Brinker International, Inc. $EAT Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its holdings in Brinker International, Inc. (NYSE:EAT – Free Report) by 61.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 10,801 shares of the restaurant operator’s stock after purchasing an additional 4,101 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Brinker International were worth $1,550,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Meeder Asset Management Inc. boosted its position in shares of Brinker International by 56.3% in the third quarter. Meeder Asset Management Inc. now owns 22,580 shares of the restaurant operator’s stock worth $2,860,000 after buying an additional 8,137 shares during the period. Aquatic Capital Management LLC raised its holdings in shares of Brinker International by 48.3% during the 3rd quarter. Aquatic Capital Management LLC now owns 101,282 shares of the restaurant operator’s stock valued at $12,830,000 after buying an additional 32,991 shares during the period. Y Intercept Hong Kong Ltd raised its holdings in shares of Brinker International by 87.7% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 23,023 shares of the restaurant operator’s stock valued at $2,917,000 after buying an additional 10,754 shares during the period. Navellier & Associates Inc. raised its holdings in shares of Brinker International by 25.6% during the 3rd quarter. Navellier & Associates Inc. now owns 18,491 shares of the restaurant operator’s stock valued at $2,342,000 after buying an additional 3,771 shares during the period. Finally, Dynamic Technology Lab Private Ltd lifted its position in Brinker International by 53.8% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 41,823 shares of the restaurant operator’s stock worth $5,298,000 after acquiring an additional 14,622 shares in the last quarter.

Brinker International Price Performance

Shares of NYSE EAT opened at $145.05 on Friday. The company has a quick ratio of 0.31, a current ratio of 0.36 and a debt-to-equity ratio of 1.19. Brinker International, Inc. has a fifty-two week low of $100.30 and a fifty-two week high of $187.12. The business has a 50 day moving average price of $149.65 and a two-hundred day moving average price of $141.46. The firm has a market cap of $6.32 billion, a PE ratio of 14.67, a price-to-earnings-growth ratio of 1.02 and a beta of 1.34.

Brinker International (NYSE:EAT – Get Free Report) last announced its earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.53 by $0.34. The company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.41 billion. Brinker International had a return on equity of 134.92% and a net margin of 7.98%.Brinker International’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the company posted $2.80 EPS. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. Sell-side analysts expect that Brinker International, Inc. will post 8.3 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Brinker International news, EVP Aaron M. White sold 7,000 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $165.00, for a total transaction of $1,155,000.00. Following the transaction, the executive vice president directly owned 42,756 shares in the company, valued at $7,054,740. This represents a 14.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Michaela M. Ware sold 5,000 shares of the firm’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $162.40, for a total transaction of $812,000.00. Following the transaction, the executive vice president directly owned 19,923 shares of the company’s stock, valued at approximately $3,235,495.20. This represents a 20.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 97,678 shares of company stock valued at $15,700,372. 1.43% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have weighed in on EAT shares. TD Cowen started coverage on Brinker International in a report on Tuesday, January 20th. They issued a “buy” rating and a $192.00 price target for the company. Jefferies Financial Group lifted their price objective on shares of Brinker International from $155.00 to $175.00 and gave the company a “hold” rating in a research note on Thursday, January 29th. Morgan Stanley boosted their target price on shares of Brinker International from $200.00 to $205.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. DA Davidson began coverage on shares of Brinker International in a report on Friday, March 6th. They set a “neutral” rating and a $155.00 price target for the company. Finally, Citigroup lifted their price target on shares of Brinker International from $187.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Fourteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Brinker International currently has a consensus rating of “Moderate Buy” and an average target price of $186.11.

View Our Latest Stock Analysis on Brinker International

Brinker International Company 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.

Featured Articles

• Five stocks we like better than Brinker International

Want to see what other hedge funds are holding EAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Brinker International, Inc. (NYSE:EAT – Free Report).