Royce & Associates LP Takes Position in Brinker International, Inc. $EAT

Royce & Associates LP acquired a new stake in shares of Brinker International, Inc. (NYSE:EAT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,804 shares of the restaurant operator’s stock, valued at approximately $546,000.

Other institutional investors have also recently made changes to their positions in the company. Allworth Financial LP lifted its holdings in shares of Brinker International by 58.5% in the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock valued at $28,000 after acquiring an additional 83 shares during the last quarter. Rezny Wealth Management Inc. lifted its holdings in shares of Brinker International by 0.8% in the 4th quarter. Rezny Wealth Management Inc. now owns 11,738 shares of the restaurant operator’s stock valued at $1,685,000 after acquiring an additional 92 shares during the last quarter. Salomon & Ludwin LLC lifted its stake in Brinker International by 45.1% in the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock worth $45,000 after purchasing an additional 93 shares during the last quarter. New Age Alpha Advisors LLC lifted its stake in Brinker International by 4.8% in the fourth quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator’s stock worth $294,000 after purchasing an additional 94 shares during the last quarter. Finally, Aurora Investment Counsel lifted its stake in Brinker International by 2.2% in the third quarter. Aurora Investment Counsel now owns 7,119 shares of the restaurant operator’s stock worth $902,000 after purchasing an additional 152 shares during the last quarter.

Analyst Upgrades and Downgrades

EAT has been the subject of several analyst reports. Weiss Ratings downgraded shares of Brinker International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 22nd. Morgan Stanley raised their price objective on shares of Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. DA Davidson initiated coverage on shares of Brinker International in a research note on Friday, March 6th. They issued a “neutral” rating and a $155.00 price objective for the company. Wolfe Research initiated coverage on shares of Brinker International in a research note on Monday, March 9th. They issued an “outperform” rating and a $184.00 price objective for the company. Finally, Barclays raised their price objective on shares of Brinker International from $170.00 to $175.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, Brinker International has a consensus rating of “Moderate Buy” and a consensus price target of $185.11.

Brinker International Stock Performance

Shares of NYSE:EAT opened at $142.22 on Monday. The firm has a market cap of $6.10 billion, a PE ratio of 13.94, a price-to-earnings-growth ratio of 1.02 and a beta of 1.27. The firm’s 50 day simple moving average is $143.51 and its 200-day simple moving average is $146.64. Brinker International, Inc. has a one year low of $100.30 and a one year high of $187.12. 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 issued its earnings results 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 business 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 quarterly revenue was up 3.2% compared to the same quarter last year. During the same period last 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, equities analysts predict that Brinker International, Inc. will post 10.75 EPS for the current year.

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.