Brinker International, Inc. $EAT Shares Sold by Comerica Bank

Key Points

• Comerica Bank cut its stake in Brinker by 62.8%, selling 40,334 shares and leaving 23,940 shares valued at about $3.44 million.
• Other institutions increased exposure—Vanguard owns 4,819,397 shares (~$691.7M) and UBS more than doubled its position to 2,975,655 shares (+103.2%).
• Brinker beat quarterly EPS estimates with $2.90 vs. $2.85, set FY2026 guidance of $10.60–$10.85, and carries an analyst consensus of "Moderate Buy" with an average price target of $185.11.

Comerica Bank decreased its stake in Brinker International, Inc. (NYSE:EAT - Free Report) by 62.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,940 shares of the restaurant operator's stock after selling 40,334 shares during the period. Comerica Bank owned 0.05% of Brinker International worth $3,436,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of Brinker International by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 4,819,397 shares of the restaurant operator's stock valued at $691,680,000 after buying an additional 73,346 shares in the last quarter. UBS Group AG boosted its stake in Brinker International by 103.2% during the 4th quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator's stock worth $427,066,000 after purchasing an additional 1,511,266 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in Brinker International by 27.7% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,393,604 shares of the restaurant operator's stock worth $176,542,000 after purchasing an additional 301,912 shares during the period. Dimensional Fund Advisors LP boosted its stake in Brinker International by 2.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 975,039 shares of the restaurant operator's stock worth $123,541,000 after purchasing an additional 18,935 shares during the period. Finally, Two Sigma Investments LP boosted its stake in Brinker International by 58.6% during the 3rd quarter. Two Sigma Investments LP now owns 932,954 shares of the restaurant operator's stock worth $118,187,000 after purchasing an additional 344,539 shares during the period.

Analyst Ratings Changes

EAT has been the subject of a number of recent research reports. Wall Street Zen cut shares of Brinker International from a "buy" rating to a "hold" rating in a research note on Saturday, January 31st. Mizuho increased their price target on shares of Brinker International from $155.00 to $175.00 and gave the stock an "outperform" rating in a research note on Friday, January 9th. Jefferies Financial Group increased their price target on shares of Brinker International from $155.00 to $175.00 and gave the stock a "hold" rating in a research note on Thursday, January 29th. Weiss Ratings cut shares of Brinker International from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday. Finally, DA Davidson initiated coverage on shares of Brinker International in a research note on Friday, March 6th. They set a "neutral" rating and a $155.00 price target for the company. Fourteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $185.11.

Brinker International Stock Down 0.1%

Shares of Brinker International stock opened at $147.93 on Monday. The company has a market cap of $6.34 billion, a P/E ratio of 14.50, a PEG ratio of 1.06 and a beta of 1.32. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.35 and a current ratio of 0.40. Brinker International, Inc. has a one year low of $100.30 and a one year high of $187.12. The firm has a fifty day moving average of $145.16 and a two-hundred day moving average of $143.99.

Brinker International (NYSE:EAT - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $2.90 EPS for the quarter, topping analysts' consensus estimates of $2.85 by $0.05. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.47 billion. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. Brinker International's quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.66 EPS. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. On average, analysts forecast that Brinker International, Inc. will post 10.72 earnings per share for the current year.

Insider Activity

In other Brinker International 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 completion of the transaction, the executive vice president owned 42,756 shares in the company, valued at approximately $7,054,740. This represents a 14.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CMO George S. Felix sold 10,431 shares of the company's stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $161.00, for a total transaction of $1,679,391.00. Following the transaction, the chief marketing officer owned 8,064 shares of the company's stock, valued at approximately $1,298,304. The trade was a 56.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 22,878 shares of company stock worth $3,719,784 in the last 90 days. Corporate insiders own 1.43% of the company's stock.

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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