Inspire Investing LLC Purchases New Holdings in Brinker International, Inc. $EAT

Key Points

• Inspire Investing LLC acquired 4,788 shares of Brinker International, valued at approximately $863,000, marking their entry into the company's stock during the second quarter.
• An array of institutional investors, including Sequoia Financial Advisors and Teacher Retirement System of Texas, have also recently increased their stakes in Brinker International.
• Analysts have set new price targets for Brinker International, with a consensus target of $171.35 and ratings ranging from "Buy" to "Hold."

Inspire Investing LLC bought a new position in Brinker International, Inc. (NYSE:EAT - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 4,788 shares of the restaurant operator's stock, valued at approximately $863,000.

Other institutional investors have also bought and sold shares of the company. Sequoia Financial Advisors LLC purchased a new position in Brinker International in the 1st quarter worth approximately $206,000. Sumitomo Mitsui Trust Group Inc. purchased a new position in Brinker International in the 1st quarter worth approximately $492,000. Robeco Institutional Asset Management B.V. purchased a new position in Brinker International in the 1st quarter worth approximately $565,000. Teacher Retirement System of Texas lifted its stake in Brinker International by 72.9% in the 1st quarter. Teacher Retirement System of Texas now owns 55,885 shares of the restaurant operator's stock worth $8,330,000 after purchasing an additional 23,554 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in Brinker International by 153.4% in the 1st quarter. GAMMA Investing LLC now owns 783 shares of the restaurant operator's stock worth $117,000 after purchasing an additional 474 shares in the last quarter.

Analysts Set New Price Targets

EAT has been the topic of a number of research reports. Stifel Nicolaus raised their target price on shares of Brinker International from $200.00 to $215.00 and gave the stock a "buy" rating in a research note on Monday, June 23rd. BMO Capital Markets raised their price target on shares of Brinker International from $150.00 to $170.00 and gave the stock a "market perform" rating in a report on Thursday, August 14th. Wells Fargo & Company upgraded shares of Brinker International from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $165.00 to $175.00 in a report on Monday, September 22nd. Weiss Ratings restated a "buy (b)" rating on shares of Brinker International in a report on Wednesday, October 8th. Finally, UBS Group raised their price target on shares of Brinker International from $155.00 to $165.00 and gave the stock a "neutral" rating in a report on Thursday, August 14th. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $171.35.

Brinker International Stock Up 0.3%

Brinker International stock opened at $124.86 on Monday. Brinker International, Inc. has a fifty-two week low of $82.42 and a fifty-two week high of $192.21. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.25 and a current ratio of 0.31. The firm has a 50 day moving average price of $146.91 and a 200 day moving average price of $154.67. The company has a market capitalization of $5.55 billion, a PE ratio of 15.03, a price-to-earnings-growth ratio of 0.82 and a beta of 1.38.

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

Insider Activity at Brinker International

In related news, CEO Kevin Hochman sold 44,000 shares of Brinker International stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $157.82, for a total value of $6,944,080.00. Following the completion of the sale, the chief executive officer owned 212,867 shares in the company, valued at approximately $33,594,669.94. This trade represents a 17.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Douglas N. Comings sold 16,000 shares of Brinker International stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $156.48, for a total transaction of $2,503,680.00. Following the completion of the sale, the chief operating officer owned 12,951 shares of the company's stock, valued at $2,026,572.48. This trade represents a 55.27% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 68,325 shares of company stock worth $10,754,785. 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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