Brinker International, Inc. $EAT Stock Position Decreased by Entropy Technologies LP

Entropy Technologies LP cut its position in shares of Brinker International, Inc. (NYSE:EAT) by 39.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,923 shares of the restaurant operator’s stock after selling 9,690 shares during the period. Entropy Technologies LP’s holdings in Brinker International were worth $2,142,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Allworth Financial LP raised its stake in shares of Brinker International by 58.5% during the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 83 shares in the last quarter. Rezny Wealth Management Inc. raised its stake in shares of Brinker International by 0.8% during the 4th quarter. Rezny Wealth Management Inc. now owns 11,738 shares of the restaurant operator’s stock worth $1,685,000 after purchasing an additional 92 shares in the last quarter. Salomon & Ludwin LLC raised 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 purchasing an additional 93 shares in the last quarter. New Age Alpha Advisors LLC raised its stake in shares of Brinker International by 4.8% in the 4th quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator’s stock valued at $294,000 after acquiring an additional 94 shares in the last quarter. Finally, Aviva PLC raised its stake in shares of Brinker International by 2.8% in the 4th quarter. Aviva PLC now owns 4,123 shares of the restaurant operator’s stock valued at $592,000 after acquiring an additional 112 shares in the last quarter.

Brinker International Stock Performance

Shares of NYSE EAT opened at $156.12 on Tuesday. The company has a quick ratio of 0.35, a current ratio of 0.40 and a debt-to-equity ratio of 1.05. The business’s 50 day moving average is $144.33 and its two-hundred day moving average is $148.33. The company has a market cap of $6.70 billion, a P/E ratio of 15.31, a P/E/G ratio of 1.14 and a beta of 1.27. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $187.12.

Brinker International (NYSE:EAT) last issued its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 EPS for the quarter, topping the consensus estimate of $2.85 by $0.05. The company had revenue of $1.47 billion for 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 company’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the previous year, the business posted $2.66 EPS. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. On average, equities analysts expect that Brinker International, Inc. will post 10.75 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Citigroup cut their price objective on Brinker International from $190.00 to $186.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. TD Cowen cut their price objective on Brinker International from $188.00 to $170.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Weiss Ratings downgraded Brinker International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 22nd. Morgan Stanley raised their price objective on Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, JPMorgan Chase & Co. raised their price objective on Brinker International from $187.00 to $190.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. Fourteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average 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.