Hsbc Holdings PLC Boosts Stock Position in Brinker International, Inc. $EAT

Hsbc Holdings PLC boosted its position in shares of Brinker International, Inc. (NYSE:EAT) by 155.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,416 shares of the restaurant operator’s stock after acquiring an additional 20,356 shares during the period. Hsbc Holdings PLC’s holdings in Brinker International were worth $4,803,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the business. UBS Group AG lifted its stake in shares of Brinker International by 103.2% during the fourth quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator’s stock worth $427,066,000 after buying an additional 1,511,266 shares during the period. Balyasny Asset Management L.P. increased its position in shares of Brinker International by 667.5% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator’s stock valued at $163,938,000 after acquiring an additional 993,435 shares during the period. Norges Bank purchased a new position in Brinker International in the 4th quarter worth $83,603,000. Congress Asset Management Co. purchased a new position in Brinker International in the 4th quarter worth $80,518,000. Finally, Capital World Investors lifted its position in Brinker International by 96.5% during the 4th quarter. Capital World Investors now owns 1,137,863 shares of the restaurant operator’s stock worth $163,306,000 after acquiring an additional 558,799 shares during the period.

Brinker International Stock Up 3.5%

EAT opened at $181.01 on Friday. The company has a market cap of $7.76 billion, a PE ratio of 17.75, a price-to-earnings-growth ratio of 1.08 and a beta of 1.24. Brinker International, Inc. has a twelve month low of $100.30 and a twelve month high of $182.42. The company has a 50-day moving average price of $151.75 and a 200 day moving average price of $151.38. 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 (NYSE:EAT) last posted its quarterly 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. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.47 billion. During the same period in the previous year, the business posted $2.66 earnings per share. Brinker International’s quarterly revenue was up 3.2% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. Sell-side analysts expect that Brinker International, Inc. will post 10.75 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have weighed in on EAT. Morgan Stanley boosted their price target on Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Weiss Ratings raised Brinker International from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 16th. TD Cowen dropped their target price on Brinker International from $188.00 to $170.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Citigroup cut their price target 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. Finally, 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 research report on Thursday, April 30th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.