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

Brinker International, Inc. (NYSE:EAT) SVP Daniel Fuller sold 1,837 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $245.86, for a total value of $451,644.82. Following the completion of the sale, the senior vice president directly owned 42,046 shares in the company, valued at approximately $10,337,429.56. This represents a 4.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Brinker International Stock Up 2.1%

EAT stock opened at $242.11 on Tuesday. Brinker International, Inc. has a twelve month low of $100.30 and a twelve month high of $253.71. The company has a quick ratio of 0.35, a current ratio of 0.45 and a debt-to-equity ratio of 0.95. The firm has a market cap of $10.38 billion, a PE ratio of 22.23, a price-to-earnings-growth ratio of 1.32 and a beta of 1.24. The business has a 50 day moving average of $188.87 and a 200 day moving average of $161.35.

Brinker International (NYSE:EAT) last announced 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 company had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.53 billion. During the same quarter in the previous year, the firm posted $2.30 EPS. The firm’s quarterly revenue 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. On average, research analysts forecast that Brinker International, Inc. will post 13.19 EPS for the current fiscal year.

Analyst Ratings Changes

EAT has been the topic of a number of analyst reports. Weiss Ratings upgraded shares of Brinker International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Wells Fargo & Company lifted their target price on shares of Brinker International from $220.00 to $280.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. Morgan Stanley upped their target price on shares of Brinker International from $207.00 to $250.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Mizuho increased their price target on shares of Brinker International from $175.00 to $275.00 and gave the company an “outperform” rating in a report on Thursday, August 13th. Finally, BMO Capital Markets raised their price target 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. Sixteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, Brinker International presently has a consensus rating of “Moderate Buy” and a consensus price target of $238.05.

Key Stories Impacting Brinker International

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.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. UBS Group AG lifted its position in Brinker International by 103.2% during the fourth quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator’s stock valued at $427,066,000 after purchasing an additional 1,511,266 shares during the period. Balyasny Asset Management L.P. grew its position in Brinker International by 667.5% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator’s stock worth $163,938,000 after purchasing an additional 993,435 shares during the period. Norges Bank bought a new stake in Brinker International in the 4th quarter worth approximately $83,603,000. Capital World Investors raised its stake in Brinker International by 96.5% during the 4th quarter. Capital World Investors now owns 1,137,863 shares of the restaurant operator’s stock valued at $163,306,000 after buying an additional 558,799 shares during the last quarter. Finally, Freestone Grove Partners LP purchased a new stake in Brinker International during the 2nd quarter valued at $91,237,000.

Brinker International Company Profile

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.