Brinker International, Inc. $EAT Shares Purchased by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors raised its stake in Brinker to 975,039 shares (about 2.19% of the company) by buying an additional 18,935 shares in the quarter, valued at roughly $123.5 million.
• Company insiders have been net sellers recently: EVP Aaron M. White sold 7,000 shares at $165 and CMO George S. Felix sold 10,431 shares at $161, with insiders offloading 97,678 shares (~$15.7M) over the last 90 days and now owning 1.43% of the stock.
• Brinker posted a quarterly beat with $2.87 EPS versus $2.53 expected and revenue of $1.45 billion (up 6.9% YoY); analysts' consensus is a "Moderate Buy" with an average target around $186 and the shares trade at a P/E of about 14.6.

Dimensional Fund Advisors LP raised its holdings in Brinker International, Inc. (NYSE:EAT - Free Report) by 2.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 975,039 shares of the restaurant operator's stock after purchasing an additional 18,935 shares during the quarter. Dimensional Fund Advisors LP owned about 2.19% of Brinker International worth $123,541,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Allworth Financial LP grew its holdings in shares of Brinker International by 105.8% during the second quarter. Allworth Financial LP now owns 142 shares of the restaurant operator's stock worth $26,000 after buying an additional 73 shares during the last quarter. Journey Strategic Wealth LLC increased its position in Brinker International by 8.7% in the 2nd quarter. Journey Strategic Wealth LLC now owns 1,556 shares of the restaurant operator's stock valued at $281,000 after acquiring an additional 125 shares during the period. Profund Advisors LLC raised its stake in Brinker International by 6.3% during the 2nd quarter. Profund Advisors LLC now owns 2,210 shares of the restaurant operator's stock valued at $399,000 after acquiring an additional 131 shares during the last quarter. Savant Capital LLC lifted its position in Brinker International by 3.7% during the 2nd quarter. Savant Capital LLC now owns 3,947 shares of the restaurant operator's stock worth $712,000 after acquiring an additional 141 shares during the period. Finally, Amalgamated Bank lifted its position in Brinker International by 1.1% during the 3rd quarter. Amalgamated Bank now owns 12,791 shares of the restaurant operator's stock worth $1,620,000 after acquiring an additional 141 shares during the period.

Insider Buying and Selling at Brinker International

In other news, EVP Aaron M. White sold 7,000 shares of the company's stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $165.00, for a total transaction of $1,155,000.00. Following the transaction, the executive vice president directly owned 42,756 shares of the company's stock, valued at $7,054,740. This represents a 14.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CMO George S. Felix sold 10,431 shares of the stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $161.00, for a total transaction of $1,679,391.00. Following the completion of the transaction, the chief marketing officer owned 8,064 shares of the company's stock, valued at $1,298,304. This represents a 56.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 97,678 shares of company stock worth $15,700,372. Company insiders own 1.43% of the company's stock.

Brinker International Stock Up 3.1%

EAT opened at $144.10 on Thursday. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.36 and a quick ratio of 0.31. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $187.12. The stock has a market capitalization of $6.28 billion, a P/E ratio of 14.57, a P/E/G ratio of 0.99 and a beta of 1.34. The business has a 50 day simple moving average of $155.17 and a 200-day simple moving average of $142.99.

Brinker International (NYSE:EAT - Get Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share for the quarter, topping analysts' consensus estimates of $2.53 by $0.34. Brinker International had a return on equity of 134.92% and a net margin of 7.98%.The firm had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the prior year, the company posted $2.80 earnings per share. Brinker International's quarterly revenue was up 6.9% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. On average, equities analysts anticipate that Brinker International, Inc. will post 8.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on EAT shares. Weiss Ratings lowered Brinker International from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday. Piper Sandler increased their price target on Brinker International from $140.00 to $166.00 and gave the stock a "neutral" rating in a report on Thursday, January 29th. Wall Street Zen lowered shares of Brinker International from a "buy" rating to a "hold" rating in a research report on Saturday, January 31st. Citigroup upped their price objective on shares of Brinker International from $187.00 to $190.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. Finally, Barclays raised their target price on shares of Brinker International from $166.00 to $170.00 and gave the stock an "equal weight" rating in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $186.44.

Brinker International Profile

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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