net margin of 7.94%.The company’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.95 EPS. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. On average, research analysts anticipate that Brinker International, Inc. will post 8.3 EPS for the current fiscal year.

Insider Buying and Selling

In other Brinker International news, COO Douglas N. Comings sold 16,000 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $156.48, for a total value of $2,503,680.00. Following the transaction, the chief operating officer directly owned 12,951 shares of the company’s stock, valued at $2,026,572.48. This trade represents a 55.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Harriet Edelman sold 8,325 shares of the business’s stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $157.00, for a total transaction of $1,307,025.00. Following the completion of the transaction, the director owned 28,905 shares of the company’s stock, valued at $4,538,085. The trade was a 22.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 68,325 shares of company stock valued at $10,754,785 over the last quarter. 1.43% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

EAT has been the topic of several research reports. Piper Sandler upped their price objective on shares of Brinker International from $155.00 to $168.00 and gave the company a “neutral” rating in a report on Thursday, August 14th. Evercore ISI upgraded shares of Brinker International from an “in-line” rating to an “outperform” rating and upped their price target for the company from $190.00 to $210.00 in a research note on Thursday, September 4th. Citigroup lowered their price target on shares of Brinker International from $156.00 to $144.00 and set a “neutral” rating on the stock in a report on Thursday, October 30th. Barclays reduced their price objective on Brinker International from $145.00 to $135.00 and set an “equal weight” rating for the company in a report on Thursday, October 30th. Finally, JPMorgan Chase & Co. decreased their price objective on Brinker International from $175.00 to $155.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $165.67.

Brinker International Profile

Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.