Brinker International, Inc. $EAT Shares Purchased by Bessemer Group Inc.

Bessemer Group Inc. boosted its stake in Brinker International, Inc. (NYSE:EAT) by 3,870.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 6,671 shares of the restaurant operator’s stock after buying an additional 6,503 shares during the quarter. Bessemer Group Inc.’s holdings in Brinker International were worth $845,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. J.W. Cole Advisors Inc. lifted its position in shares of Brinker International by 68.5% in the third quarter. J.W. Cole Advisors Inc. now owns 3,313 shares of the restaurant operator’s stock valued at $420,000 after acquiring an additional 1,347 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Brinker International by 241.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 20,896 shares of the restaurant operator’s stock valued at $2,647,000 after purchasing an additional 14,779 shares during the last quarter. Allianz Asset Management GmbH raised its stake in Brinker International by 64.3% in the 3rd quarter. Allianz Asset Management GmbH now owns 303,926 shares of the restaurant operator’s stock valued at $38,501,000 after purchasing an additional 118,993 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in Brinker International by 498.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 957 shares of the restaurant operator’s stock valued at $127,000 after purchasing an additional 797 shares in the last quarter. Finally, United Community Bank acquired a new stake in Brinker International during the 3rd quarter worth $119,000.

Insider Buying and Selling

In other Brinker International news, CEO Kevin Hochman sold 66,000 shares of the firm’s stock in a transaction on Thursday, January 29th. The stock was 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 owned 129,824 shares of the company’s stock, valued at $20,812,085.44. This trade represents a 33.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO George S. 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 completion of the sale, the chief marketing officer owned 8,064 shares in the company, valued at $1,298,304. This represents a 56.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 97,231 shares of company stock valued at $15,626,979 in the last ninety days. Company insiders own 1.43% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on EAT shares. BMO Capital Markets raised their price target on shares of Brinker International from $140.00 to $170.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 6th. UBS Group upped their price objective on shares of Brinker International from $175.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Stifel Nicolaus decreased their target price on shares of Brinker International from $215.00 to $200.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Weiss Ratings upgraded Brinker International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 4th. Finally, Zacks Research raised Brinker International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Brinker International presently has a consensus rating of “Moderate Buy” and an average target price of $188.56.

Brinker International Price Performance

Brinker International stock opened at $163.46 on Wednesday. Brinker International, Inc. has a 12-month low of $100.30 and a 12-month high of $187.12. The stock has a market cap of $7.12 billion, a P/E ratio of 16.53, a PEG ratio of 1.21 and a beta of 1.35. The company has a 50-day moving average price of $153.86 and a 200 day moving average price of $144.14. The company has a current ratio of 0.36, a quick ratio of 0.31 and a debt-to-equity ratio of 1.19.

Brinker International (NYSE:EAT) last posted its earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.53 by $0.34. The company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.41 billion. Brinker International had a net margin of 7.98% and a return on equity of 134.92%. Brinker International’s revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the business posted $2.80 EPS. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. Sell-side analysts anticipate that Brinker International, Inc. will post 8.3 earnings per share for the current year.

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.