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

Brinker International, Inc. (NYSE:EAT) CEO Kevin Hochman sold 40,000 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $243.15, for a total transaction of $9,726,000.00. Following the completion of the sale, the chief executive officer owned 144,090 shares of the company’s stock, valued at approximately $35,035,483.50. This represents a 21.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Kevin Hochman also recently made the following trade(s):

• On Thursday, August 13th, Kevin Hochman sold 40,000 shares of Brinker International stock. The stock was sold at an average price of $241.41, for a total value of $9,656,400.00.

Brinker International Stock Performance

EAT stock traded down $6.49 during midday trading on Tuesday, reaching $235.22. 737,651 shares of the company were exchanged, compared to its average volume of 1,170,081. Brinker International, Inc. has a one year low of $100.30 and a one year high of $253.71. The firm has a market capitalization of $10.09 billion, a price-to-earnings ratio of 21.60, a price-to-earnings-growth ratio of 1.32 and a beta of 1.24. The business has a 50-day moving average price of $188.87 and a two-hundred day moving average price of $161.35. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.45 and a quick ratio of 0.35.

Brinker International (NYSE:EAT) last posted its earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 EPS for the quarter, missing the consensus estimate of $3.09 by ($0.02). The firm 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%. Brinker International’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous year, the company posted $2.30 EPS. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Equities research analysts forecast that Brinker International, Inc. will post 13.19 EPS for the current year.

Hedge Funds Weigh In On Brinker International

A number of large investors have recently modified their holdings of the company. UBS Group AG raised its position in Brinker International by 103.2% in the 4th quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator’s stock valued at $427,066,000 after buying an additional 1,511,266 shares during the last quarter. Balyasny Asset Management L.P. grew its stake in shares of Brinker International by 667.5% in 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 shares of Brinker International in the 4th quarter worth $83,603,000. Capital World Investors lifted its position in shares of Brinker International by 96.5% during the fourth quarter. Capital World Investors now owns 1,137,863 shares of the restaurant operator’s stock valued at $163,306,000 after purchasing an additional 558,799 shares in the last quarter. Finally, Freestone Grove Partners LP bought a new position in shares of Brinker International during the second quarter valued at about $91,237,000.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Mizuho boosted their price target on Brinker International from $175.00 to $275.00 and gave the stock an “outperform” rating in a report on Thursday, August 13th. Bank of America raised their price target on shares of Brinker International from $224.00 to $310.00 and gave the company a “buy” rating in a research note on Friday. Northcoast Research downgraded Brinker International from a “buy” rating to a “neutral” rating in a report on Friday. DA Davidson raised their target price on Brinker International from $160.00 to $260.00 and gave the stock a “neutral” rating in a research report on Thursday, August 13th. Finally, Piper Sandler lifted their target price on Brinker International from $166.00 to $240.00 and gave the stock a “neutral” rating in a report on Monday. Sixteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $238.05.

Brinker International News Summary

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

• Positive Sentiment: Zacks reported that analysts’ earnings estimates for Brinker International are moving higher, suggesting improving expectations for the Chili’s parent and potentially supporting further gains. Earnings Estimates Moving Higher for Brinker International
• Positive Sentiment: Zacks also characterized EAT as a strong value and growth stock, citing favorable style scores and business momentum. Recent operating performance included revenue growth and strong year-over-year EPS growth, despite a modest quarterly EPS miss. Why Brinker International Is a Strong Value Stock
• Neutral Sentiment: Piper Sandler raised its price target from $166 to $240 but retained a Neutral rating. The increase reflects stronger expectations, while the rating signals limited conviction after the stock’s substantial advance. Piper Sandler Raises Brinker Price Target
• Negative Sentiment: Several executives and directors sold shares following the record rally. CEO Kevin Hochman sold 40,000 shares, while other executives and directors also reduced their holdings. Much of the activity was related to taxes or a Rule 10b5-1 plan, which reduces its significance as a bearish signal, but the volume may still pressure sentiment. Chili’s Parent CEO Sold Into the Rally
• Negative Sentiment: Northcoast Research downgraded Brinker to Neutral, adding caution that the stock’s rapid appreciation may have outpaced near-term fundamentals. Brinker Cut to Neutral at Northcoast Research

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.