27,000 Shares in Brinker International, Inc. $EAT Purchased by Swedbank AB

Swedbank AB purchased a new stake in Brinker International, Inc. (NYSE:EAT) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 27,000 shares of the restaurant operator’s stock, valued at approximately $3,855,000.

Other hedge funds also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Brinker International during the 3rd quarter worth approximately $25,000. Transamerica Financial Advisors LLC raised its stake in shares of 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 in the last quarter. Allworth Financial LP lifted 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 worth $28,000 after purchasing an additional 83 shares during the period. Salomon & Ludwin LLC lifted its position 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 period. Finally, First Horizon Corp boosted its stake in Brinker International by 116.0% during the fourth quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock worth $48,000 after buying an additional 181 shares in the last quarter.

Analyst Ratings Changes

Several equities research analysts have issued reports on EAT shares. Citigroup lowered 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. 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 report on Thursday, April 30th. TD Cowen decreased 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. Morgan Stanley upped 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. Finally, Weiss Ratings raised shares of Brinker International from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 16th. 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, the company currently has an average rating of “Moderate Buy” and a consensus target price of $185.11.

Brinker International Price Performance

NYSE:EAT traded up $4.25 during trading hours on Friday, reaching $184.88. The company had a trading volume of 952,929 shares, compared to its average volume of 901,455. The stock has a 50-day moving average of $152.49 and a two-hundred day moving average of $151.61. Brinker International, Inc. has a one year low of $100.30 and a one year high of $189.40. The firm has a market capitalization of $7.93 billion, a PE ratio of 18.13, a PEG ratio of 1.15 and a beta of 1.24. 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 issued its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.85 by $0.05. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The company had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.47 billion. During the same period last year, the business earned $2.66 earnings per share. The business’s 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. Analysts forecast that Brinker International, Inc. will post 10.75 earnings per share 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.