Hennessy Advisors Inc. Reduces Holdings in Brinker International, Inc. $EAT

Market Beat
2026.01.01 12:13
portai
I'm PortAI, I can summarize articles.

Hennessy Advisors Inc. has significantly reduced its stake in Brinker International, Inc. by 88.8%, now holding 64,600 shares valued at approximately $8.18 million. This change follows a sale of 513,000 shares in the third quarter. Other investors have also adjusted their positions in Brinker. The company's stock has seen a slight increase of 0.4%, with recent earnings surpassing analyst expectations. Analysts have varied price targets for Brinker, with an average target of $170.29, reflecting a generally positive outlook on the stock.