Brinker International, Inc. (NYSE:EAT - Get Free Report) Director Cindy Davis sold 1,775 shares of the business's stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $248.92, for a total transaction of $441,833.00. Following the sale, the director directly owned 8,973 shares of the company's stock, valued at approximately $2,233,559.16. This trade represents a 16.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Brinker International Price Performance
Shares of EAT stock opened at $242.11 on Tuesday. Brinker International, Inc. has a 52-week low of $100.30 and a 52-week high of $253.71. The stock has a market cap of $10.38 billion, a PE ratio of 22.23, a PEG ratio of 1.32 and a beta of 1.24. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.35 and a current ratio of 0.45. The firm's 50 day moving average price is $188.87 and its two-hundred day moving average price is $161.35.
Brinker International (NYSE:EAT - Get Free Report) last released its earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 EPS for the quarter, missing analysts' consensus estimates of $3.09 by ($0.02). The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. Brinker International had a return on equity of 122.35% and a net margin of 8.39%.Brinker International's revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the firm posted $2.30 EPS. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. As a group, analysts forecast that Brinker International, Inc. will post 13.19 EPS for the current year.
Analysts Set New Price Targets
Several equities analysts have weighed in on the company. KeyCorp increased their target price on Brinker International from $204.00 to $275.00 and gave the company an "overweight" rating in a research note on Thursday, August 13th. UBS Group boosted their target price on Brinker International from $190.00 to $260.00 and gave the stock a "buy" rating in a research report on Monday, August 10th. Citigroup upped their price target on Brinker International from $227.00 to $282.00 and gave the company a "buy" rating in a research note on Thursday, August 13th. DA Davidson increased their price target on shares of Brinker International from $160.00 to $260.00 and gave the company a "neutral" rating in a research report on Thursday, August 13th. Finally, Northcoast Research lowered shares of Brinker International from a "buy" rating to a "neutral" rating in a research note on Friday. Sixteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $238.05.
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Institutional Investors Weigh In On Brinker International
Several large investors have recently modified their holdings of the business. NewEdge Advisors LLC lifted its stake in Brinker International by 1,118.9% in the first quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator's stock valued at $173,000 after buying an additional 1,063 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Brinker International by 271.1% during the second quarter. EverSource Wealth Advisors LLC now owns 846 shares of the restaurant operator's stock worth $153,000 after acquiring an additional 618 shares in the last quarter. First Trust Advisors LP increased its position in shares of Brinker International by 1.9% during the second quarter. First Trust Advisors LP now owns 52,249 shares of the restaurant operator's stock worth $9,422,000 after acquiring an additional 978 shares in the last quarter. Baird Financial Group Inc. acquired a new stake in shares of Brinker International during the second quarter worth $3,222,000. Finally, Brown Advisory Inc. raised its holdings in shares of Brinker International by 33.0% during the second quarter. Brown Advisory Inc. now owns 1,789 shares of the restaurant operator's stock worth $323,000 after acquiring an additional 444 shares during the period.
Trending Headlines about 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.
Brinker International Company Profile
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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.
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