The Manufacturers Life Insurance Company Has $3.62 Million Stock Position in Brinker International, Inc. $EAT

The Manufacturers Life Insurance Company increased its holdings in shares of Brinker International, Inc. (NYSE:EAT) by 13.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,550 shares of the restaurant operator’s stock after buying an additional 2,489 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Brinker International were worth $3,620,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Allworth Financial LP raised its stake in 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 acquiring an additional 83 shares in the last quarter. New Age Alpha Advisors LLC boosted its stake in shares of Brinker International by 4.8% in the 4th quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator’s stock valued at $294,000 after purchasing an additional 94 shares in the last quarter. Smith Group Asset Management LLC grew its holdings in shares of Brinker International by 0.5% during the 2nd quarter. Smith Group Asset Management LLC now owns 20,669 shares of the restaurant operator’s stock valued at $3,472,000 after purchasing an additional 104 shares during the last quarter. Aviva PLC grew its holdings in shares of Brinker International by 2.8% during the 4th quarter. Aviva PLC now owns 4,123 shares of the restaurant operator’s stock valued at $592,000 after purchasing an additional 112 shares during the last quarter. Finally, Maryland State Retirement & Pension System increased its position in Brinker International by 1.9% during the 4th quarter. Maryland State Retirement & Pension System now owns 6,511 shares of the restaurant operator’s stock worth $934,000 after purchasing an additional 121 shares in the last quarter.

Wall Street Analyst Weigh In

Several brokerages recently commented on EAT. Bank of America increased their price objective on shares of Brinker International from $224.00 to $310.00 and gave the company a “buy” rating in a research note on Friday, August 14th. Weiss Ratings raised shares of Brinker International from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday. TD Cowen upped their price target on shares of Brinker International from $210.00 to $270.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. UBS Group increased their price target on Brinker International from $190.00 to $260.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Finally, Robert W. Baird assumed coverage on Brinker International in a report on Monday, August 24th. They set an “outperform” rating and a $325.00 price objective on the stock. Sixteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $243.30.

Insider Buying and Selling at Brinker International

In other Brinker International news, SVP James Butler sold 10,000 shares of the stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $240.37, for a total transaction of $2,403,700.00. Following the completion of the sale, the senior vice president directly owned 9,064 shares in the company, valued at approximately $2,178,713.68. This trade represents a 52.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Daniel Fuller sold 1,909 shares of the business’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $253.54, for a total value of $484,007.86. Following the completion of the transaction, the senior vice president directly owned 30,177 shares in the company, valued at $7,651,076.58. This represents a 5.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 173,694 shares of company stock valued at $41,568,690. 1.43% of the stock is owned by corporate insiders.

Brinker International News Summary

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

• Positive Sentiment: Morgan Stanley raised its price target to $260 and maintained an “overweight” rating, implying substantial potential upside from recent trading levels. The bullish view supports the case that Brinker’s operating momentum and earnings growth remain attractive. Morgan Stanley analyst update
• Positive Sentiment: Brinker’s latest quarter showed revenue growth of 5.1% year over year to $1.54 billion, exceeding estimates, while EPS rose from $2.30 to $3.07. The company also provided fiscal 2027 EPS guidance of $12.60–$13.40, supporting longer-term earnings optimism.
• Neutral Sentiment: Brinker remains a closely watched stock, with investors focused on whether its recent post-earnings decline can reverse. The company’s valuation is elevated relative to its historical performance, making continued sales and margin execution important. Zacks trending stock analysis
• Negative Sentiment: DA Davidson cut its price target from $260 to $240 and retained a “neutral” rating. Although the new target remains above the recent share price, the reduction signals less confidence in near-term upside. DA Davidson price target update
• Negative Sentiment: The latest quarter narrowly missed consensus EPS estimates, with $3.07 reported versus $3.09 expected. Zacks noted that EAT is down about 10% since that report, highlighting investor concerns despite revenue growth and higher year-over-year earnings. Zacks post-earnings analysis
• Negative Sentiment: Director James Katzman sold 650 shares for approximately $143,059, reducing his direct holdings by 2.52%. The transaction is relatively small but may add modest pressure to sentiment. Brinker insider sale

Brinker International Stock Up 0.4%

Shares of NYSE EAT opened at $213.44 on Monday. The company’s 50 day moving average price is $214.51 and its 200-day moving average price is $170.96. 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, Inc. has a 52-week low of $100.30 and a 52-week high of $254.99. The company has a market capitalization of $8.91 billion, a P/E ratio of 19.60, a price-to-earnings-growth ratio of 1.10 and a beta of 1.25.

Brinker International (NYSE:EAT) last posted its quarterly earnings data on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share for the quarter, missing the consensus estimate of $3.09 by ($0.02). Brinker International had a return on equity of 122.35% and a net margin of 8.39%.The firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same quarter last year, the company earned $2.30 earnings per share. The company’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. Equities analysts forecast that Brinker International, Inc. will post 13.24 earnings per share for the current year.

Brinker International Company Profile

Brinker International, Inc is a Dallas-based restaurant company that owns, operates and franchises casual dining restaurants. Its portfolio includes Chili’s Grill & Bar, a full-service restaurant brand known for burgers, fajitas, ribs, steaks, Tex-Mex dishes and a broad beverage menu, and Maggiano’s Little Italy, which specializes in Italian-American cuisine and family-style dining.

Chili’s restaurants serve a wide range of lunch and dinner offerings in a casual, bar-and-grill setting, while Maggiano’s locations offer traditional Italian dishes, including pasta, chicken, seafood and desserts.