Rockefeller Capital Management L.P. Sells 14,089 Shares of Brinker International, Inc. $EAT

Rockefeller Capital Management L.P. cut its holdings in shares of Brinker International, Inc. (NYSE:EAT) by 97.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 425 shares of the restaurant operator’s stock after selling 14,089 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Brinker International were worth $61,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. UBS Group AG increased 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 valued at $427,066,000 after acquiring an additional 1,511,266 shares during the period. Balyasny Asset Management L.P. lifted its holdings in Brinker International by 667.5% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator’s stock worth $163,938,000 after buying an additional 993,435 shares during the period. Norges Bank bought a new stake in shares of Brinker International in the 4th quarter valued at about $83,603,000. Congress Asset Management Co. bought a new stake in shares of Brinker International in the 4th quarter valued at about $80,518,000. Finally, Capital World Investors increased its stake in shares of Brinker International by 96.5% in the fourth quarter. Capital World Investors now owns 1,137,863 shares of the restaurant operator’s stock valued at $163,306,000 after buying an additional 558,799 shares during the period.

Brinker International Trading Up 2.4%

Shares of NYSE:EAT traded up $4.25 during midday trading on Friday, reaching $184.88. The company’s stock had a trading volume of 952,929 shares, compared to its average volume of 901,455. Brinker International, Inc. has a fifty-two week low of $100.30 and a fifty-two week high of $189.40. 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 firm has a 50 day moving average price of $152.49 and a two-hundred day moving average price of $151.61. The firm has a market capitalization of $7.93 billion, a price-to-earnings ratio of 18.13, a PEG ratio of 1.15 and a beta of 1.24.

Brinker International (NYSE:EAT) last issued its earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share for the quarter, topping analysts’ consensus estimates of $2.85 by $0.05. The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.47 billion. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the previous year, the company posted $2.66 earnings per share. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. As a group, analysts forecast that Brinker International, Inc. will post 10.75 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on EAT. Citigroup lowered their price objective on 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 cut Brinker International from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. KeyCorp raised shares of Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 target price for the company in a research report on Thursday, April 2nd. Barclays raised their price target on shares of Brinker International from $170.00 to $175.00 and gave the stock an “equal weight” rating in a report on Thursday, April 30th. Finally, TD Cowen dropped their price target on shares of Brinker International from $188.00 to $170.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Fourteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Brinker International currently has an average rating of “Moderate Buy” and a consensus 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.