--- title: "Hennessy Advisors Inc. Reduces Holdings in Brinker International, Inc. $EAT" type: "News" locale: "en" url: "https://longbridge.com/en/news/271274047.md" description: "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." datetime: "2026-01-01T12:13:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/271274047.md) - [en](https://longbridge.com/en/news/271274047.md) - [zh-HK](https://longbridge.com/zh-HK/news/271274047.md) generator: "portal-rs" --- # Hennessy Advisors Inc. Reduces Holdings in Brinker International, Inc. $EAT Hennessy Advisors Inc. lowered its stake in Brinker International, Inc. (NYSE:EAT - Free Report) by 88.8% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 64,600 shares of the restaurant operator's stock after selling 513,000 shares during the quarter. Hennessy Advisors Inc. owned approximately 0.15% of Brinker International worth $8,184,000 as of its most recent filing with the SEC. Get **Brinker International** alerts: - Brinker Serves Up Earnings Beat, Sidesteps Cost Pressures Other large investors have also recently bought and sold shares of the company. Concord Wealth Partners acquired a new position in shares of Brinker International in the second quarter worth $25,000. Allworth Financial LP boosted its stake in shares of Brinker International by 105.8% during the second quarter. Allworth Financial LP now owns 142 shares of the restaurant operator's stock valued at $26,000 after acquiring an additional 73 shares during the last quarter. AdvisorNet Financial Inc purchased a new stake in Brinker International during the 2nd quarter worth about $33,000. Twin Peaks Wealth Advisors LLC acquired a new position in Brinker International in the 2nd quarter valued at about $34,000. Finally, GPS Wealth Strategies Group LLC lifted its holdings in Brinker International by 52.1% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 219 shares of the restaurant operator's stock valued at $39,000 after purchasing an additional 75 shares in the last quarter. ## Brinker International Stock Up 0.4% Shares of EAT opened at $143.40 on Thursday. Brinker International, Inc. has a fifty-two week low of $100.30 and a fifty-two week high of $192.21. The company's fifty day moving average is $132.78 and its two-hundred day moving average is $146.75. The firm has a market cap of $6.37 billion, a PE ratio of 14.88, a price-to-earnings-growth ratio of 0.98 and a beta of 1.35. The company has a quick ratio of 0.29, a current ratio of 0.35 and a debt-to-equity ratio of 1.53. - 3 Summer Short-Squeeze Candidates With Catalysts for Covering Brinker International (NYSE:EAT - Get Free Report) last released its quarterly earnings data on Wednesday, October 29th. The restaurant operator reported $1.93 EPS for the quarter, topping analysts' consensus estimates of $1.76 by $0.17. Brinker International had a return on equity of 164.66% and a net margin of 7.94%.The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the prior year, the firm posted $0.95 EPS. The business's revenue for the quarter was up 18.5% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. Analysts forecast that Brinker International, Inc. will post 8.3 earnings per share for the current year. ## Analysts Set New Price Targets A number of equities analysts have recently weighed in on EAT shares. Citigroup raised shares of Brinker International from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $144.00 to $176.00 in a research report on Tuesday, November 25th. Wells Fargo & Company lifted their target price on shares of Brinker International from $160.00 to $175.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 17th. Stifel Nicolaus cut their price target on Brinker International from $215.00 to $200.00 and set a "buy" rating for the company in a report on Friday, October 24th. Bank of America upgraded Brinker International from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $190.00 to $192.00 in a report on Monday, October 6th. Finally, Mizuho initiated coverage on Brinker International in a research report on Tuesday, October 28th. They issued an "outperform" rating and a $155.00 price objective for the company. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $170.29. - Is Wingstop The Perfect Fast Casual Restaurant Model? **Check Out Our Latest Stock Analysis on EAT** ## Brinker International Profile (Free Report) 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. ## Further Reading - Five stocks we like better than Brinker International - The Best $1 You'll Spend This Holiday Season - Holiday surprise: $1 gets you everything - America’s “most deplorable” Christmas sale - Market Panic: Trump Just Dropped a Bomb on Your Stocks - Your family's wealth expires in 2026? *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in Brinker International Right Now? Before you consider Brinker International, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brinker International wasn't on the list. While Brinker International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [HNNA.US](https://longbridge.com/en/quote/HNNA.US.md) - [EAT.US](https://longbridge.com/en/quote/EAT.US.md) ## Related News & Research - [Why Brinker International (EAT) Is Up 5.5% After Strong Q4 Earnings And 2027 Revenue Guidance](https://longbridge.com/en/news/297045967.md) - [Brinker Chief Legal Officer Daniel S. 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