Dimensional Fund Advisors LP Boosts Position in Brinker International, Inc. $EAT

Key Points

• Dimensional Fund Advisors LP increased its stake in Brinker International by 5.1%, owning a total of 967,550 shares worth approximately $144.2 million as of its latest SEC filing.
• A number of analysts have raised their target prices for Brinker International, with Bank of America setting a new target at $190.00 and Stifel Nicolaus increasing their target to $215.00, indicating positive expectations for the stock.
• Brinker International reported earnings of $2.49 per share, exceeding expectations and reflecting a 21.0% year-over-year revenue increase, with its current fiscal guidance projecting EPS between $9.90 and $10.50 for FY 2026.

Dimensional Fund Advisors LP raised its stake in Brinker International, Inc. (NYSE:EAT - Free Report) by 5.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 967,550 shares of the restaurant operator's stock after purchasing an additional 46,896 shares during the period. Dimensional Fund Advisors LP owned 2.18% of Brinker International worth $144,201,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of EAT. AdvisorShares Investments LLC grew its position in shares of Brinker International by 4.4% in the 4th quarter. AdvisorShares Investments LLC now owns 2,131 shares of the restaurant operator's stock valued at $282,000 after buying an additional 89 shares during the last quarter. Mackenzie Financial Corp lifted its position in Brinker International by 4.2% in the first quarter. Mackenzie Financial Corp now owns 2,933 shares of the restaurant operator's stock valued at $437,000 after acquiring an additional 119 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in Brinker International by 575.0% in the first quarter. Farther Finance Advisors LLC now owns 189 shares of the restaurant operator's stock valued at $29,000 after acquiring an additional 161 shares in the last quarter. National Bank of Canada FI grew its holdings in shares of Brinker International by 227.3% during the first quarter. National Bank of Canada FI now owns 252 shares of the restaurant operator's stock worth $38,000 after purchasing an additional 175 shares during the last quarter. Finally, Coppell Advisory Solutions LLC acquired a new stake in shares of Brinker International during the fourth quarter worth about $26,000.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on EAT shares. Bank of America upped their target price on Brinker International from $186.00 to $190.00 and gave the company a "neutral" rating in a research report on Thursday, August 14th. Stifel Nicolaus boosted their price objective on Brinker International from $200.00 to $215.00 and gave the company a "buy" rating in a research note on Monday, June 23rd. Morgan Stanley raised their target price on shares of Brinker International from $149.00 to $161.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 14th. BMO Capital Markets lifted their target price on shares of Brinker International from $150.00 to $170.00 and gave the company a "market perform" rating in a report on Thursday, August 14th. Finally, Barclays increased their price target on shares of Brinker International from $166.00 to $170.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 14th. Four analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. Based on data from MarketBeat.com, Brinker International has an average rating of "Hold" and a consensus target price of $171.41.

Brinker International Trading Down 1.0%

NYSE:EAT opened at $152.2950 on Thursday. Brinker International, Inc. has a 12-month low of $66.72 and a 12-month high of $192.21. The company has a current ratio of 0.31, a quick ratio of 0.23 and a debt-to-equity ratio of 1.15. The stock's 50 day simple moving average is $166.87 and its 200-day simple moving average is $157.85. The firm has a market cap of $6.78 billion, a P/E ratio of 18.33, a PEG ratio of 0.97 and a beta of 1.68.

Brinker International (NYSE:EAT - Get Free Report) last posted its quarterly earnings data on Wednesday, August 13th. The restaurant operator reported $2.49 earnings per share for the quarter, beating analysts' consensus estimates of $2.47 by $0.02. The firm had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.42 billion. Brinker International had a net margin of 7.12% and a return on equity of 211.86%. Brinker International's quarterly revenue was up 21.0% on a year-over-year basis. During the same period last year, the firm posted $1.61 EPS. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. Equities analysts anticipate that Brinker International, Inc. will post 8.3 EPS for the current year.

Insider Activity

In other Brinker International news, Director Harriet Edelman sold 8,325 shares of the business's stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $157.00, for a total transaction of $1,307,025.00. Following the transaction, the director owned 28,905 shares in the company, valued at approximately $4,538,085. The trade was a 22.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Joseph Michael Depinto sold 10,000 shares of the stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $170.36, for a total value of $1,703,600.00. Following the transaction, the director directly owned 99,297 shares of the company's stock, valued at approximately $16,916,236.92. This trade represents a 9.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.72% of the company's stock.

Brinker International Profile

Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.

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