Brinker International (NYSE:EAT) SVP Sells 1,837 Shares

Brinker International, Inc. (NYSE:EAT) SVP Daniel Fuller sold 1,837 shares of Brinker International stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $245.86, for a total value of $451,644.82. Following the transaction, the senior vice president owned 42,046 shares of the company’s stock, valued at $10,337,429.56. The trade was a 4.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Brinker International Stock Performance

NYSE EAT traded up $4.96 during trading on Monday, reaching $242.11. 924,214 shares of the company’s stock 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 business has a 50 day moving average price of $186.95 and a 200-day moving average price of $160.75. The stock has a market capitalization of $10.38 billion, a P/E ratio of 22.23, a PEG ratio of 1.32 and a beta of 1.23. Brinker International, Inc. has a fifty-two week low of $100.30 and a fifty-two week high of $253.71.

Brinker International (NYSE:EAT) last released its quarterly earnings data 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). Brinker International had a net margin of 8.39% and a return on equity of 122.35%. The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.53 billion. During the same period in the previous year, the business earned $2.30 earnings per share. The business’s quarterly revenue was up 5.1% on a year-over-year basis. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Sell-side analysts forecast that Brinker International, Inc. will post 13.19 earnings per share for the current fiscal year.

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.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on EAT shares. Wells Fargo & Company lifted their price objective on shares of Brinker International from $220.00 to $280.00 and gave the stock an “overweight” rating in a research report on Thursday. Barclays increased their price objective on shares of Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Citigroup raised their price objective on shares of Brinker International from $227.00 to $282.00 and gave the stock a “buy” rating in a research report on Thursday. Weiss Ratings upgraded Brinker International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Finally, DA Davidson upped their target price on Brinker International from $160.00 to $260.00 and gave the company a “neutral” rating in a research report on Thursday. Sixteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $238.05.

Hedge Funds Weigh In On Brinker International

Several institutional investors and hedge funds have recently modified their holdings of the business. Transamerica Financial Advisors LLC raised its stake in Brinker International by 570.4% in the 4th quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock worth $26,000 after purchasing an additional 154 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Brinker International during the 3rd quarter worth approximately $25,000. Kilter Group LLC bought a new position in shares of Brinker International during the second quarter worth approximately $35,000. Allworth Financial LP increased its holdings in shares of Brinker International by 58.5% during the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 83 shares during the period. Finally, Salomon & Ludwin LLC raised its position in shares of Brinker International by 45.1% in the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock valued at $45,000 after buying an additional 93 shares in the last quarter.

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.