Louisiana State Employees Retirement System Makes New $2.75 Million Investment in Brinker International, Inc. $EAT

Louisiana State Employees Retirement System purchased a new stake in shares of Brinker International, Inc. (NYSE:EAT) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 19,300 shares of the restaurant operator’s stock, valued at approximately $2,755,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Aquatic Capital Management LLC raised its holdings in Brinker International by 48.3% in the 3rd quarter. Aquatic Capital Management LLC now owns 101,282 shares of the restaurant operator’s stock worth $12,830,000 after purchasing an additional 32,991 shares during the period. Dynamic Technology Lab Private Ltd boosted its stake in Brinker International by 53.8% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 41,823 shares of the restaurant operator’s stock worth $5,298,000 after purchasing an additional 14,622 shares during the period. Victory Capital Management Inc. increased its holdings in Brinker International by 319.9% in the 3rd quarter. Victory Capital Management Inc. now owns 93,499 shares of the restaurant operator’s stock valued at $11,844,000 after acquiring an additional 71,232 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Brinker International by 2.0% in the third quarter. Dimensional Fund Advisors LP now owns 975,039 shares of the restaurant operator’s stock worth $123,541,000 after purchasing an additional 18,935 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Brinker International by 29.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 168,467 shares of the restaurant operator’s stock worth $21,342,000 after acquiring an additional 37,947 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on EAT. Weiss Ratings upgraded Brinker International from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 16th. TD Cowen reduced their price objective 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. Morgan Stanley boosted their target price on shares of Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. upped their target price on Brinker International from $187.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, March 16th. Finally, 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. Fourteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Brinker International currently has a consensus rating of “Moderate Buy” and a consensus target price of $185.11.

Brinker International Stock Performance

Shares of EAT stock opened at $171.69 on Monday. The company has a quick ratio of 0.35, a current ratio of 0.40 and a debt-to-equity ratio of 1.05. The business has a 50-day simple moving average of $146.50 and a 200-day simple moving average of $149.46. Brinker International, Inc. has a 52-week low of $100.30 and a 52-week high of $187.12. The stock has a market cap of $7.36 billion, a PE ratio of 16.83, a price-to-earnings-growth ratio of 1.23 and a beta of 1.27.

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

Brinker International Company 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.