Danske Bank A S Cuts Stock Position in Brinker International, Inc. $EAT

Key Points

• Danske Bank A S trimmed its stake in Brinker International by 44.5% in Q4, selling 8,589 shares and ending the period with 10,719 shares worth about $1.54 million.
• Several Wall Street firms have raised price targets and ratings on Brinker—Wells Fargo lifted its target to $200 and UBS/JPMorgan to $190—leaving a consensus rating of "Moderate Buy" with an average price target of $185.11.
• Brinker beat quarterly EPS estimates ($2.90 vs. $2.85) and set FY2026 guidance of EPS $10.60–10.85, roughly in line with analysts' expectations (consensus ~10.73).

Danske Bank A S cut its position in Brinker International, Inc. (NYSE:EAT - Free Report) by 44.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,719 shares of the restaurant operator's stock after selling 8,589 shares during the quarter. Danske Bank A S's holdings in Brinker International were worth $1,538,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Caitong International Asset Management Co. Ltd purchased a new position in shares of Brinker International in the 3rd quarter worth approximately $25,000. Salomon & Ludwin LLC bought a new position in shares of Brinker International during the 3rd quarter worth approximately $26,000. Allworth Financial LP lifted its position in 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 acquiring an additional 83 shares during the last quarter. First Horizon Corp lifted its position in Brinker International by 116.0% during the fourth quarter. First Horizon Corp now owns 337 shares of the restaurant operator's stock valued at $48,000 after acquiring an additional 181 shares during the last quarter. Finally, Quarry LP boosted its stake in Brinker International by 52.2% in the third quarter. Quarry LP now owns 615 shares of the restaurant operator's stock valued at $78,000 after acquiring an additional 211 shares in the last quarter.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. UBS Group lifted their price target on shares of Brinker International from $175.00 to $190.00 and gave the stock a "buy" rating in a report on Thursday, January 29th. JPMorgan Chase & Co. raised their price objective on Brinker International from $187.00 to $190.00 and gave the stock an "overweight" rating in a research report on Monday, March 16th. Wells Fargo & Company boosted their target price on Brinker International from $175.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, January 22nd. Jefferies Financial Group increased their price target on Brinker International from $155.00 to $175.00 and gave the company a "hold" rating in a research note on Thursday, January 29th. Finally, KeyCorp raised Brinker International from a "sector weight" rating to an "overweight" rating and set a $177.00 price target for the company in a report on Thursday, April 2nd. Fourteen investment 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 presently has a consensus rating of "Moderate Buy" and an average price target of $185.11.

Insider Buying and Selling

In related news, Director James C. Katzman sold 447 shares of the company's stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $164.19, for a total value of $73,392.93. Following the sale, the director owned 28,994 shares in the company, valued at $4,760,524.86. This represents a 1.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Michaela M. Ware sold 5,000 shares of the firm's stock in a transaction that occurred 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 directly owned 19,923 shares of the company's stock, valued at $3,235,495.20. This represents a 20.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.43% of the stock is owned by corporate insiders.

Brinker International Stock Performance

Shares of EAT stock opened at $144.82 on Wednesday. The business has a fifty day moving average of $145.12 and a 200 day moving average of $144.09. Brinker International, Inc. has a 1 year low of $100.30 and a 1 year high of $187.12. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.40 and a quick ratio of 0.35. The firm has a market capitalization of $6.21 billion, a price-to-earnings ratio of 14.20, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32.

Brinker International (NYSE:EAT - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share for the quarter, beating the consensus estimate of $2.85 by $0.05. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the previous year, the business earned $2.66 EPS. The company's quarterly revenue was up 3.2% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. As a group, research analysts expect that Brinker International, Inc. will post 10.73 earnings per share for the current year.

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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