Callan Family Office LLC Makes New $2.26 Million Investment in Brinker International, Inc. $EAT

Callan Family Office LLC acquired a new stake in Brinker International, Inc. (NYSE:EAT - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 13,439 shares of the restaurant operator's stock, valued at approximately $2,258,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Transamerica Financial Advisors LLC increased its position in shares of Brinker International by 570.4% during 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 bought a new stake in Brinker International in the third quarter worth $25,000. Kilter Group LLC bought a new stake in Brinker International in the second quarter worth $35,000. Allworth Financial LP boosted its stake in Brinker International by 58.5% during the third 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. Finally, CoreCap Advisors LLC boosted its stake in Brinker International by 33,000.0% during the second quarter. CoreCap Advisors LLC now owns 331 shares of the restaurant operator's stock worth $56,000 after buying an additional 330 shares during the period.

Insider Activity at Brinker International

In other news, EVP George S. Felix sold 14,349 shares of the firm's stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $237.47, for a total value of $3,407,457.03. Following the completion of the transaction, the executive vice president directly owned 6,293 shares in the company, valued at $1,494,398.71. This trade represents a 69.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Aaron M. White sold 16,220 shares of Brinker International stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $236.22, for a total value of $3,831,488.40. Following the sale, the executive vice president directly owned 42,756 shares of the company's stock, valued at $10,099,822.32. This trade represents a 27.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 133,105 shares of company stock worth $32,070,729 in the last quarter. 1.43% of the stock is owned by insiders.

Brinker International Trading Up 5.6%

NYSE EAT opened at $246.06 on Friday. Brinker International, Inc. has a 12-month low of $100.30 and a 12-month high of $253.71. The company has a fifty day simple moving average of $195.50 and a two-hundred day simple moving average of $163.52. The company has a current ratio of 0.45, a quick ratio of 0.35 and a debt-to-equity ratio of 0.95. The stock has a market cap of $10.28 billion, a P/E ratio of 22.60, a P/E/G ratio of 1.27 and a beta of 1.24.

Brinker International (NYSE:EAT - Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share for the quarter, missing analysts' consensus estimates of $3.09 by ($0.02). Brinker International had a net margin of 8.39% and a return on equity of 122.35%. The company had revenue of $1.54 billion for the quarter, compared to analysts' expectations of $1.53 billion. During the same period last year, the firm earned $2.30 earnings per share. Brinker International's quarterly revenue was up 5.1% compared to the same quarter last year. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. On average, analysts forecast that Brinker International, Inc. will post 13.24 earnings per share for the current year.

Analysts Set New Price Targets

EAT has been the topic of several recent analyst reports. Northcoast Research downgraded shares of Brinker International from a "buy" rating to a "neutral" rating in a research note on Friday, August 14th. Mizuho lifted their price target on shares of Brinker International from $175.00 to $275.00 and gave the stock an "outperform" rating in a research note on Thursday, August 13th. Weiss Ratings upgraded shares of Brinker International from a "hold (c+)" rating to a "buy (b-)" rating in a report on Tuesday, August 11th. Stephens increased their price objective on shares of Brinker International from $220.00 to $300.00 and gave the stock an "overweight" rating in a research report on Thursday, August 13th. Finally, Wells Fargo & Company raised their price objective on shares of Brinker International from $220.00 to $280.00 and gave the stock an "overweight" rating in a research note on Thursday, August 13th. Sixteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $238.05.

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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