PFG Advisors Sells 6,028 Shares of Brinker International, Inc. $EAT

PFG Advisors decreased its position in Brinker International, Inc. (NYSE:EAT) by 51.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,716 shares of the restaurant operator’s stock after selling 6,028 shares during the period. PFG Advisors’ holdings in Brinker International were worth $724,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EAT. Dynamic Technology Lab Private Ltd grew its holdings in shares of Brinker International by 53.8% in the third quarter. Dynamic Technology Lab Private Ltd now owns 41,823 shares of the restaurant operator’s stock valued at $5,298,000 after acquiring an additional 14,622 shares in the last quarter. Systematic Alpha Investments LLC bought a new stake in Brinker International during the third quarter worth $215,000. Sunpointe LLC lifted its holdings in Brinker International by 39.7% during the third quarter. Sunpointe LLC now owns 3,169 shares of the restaurant operator’s stock worth $401,000 after acquiring an additional 900 shares during the period. Orion Porfolio Solutions LLC boosted its position in Brinker International by 99.1% in the third quarter. Orion Porfolio Solutions LLC now owns 13,251 shares of the restaurant operator’s stock worth $1,679,000 after purchasing an additional 6,596 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Brinker International by 2.0% in the third quarter. Dimensional Fund Advisors LP now owns 975,039 shares of the restaurant operator’s stock worth $123,541,000 after purchasing an additional 18,935 shares during the last quarter.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on EAT. DA Davidson began coverage on Brinker International in a research report on Friday, March 6th. They set a “neutral” rating and a $155.00 target price for the company. Zacks Research raised shares of Brinker International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 4th. Wall Street Zen lowered shares of Brinker International from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Barclays raised their price objective on shares of Brinker International from $166.00 to $170.00 and gave the stock an “equal weight” rating in a report on Thursday, January 29th. Finally, Jefferies Financial Group lifted their price objective on shares of Brinker International from $155.00 to $175.00 and gave the stock a “hold” rating in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $186.44.

Insider Buying and Selling

In other Brinker International news, CMO George S. Felix sold 10,431 shares of Brinker International stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $161.00, for a total transaction of $1,679,391.00. Following the completion of the transaction, the chief marketing officer owned 8,064 shares of the company’s stock, valued at $1,298,304. The trade was a 56.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Kevin Hochman sold 66,000 shares of the company’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $160.31, for a total value of $10,580,460.00. Following the sale, the chief executive officer owned 129,824 shares in the company, valued at approximately $20,812,085.44. This represents a 33.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 97,678 shares of company stock valued at $15,700,372 in the last 90 days. Corporate insiders own 1.43% of the company’s stock.

Brinker International Stock Performance

Shares of EAT stock opened at $144.10 on Thursday. The firm’s 50 day moving average is $155.17 and its 200 day moving average is $142.99. The stock has a market capitalization of $6.28 billion, a P/E ratio of 14.57, a PEG ratio of 0.99 and a beta of 1.34. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $187.12. The company has a current ratio of 0.36, a quick ratio of 0.31 and a debt-to-equity ratio of 1.19.

Brinker International (NYSE:EAT) last released its quarterly earnings data on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.53 by $0.34. Brinker International had a net margin of 7.98% and a return on equity of 134.92%. The business had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same period in the previous year, the business earned $2.80 EPS. Brinker International’s revenue was up 6.9% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. On average, sell-side analysts anticipate that Brinker International, Inc. will post 8.3 earnings per share for the current year.

About Brinker International

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.