Brinker International (NYSE:EAT) Director Sells 1,775 Shares of Stock

by · The Cerbat Gem

Brinker International, Inc. (NYSE:EATGet Free Report) Director Cindy Davis sold 1,775 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $248.92, for a total transaction of $441,833.00. Following the completion of the sale, the director owned 8,973 shares of the company’s stock, valued at approximately $2,233,559.16. The trade was a 16.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Brinker International Trading Up 2.1%

EAT stock traded up $4.96 on Monday, hitting $242.11. 924,214 shares of the company were exchanged, compared to its average volume of 1,172,871. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.45 and a quick ratio of 0.35. The stock has a market capitalization of $10.38 billion, a price-to-earnings ratio of 22.23, a price-to-earnings-growth ratio of 1.32 and a beta of 1.23. Brinker International, Inc. has a twelve month low of $100.30 and a twelve month high of $253.71. The business’s fifty day moving average is $186.95 and its two-hundred day moving average is $160.75.

Brinker International (NYSE:EATGet Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). Brinker International had a net margin of 8.39% and a return on equity of 122.35%. The company had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.53 billion. During the same quarter last year, the business earned $2.30 EPS. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. As a group, research analysts forecast that Brinker International, Inc. will post 13.19 earnings per share for the current year.

Hedge Funds Weigh In On Brinker International

Several hedge funds and other institutional investors have recently made changes to their positions in EAT. Transamerica Financial Advisors LLC purchased a new stake in Brinker International during the 2nd quarter worth $111,000. Corient Private Wealth LP purchased a new position in Brinker International in the second quarter valued at about $362,000. Bank of America Corp DE purchased a new position in Brinker International in the second quarter valued at about $39,687,000. Freestone Grove Partners LP acquired a new position in shares of Brinker International during the second quarter worth about $91,237,000. Finally, Man Group plc acquired a new position in shares of Brinker International during the second quarter worth about $7,996,000.

Brinker International News Roundup

Here are the key news stories impacting Brinker International this week:

  • Positive Sentiment: Momentum remains a key support: EAT rose 5.31% over the past week, and Zacks highlighted the stock as attractive for momentum-focused investors. Brinker International Is Up 5.31% in One Week
  • Positive Sentiment: Zacks also cited Brinker’s growth characteristics as reasons the company could outperform the broader market, providing a favorable fundamental narrative for investors. Is Brinker International a Solid Growth Stock?
  • Neutral Sentiment: Piper Sandler raised its price target from $166 to $240 while maintaining a Neutral rating. The higher target reflects improved expectations, but it implies limited upside relative to recent trading levels. Piper Sandler Raises Brinker Price Target
  • Neutral Sentiment: Analyst sentiment remains a focus for investors, with coverage discussing broker ratings and whether Wall Street expectations justify the stock’s valuation. Brinker International Broker Ratings
  • Negative Sentiment: Northcoast Research cut Brinker to Neutral, adding to concerns that the sharp rally may have outpaced near-term fundamental support. Brinker Cut to Neutral at Northcoast Research
  • Negative Sentiment: Multiple insiders sold shares, including CEO Kevin Hochman, who sold 40,000 shares worth approximately $9.7 million; EVP sales totaled more than $7.2 million, while the COO, SVP and a director also reduced their holdings. The transactions do not necessarily indicate deteriorating operations, but the breadth and size of the selling may weigh on sentiment.

Analyst Ratings Changes

A number of equities research analysts have issued reports on EAT shares. KeyCorp boosted their price target on Brinker International from $204.00 to $275.00 and gave the company an “overweight” rating in a research report on Thursday. Bank of America raised their price objective on Brinker International from $224.00 to $310.00 and gave the stock a “buy” rating in a report on Friday. UBS Group lifted their price objective on Brinker International from $190.00 to $260.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Citigroup boosted their target price on Brinker International from $227.00 to $282.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Stephens increased their target price on shares of Brinker International from $220.00 to $300.00 and gave the stock an “overweight” rating in a research report on Thursday. Sixteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $238.05.

Check Out Our Latest Research Report on EAT

About Brinker International

(Get 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.

Read More