Brinker International, Inc. $EAT Shares Bought by Wellington Management Group LLP

Wellington Management Group LLP grew its stake in shares of Brinker International, Inc. (NYSE:EAT) by 63.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 413,472 shares of the restaurant operator’s stock after buying an additional 160,939 shares during the period. Wellington Management Group LLP’s holdings in Brinker International were worth $69,463,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. NewEdge Advisors LLC grew its position in Brinker International by 1,118.9% during the first quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock valued at $173,000 after acquiring an additional 1,063 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Brinker International by 271.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 846 shares of the restaurant operator’s stock valued at $153,000 after purchasing an additional 618 shares in the last quarter. First Trust Advisors LP lifted its stake in shares of Brinker International by 1.9% in the 2nd quarter. First Trust Advisors LP now owns 52,249 shares of the restaurant operator’s stock valued at $9,422,000 after purchasing an additional 978 shares in the last quarter. Baird Financial Group Inc. purchased a new stake in shares of Brinker International during the 2nd quarter worth about $3,222,000. Finally, Brown Advisory Inc. increased its position in Brinker International by 33.0% during the 2nd quarter. Brown Advisory Inc. now owns 1,789 shares of the restaurant operator’s stock worth $323,000 after purchasing an additional 444 shares in the last quarter.

Key Headlines Impacting Brinker International

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

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on EAT shares. TD Cowen lifted their price target on shares of Brinker International from $210.00 to $270.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Piper Sandler raised their target price on shares of Brinker International from $166.00 to $240.00 and gave the company a “neutral” rating in a research note on Monday, August 17th. DA Davidson lifted their target price on shares of Brinker International from $160.00 to $260.00 and gave the company a “neutral” rating in a report on Thursday, August 13th. Wells Fargo & Company upped their price target on shares of Brinker International from $220.00 to $280.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Finally, Northcoast Research downgraded Brinker International from a “buy” rating to a “neutral” rating in a report on Friday, August 14th. Seventeen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $242.19.

Insider Activity at Brinker International

In other Brinker International news, Director Joseph Michael Depinto sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $230.39, for a total value of $5,759,750.00. Following the transaction, the director directly owned 77,812 shares of the company’s stock, valued at $17,927,106.68. This represents a 24.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Kevin Hochman sold 40,000 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $243.15, for a total value of $9,726,000.00. Following the transaction, the chief executive officer owned 144,090 shares of the company’s stock, valued at approximately $35,035,483.50. This trade represents a 21.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 173,044 shares of company stock worth $41,425,632 over the last ninety days. Company insiders own 1.43% of the company’s stock.

Brinker International Stock Performance

Shares of EAT stock opened at $230.92 on Thursday. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.45 and a quick ratio of 0.40. The company’s fifty day moving average price is $207.57 and its two-hundred day moving average price is $167.63. The firm has a market capitalization of $9.64 billion, a P/E ratio of 21.21, a P/E/G ratio of 1.21 and a beta of 1.25. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $254.99.

Brinker International (NYSE:EAT) last announced its earnings results 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 net margin of 8.39% and a return on equity of 122.35%. The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same quarter in the prior year, the business earned $2.30 earnings per share. The firm’s revenue was up 5.1% on a year-over-year basis. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. On average, research analysts anticipate that Brinker International, Inc. will post 13.22 earnings per share for the current fiscal 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.