Legal & General Group Plc Has $16.62 Million Position in Brinker International, Inc. $EAT

Legal & General Group Plc cut its position in Brinker International, Inc. (NYSE:EAT) by 11.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 115,788 shares of the restaurant operator’s stock after selling 14,493 shares during the quarter. Legal & General Group Plc’s holdings in Brinker International were worth $16,618,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aquatic Capital Management LLC boosted its position in Brinker International by 48.3% in the third quarter. Aquatic Capital Management LLC now owns 101,282 shares of the restaurant operator’s stock valued at $12,830,000 after buying an additional 32,991 shares in the last quarter. Victory Capital Management Inc. boosted its position in Brinker International by 319.9% in the third quarter. Victory Capital Management Inc. now owns 93,499 shares of the restaurant operator’s stock valued at $11,844,000 after buying an additional 71,232 shares in the last quarter. Dynamic Technology Lab Private Ltd boosted its position in Brinker International by 53.8% in the third quarter. Dynamic Technology Lab Private Ltd now owns 41,823 shares of the restaurant operator’s stock valued at $5,298,000 after buying an additional 14,622 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Brinker International by 2.0% in the third quarter. Dimensional Fund Advisors LP now owns 975,039 shares of the restaurant operator’s stock valued at $123,541,000 after buying an additional 18,935 shares in the last quarter. Finally, Navellier & Associates Inc. boosted its position in Brinker International by 25.6% in the third quarter. Navellier & Associates Inc. now owns 18,491 shares of the restaurant operator’s stock valued at $2,342,000 after buying an additional 3,771 shares in the last quarter.

Wall Street Analysts Forecast Growth

EAT has been the topic of a number of research reports. Zacks Research lowered shares of Brinker International from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Barclays upped their target price on shares of Brinker International from $170.00 to $175.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 30th. TD Cowen reduced their target price 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. DA Davidson initiated coverage on shares of Brinker International in a research report on Friday, March 6th. They set a “neutral” rating and a $155.00 target price on the stock. Finally, Wolfe Research started coverage on shares of Brinker International in a research report on Monday, March 9th. They set an “outperform” rating and a $184.00 target price on the stock. Fourteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Brinker International currently has a consensus rating of “Moderate Buy” and a consensus target price of $185.11.

Brinker International Stock Down 0.2%

Shares of EAT stock opened at $142.08 on Tuesday. The firm has a market capitalization of $6.09 billion, a P/E ratio of 13.93, a PEG ratio of 1.02 and a beta of 1.32. The company has a current ratio of 0.40, a quick ratio of 0.35 and a debt-to-equity ratio of 1.05. The firm’s fifty day moving average price is $143.45 and its two-hundred day moving average price is $146.89. Brinker International, Inc. has a 1 year low of $100.30 and a 1 year high of $187.12.

Brinker International (NYSE:EAT) last announced its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 EPS for the quarter, beating analysts’ consensus estimates of $2.85 by $0.05. The firm had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.47 billion. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The company’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter last year, the company posted $2.66 earnings per share. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. On average, equities analysts predict that Brinker International, Inc. will post 10.75 EPS for the current fiscal year.

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.