Insider Selling: Brinker International (NYSE:EAT) CMO Sells 10,431 Shares of Stock

Brinker International, Inc. (NYSE:EAT) CMO George Felix sold 10,431 shares of Brinker International stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $161.00, for a total value of $1,679,391.00. Following the transaction, the chief marketing officer owned 8,064 shares in the company, valued at approximately $1,298,304. This trade represents a 56.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Brinker International Price Performance

Shares of Brinker International stock traded down $1.45 during trading on Wednesday, hitting $162.00. The stock had a trading volume of 1,809,828 shares, compared to its average volume of 1,285,484. The business has a fifty day moving average of $152.50 and a two-hundred day moving average of $143.88. Brinker International, Inc. has a fifty-two week low of $100.30 and a fifty-two week high of $189.00. The firm has a market cap of $7.06 billion, a P/E ratio of 16.38, a PEG ratio of 1.15 and a beta of 1.35. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.36 and a quick ratio of 0.31.

Brinker International (NYSE:EAT) last issued its quarterly earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations of $1.41 billion. During the same period in the previous year, the business earned $2.80 earnings per share. Brinker International’s revenue for the quarter 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 expect that Brinker International, Inc. will post 8.3 earnings per share for the current fiscal year.

Institutional Trading of Brinker International

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in Brinker International by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 4,819,397 shares of the restaurant operator’s stock valued at $691,680,000 after buying an additional 73,346 shares during the period. UBS Group AG grew its holdings in shares of Brinker International by 103.2% during the 4th quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator’s stock valued at $427,066,000 after acquiring an additional 1,511,266 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Brinker International by 27.7% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,393,604 shares of the restaurant operator’s stock worth $176,542,000 after acquiring an additional 301,912 shares during the last quarter. Westfield Capital Management Co. LP raised its holdings in shares of Brinker International by 24.2% during the second quarter. Westfield Capital Management Co. LP now owns 1,236,583 shares of the restaurant operator’s stock worth $222,993,000 after acquiring an additional 240,870 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in Brinker International by 1.3% during the second quarter. Geode Capital Management LLC now owns 1,071,523 shares of the restaurant operator’s stock valued at $193,619,000 after purchasing an additional 14,033 shares during the last quarter.

Analysts Set New Price Targets

EAT has been the subject of a number of recent research reports. Morgan Stanley increased their price objective on Brinker International from $200.00 to $205.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. TD Cowen assumed coverage on Brinker International in a research report on Tuesday, January 20th. They set a “buy” rating and a $192.00 target price on the stock. Wall Street Zen downgraded Brinker International from a “buy” rating to a “hold” rating in a report on Saturday. BMO Capital Markets increased their price target on Brinker International from $140.00 to $170.00 and gave the company a “market perform” rating in a research report on Tuesday, January 6th. Finally, Citigroup boosted their price objective on Brinker International from $187.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Twelve equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $188.56.

Brinker International Company 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.