Kevin Hochman Sells 40,000 Shares of Brinker International (NYSE:EAT) Stock

Brinker International, Inc. (NYSE:EAT) CEO Kevin Hochman sold 40,000 shares of the firm’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $241.41, for a total value of $9,656,400.00. Following the sale, the chief executive officer directly owned 89,824 shares in the company, valued at $21,684,411.84. This trade represents a 30.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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 value of $9,726,000.00.

Brinker International Stock Down 2.7%

EAT stock opened at $235.22 on Wednesday. The company has a current ratio of 0.45, a quick ratio of 0.35 and a debt-to-equity ratio of 0.95. Brinker International, Inc. has a twelve month low of $100.30 and a twelve month high of $253.71. The company’s 50 day moving average is $190.57 and its two-hundred day moving average is $161.90. The stock has a market cap of $10.09 billion, a P/E ratio of 21.60, a PEG ratio of 1.32 and a beta of 1.23.

Brinker International (NYSE:EAT) last issued its earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.09 by ($0.02). The company had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.53 billion. Brinker International had a net margin of 8.39% and a return on equity of 122.35%. The company’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.30 EPS. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Research analysts expect that Brinker International, Inc. will post 13.24 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Brinker International

Institutional investors have recently bought and sold shares of the business. UBS Group AG increased its stake in Brinker International by 103.2% during the 4th quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator’s stock worth $427,066,000 after buying an additional 1,511,266 shares during the period. Balyasny Asset Management L.P. grew its holdings in Brinker International by 667.5% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator’s stock worth $163,938,000 after acquiring an additional 993,435 shares in the last quarter. Norges Bank bought a new stake in Brinker International in the fourth quarter valued at about $83,603,000. Capital World Investors lifted its holdings in Brinker International by 96.5% during the 4th quarter. Capital World Investors now owns 1,137,863 shares of the restaurant operator’s stock worth $163,306,000 after buying an additional 558,799 shares during the last quarter. Finally, Freestone Grove Partners LP acquired a new position in shares of Brinker International in the 2nd quarter worth approximately $91,237,000.

Brinker International News Roundup

Here are the key news stories impacting Brinker International this week:

• Positive Sentiment: Zacks highlighted rising earnings estimates for Brinker International, suggesting improving analyst expectations could support the shares. The company recently reported revenue growth of 5.1% year over year and expects fiscal 2027 EPS of $12.60 to $13.40. Earnings Estimates Moving Higher for Brinker International
• Positive Sentiment: Brinker’s strong price momentum and growth profile remain supportive factors. Zacks noted that EAT had gained 5.31% over the prior week and may appeal to momentum and growth investors. Brinker International Growth Stock Analysis
• Neutral Sentiment: Piper Sandler raised its price target from $166 to $240 but kept a Neutral rating, indicating improved expectations while signaling limited upside at recent levels. Northcoast Research also moved its rating to Neutral. Piper Sandler Raises Brinker Price Target
• Negative Sentiment: Several senior executives reduced their holdings. CEO Kevin Hochman sold 40,000 shares for approximately $9.7 million, while SVP Daniel Fuller, EVPs George Felix and Aaron White, COO Douglas Comings, and Director Cindy Davis also reported sales. The breadth of the transactions may weigh on sentiment, although some sales were conducted under a Rule 10b5-1 plan or to cover taxes related to vested shares. Brinker Insider Sales After Record Stock Surge

Analyst Upgrades and Downgrades

EAT has been the subject of a number of recent research reports. Mizuho increased their price target on shares of Brinker International from $175.00 to $275.00 and gave the stock an “outperform” rating in a research note on Thursday, August 13th. Piper Sandler increased their price target on Brinker International from $166.00 to $240.00 and gave the stock a “neutral” rating in a report on Monday. Bank of America lifted their price objective on Brinker International from $224.00 to $310.00 and gave the company a “buy” rating in a report on Friday, August 14th. Morgan Stanley increased their price target on shares of Brinker International from $207.00 to $250.00 and gave the company an “overweight” rating in a report on Thursday, August 13th. Finally, KeyCorp lifted their price objective on Brinker International from $204.00 to $275.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. Sixteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $238.05.

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.