Brokerages Set Brinker International, Inc. (NYSE:EAT) Price Target at $238.05

Brinker International, Inc. (NYSE:EAT) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-four brokerages that are currently covering the company, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold recommendation and seventeen have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $242.1905.

A number of research firms have recently commented on EAT. KeyCorp boosted their price objective on Brinker International from $204.00 to $275.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Bank of America lifted their price objective on shares of Brinker International from $224.00 to $310.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Piper Sandler lifted their target price on Brinker International from $166.00 to $240.00 and gave the company a “neutral” rating in a research note on Monday, August 17th. Citigroup upped their price target on shares of Brinker International from $227.00 to $282.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Finally, BMO Capital Markets raised their price objective on shares of Brinker International from $175.00 to $230.00 and gave the company a “market perform” rating in a research report on Thursday, August 13th.

Insider Buying and Selling

In other news, EVP Aaron M. White sold 16,220 shares of Brinker International stock in a transaction on Friday, August 14th. The stock was sold at an average price of $236.22, for a total value of $3,831,488.40. Following the completion of the sale, the executive vice president directly owned 42,756 shares of the company’s stock, valued at approximately $10,099,822.32. This trade represents a 27.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Daniel S. Fuller sold 1,909 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $253.54, for a total transaction of $484,007.86. Following the sale, the senior vice president directly owned 30,177 shares of the company’s stock, valued at approximately $7,651,076.58. This trade represents a 5.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 145,014 shares of company stock worth $34,958,437 in the last three months. Company insiders own 1.43% of the company’s stock.

Hedge Funds Weigh In On Brinker International

Several institutional investors and hedge funds have recently modified their holdings of EAT. NewEdge Advisors LLC raised its position in Brinker International by 1,118.9% in the 1st quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock valued at $173,000 after buying an additional 1,063 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Brinker International by 271.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 846 shares of the restaurant operator’s stock worth $153,000 after purchasing an additional 618 shares during the last quarter. First Trust Advisors LP increased its position in Brinker International by 1.9% during the second quarter. First Trust Advisors LP now owns 52,249 shares of the restaurant operator’s stock worth $9,422,000 after buying an additional 978 shares during the last quarter. Baird Financial Group Inc. bought a new stake in Brinker International in the 2nd quarter valued at $3,222,000. Finally, Brown Advisory Inc. raised its position in shares of Brinker International by 33.0% in the second quarter. Brown Advisory Inc. now owns 1,789 shares of the restaurant operator’s stock valued at $323,000 after purchasing an additional 444 shares during the period.

More Brinker International News

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

• Positive Sentiment: Zacks Research raised most of its Brinker earnings outlook. Estimates increased for Q1 2027 EPS to $2.29 from $2.16, Q2 2027 to $3.24 from $3.03, Q3 2027 to $3.45 from $3.32, and Q4 2027 to $4.05 from $3.77. The FY2027 forecast rose to $13.03 from $12.29, suggesting stronger expected operating momentum.
• Positive Sentiment: Zacks also lifted its FY2028 EPS estimate to $13.66 from $13.33, raised Q1 2028 to $2.49 from $2.45 and Q3 2028 to $3.54 from $3.37. Its new FY2029 forecast is $14.90 per share, above the current-year consensus of approximately $13.24.
• Neutral Sentiment: The revisions were not uniformly positive: Zacks trimmed its Q2 2028 EPS estimate to $3.30 from $3.34. The mixed adjustment limits the significance of the broader forecast increases.
• Negative Sentiment: Senior Vice President and Chief Legal Officer Daniel Fuller sold 1,909 EAT shares for approximately $484,000 at an average price of $253.54, reducing his holdings by 5.95%. The transaction occurred near the stock’s 52-week high and may reinforce concerns about insider confidence. Daniel Fuller SEC insider-sale filing
• Negative Sentiment: Brinker’s latest quarterly results provide a counterweight to the bullish estimates: EPS of $3.07 narrowly missed the $3.09 consensus, although revenue reached $1.54 billion, rose 5.1% year over year and exceeded expectations. With shares trading at an elevated valuation after a substantial rally, investors may be taking profits despite the company’s solid sales growth and FY2027 EPS guidance of $12.60–$13.40.

Brinker International Stock Down 1.2%

Shares of Brinker International stock opened at $230.51 on Monday. Brinker International has a fifty-two week low of $100.30 and a fifty-two week high of $254.99. The company has a quick ratio of 0.40, a current ratio of 0.45 and a debt-to-equity ratio of 0.95. The firm has a market cap of $9.63 billion, a P/E ratio of 21.17, a P/E/G ratio of 1.20 and a beta of 1.24. The business has a 50-day moving average price of $203.67 and a 200 day moving average price of $166.24.

Brinker International (NYSE:EAT) last announced its quarterly earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.09 by ($0.02). The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.53 billion. Brinker International had a return on equity of 122.35% and a net margin of 8.39%.The company’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period last year, the business posted $2.30 EPS. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. On average, sell-side analysts forecast that Brinker International will post 13.22 earnings per share for the current fiscal year.

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.