Wellington Management Group LLP Boosts Stock Position in Brinker International, Inc. $EAT

Wellington Management Group LLP lifted its stake in Brinker International, Inc. (NYSE:EAT) by 63.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 413,472 shares of the restaurant operator’s stock after purchasing an additional 160,939 shares during the quarter. Wellington Management Group LLP owned about 0.96% of Brinker International worth $69,463,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in EAT. NewEdge Advisors LLC grew its holdings in Brinker International by 1,118.9% in the 1st quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock valued at $173,000 after buying an additional 1,063 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Brinker International by 271.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 846 shares of the restaurant operator’s stock worth $153,000 after acquiring an additional 618 shares during the period. First Trust Advisors LP boosted its position in shares of Brinker International by 1.9% during the 2nd quarter. First Trust Advisors LP now owns 52,249 shares of the restaurant operator’s stock valued at $9,422,000 after acquiring an additional 978 shares during the last quarter. Baird Financial Group Inc. purchased a new stake in shares of Brinker International in the second quarter valued at about $3,222,000. Finally, Brown Advisory Inc. grew its holdings in shares of Brinker International by 33.0% in the second quarter. Brown Advisory Inc. now owns 1,789 shares of the restaurant operator’s stock valued at $323,000 after purchasing an additional 444 shares during the period.

Analyst Ratings Changes

Several brokerages have recently commented on EAT. BMO Capital Markets upped their price target on Brinker International from $175.00 to $230.00 and gave the company a “market perform” rating in a research note on Thursday, August 13th. Weiss Ratings upgraded shares of Brinker International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. TD Cowen increased their target price on shares of Brinker International from $210.00 to $270.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. UBS Group boosted their price target on shares of Brinker International from $190.00 to $260.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Finally, Bank of America increased their price objective on shares of Brinker International from $224.00 to $310.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Seventeen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $242.19.

Insider Activity

In other Brinker International news, EVP Aaron M. White sold 16,220 shares of the business’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $236.22, for a total transaction of $3,831,488.40. Following the sale, the executive vice president directly owned 42,756 shares in the company, valued at approximately $10,099,822.32. The trade was a 27.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP James M. Butler sold 10,000 shares of Brinker International stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $240.37, for a total transaction of $2,403,700.00. Following the transaction, the senior vice president owned 9,064 shares of the company’s stock, valued at approximately $2,178,713.68. The trade was a 52.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 173,044 shares of company stock valued at $41,425,632 in the last 90 days. Insiders own 1.43% of the company’s stock.

Brinker International Price Performance

Shares of NYSE EAT opened at $230.92 on Thursday. Brinker International, Inc. has a twelve month low of $100.30 and a twelve month high of $254.99. The stock has a market cap of $9.64 billion, a P/E ratio of 21.21, a P/E/G ratio of 1.21 and a beta of 1.25. The stock has a 50 day moving average of $207.57 and a two-hundred day moving average of $167.63. The company has a current ratio of 0.45, a quick ratio of 0.40 and a debt-to-equity ratio of 0.95.

Brinker International (NYSE:EAT) last released its quarterly earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). The company had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.53 billion. Brinker International had a return on equity of 122.35% and a net margin of 8.39%.The business’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the business earned $2.30 EPS. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. On average, research analysts forecast that Brinker International, Inc. will post 13.22 earnings per share for the current year.

Brinker International News Summary

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

• Positive Sentiment: Growth and momentum remain supportive. Zacks highlighted Brinker’s solid growth characteristics and strong momentum, while noting that improving earnings, margins and restaurant operations could support additional gains despite the stock’s sizable six-month advance. 3 Reasons Why Growth Investors Shouldn’t Overlook Brinker International
• Positive Sentiment: Wall Street’s overall view is favorable. Brinker has a “Moderate Buy” consensus rating, with 17 Buy ratings and seven Holds. Recent target increases included Wells Fargo at $280, Stephens at $300 and Robert W. Baird at $325, suggesting some analysts see further upside. Joseph Michael Depinto Sells 25,000 Shares of Brinker International
• Neutral Sentiment: Fundamentals are mixed. The latest quarter’s revenue rose 5.1% year over year to $1.54 billion and exceeded estimates, while EPS of $3.07 narrowly missed the $3.09 consensus. Fiscal 2027 EPS guidance is $12.60–$13.40, but the stock trades near its 52-week high, increasing sensitivity to execution and guidance.
• Negative Sentiment: A valuation-based downgrade is pressuring sentiment. Seeking Alpha argued that slowing growth combined with an expanding earnings multiple leaves limited room for further appreciation and downgraded Brinker to Sell. Brinker: Slowing Growth And Expanding Multiple Prompts A Downgrade To Sell
• Negative Sentiment: Insider selling adds a cautionary signal. EVP Michaela M. Ware sold 3,030 shares for approximately $707,000, reducing her holdings by 14.76%. Director Joseph Michael DePinto also sold 25,000 shares worth about $5.76 million, cutting his position by 24.32%. Top Brinker International Executive Makes Attention-Grabbing Stock Move

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.