Hsbc Holdings PLC Acquires New Holdings in Brinker International, Inc. $EAT

Hsbc Holdings PLC bought a new position in Brinker International, Inc. (NYSE:EAT) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,709 shares of the restaurant operator’s stock, valued at approximately $623,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EAT. Deutsche Bank AG raised its holdings in Brinker International by 18.0% in the 2nd quarter. Deutsche Bank AG now owns 63,795 shares of the restaurant operator’s stock worth $10,718,000 after acquiring an additional 9,733 shares during the period. Callan Family Office LLC bought a new stake in Brinker International during the second quarter valued at about $2,258,000. Bank of America Corp DE grew its position in shares of Brinker International by 37.7% in the first quarter. Bank of America Corp DE now owns 242,648 shares of the restaurant operator’s stock valued at $34,643,000 after purchasing an additional 66,383 shares during the last quarter. Cynosure Group LLC acquired a new stake in shares of Brinker International in the second quarter valued at about $766,000. Finally, Swedbank AB bought a new position in shares of Brinker International in the first quarter worth about $3,855,000.

Insider Activity at Brinker International

In other Brinker International news, SVP James M. Butler sold 10,000 shares of Brinker International stock in a transaction on Friday, August 21st. The shares were sold at an average price of $240.37, for a total transaction of $2,403,700.00. Following the sale, the senior vice president owned 9,064 shares in the company, valued at $2,178,713.68. The trade was a 52.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Michaela M. Ware sold 3,030 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $233.48, for a total transaction of $707,444.40. Following the completion of the sale, the executive vice president directly owned 17,494 shares in the company, valued at $4,084,499.12. This trade represents a 14.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 173,044 shares of company stock worth $41,425,632 in the last three months. Company insiders own 1.43% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on EAT shares. UBS Group boosted their price objective on Brinker International from $190.00 to $260.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Stephens upped their price target on Brinker International from $220.00 to $300.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. Wells Fargo & Company increased their price objective on Brinker International from $220.00 to $280.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. TD Cowen raised their price objective on shares of Brinker International from $210.00 to $270.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Finally, Bank of America boosted their target price 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. Seventeen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $242.19.

Key Brinker International News

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

• Positive Sentiment: Growth and momentum remain supportive. Zacks highlighted Brinker’s solid growth characteristics and strong momentum, while noting that improving earnings, margins and restaurant operations could support additional gains despite the stock’s sizable six-month advance. 3 Reasons Why Growth Investors Shouldn’t Overlook Brinker International
• Positive Sentiment: Wall Street’s overall view is favorable. Brinker has a “Moderate Buy” consensus rating, with 17 Buy ratings and seven Holds. Recent target increases included Wells Fargo at $280, Stephens at $300 and Robert W. Baird at $325, suggesting some analysts see further upside. Joseph Michael Depinto Sells 25,000 Shares of Brinker International
• Neutral Sentiment: Fundamentals are mixed. The latest quarter’s revenue rose 5.1% year over year to $1.54 billion and exceeded estimates, while EPS of $3.07 narrowly missed the $3.09 consensus. Fiscal 2027 EPS guidance is $12.60–$13.40, but the stock trades near its 52-week high, increasing sensitivity to execution and guidance.
• Negative Sentiment: A valuation-based downgrade is pressuring sentiment. Seeking Alpha argued that slowing growth combined with an expanding earnings multiple leaves limited room for further appreciation and downgraded Brinker to Sell. Brinker: Slowing Growth And Expanding Multiple Prompts A Downgrade To Sell
• Negative Sentiment: Insider selling adds a cautionary signal. EVP Michaela M. Ware sold 3,030 shares for approximately $707,000, reducing her holdings by 14.76%. Director Joseph Michael DePinto also sold 25,000 shares worth about $5.76 million, cutting his position by 24.32%. Top Brinker International Executive Makes Attention-Grabbing Stock Move

Brinker International Stock Down 1.3%

NYSE EAT opened at $230.92 on Thursday. Brinker International, Inc. has a twelve month low of $100.30 and a twelve month high of $254.99. The stock has a market cap of $9.64 billion, a PE ratio of 21.21, a PEG ratio of 1.21 and a beta of 1.25. The firm has a 50-day simple moving average of $207.57 and a 200 day simple moving average of $167.63. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.40 and a current ratio of 0.45.

Brinker International (NYSE:EAT) last issued 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 firm 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 revenue was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.30 earnings per share. 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 13.22 EPS for the current year.

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.