3,816 Shares in Brinker International, Inc. $EAT Acquired by Portside Wealth Group LLC

Portside Wealth Group LLC purchased a new position in shares of Brinker International, Inc. (NYSE:EAT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,816 shares of the restaurant operator’s stock, valued at approximately $548,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Brinker International in the third quarter worth $25,000. Salomon & Ludwin LLC acquired a new stake in shares of Brinker International in the third quarter worth $26,000. Allworth Financial LP increased its position in shares of Brinker International by 58.5% in the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after acquiring an additional 83 shares in the last quarter. Rakuten Securities Inc. increased its position in shares of Brinker International by 481.6% in the second quarter. Rakuten Securities Inc. now owns 599 shares of the restaurant operator’s stock worth $108,000 after acquiring an additional 496 shares in the last quarter. Finally, Quarry LP increased its position in shares of Brinker International by 52.2% in the third quarter. Quarry LP now owns 615 shares of the restaurant operator’s stock worth $78,000 after acquiring an additional 211 shares in the last quarter.

Brinker International Trading Down 0.9%

NYSE EAT opened at $148.28 on Wednesday. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $187.12. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.36 and a quick ratio of 0.31. The company has a market capitalization of $6.46 billion, a price-to-earnings ratio of 14.99, a price-to-earnings-growth ratio of 1.02 and a beta of 1.34. The company’s fifty day moving average price is $149.30 and its two-hundred day moving average price is $141.60.

Brinker International (NYSE:EAT) last posted its quarterly earnings data on Wednesday, January 28th. The restaurant operator reported $2.87 EPS 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 firm had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the prior year, the firm posted $2.80 EPS. The firm’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. As a group, research analysts predict that Brinker International, Inc. will post 8.3 earnings per share for the current fiscal year.

Insider Activity

In other Brinker International news, CEO Kevin Hochman sold 66,000 shares of the stock in a transaction on 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 transaction, the chief executive officer directly owned 129,824 shares in the company, valued at $20,812,085.44. This represents a 33.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Aaron M. White sold 7,000 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $165.00, for a total transaction of $1,155,000.00. Following the transaction, the executive vice president owned 42,756 shares in the company, valued at $7,054,740. This trade represents a 14.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 97,678 shares of company stock worth $15,700,372 over the last ninety days. Insiders own 1.43% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on EAT. Jefferies Financial Group upped their target price on shares of Brinker International from $155.00 to $175.00 and gave the company a “hold” rating in a research note on Thursday, January 29th. Raymond James Financial upgraded shares of Brinker International from a “market perform” rating to an “outperform” rating and set a $195.00 target price for the company in a research note on Wednesday, January 21st. Citigroup upped their target price on shares of Brinker International from $187.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. KeyCorp upgraded shares of Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 target price for the company in a research note on Thursday, April 2nd. Finally, Wells Fargo & Company upped their target price on shares of Brinker International from $175.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, January 22nd. Fourteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $186.11.

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.