Interval Partners LP Grows Position in Brinker International, Inc. $EAT

Interval Partners LP grew its stake in Brinker International, Inc. (NYSE:EAT) by 154.2% during the 4th quarter, HoldingsChannel reports. The firm owned 106,918 shares of the restaurant operator’s stock after buying an additional 64,862 shares during the quarter. Interval Partners LP’s holdings in Brinker International were worth $15,345,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Aquatic Capital Management LLC boosted its position in Brinker International by 48.3% in the 3rd quarter. Aquatic Capital Management LLC now owns 101,282 shares of the restaurant operator’s stock worth $12,830,000 after purchasing an additional 32,991 shares in the last quarter. Dynamic Technology Lab Private Ltd boosted its position in Brinker International by 53.8% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 41,823 shares of the restaurant operator’s stock worth $5,298,000 after purchasing an additional 14,622 shares in the last quarter. Victory Capital Management Inc. boosted its position in Brinker International by 319.9% in the 3rd quarter. Victory Capital Management Inc. now owns 93,499 shares of the restaurant operator’s stock worth $11,844,000 after purchasing an additional 71,232 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Brinker International by 2.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 975,039 shares of the restaurant operator’s stock worth $123,541,000 after purchasing an additional 18,935 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Brinker International by 29.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 168,467 shares of the restaurant operator’s stock worth $21,342,000 after purchasing an additional 37,947 shares in the last quarter.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on EAT shares. Wolfe Research initiated coverage on Brinker International in a research report on Monday, March 9th. They issued an “outperform” rating and a $184.00 price objective on the stock. DA Davidson initiated coverage on Brinker International in a research report on Friday, March 6th. They set a “neutral” rating and a $155.00 target price on the stock. Morgan Stanley increased their target price on Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Barclays increased their target price on Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Finally, TD Cowen decreased 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. Fourteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $185.11.

Brinker International Stock Up 3.5%

Shares of EAT opened at $158.93 on Thursday. Brinker International, Inc. has a 52-week low of $100.30 and a 52-week high of $187.12. The company has a market capitalization of $6.82 billion, a PE ratio of 15.58, a price-to-earnings-growth ratio of 1.10 and a beta of 1.27. The stock has a fifty day simple moving average of $144.69 and a two-hundred day simple moving average of $148.40. 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 earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same period last year, the company earned $2.66 EPS. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. As a group, equities analysts forecast that Brinker International, Inc. will post 10.75 EPS for the current year.

About Brinker International

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.