Hillsdale Investment Management Inc. Trims Stock Holdings in Brinker International, Inc. $EAT

Hillsdale Investment Management Inc. lowered its holdings in Brinker International, Inc. (NYSE:EAT) by 17.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 43,950 shares of the restaurant operator’s stock after selling 9,250 shares during the period. Hillsdale Investment Management Inc. owned about 0.10% of Brinker International worth $6,308,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd purchased a new position in Brinker International in the third quarter valued at about $25,000. Allworth Financial LP boosted its holdings 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 holdings in Brinker International by 45.1% in 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 during the last quarter. First Horizon Corp boosted its holdings in Brinker International by 116.0% in 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 during the last quarter. Finally, Global Retirement Partners LLC boosted its holdings in Brinker International by 1,233.3% in the fourth quarter. Global Retirement Partners LLC now owns 360 shares of the restaurant operator’s stock valued at $52,000 after purchasing an additional 333 shares during the last quarter.

Brinker International Stock Up 1.6%

Shares of Brinker International stock opened at $142.22 on Friday. 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 business’s 50 day simple moving average is $143.51 and its 200-day simple moving average is $146.36. The stock has a market capitalization of $6.10 billion, a price-to-earnings ratio of 13.94, a PEG ratio of 1.02 and a beta of 1.32. Brinker International, Inc. has a twelve month low of $100.30 and a twelve month high of $187.12.

Brinker International (NYSE:EAT) last announced 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. The business had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.47 billion. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The business’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the firm earned $2.66 EPS. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. Equities research analysts forecast that Brinker International, Inc. will post 10.75 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have commented on EAT. Citigroup reduced their target price on Brinker International from $190.00 to $186.00 and set a “buy” rating on the stock in a report on Monday, April 13th. Wall Street Zen downgraded Brinker International from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. KeyCorp raised Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 target price on the stock in a report on Thursday, April 2nd. Barclays increased their target price on Brinker International from $170.00 to $175.00 and gave the stock an “equal weight” rating in a report on Thursday, April 30th. Finally, Morgan Stanley increased their target price on Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Fourteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, Brinker International has a consensus 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.