Man Group plc Takes Position in Brinker International, Inc. $EAT

Man Group plc acquired a new position in shares of Brinker International, Inc. (NYSE:EAT - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 47,598 shares of the restaurant operator's stock, valued at approximately $7,996,000. Man Group plc owned about 0.11% of Brinker International at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Invst LLC acquired a new stake in Brinker International in the second quarter valued at $727,000. Jupiter Topco LLC purchased a new position in shares of Brinker International in the 2nd quarter valued at about $14,441,000. Hsbc Holdings PLC acquired a new stake in shares of Brinker International during the 2nd quarter worth about $623,000. Primecap Management Co. CA acquired a new stake in shares of Brinker International during the 2nd quarter worth about $4,738,000. Finally, Canada Pension Plan Investment Board purchased a new stake in Brinker International during the second quarter worth approximately $7,829,000.

Insiders Place Their Bets

In other Brinker International news, EVP George S. Felix sold 14,349 shares of the business's stock in a transaction on Friday, August 14th. The shares were sold at an average price of $237.47, for a total value of $3,407,457.03. Following the transaction, the executive vice president directly owned 6,293 shares of the company's stock, valued at approximately $1,494,398.71. The trade was a 69.51% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Kevin Hochman sold 40,000 shares of the business's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $243.15, for a total transaction of $9,726,000.00. Following the transaction, the chief executive officer owned 144,090 shares in the company, valued at approximately $35,035,483.50. This trade represents a 21.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 145,014 shares of company stock valued at $34,958,437. 1.43% of the stock is owned by insiders.

Brinker International Stock Performance

Shares of Brinker International stock opened at $230.51 on Friday. The firm's fifty day simple moving average is $203.67 and its 200-day simple moving average is $166.24. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $254.99. The stock has a market capitalization of $9.63 billion, a price-to-earnings ratio of 21.17, a PEG ratio of 1.20 and a beta of 1.24. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.45 and a quick ratio of 0.40.

Brinker International (NYSE:EAT - Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share for the quarter, missing analysts' consensus estimates of $3.09 by ($0.02). Brinker International had a return on equity of 122.35% and a net margin of 8.39%.The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same quarter in the prior year, the company earned $2.30 EPS. The firm's revenue for the quarter was up 5.1% on a year-over-year basis. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. As a group, equities analysts forecast that Brinker International, Inc. will post 13.22 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have commented on EAT. Weiss Ratings upgraded shares of Brinker International from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, August 11th. TD Cowen raised their price objective on Brinker International from $210.00 to $270.00 and gave the stock a "buy" rating in a report on Wednesday, August 12th. Wells Fargo & Company lifted their target price on Brinker International from $220.00 to $280.00 and gave the stock an "overweight" rating in a research report on Thursday, August 13th. Robert W. Baird began coverage on Brinker International in a report on Monday, August 24th. They issued an "outperform" rating and a $325.00 target price for the company. Finally, UBS Group boosted their target price on Brinker International from $190.00 to $260.00 and gave the company a "buy" rating in a report on Monday, August 10th. Seventeen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $242.19.

Trending Headlines about Brinker International

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

• Positive Sentiment: Zacks Research raised most of its Brinker earnings outlook. Estimates increased for Q1 2027 EPS to $2.29 from $2.16, Q2 2027 to $3.24 from $3.03, Q3 2027 to $3.45 from $3.32, and Q4 2027 to $4.05 from $3.77. The FY2027 forecast rose to $13.03 from $12.29, suggesting stronger expected operating momentum.
• Positive Sentiment: Zacks also lifted its FY2028 EPS estimate to $13.66 from $13.33, raised Q1 2028 to $2.49 from $2.45 and Q3 2028 to $3.54 from $3.37. Its new FY2029 forecast is $14.90 per share, above the current-year consensus of approximately $13.24.
• Neutral Sentiment: The revisions were not uniformly positive: Zacks trimmed its Q2 2028 EPS estimate to $3.30 from $3.34. The mixed adjustment limits the significance of the broader forecast increases.
• Negative Sentiment: Senior Vice President and Chief Legal Officer Daniel Fuller sold 1,909 EAT shares for approximately $484,000 at an average price of $253.54, reducing his holdings by 5.95%. The transaction occurred near the stock’s 52-week high and may reinforce concerns about insider confidence. Daniel Fuller SEC insider-sale filing
• Negative Sentiment: Brinker’s latest quarterly results provide a counterweight to the bullish estimates: EPS of $3.07 narrowly missed the $3.09 consensus, although revenue reached $1.54 billion, rose 5.1% year over year and exceeded expectations. With shares trading at an elevated valuation after a substantial rally, investors may be taking profits despite the company’s solid sales growth and FY2027 EPS guidance of $12.60–$13.40.

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.

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.

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