Invst LLC Buys Shares of 3,627 Brinker International, Inc. $EAT

Key Points

• Invst LLC purchased 3,627 shares of Brinker International, Inc. (NYSE:EAT) valued at approximately $541,000, marking its entry into the company's stock in the 1st quarter.
• Several institutional investors increased their stakes in Brinker International, with Westfield Capital Management Co. LP boosting its ownership by 102.0% to reach 995,713 shares.
• Brinker International reported $2.49 earnings per share for the last quarter, exceeding analysts' expectations, and set its FY 2026 guidance at 9.900-10.50 EPS.

Invst LLC bought a new position in shares of Brinker International, Inc. (NYSE:EAT - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,627 shares of the restaurant operator's stock, valued at approximately $541,000.

Other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC raised its holdings in shares of Brinker International by 575.0% in the 1st quarter. Farther Finance Advisors LLC now owns 189 shares of the restaurant operator's stock worth $29,000 after purchasing an additional 161 shares during the period. Financial Management Professionals Inc. purchased a new position in shares of Brinker International in the 1st quarter worth about $30,000. Continuum Advisory LLC raised its holdings in shares of Brinker International by 1,714.3% in the 1st quarter. Continuum Advisory LLC now owns 254 shares of the restaurant operator's stock worth $38,000 after purchasing an additional 240 shares during the period. National Bank of Canada FI raised its holdings in shares of Brinker International by 227.3% in the 1st quarter. National Bank of Canada FI now owns 252 shares of the restaurant operator's stock worth $38,000 after purchasing an additional 175 shares during the period. Finally, Virtus Advisers LLC purchased a new position in shares of Brinker International in the 1st quarter worth about $54,000.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on EAT. Wall Street Zen downgraded Brinker International from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 16th. Morgan Stanley raised their target price on Brinker International from $149.00 to $161.00 and gave the company an "equal weight" rating in a report on Thursday, August 14th. Evercore ISI upgraded Brinker International from an "in-line" rating to an "outperform" rating and raised their target price for the company from $190.00 to $210.00 in a report on Thursday, September 4th. Stifel Nicolaus raised their target price on Brinker International from $200.00 to $215.00 and gave the company a "buy" rating in a report on Monday, June 23rd. Finally, Bank of America raised their target price on Brinker International from $186.00 to $190.00 and gave the company a "neutral" rating in a report on Thursday, August 14th. Five analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $172.59.

Insider Buying and Selling

In related news, COO Douglas N. Comings sold 16,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $156.48, for a total value of $2,503,680.00. Following the sale, the chief operating officer owned 12,951 shares of the company's stock, valued at approximately $2,026,572.48. This trade represents a 55.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Harriet Edelman sold 8,325 shares of the firm's stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $157.00, for a total value of $1,307,025.00. Following the completion of the sale, the director directly owned 28,905 shares in the company, valued at approximately $4,538,085. This trade represents a 22.36% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 68,325 shares of company stock worth $10,754,785 over the last quarter. 1.72% of the stock is owned by company insiders.

Brinker International Stock Performance

Shares of EAT traded down $0.79 during mid-day trading on Monday, hitting $152.88. The stock had a trading volume of 1,638,969 shares, compared to its average volume of 1,084,721. The company has a market cap of $6.80 billion, a PE ratio of 18.40, a PEG ratio of 0.98 and a beta of 1.43. The company's fifty day simple moving average is $158.42 and its two-hundred day simple moving average is $156.53. The company has a quick ratio of 0.25, a current ratio of 0.31 and a debt-to-equity ratio of 1.15. Brinker International, Inc. has a fifty-two week low of $70.43 and a fifty-two week high of $192.21.

Brinker International (NYSE:EAT - Get Free Report) last released its quarterly earnings data on Wednesday, August 13th. The restaurant operator reported $2.49 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.02. The firm had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.42 billion. Brinker International had a net margin of 7.12% and a return on equity of 211.86%. Brinker International's quarterly revenue was up 21.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.61 earnings per share. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. On average, equities analysts expect that Brinker International, Inc. will post 8.3 earnings per share for the current year.

Brinker International Profile

Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.