Invst LLC Buys New Position in Brinker International, Inc. $EAT

Invst LLC bought a new stake in Brinker International, Inc. (NYSE:EAT) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,329 shares of the restaurant operator’s stock, valued at approximately $727,000.

A number of other large investors have also recently bought and sold shares of EAT. Callan Family Office LLC bought a new position in Brinker International in the second quarter valued at $2,258,000. Bank of America Corp DE lifted its position in Brinker International by 37.7% during the 1st quarter. Bank of America Corp DE now owns 242,648 shares of the restaurant operator’s stock worth $34,643,000 after buying an additional 66,383 shares in the last quarter. Cynosure Group LLC bought a new stake in Brinker International during the 2nd quarter worth about $766,000. Swedbank AB bought a new stake in Brinker International during the 1st quarter worth about $3,855,000. Finally, Deutsche Bank AG boosted its stake in shares of Brinker International by 18.0% during the 2nd quarter. Deutsche Bank AG now owns 63,795 shares of the restaurant operator’s stock worth $10,718,000 after buying an additional 9,733 shares during the last quarter.

Insider Buying and Selling

In other news, EVP George S. Felix sold 14,349 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $237.47, for a total transaction of $3,407,457.03. Following the completion of the sale, the executive vice president owned 6,293 shares in the company, valued at approximately $1,494,398.71. This trade represents a 69.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Kevin Hochman sold 40,000 shares of Brinker International stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $243.15, for a total transaction of $9,726,000.00. Following the sale, the chief executive officer directly owned 144,090 shares of the company’s stock, valued at $35,035,483.50. The trade was a 21.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 143,105 shares of company stock valued at $34,474,429. 1.43% of the stock is currently owned by insiders.

Key Stories Impacting Brinker International

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

• Positive Sentiment: Robert W. Baird initiated coverage with an “outperform” rating and a $325 price target, implying substantial upside from recent trading levels. The bullish view adds to a generally favorable analyst consensus, including recent target increases from Morgan Stanley and UBS. Analyst coverage report
• Positive Sentiment: Zacks highlighted Brinker as a strong growth stock, supported by its favorable growth characteristics and improving earnings outlook. The company’s latest quarterly revenue rose 5.1% year over year, while earnings increased from the prior-year period despite a small quarterly EPS miss. Why Brinker is a strong growth stock
• Positive Sentiment: Brinker was included among restaurant stocks positioned to benefit from strong July industry sales and continued consumer spending. Its Chili’s and Maggiano’s brands could benefit if restaurant demand remains resilient. Restaurant sales stock picks
• Neutral Sentiment: Zacks also identified Brinker as having solid interest-coverage metrics, suggesting it has comparatively strong ability to service debt amid market volatility. However, the company’s current ratio and quick ratio remain below 1, indicating limited short-term liquidity. Interest coverage stock picks
• Negative Sentiment: Senior Vice President James Butler sold 10,000 shares for approximately $2.4 million, reducing his direct holdings by 52.45%. Although one insider transaction does not establish a broader trend, the sizable sale may concern investors, particularly after EAT’s sharp rally and elevated valuation. Brinker insider stock sale
• Negative Sentiment: At roughly 23 times earnings and near its 52-week high, expectations for continued growth appear demanding. The broader analyst consensus price target of $242.19 is below recent trading levels, creating a potential valuation overhang despite the new $325 bullish target.

Brinker International Trading Down 2.1%

Shares of NYSE:EAT opened at $248.60 on Wednesday. Brinker International, Inc. has a 52-week low of $100.30 and a 52-week high of $254.99. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.40 and a current ratio of 0.45. The company has a market capitalization of $10.38 billion, a P/E ratio of 22.83, a price-to-earnings-growth ratio of 1.31 and a beta of 1.24. The company has a 50-day simple moving average of $199.35 and a 200 day simple moving average of $164.77.

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. TD Cowen raised their price objective on Brinker International from $210.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. BMO Capital Markets upped their target price on Brinker International from $175.00 to $230.00 and gave the stock a “market perform” rating in a report on Thursday, August 13th. Morgan Stanley increased their price target on Brinker International from $207.00 to $250.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Wells Fargo & Company raised their price target on Brinker International from $220.00 to $280.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Finally, Citigroup boosted their price target on Brinker International from $227.00 to $282.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Seventeen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, Brinker International currently has an average rating of “Moderate Buy” and a consensus target price of $242.19.

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.