5,540 Shares in Brinker International, Inc. $EAT Purchased by Hanseatic Management Services Inc.

Key Points

• Hanseatic Management Services acquired 5,540 Brinker International shares worth approximately $1.07 million during the third quarter, while several other institutional investors also increased their positions.
• Brinker reported a strong quarter with adjusted EPS of $2.77 and revenue of $1.48 billion, surpassing analyst expectations; Chili’s posted its 22nd consecutive quarter of comparable-sales growth.
• Analysts maintain a generally bullish view, with a consensus “Moderate Buy” rating and a $249.45 target price, although insiders sold 173,694 shares worth about $41.6 million over the past three months.

Hanseatic Management Services Inc. purchased a new position in shares of Brinker International, Inc. (NYSE:EAT - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,540 shares of the restaurant operator's stock, valued at approximately $1,072,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EAT. Signaturefd LLC boosted its stake in Brinker International by 14.8% during the 3rd quarter. Signaturefd LLC now owns 1,287 shares of the restaurant operator's stock worth $249,000 after purchasing an additional 166 shares during the period. One Wealth Capital Management LLC acquired a new position in Brinker International in the third quarter valued at $464,000. Gibbs Wealth Management increased its stake in Brinker International by 6.2% in the third quarter. Gibbs Wealth Management now owns 7,802 shares of the restaurant operator's stock valued at $1,510,000 after purchasing an additional 453 shares during the period. Fifth Third Wealth Advisors LLC raised its holdings in shares of Brinker International by 3.7% in the third quarter. Fifth Third Wealth Advisors LLC now owns 1,532 shares of the restaurant operator's stock valued at $296,000 after buying an additional 54 shares during the last quarter. Finally, Sterling Capital Management LLC raised its holdings in shares of Brinker International by 837.9% in the third quarter. Sterling Capital Management LLC now owns 1,435 shares of the restaurant operator's stock valued at $278,000 after buying an additional 1,282 shares during the last quarter.

Insider Transactions at Brinker International

In other Brinker International news, Director James C. Katzman sold 650 shares of the stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $220.09, for a total value of $143,058.50. Following the completion of the transaction, the director directly owned 25,094 shares of the company's stock, valued at approximately $5,522,938.46. This trade represents a 2.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Michaela M. Ware sold 3,030 shares of the business's stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $233.48, for a total value of $707,444.40. Following the sale, the executive vice president directly owned 17,494 shares in the company, valued at $4,084,499.12. This trade represents a 14.76% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 173,694 shares of company stock valued at $41,568,690. 1.18% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Piper Sandler raised their price target on Brinker International from $166.00 to $240.00 and gave the stock a "neutral" rating in a report on Monday, August 17th. Citigroup decreased their price objective on Brinker International from $282.00 to $270.00 and set a "buy" rating for the company in a research report on Monday, October 19th. Raymond James Financial upgraded Brinker International from an "outperform" rating to a "strong-buy" rating and lowered their target price for the company from $270.00 to $260.00 in a research note on Friday, October 16th. Morgan Stanley boosted their target price on Brinker International from $250.00 to $260.00 and gave the company an "overweight" rating in a report on Thursday, September 10th. Finally, BMO Capital Markets upped their price target on Brinker International from $175.00 to $230.00 and gave the stock a "market perform" rating in a research note on Thursday, August 13th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Brinker International has a consensus rating of "Moderate Buy" and a consensus target price of $249.45.

Key Brinker International News

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

• Positive Sentiment: Brinker reported fiscal Q1 adjusted earnings of $2.77 per share, exceeding analyst estimates of approximately $2.45-$2.49 and rising from $2.17-$2.18 a year earlier. Revenue increased 9.4% to $1.48 billion, also topping the roughly $1.46 billion consensus. Brinker International Reports First Quarter Fiscal 2027 Results
• Positive Sentiment: Chili’s delivered its 22nd consecutive quarter of same-store sales growth, with comparable sales up 10% despite lapping a 21% increase in the prior-year quarter. Management said the brand’s three-year cumulative comparable-sales growth reached 52%, highlighting sustained customer demand and strong execution. Brinker Rallies After Chili’s Results
• Positive Sentiment: Management raised fiscal 2027 adjusted EPS guidance to $13.30-$13.90, slightly above the $13.28 FactSet estimate. The higher forecast signals that Brinker expects operating momentum, particularly at Chili’s, to continue. Brinker Fiscal 2027 EPS Guidance
• Neutral Sentiment: The earnings beat and outlook revision were widely reported, contributing to unusually heavy trading volume. However, the stock remains near its 52-week high, with a valuation around 20 times earnings, leaving investors dependent on continued sales growth to justify further gains. Brinker Q1 Earnings and Revenues Top Estimates

Brinker International Stock Up 12.0%

Brinker International stock opened at $220.29 on Thursday. The stock's 50 day moving average price is $210.12 and its 200 day moving average price is $174.06. Brinker International, Inc. has a 1-year low of $100.30 and a 1-year high of $254.99. The company has a market cap of $9.20 billion, a PE ratio of 20.23, a price-to-earnings-growth ratio of 0.95 and a beta of 1.25. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.45 and a quick ratio of 0.40.

Brinker International (NYSE:EAT - Get Free Report) last released its earnings results on Wednesday, October 28th. The restaurant operator reported $2.77 EPS for the quarter, beating analysts' consensus estimates of $2.45 by $0.32. The company had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.46 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 9.4% compared to the same quarter last year. During the same quarter last year, the company earned $2.17 earnings per share. On average, sell-side analysts predict that Brinker International, Inc. will post 13.20 EPS for the current fiscal year.

About Brinker International

Brinker International, Inc is a casual-dining restaurant company that owns, operates and franchises restaurants in the United States and select international markets. The company is headquartered in Dallas, Texas, and serves customers through company-operated and franchised locations.

Brinker's principal brands are Chili's Grill & Bar and Maggiano's Little Italy. Chili's offers a broad menu of burgers, steaks, ribs, fajitas, Tex-Mex dishes, salads and beverages in a full-service, casual setting.

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