46,600 Shares in Brinker International, Inc. $EAT Purchased by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board bought a new stake in Brinker International, Inc. (NYSE:EAT - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 46,600 shares of the restaurant operator's stock, valued at approximately $7,829,000. Canada Pension Plan Investment Board owned approximately 0.11% of Brinker International at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of EAT. Allworth Financial LP lifted its holdings in shares of Brinker International by 58.5% during the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator's stock valued at $28,000 after acquiring an additional 83 shares during the period. Rezny Wealth Management Inc. boosted its holdings in shares of Brinker International by 0.8% in the 4th quarter. Rezny Wealth Management Inc. now owns 11,738 shares of the restaurant operator's stock worth $1,685,000 after acquiring an additional 92 shares in the last quarter. New Age Alpha Advisors LLC boosted its holdings in shares of Brinker International by 4.8% in the 4th quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator's stock worth $294,000 after acquiring an additional 94 shares in the last quarter. Smith Group Asset Management LLC grew its position in Brinker International by 0.5% during the 2nd quarter. Smith Group Asset Management LLC now owns 20,669 shares of the restaurant operator's stock worth $3,472,000 after acquiring an additional 104 shares during the last quarter. Finally, Aviva PLC increased its holdings in Brinker International by 2.8% during the 4th quarter. Aviva PLC now owns 4,123 shares of the restaurant operator's stock valued at $592,000 after purchasing an additional 112 shares in the last quarter.

More Brinker International News

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

• Positive Sentiment: Zacks Research raised most of its Brinker earnings outlook. Estimates increased for Q1 2027 EPS to $2.29 from $2.16, Q2 2027 to $3.24 from $3.03, Q3 2027 to $3.45 from $3.32, and Q4 2027 to $4.05 from $3.77. The FY2027 forecast rose to $13.03 from $12.29, suggesting stronger expected operating momentum.
• Positive Sentiment: Zacks also lifted its FY2028 EPS estimate to $13.66 from $13.33, raised Q1 2028 to $2.49 from $2.45 and Q3 2028 to $3.54 from $3.37. Its new FY2029 forecast is $14.90 per share, above the current-year consensus of approximately $13.24.
• Neutral Sentiment: The revisions were not uniformly positive: Zacks trimmed its Q2 2028 EPS estimate to $3.30 from $3.34. The mixed adjustment limits the significance of the broader forecast increases.
• Negative Sentiment: Senior Vice President and Chief Legal Officer Daniel Fuller sold 1,909 EAT shares for approximately $484,000 at an average price of $253.54, reducing his holdings by 5.95%. The transaction occurred near the stock’s 52-week high and may reinforce concerns about insider confidence. Daniel Fuller SEC insider-sale filing
• Negative Sentiment: Brinker’s latest quarterly results provide a counterweight to the bullish estimates: EPS of $3.07 narrowly missed the $3.09 consensus, although revenue reached $1.54 billion, rose 5.1% year over year and exceeded expectations. With shares trading at an elevated valuation after a substantial rally, investors may be taking profits despite the company’s solid sales growth and FY2027 EPS guidance of $12.60–$13.40.

Analyst Ratings Changes

A number of equities analysts have commented on EAT shares. Citigroup boosted their price objective on Brinker International from $227.00 to $282.00 and gave the stock a "buy" rating in a research note on Thursday, August 13th. KeyCorp raised their target price on Brinker International from $204.00 to $275.00 and gave the company an "overweight" rating in a research note on Thursday, August 13th. UBS Group lifted their price target on Brinker International from $190.00 to $260.00 and gave the company a "buy" rating in a report on Monday, August 10th. Northcoast Research downgraded shares of Brinker International from a "buy" rating to a "neutral" rating in a research report on Friday, August 14th. Finally, Weiss Ratings raised shares of Brinker International from a "hold (c+)" rating to a "buy (b-)" rating in a report on Tuesday, August 11th. Seventeen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $242.19.

Insider Transactions at Brinker International

In other Brinker International news, EVP George S. Felix sold 14,349 shares of the company'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 transaction, the executive vice president directly owned 6,293 shares in the company, valued at approximately $1,494,398.71. This represents a 69.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Kevin Hochman sold 40,000 shares of the firm's stock in a transaction dated 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 transaction, the chief executive officer directly owned 144,090 shares in the company, valued at $35,035,483.50. This trade represents a 21.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 145,014 shares of company stock valued at $34,958,437. 1.43% of the stock is currently owned by insiders.

Brinker International Stock Down 1.2%

NYSE:EAT opened at $230.51 on Friday. The company has a market cap of $9.63 billion, a price-to-earnings ratio of 21.17, a P/E/G ratio of 1.19 and a beta of 1.24. 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 stock's fifty day moving average price is $203.67 and its two-hundred day moving average price is $166.24. Brinker International, Inc. has a 52-week low of $100.30 and a 52-week high of $254.99.

Brinker International (NYSE:EAT - Get Free Report) last released 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%. The firm's quarterly revenue was up 5.1% on a year-over-year basis. During the same period last year, the business posted $2.30 earnings per share. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. On average, analysts anticipate that Brinker International, Inc. will post 13.22 EPS 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.

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