Key Points
- CEO Kevin Hochman sold 40,000 Brinker International shares at an average price of $220.38, generating approximately $8.82 million and reducing his direct ownership by 27.66%.
- Brinker exceeded quarterly expectations, reporting adjusted EPS of $2.77 versus the $2.45 consensus and revenue of $1.48 billion, up 9.4% year over year.
- Analysts remain broadly bullish, with multiple firms raising price targets; Brinker has a “Moderate Buy” consensus rating and an average target of $249.80.
Brinker International, Inc. (NYSE:EAT - Get Free Report) CEO Kevin Hochman sold 40,000 shares of the business's stock in a transaction dated Thursday, October 29th. The stock was sold at an average price of $220.38, for a total value of $8,815,200.00. Following the completion of the transaction, the chief executive officer directly owned 104,603 shares of the company's stock, valued at approximately $23,052,409.14. This trade represents a 27.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Kevin Hochman also recently made the following trade(s):
- On Monday, August 17th, Kevin Hochman sold 40,000 shares of Brinker International stock. The shares were sold at an average price of $243.15, for a total transaction of $9,726,000.00.
- On Thursday, August 13th, Kevin Hochman sold 40,000 shares of Brinker International stock. The stock was sold at an average price of $241.41, for a total transaction of $9,656,400.00.
Brinker International Stock Down 3.5%
EAT opened at $212.27 on Friday. The company has a quick ratio of 0.40, a current ratio of 0.34 and a debt-to-equity ratio of 1.13. The firm has a 50 day moving average price of $209.45 and a 200-day moving average price of $174.58. Brinker International, Inc. has a twelve month low of $100.30 and a twelve month high of $254.99. The stock has a market capitalization of $8.82 billion, a price-to-earnings ratio of 18.69, a PEG ratio of 1.18 and a beta of 1.25.
Brinker International (NYSE:EAT - Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The restaurant operator reported $2.77 earnings per share for the quarter, beating analysts' consensus estimates of $2.45 by $0.32. Brinker International had a net margin of 8.44% and a return on equity of 125.65%. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter in the prior year, the firm earned $2.17 earnings per share. The firm's revenue for the quarter was up 9.4% compared to the same quarter last year. Equities research analysts forecast that Brinker International, Inc. will post 13.61 earnings per share for the current year.
More Brinker International News
Here are the key news stories impacting Brinker International this week:
- Positive Sentiment: Brinker issued fiscal 2027 EPS guidance of $13.30–$13.90, above the $13.26 analyst consensus. The company’s strong first-quarter results, including accelerating Chili’s traffic, also supported investor optimism. Brinker International advances on strong Q1 results and raised outlook
- Positive Sentiment: Analysts broadly raised their views following the results. Wells Fargo lifted its target to $285, Baird to $280, Citigroup to $277, TD Cowen to $270, Morgan Stanley to $262 and KeyCorp to $258; the firms maintained bullish ratings such as “buy,” “overweight” or “outperform.” Wells Fargo analyst recommendations
- Positive Sentiment: Zacks highlighted Brinker as a strong growth stock, reinforcing the investment case based on its growth-oriented metrics. Why Brinker International is a strong growth stock
- Neutral Sentiment: Fiscal 2027 revenue guidance of $6.2 billion–$6.3 billion is broadly in line with expectations, although its midpoint is slightly below the $6.3 billion consensus estimate.
- Negative Sentiment: CEO Kevin Hochman sold 40,000 EAT shares for approximately $8.8 million, reducing his ownership by 27.66%. While the transaction does not necessarily indicate a change in business fundamentals, the sizable insider sale can weigh on sentiment. SEC insider ownership filing
Analysts Set New Price Targets
Several research firms have recently weighed in on EAT. Jefferies Financial Group raised Brinker International from a "hold" rating to a "buy" rating and increased their price target for the company from $230.00 to $255.00 in a report on Wednesday, October 14th. Zacks Research upgraded Brinker International from a "hold" rating to a "strong-buy" rating in a research report on Monday, October 5th. Stephens reissued an "overweight" rating and issued a $300.00 target price on shares of Brinker International in a report on Thursday. Raymond James Financial raised Brinker International from an "outperform" rating to a "strong-buy" rating and dropped their target price for the stock from $270.00 to $260.00 in a research report on Friday, October 16th. Finally, Morgan Stanley boosted their price target on Brinker International from $260.00 to $262.00 and gave the company an "overweight" rating in a research note on Thursday. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $249.80.
Check Out Our Latest Research Report on Brinker International
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the business. One Way Holdings LLC bought a new stake in shares of Brinker International in the 3rd quarter worth about $280,000. Virtue Capital Management LLC bought a new stake in shares of Brinker International during the third quarter worth $1,112,000. ProShare Advisors LLC increased its stake in Brinker International by 14.4% in the 3rd quarter. ProShare Advisors LLC now owns 7,089 shares of the restaurant operator's stock worth $1,372,000 after buying an additional 894 shares during the period. Vise Technologies Inc. lifted its holdings in Brinker International by 6.6% during the 3rd quarter. Vise Technologies Inc. now owns 2,078 shares of the restaurant operator's stock valued at $402,000 after buying an additional 129 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in Brinker International by 12.8% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 21,166 shares of the restaurant operator's stock valued at $4,096,000 after buying an additional 2,400 shares during the period.
About Brinker International
(
Get Free Report)
Brinker International, Inc is a casual-dining restaurant company that owns, operates and franchises restaurants in the United States and select international markets. The company is headquartered in Dallas, Texas, and serves customers through company-operated and franchised locations.
Brinker's principal brands are Chili's Grill & Bar and Maggiano's Little Italy. Chili's offers a broad menu of burgers, steaks, ribs, fajitas, Tex-Mex dishes, salads and beverages in a full-service, casual setting.
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