Burney Co. Decreases Stake in Brinker International, Inc. $EAT

Key Points

• Burney Co. cut its stake in Brinker by 66.5% in Q4, selling 21,699 shares and leaving 10,938 shares valued at about $1.57 million.
• Brinker posted an earnings beat with $2.87 EPS vs. $2.53 expected and revenue of $1.45 billion (up 6.9% year-over-year), while analysts remain broadly positive with a consensus price target of $185.89 and several firms raising targets toward $200.
• Insiders and other institutions have been active sellers, with insiders selling roughly 97,678 shares worth $15.7 million over the past 90 days; the stock trades near $153.81 with a 52-week range of $100.30–$187.12.

Burney Co. lowered its position in Brinker International, Inc. (NYSE:EAT - Free Report) by 66.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 10,938 shares of the restaurant operator's stock after selling 21,699 shares during the period. Burney Co.'s holdings in Brinker International were worth $1,570,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EAT. NewEdge Advisors LLC lifted its holdings in Brinker International by 1,118.9% in the 1st quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator's stock valued at $173,000 after purchasing an additional 1,063 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Brinker International by 271.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 846 shares of the restaurant operator's stock valued at $153,000 after purchasing an additional 618 shares in the last quarter. First Trust Advisors LP lifted its holdings in Brinker International by 1.9% in the 2nd quarter. First Trust Advisors LP now owns 52,249 shares of the restaurant operator's stock valued at $9,422,000 after purchasing an additional 978 shares in the last quarter. Baird Financial Group Inc. purchased a new position in Brinker International in the 2nd quarter valued at $3,222,000. Finally, Brown Advisory Inc. lifted its holdings in Brinker International by 33.0% in the 2nd quarter. Brown Advisory Inc. now owns 1,789 shares of the restaurant operator's stock valued at $323,000 after purchasing an additional 444 shares in the last quarter.

Brinker International Stock Down 0.9%

NYSE EAT opened at $153.81 on Tuesday. Brinker International, Inc. has a 52 week low of $100.30 and a 52 week high of $187.12. The company has a quick ratio of 0.31, a current ratio of 0.36 and a debt-to-equity ratio of 1.19. The business's fifty day simple moving average is $148.92 and its 200-day simple moving average is $142.10. The firm has a market cap of $6.70 billion, a PE ratio of 15.55, a P/E/G ratio of 1.09 and a beta of 1.34.

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

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. The Goldman Sachs Group raised their price objective on Brinker International from $180.00 to $200.00 and gave the company a "buy" rating in a report on Thursday, January 29th. Wells Fargo & Company raised their price objective on Brinker International from $175.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, January 22nd. Citigroup decreased their price objective on Brinker International from $190.00 to $186.00 and set a "buy" rating on the stock in a report on Monday. Barclays raised their price objective on Brinker International from $166.00 to $170.00 and gave the company an "equal weight" rating in a report on Thursday, January 29th. Finally, Morgan Stanley lifted their price target on Brinker International from $200.00 to $205.00 and gave the stock an "overweight" rating in a report on Thursday, January 29th. Fourteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $185.89.

Insider Buying and Selling at Brinker International

In other news, EVP Michaela M. Ware sold 5,000 shares of Brinker International stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $162.40, for a total transaction of $812,000.00. Following the transaction, the executive vice president owned 19,923 shares in the company, valued at $3,235,495.20. The trade was a 20.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Aaron M. White sold 7,000 shares of the firm's stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $165.00, for a total value of $1,155,000.00. Following the sale, the executive vice president directly owned 42,756 shares of the company's stock, valued at $7,054,740. The trade was a 14.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 97,678 shares of company stock worth $15,700,372. Corporate insiders own 1.43% of the company's stock.

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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