Quantbot Technologies LP Has $9.52 Million Position in Brinker International, Inc. $EAT

Key Points

• Quantbot Technologies LP reduced its stake in Brinker International by 5.5%, holding about 0.14% of the company worth approximately $9.5 million after selling shares in the 1st quarter.
• Several large investors, including Sequoia Financial Advisors and Range Financial Group, have recently acquired new positions in Brinker International, indicating growing interest from institutional investors.
• Brinker International's latest earnings report showed it exceeded analysts' expectations, with $2.49 EPS and revenue of $1.46 billion, reflecting a 21% year-over-year increase.

Quantbot Technologies LP decreased its position in Brinker International, Inc. (NYSE:EAT - Free Report) by 5.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 63,889 shares of the restaurant operator's stock after selling 3,686 shares during the quarter. Quantbot Technologies LP owned about 0.14% of Brinker International worth $9,523,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Westfield Capital Management Co. LP boosted its position in Brinker International by 102.0% during the first quarter. Westfield Capital Management Co. LP now owns 995,713 shares of the restaurant operator's stock worth $148,411,000 after purchasing an additional 502,897 shares during the period. Price T Rowe Associates Inc. MD boosted its position in Brinker International by 3,277.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 987,334 shares of the restaurant operator's stock worth $130,615,000 after purchasing an additional 958,101 shares during the period. Dimensional Fund Advisors LP boosted its position in Brinker International by 5.1% during the first quarter. Dimensional Fund Advisors LP now owns 967,550 shares of the restaurant operator's stock worth $144,201,000 after purchasing an additional 46,896 shares during the period. Balyasny Asset Management L.P. bought a new stake in Brinker International during the fourth quarter worth approximately $82,408,000. Finally, Northern Trust Corp boosted its position in Brinker International by 10.2% during the fourth quarter. Northern Trust Corp now owns 512,613 shares of the restaurant operator's stock worth $67,814,000 after purchasing an additional 47,378 shares during the period.

Brinker International Stock Performance

Shares of EAT traded down $1.5350 during mid-day trading on Wednesday, hitting $152.2950. The company's stock had a trading volume of 1,317,280 shares, compared to its average volume of 1,426,021. Brinker International, Inc. has a one year low of $66.72 and a one year high of $192.21. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.23 and a current ratio of 0.31. The firm has a market capitalization of $6.78 billion, a PE ratio of 18.33, a price-to-earnings-growth ratio of 0.97 and a beta of 1.68. The stock's 50-day moving average is $166.87 and its two-hundred day moving average is $157.85.

Brinker International (NYSE:EAT - Get Free Report) last issued its earnings results on Wednesday, August 13th. The restaurant operator reported $2.49 EPS for the quarter, beating analysts' consensus estimates of $2.47 by $0.02. The business had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.42 billion. Brinker International had a return on equity of 211.86% and a net margin of 7.12%.Brinker International's revenue was up 21.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.61 earnings per share. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. As a group, sell-side analysts anticipate that Brinker International, Inc. will post 8.3 EPS for the current year.

Insiders Place Their Bets

In related news, Director Harriet Edelman sold 8,325 shares of the company's stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $157.00, for a total value of $1,307,025.00. Following the completion of the transaction, the director directly owned 28,905 shares in the company, valued at approximately $4,538,085. This represents a 22.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Joseph Michael Depinto sold 10,000 shares of the company's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $170.36, for a total value of $1,703,600.00. Following the completion of the transaction, the director owned 99,297 shares of the company's stock, valued at $16,916,236.92. The trade was a 9.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.72% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on EAT. BMO Capital Markets upped their target price on Brinker International from $150.00 to $170.00 and gave the stock a "market perform" rating in a research report on Thursday, August 14th. Barclays upped their target price on Brinker International from $166.00 to $170.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 14th. Bank of America increased their price objective on Brinker International from $186.00 to $190.00 and gave the company a "neutral" rating in a research report on Thursday, August 14th. Wells Fargo & Company increased their price objective on Brinker International from $150.00 to $165.00 and gave the company an "equal weight" rating in a research report on Thursday, July 17th. Finally, Morgan Stanley increased their price objective on Brinker International from $149.00 to $161.00 and gave the company an "equal weight" rating in a research report on Thursday, August 14th. Four equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $171.41.

Brinker International Profile

Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.