Gibbs Wealth Management Purchases 3,125 Shares of Brinker International, Inc. $EAT

Gibbs Wealth Management boosted its position in Brinker International, Inc. (NYSE:EAT) by 67.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 7,761 shares of the restaurant operator’s stock after purchasing an additional 3,125 shares during the period. Gibbs Wealth Management’s holdings in Brinker International were worth $1,108,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of EAT. Caitong International Asset Management Co. Ltd bought a new stake in Brinker International in the third quarter valued at approximately $25,000. Transamerica Financial Advisors LLC lifted its position 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 buying an additional 154 shares during the last quarter. Allworth Financial LP lifted its position in shares of 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 buying an additional 83 shares during the last quarter. Salomon & Ludwin LLC boosted its stake in shares of Brinker International by 45.1% during the 4th quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock worth $45,000 after acquiring an additional 93 shares during the period. Finally, First Horizon Corp boosted its stake in shares of Brinker International by 116.0% during the 4th quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock worth $48,000 after acquiring an additional 181 shares during the period.

Brinker International Price Performance

Brinker International stock opened at $186.87 on Friday. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $196.38. The stock’s 50 day moving average is $161.90 and its 200-day moving average is $154.40. 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 company has a market capitalization of $8.01 billion, a price-to-earnings ratio of 18.32, a PEG ratio of 1.10 and a beta of 1.24.

Brinker International (NYSE:EAT) last announced its 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 company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.47 billion. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The firm’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter last year, the company earned $2.66 earnings per share. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. Equities research analysts expect that Brinker International, Inc. will post 10.76 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on EAT. Wells Fargo & Company boosted their target price on Brinker International from $200.00 to $220.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Stephens began coverage on Brinker International in a report on Friday, July 17th. They set an “overweight” rating and a $220.00 price target for the company. TD Cowen lifted their price objective on shares of Brinker International from $170.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. Citigroup decreased their price objective 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, Morgan Stanley increased their price objective on shares of Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $191.20.

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.