Cwm LLC Acquires 13,872 Shares of Brinker International, Inc. $EAT

Key Points

• Cwm LLC increased its stake in Brinker by 521.3%, acquiring an additional 13,872 shares to own 16,533 shares valued at about $2.37 million at quarter-end.
• Brinker reported a quarterly EPS of $2.87 (vs. $2.53 est.) and revenue of $1.45 billion (vs. $1.41 billion est.), and the stock holds a consensus analyst rating of Moderate Buy with a $185.68 price target.
• Insiders have been net sellers recently: CEO Kevin Hochman sold 66,000 shares and insiders disposed of 97,678 shares worth roughly $15.7 million over the last quarter, leaving insiders with about 1.43% ownership.

Cwm LLC lifted its holdings in Brinker International, Inc. (NYSE:EAT - Free Report) by 521.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 16,533 shares of the restaurant operator's stock after acquiring an additional 13,872 shares during the quarter. Cwm LLC's holdings in Brinker International were worth $2,373,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in EAT. Allworth Financial LP grew its stake in shares of Brinker International by 58.5% during the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator's stock valued at $28,000 after buying an additional 83 shares during the last quarter. Amalgamated Bank grew its stake in shares of Brinker International by 1.1% during the third quarter. Amalgamated Bank now owns 12,791 shares of the restaurant operator's stock valued at $1,620,000 after buying an additional 141 shares during the last quarter. Aurora Investment Counsel grew its stake in shares of Brinker International by 2.2% during the third quarter. Aurora Investment Counsel now owns 7,119 shares of the restaurant operator's stock valued at $902,000 after buying an additional 152 shares during the last quarter. Arizona State Retirement System grew its stake in shares of Brinker International by 1.5% during the third quarter. Arizona State Retirement System now owns 13,153 shares of the restaurant operator's stock valued at $1,666,000 after buying an additional 193 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of Brinker International during the third quarter valued at about $25,000.

Brinker International Trading Down 3.6%

EAT opened at $138.62 on Friday. The firm has a market capitalization of $6.04 billion, a price-to-earnings ratio of 14.02, a PEG ratio of 1.01 and a beta of 1.34. The business has a 50 day simple moving average of $146.56 and a two-hundred day simple moving average of $143.35. Brinker International, Inc. has a one year low of $100.30 and a one year high of $187.12. 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 (NYSE:EAT - Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.53 by $0.34. The business had revenue of $1.45 billion for the quarter, compared to analysts' expectations of $1.41 billion. Brinker International had a net margin of 7.98% and a return on equity of 134.92%. The firm's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.80 earnings per share. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. Analysts predict that Brinker International, Inc. will post 10.69 EPS for the current year.

Insider Buying and Selling

In related news, CEO Kevin Hochman sold 66,000 shares of the stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $160.31, for a total value of $10,580,460.00. Following the completion of the transaction, the chief executive officer directly owned 129,824 shares of the company's stock, valued at $20,812,085.44. This represents a 33.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Michaela M. Ware sold 5,000 shares of the stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $162.40, for a total transaction of $812,000.00. Following the completion of the transaction, the executive vice president directly owned 19,923 shares of the company's stock, valued at approximately $3,235,495.20. The trade was a 20.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 97,678 shares of company stock valued at $15,700,372 over the last quarter. 1.43% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

EAT has been the subject of several recent research reports. UBS Group boosted their price objective on Brinker International from $175.00 to $190.00 and gave the company a "buy" rating in a research report on Thursday, January 29th. JPMorgan Chase & Co. boosted their price objective on Brinker International from $187.00 to $190.00 and gave the company an "overweight" rating in a research report on Monday, March 16th. KeyCorp upgraded Brinker International from a "sector weight" rating to an "overweight" rating and set a $177.00 price objective for the company in a research report on Thursday, April 2nd. Wall Street Zen lowered shares of Brinker International from a "buy" rating to a "hold" rating in a report on Saturday, January 31st. Finally, BMO Capital Markets raised their price target on shares of Brinker International from $140.00 to $170.00 and gave the stock a "market perform" rating in a report on Tuesday, January 6th. Fifteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $185.68.

About Brinker International

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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