Brinker International, Inc. (NYSE:EAT – Get Free Report) SVP Daniel Fuller sold 9,960 shares of Brinker International stock in a transaction on Monday, August 17th. The stock was sold at an average price of $243.43, for a total transaction of $2,424,562.80. Following the transaction, the senior vice president directly owned 32,086 shares of the company’s stock, valued at approximately $7,810,694.98. This trade represents a 23.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Brinker International Price Performance
NYSE:EAT opened at $235.22 on Wednesday. Brinker International, Inc. has a one year low of $100.30 and a one year high of $253.71. The company has a market cap of $10.09 billion, a P/E ratio of 21.60, a P/E/G ratio of 1.32 and a beta of 1.23. The firm’s fifty day moving average price is $190.57 and its two-hundred day moving average price is $161.90. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.45 and a quick ratio of 0.35.
Brinker International (NYSE:EAT – Get Free Report) last posted its earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. Brinker International had a return on equity of 122.35% and a net margin of 8.39%.The business’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.30 EPS. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Equities analysts expect that Brinker International, Inc. will post 13.24 earnings per share for the current year.
More Brinker International News
- Positive Sentiment: Zacks highlighted rising earnings estimates for Brinker International, suggesting improving analyst expectations could support the shares. The company recently reported revenue growth of 5.1% year over year and expects fiscal 2027 EPS of $12.60 to $13.40. Earnings Estimates Moving Higher for Brinker International
- Positive Sentiment: Brinker’s strong price momentum and growth profile remain supportive factors. Zacks noted that EAT had gained 5.31% over the prior week and may appeal to momentum and growth investors. Brinker International Growth Stock Analysis
- Neutral Sentiment: Piper Sandler raised its price target from $166 to $240 but kept a Neutral rating, indicating improved expectations while signaling limited upside at recent levels. Northcoast Research also moved its rating to Neutral. Piper Sandler Raises Brinker Price Target
- Negative Sentiment: Several senior executives reduced their holdings. CEO Kevin Hochman sold 40,000 shares for approximately $9.7 million, while SVP Daniel Fuller, EVPs George Felix and Aaron White, COO Douglas Comings, and Director Cindy Davis also reported sales. The breadth of the transactions may weigh on sentiment, although some sales were conducted under a Rule 10b5-1 plan or to cover taxes related to vested shares. Brinker Insider Sales After Record Stock Surge
Wall Street Analyst Weigh In
Several research firms recently issued reports on EAT. Wells Fargo & Company boosted their price target on Brinker International from $220.00 to $280.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. KeyCorp boosted their target price on shares of Brinker International from $204.00 to $275.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Northcoast Research downgraded shares of Brinker International from a “buy” rating to a “neutral” rating in a research note on Friday, August 14th. TD Cowen raised their price target on shares of Brinker International from $210.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Finally, Stephens lifted their price objective on shares of Brinker International from $220.00 to $300.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Sixteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $238.05.
Get Our Latest Research Report on Brinker International
Institutional Investors Weigh In On Brinker International
Several institutional investors and hedge funds have recently bought and sold shares of EAT. Livforsakringsbolaget Skandia Omsesidigt bought a new position in Brinker International in the 2nd quarter valued at about $3,167,000. Empowered Funds LLC acquired a new position in shares of Brinker International in the 2nd quarter valued at approximately $10,986,000. Public Employees Retirement System of Ohio bought a new stake in shares of Brinker International during the 2nd quarter worth approximately $219,000. Transamerica Financial Advisors LLC bought a new stake in shares of Brinker International during the 2nd quarter worth approximately $111,000. Finally, Corient Private Wealth LP acquired a new stake in shares of Brinker International during the 2nd quarter worth approximately $362,000.
About Brinker International
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.
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