Brinker International, Inc. $EAT Shares Sold by Wedge Capital Management L L P NC

Key Points

• Wedge Capital Management reduced its Brinker International stake by 21.4% in the second quarter, selling 7,644 shares and retaining 28,122 shares valued at approximately $4.7 million.
• Brinker reported fourth-quarter revenue of $1.54 billion, up 5.1% year over year and ahead of estimates, while EPS rose to $3.07 but slightly missed consensus. The company issued optimistic fiscal 2027 guidance of $12.60–$13.40 in adjusted EPS and $6.2–$6.3 billion in revenue.
• Analyst sentiment remains favorable, with TD Cowen, UBS and other firms raising price targets; the stock carries a “Moderate Buy” consensus rating. However, valuation risk remains as shares trade near their 52-week high.

Wedge Capital Management L L P NC cut its stake in Brinker International, Inc. (NYSE:EAT - Free Report) by 21.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 28,122 shares of the restaurant operator's stock after selling 7,644 shares during the period. Wedge Capital Management L L P NC owned approximately 0.07% of Brinker International worth $4,724,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Transamerica Financial Advisors LLC boosted its holdings in shares of Brinker International by 570.4% in the 4th quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator's stock valued at $26,000 after purchasing an additional 154 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Brinker International during the 3rd quarter worth $25,000. Allworth Financial LP raised its position in shares of Brinker International by 58.5% in the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator's stock worth $28,000 after buying an additional 83 shares during the period. Salomon & Ludwin LLC raised its position in shares of Brinker International by 45.1% in the 4th quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator's stock worth $45,000 after buying an additional 93 shares during the period. Finally, CoreCap Advisors LLC boosted its holdings in Brinker International by 33,000.0% in the second quarter. CoreCap Advisors LLC now owns 331 shares of the restaurant operator's stock valued at $56,000 after acquiring an additional 330 shares during the last quarter.

More Brinker International News

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

• Positive Sentiment: Optimistic fiscal 2027 guidance: Brinker forecast adjusted EPS of $12.60–$13.40, above the $12.47 analyst consensus, and revenue of $6.2–$6.3 billion versus expectations of approximately $6.1 billion. Brinker fiscal 2026 results and fiscal 2027 guidance
• Positive Sentiment: Continued Chili’s sales momentum: Chili’s recorded its fifth consecutive year of same-store sales growth, with cumulative gains reaching 71% over that period. New chicken-sandwich offerings are helping the casual-dining chain compete for fast-food customers and drive sales. Chili’s chicken-sandwich sales gains
• Positive Sentiment: Improved financial performance and shareholder returns: Fourth-quarter revenue increased 5.1% year over year to $1.54 billion, ahead of the $1.53 billion consensus, while EPS rose from $2.30 to $3.07. Brinker also highlighted expanded share repurchases and plans to grow its digital ordering and takeout business. Brinker share buybacks and growth update
• Positive Sentiment: Analyst support increased: TD Cowen raised its price target to $270 and assigned a Buy rating, while Bank of America reiterated Buy and UBS lifted its target to $260, reflecting confidence in the company’s growth outlook. Analyst price-target update
• Neutral Sentiment: Fourth-quarter earnings were mixed: EPS of $3.07 was slightly below the $3.10 consensus used by some analysts, although other estimates characterized the result as in line. The modest miss was offset by the revenue beat and stronger forward guidance. Brinker quarterly earnings report
• Negative Sentiment: Valuation remains a risk: With EAT trading near its 52-week high and at an elevated earnings multiple, investors may expect continued execution and additional growth opportunities to justify the valuation. Brinker valuation analysis

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on EAT shares. TD Cowen boosted their price target on Brinker International from $210.00 to $270.00 and gave the company a "buy" rating in a research report on Wednesday. KeyCorp raised their price objective on Brinker International from $177.00 to $204.00 and gave the stock an "overweight" rating in a report on Wednesday, July 15th. UBS Group lifted their price objective on Brinker International from $190.00 to $260.00 and gave the company a "buy" rating in a research note on Monday. Barclays boosted their target price on Brinker International from $170.00 to $175.00 and gave the stock an "equal weight" rating in a report on Thursday, April 30th. Finally, Wells Fargo & Company increased their target price on shares of Brinker International from $200.00 to $220.00 and gave the stock an "overweight" rating in a research report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $199.75.

Brinker International Stock Up 10.4%

Shares of Brinker International stock opened at $244.50 on Thursday. Brinker International, Inc. has a twelve month low of $100.30 and a twelve month high of $252.52. The stock has a market cap of $10.49 billion, a price-to-earnings ratio of 23.97, a price-to-earnings-growth ratio of 1.31 and a beta of 1.24. The company has a current ratio of 0.40, a quick ratio of 0.35 and a debt-to-equity ratio of 1.05. The company has a fifty day moving average price of $182.95 and a 200 day moving average price of $159.65.

Brinker International (NYSE:EAT - Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The restaurant operator reported $3.07 EPS for the quarter, missing analysts' consensus estimates of $3.09 by ($0.02). The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The company's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.30 EPS. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Equities research analysts forecast that Brinker International, Inc. will post 10.76 earnings per share for the current fiscal year.

Brinker International Company 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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