Y Intercept Hong Kong Ltd Buys 24,650 Shares of Brinker International, Inc. $EAT

Y Intercept Hong Kong Ltd lifted its stake in shares of Brinker International, Inc. (NYSE:EAT) by 857.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 27,525 shares of the restaurant operator’s stock after buying an additional 24,650 shares during the period. Y Intercept Hong Kong Ltd owned about 0.06% of Brinker International worth $3,930,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of EAT. Caitong International Asset Management Co. Ltd bought a new stake in Brinker International during the 3rd quarter worth $25,000. Transamerica Financial Advisors LLC raised its position in Brinker International by 570.4% in the fourth quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 154 shares during the last quarter. Allworth Financial LP raised its position in Brinker International by 58.5% in the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock valued at $28,000 after purchasing an additional 83 shares during the last quarter. Salomon & Ludwin LLC boosted its stake in shares of Brinker International by 45.1% during the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock valued at $45,000 after purchasing an additional 93 shares in the last quarter. Finally, First Horizon Corp boosted its stake in shares of Brinker International by 116.0% during the fourth quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock valued at $48,000 after purchasing an additional 181 shares in the last quarter.

Brinker International Trading Down 1.7%

Shares of NYSE EAT traded down $2.95 during trading on Tuesday, reaching $173.33. The company had a trading volume of 306,646 shares, compared to its average volume of 1,170,880. The stock has a market cap of $7.43 billion, a P/E ratio of 17.01, a PEG ratio of 1.10 and a beta of 1.24. The company’s fifty day moving average price is $149.16 and its 200-day moving average price is $150.77. The company has a quick ratio of 0.35, a current ratio of 0.40 and a debt-to-equity ratio of 1.05. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $181.72.

Brinker International (NYSE:EAT) last issued its quarterly earnings data 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 company 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 was up 3.2% compared to the same quarter last year. During the same period last year, the company earned $2.66 earnings per share. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. As a group, research analysts expect that Brinker International, Inc. will post 10.75 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Zacks Research downgraded Brinker International from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Morgan Stanley lifted their target price on shares of Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Citigroup reduced their target price on shares of Brinker International from $190.00 to $186.00 and set a “buy” rating on the stock in a report on Monday, April 13th. JPMorgan Chase & Co. upped their price target on shares of Brinker International from $187.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, March 16th. Finally, Weiss Ratings raised shares of Brinker International from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 16th. Fourteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $185.11.

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.