7,000 Shares in Brinker International, Inc. $EAT Purchased by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp acquired a new position in shares of Brinker International, Inc. (NYSE:EAT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 7,000 shares of the restaurant operator’s stock, valued at approximately $1,176,000.

Several other institutional investors have also modified their holdings of the stock. Allworth Financial LP increased its position in shares of Brinker International by 58.5% during the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock valued at $28,000 after purchasing an additional 83 shares during the last quarter. Rezny Wealth Management Inc. boosted its stake in Brinker International by 0.8% during the fourth quarter. Rezny Wealth Management Inc. now owns 11,738 shares of the restaurant operator’s stock worth $1,685,000 after buying an additional 92 shares during the period. New Age Alpha Advisors LLC boosted its stake in Brinker International by 4.8% during the fourth quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator’s stock worth $294,000 after buying an additional 94 shares during the period. Smith Group Asset Management LLC increased its position in Brinker International by 0.5% during the second quarter. Smith Group Asset Management LLC now owns 20,669 shares of the restaurant operator’s stock valued at $3,472,000 after acquiring an additional 104 shares during the last quarter. Finally, Aviva PLC increased its position in Brinker International by 2.8% during the fourth quarter. Aviva PLC now owns 4,123 shares of the restaurant operator’s stock valued at $592,000 after acquiring an additional 112 shares during the last quarter.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on EAT shares. Robert W. Baird assumed coverage on shares of Brinker International in a report on Monday. They issued an “outperform” rating and a $325.00 target price for the company. Bank of America raised their price objective on shares of Brinker International from $224.00 to $310.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Wells Fargo & Company boosted their target price on Brinker International from $220.00 to $280.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Stephens upped their target price on Brinker International from $220.00 to $300.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Finally, Barclays increased their price target on Brinker International from $170.00 to $175.00 and gave the stock an “equal weight” rating in a report on Thursday, April 30th. Seventeen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $242.19.

Brinker International Trading Down 3.3%

NYSE EAT opened at $240.52 on Thursday. The stock has a market cap of $10.05 billion, a PE ratio of 22.09, a PEG ratio of 1.28 and a beta of 1.24. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $254.99. The company’s 50-day moving average price is $200.98 and its 200-day moving average price is $165.34. The company has a current ratio of 0.45, a quick ratio of 0.40 and a debt-to-equity ratio of 0.95.

Brinker International (NYSE:EAT) last announced its quarterly earnings data 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). The company had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.53 billion. Brinker International had a net margin of 8.39% and a return on equity of 122.35%. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.30 EPS. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Equities research analysts forecast that Brinker International, Inc. will post 13.24 earnings per share for the current year.

Insider Buying and Selling at Brinker International

In other news, SVP Daniel S. Fuller sold 9,960 shares of Brinker International stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $243.43, for a total transaction of $2,424,562.80. Following the completion of the sale, the senior vice president owned 32,086 shares of the company’s stock, valued at approximately $7,810,694.98. The trade was a 23.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP James M. Butler sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $240.37, for a total value of $2,403,700.00. Following the completion of the sale, the senior vice president owned 9,064 shares of the company’s stock, valued at $2,178,713.68. The trade was a 52.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 145,014 shares of company stock valued at $34,958,437. 1.43% of the stock is owned by corporate insiders.

Key Stories Impacting Brinker International

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

• Positive Sentiment: Brinker’s latest results showed solid operating momentum: quarterly revenue rose 5.1% year over year to approximately $1.54 billion, while comparable restaurant sales increased 5.0% and Chili’s comparable sales climbed 5.6%. Management also issued fiscal 2027 EPS guidance of $12.60–$13.40 and expanded its share-repurchase authorization to $750 million.
• Positive Sentiment: Robert W. Baird initiated coverage with an “outperform” rating and a $325 price target, offering a bullish view that the company’s growth outlook can support additional upside. Robert W. Baird Initiates Coverage on Brinker International
• Neutral Sentiment: Chili’s launched a promotional “Chili’s Golf Club” activation at DeBell Golf Club in California. The campaign could support brand engagement, but its near-term financial impact is unclear. Chili’s Golf Club announcement
• Negative Sentiment: A recent analyst downgrade to a neutral stance suggested that much of Brinker’s strong earnings news may already be reflected in the stock following its sharp rally. Valuation concerns are more prominent with shares near their 52-week high, while several older analyst targets remain below the current trading level.
• Negative Sentiment: Insider selling is adding short-term pressure. Senior Vice President Daniel S. Fuller sold 1,909 shares for approximately $484,000 on August 25, following other disclosed sales, including SVP James Butler’s 10,000-share sale valued at roughly $2.4 million. Across the past six months, reported insider activity included 15 sales and no purchases. Daniel Fuller insider sale

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.