Invst LLC Makes New Investment in Brinker International, Inc. $EAT

Key Points

• Invst LLC acquired 4,329 Brinker International shares worth approximately $727,000 in the second quarter, joining other institutional investors that recently increased or initiated positions.
• Analysts maintain a favorable outlook, with a consensus “Moderate Buy” rating and average price target of $242.19; several firms recently raised targets, including TD Cowen to $270 and Wells Fargo to $280.
• Brinker reported 5.1% year-over-year revenue growth and quarterly EPS of $3.07, narrowly missing estimates, while the stock traded near its 52-week high. Recent insider selling totaling 143,105 shares and relatively weak liquidity ratios could concern investors.

Invst LLC acquired a new stake in Brinker International, Inc. (NYSE:EAT - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 4,329 shares of the restaurant operator's stock, valued at approximately $727,000.

Other institutional investors also recently modified their holdings of the company. Transamerica Financial Advisors LLC increased its holdings in shares of Brinker International by 570.4% in the fourth 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 in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Brinker International during the 3rd quarter worth $25,000. Kilter Group LLC acquired a new position in Brinker International during the 2nd quarter worth $35,000. Allworth Financial LP boosted its position in Brinker International by 58.5% in the 3rd 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. Finally, CoreCap Advisors LLC boosted its position in Brinker International by 33,000.0% in the 2nd quarter. CoreCap Advisors LLC now owns 331 shares of the restaurant operator's stock valued at $56,000 after buying an additional 330 shares during the last quarter.

Brinker International News Roundup

Here are the key news stories impacting Brinker International this week:

• Positive Sentiment: Robert W. Baird initiated coverage with an “outperform” rating and a $325 price target, implying substantial upside from recent trading levels. The bullish view adds to a generally favorable analyst consensus, including recent target increases from Morgan Stanley and UBS. Analyst coverage report
• Positive Sentiment: Zacks highlighted Brinker as a strong growth stock, supported by its favorable growth characteristics and improving earnings outlook. The company’s latest quarterly revenue rose 5.1% year over year, while earnings increased from the prior-year period despite a small quarterly EPS miss. Why Brinker is a strong growth stock
• Positive Sentiment: Brinker was included among restaurant stocks positioned to benefit from strong July industry sales and continued consumer spending. Its Chili’s and Maggiano’s brands could benefit if restaurant demand remains resilient. Restaurant sales stock picks
• Neutral Sentiment: Zacks also identified Brinker as having solid interest-coverage metrics, suggesting it has comparatively strong ability to service debt amid market volatility. However, the company’s current ratio and quick ratio remain below 1, indicating limited short-term liquidity. Interest coverage stock picks
• Negative Sentiment: Senior Vice President James Butler sold 10,000 shares for approximately $2.4 million, reducing his direct holdings by 52.45%. Although one insider transaction does not establish a broader trend, the sizable sale may concern investors, particularly after EAT’s sharp rally and elevated valuation. Brinker insider stock sale
• Negative Sentiment: At roughly 23 times earnings and near its 52-week high, expectations for continued growth appear demanding. The broader analyst consensus price target of $242.19 is below recent trading levels, creating a potential valuation overhang despite the new $325 bullish target.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on EAT shares. TD Cowen boosted their target price on Brinker International from $210.00 to $270.00 and gave the stock a "buy" rating in a research report on Wednesday, August 12th. Mizuho raised their price target on Brinker International from $175.00 to $275.00 and gave the company an "outperform" rating in a report on Thursday, August 13th. Barclays lifted their price objective on Brinker International from $170.00 to $175.00 and gave the stock an "equal weight" rating in a research report on Thursday, April 30th. BMO Capital Markets boosted their price objective on Brinker International from $175.00 to $230.00 and gave the stock a "market perform" rating in a report on Thursday, August 13th. Finally, Wells Fargo & Company upped their target price on shares of Brinker International from $220.00 to $280.00 and gave the company an "overweight" rating in a research report on Thursday, August 13th. Seventeen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $242.19.

Brinker International Trading Down 2.1%

EAT opened at $248.60 on Wednesday. The firm's fifty day moving average is $199.35 and its two-hundred day moving average is $164.77. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.40 and a current ratio of 0.45. The firm has a market cap of $10.38 billion, a PE ratio of 22.83, a price-to-earnings-growth ratio of 1.31 and a beta of 1.24. Brinker International, Inc. has a twelve month low of $100.30 and a twelve month high of $254.99.

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

Insider Activity at Brinker International

In other news, EVP Aaron M. White sold 16,220 shares of the company's stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $236.22, for a total value of $3,831,488.40. Following the completion of the transaction, the executive vice president owned 42,756 shares in the company, valued at $10,099,822.32. This represents a 27.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP George S. Felix sold 14,349 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $237.47, for a total transaction of $3,407,457.03. Following the sale, the executive vice president directly owned 6,293 shares of the company's stock, valued at $1,494,398.71. This represents a 69.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 143,105 shares of company stock valued at $34,474,429 over the last 90 days. Insiders own 1.43% of the company's stock.

Brinker International Company 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.

Want to see what other hedge funds are holding EAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Brinker International, Inc. (NYSE:EAT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source