Brinker International (NYSE:EAT) EVP Aaron White Sells 16,220 Shares

Key Points

• Brinker EVP Aaron White sold 16,220 shares at an average price of $236.22, generating approximately $3.83 million and reducing his ownership by 27.5% to 42,756 shares.
• Brinker shares rose 2.1% to $242.11, near their 12-month high of $253.71. The stock carries a “Moderate Buy” consensus rating, with analysts’ average price target at $238.05.
• Quarterly revenue increased 5.1% year over year to $1.54 billion, but earnings per share of $3.07 narrowly missed consensus estimates of $3.09. The company issued fiscal 2027 EPS guidance of $12.60–$13.40.

Brinker International, Inc. (NYSE:EAT - Get Free Report) EVP Aaron White sold 16,220 shares of the company's stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $236.22, for a total transaction of $3,831,488.40. Following the completion of the transaction, the executive vice president owned 42,756 shares of the company's stock, valued at approximately $10,099,822.32. This trade represents a 27.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Brinker International Trading Up 2.1%

Shares of NYSE:EAT traded up $4.96 during mid-day trading on Monday, reaching $242.11. 924,214 shares of the company's stock were exchanged, compared to its average volume of 1,172,871. The firm has a market capitalization of $10.38 billion, a price-to-earnings ratio of 22.23, a PEG ratio of 1.32 and a beta of 1.23. The business's fifty day moving average price is $186.95 and its 200-day moving average price is $160.75. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.35 and a current ratio of 0.45. Brinker International, Inc. has a twelve month low of $100.30 and a twelve month high of $253.71.

Brinker International (NYSE:EAT - Get Free Report) last posted its quarterly earnings data 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 company 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%. The business's revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.30 earnings per share. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. On average, research analysts predict that Brinker International, Inc. will post 13.19 EPS for the current fiscal year.

Wall Street Analyst Weigh In

EAT has been the topic of several analyst reports. Stephens upped their target price on Brinker International from $220.00 to $300.00 and gave the company an "overweight" rating in a report on Thursday. Weiss Ratings upgraded shares of Brinker International from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday, August 11th. Bank of America upped their price objective on shares of Brinker International from $224.00 to $310.00 and gave the company a "buy" rating in a research note on Friday. Morgan Stanley lifted their target price on shares of Brinker International from $207.00 to $250.00 and gave the stock an "overweight" rating in a research note on Thursday. Finally, UBS Group boosted their target price on shares of Brinker International from $190.00 to $260.00 and gave the company a "buy" rating in a report on Monday, August 10th. Sixteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $238.05.

Hedge Funds Weigh In On Brinker International

A number of institutional investors and hedge funds have recently modified their holdings of EAT. Transamerica Financial Advisors LLC grew its position in shares of Brinker International by 570.4% during the 4th quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator's stock worth $26,000 after buying an additional 154 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in shares of Brinker International in the 3rd quarter valued at $25,000. Kilter Group LLC bought a new position in Brinker International during the second quarter worth $35,000. Allworth Financial LP boosted its stake in Brinker International by 58.5% during the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator's stock worth $28,000 after acquiring an additional 83 shares in the last quarter. Finally, Salomon & Ludwin LLC grew its holdings in Brinker International by 45.1% in the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator's stock worth $45,000 after purchasing an additional 93 shares during the period.

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.

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