Wealth High Governance Capital Ltda Has $15.20 Million Position in Brinker International, Inc. $EAT

Wealth High Governance Capital Ltda lifted its position in shares of Brinker International, Inc. (NYSE:EAT) by 222.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 120,000 shares of the restaurant operator’s stock after purchasing an additional 82,800 shares during the period. Brinker International accounts for approximately 4.4% of Wealth High Governance Capital Ltda’s portfolio, making the stock its 6th largest position. Wealth High Governance Capital Ltda’s holdings in Brinker International were worth $15,202,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of EAT. Allworth Financial LP increased its holdings in Brinker International by 105.8% during the 2nd quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 73 shares during the period. Journey Strategic Wealth LLC lifted its holdings in Brinker International by 8.7% in the 2nd quarter. Journey Strategic Wealth LLC now owns 1,556 shares of the restaurant operator’s stock worth $281,000 after buying an additional 125 shares during the period. Profund Advisors LLC grew its position in shares of Brinker International by 6.3% in the 2nd quarter. Profund Advisors LLC now owns 2,210 shares of the restaurant operator’s stock worth $399,000 after buying an additional 131 shares during the last quarter. Savant Capital LLC grew its position in shares of Brinker International by 3.7% in the 2nd quarter. Savant Capital LLC now owns 3,947 shares of the restaurant operator’s stock worth $712,000 after buying an additional 141 shares during the last quarter. Finally, Amalgamated Bank increased its stake in shares of Brinker International by 1.1% during the third quarter. Amalgamated Bank now owns 12,791 shares of the restaurant operator’s stock valued at $1,620,000 after buying an additional 141 shares during the period.

Insider Activity

In other Brinker International news, CEO Kevin Hochman sold 66,000 shares of the firm’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $160.31, for a total transaction of $10,580,460.00. Following the completion of the sale, the chief executive officer directly owned 129,824 shares in the company, valued at approximately $20,812,085.44. This trade represents a 33.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Michaela M. Ware sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $162.40, for a total transaction of $812,000.00. Following the completion of the transaction, the executive vice president owned 19,923 shares of the company’s stock, valued at approximately $3,235,495.20. The trade was a 20.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 97,678 shares of company stock valued at $15,700,372. 1.43% of the stock is currently owned by insiders.

Brinker International Stock Up 1.4%

Shares of NYSE EAT traded up $2.00 on Friday, reaching $140.68. 325,257 shares of the company’s stock traded hands, compared to its average volume of 1,265,673. The company has a quick ratio of 0.31, a current ratio of 0.36 and a debt-to-equity ratio of 1.19. The company has a market cap of $6.13 billion, a price-to-earnings ratio of 14.20, a price-to-earnings-growth ratio of 1.02 and a beta of 1.34. The business’s 50 day simple moving average is $155.07 and its two-hundred day simple moving average is $142.96. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $187.12.

Brinker International (NYSE:EAT) last posted 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 return on equity of 134.92% and a net margin of 7.98%.The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter last year, the company earned $2.80 EPS. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. As a group, equities research analysts forecast that Brinker International, Inc. will post 8.3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. upped their target price on Brinker International from $177.00 to $187.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. The Goldman Sachs Group boosted their price objective on shares of Brinker International from $180.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Wells Fargo & Company upped their price objective on shares of Brinker International from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, January 22nd. BMO Capital Markets raised their target price on shares of Brinker International from $140.00 to $170.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 6th. Finally, Wolfe Research initiated coverage on shares of Brinker International in a research note on Monday. They set an “outperform” rating and a $184.00 target price on the stock. One 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’s stock. According to MarketBeat, Brinker International currently has an average rating of “Moderate Buy” and a consensus target price of $186.44.

Brinker International 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.