Brinker International (NYSE:EAT) SVP Daniel Fuller Sells 1,909 Shares

Key Points

• Brinker International SVP Daniel Fuller sold 1,909 shares at an average price of $253.54, generating approximately $484,008. He retained 30,177 shares after the transaction, reducing his position by 5.95%.
• Shares fell 3.3% to $240.52, despite the stock trading near its 52-week high. Brinker reported quarterly revenue of $1.54 billion, up 5.1% year over year, while EPS of $3.07 narrowly missed analyst expectations.
• Analyst sentiment remains positive, with 17 Buy ratings and seven Holds, producing a “Moderate Buy” consensus and an average price target of $242.19.

Brinker International, Inc. (NYSE:EAT - Get Free Report) SVP Daniel Fuller sold 1,909 shares of Brinker International stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $253.54, for a total transaction of $484,007.86. Following the completion of the sale, the senior vice president directly owned 30,177 shares of the company's stock, valued at approximately $7,651,076.58. The trade was a 5.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Brinker International Stock Down 3.3%

EAT traded down $8.18 during trading on Wednesday, hitting $240.52. 619,679 shares of the company's stock were exchanged, compared to its average volume of 1,153,645. Brinker International, Inc. has a fifty-two week low of $100.30 and a fifty-two week high of $254.99. The stock has a market cap of $10.04 billion, a P/E ratio of 22.09, a PEG ratio of 1.31 and a beta of 1.24. The business's 50 day moving average is $199.35 and its two-hundred day moving average is $164.77. The company has a quick ratio of 0.40, a current ratio of 0.45 and a debt-to-equity ratio of 0.95.

Brinker International (NYSE:EAT - Get Free Report) last posted its earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 EPS for the quarter, missing the consensus estimate 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 the consensus estimate of $1.53 billion. During the same period in the previous year, the firm earned $2.30 earnings per share. The company's 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. As a group, equities analysts expect that Brinker International, Inc. will post 13.24 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

EAT has been the subject of several recent research reports. Piper Sandler upped their price target on Brinker International from $166.00 to $240.00 and gave the stock a "neutral" rating in a report on Monday, August 17th. Morgan Stanley increased their target price on shares of Brinker International from $207.00 to $250.00 and gave the company an "overweight" rating in a report on Thursday, August 13th. UBS Group raised their price target on shares of Brinker International from $190.00 to $260.00 and gave the company a "buy" rating in a research report on Monday, August 10th. BMO Capital Markets boosted their price target on shares of Brinker International from $175.00 to $230.00 and gave the stock a "market perform" rating in a report on Thursday, August 13th. Finally, Weiss Ratings raised shares of Brinker International from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday, August 11th. Seventeen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $242.19.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Allworth Financial LP lifted its holdings in Brinker International by 58.5% in the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator's stock worth $28,000 after buying an additional 83 shares during the period. Rezny Wealth Management Inc. boosted its position in shares of Brinker International by 0.8% during the fourth quarter. Rezny Wealth Management Inc. now owns 11,738 shares of the restaurant operator's stock valued at $1,685,000 after purchasing an additional 92 shares in the last quarter. New Age Alpha Advisors LLC grew its holdings in Brinker International by 4.8% in the fourth quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator's stock worth $294,000 after purchasing an additional 94 shares during the period. Smith Group Asset Management LLC grew its stake in shares of Brinker International by 0.5% in the 2nd quarter. Smith Group Asset Management LLC now owns 20,669 shares of the restaurant operator's stock worth $3,472,000 after buying an additional 104 shares during the last quarter. Finally, Aviva PLC increased its holdings in Brinker International by 2.8% in the 4th quarter. Aviva PLC now owns 4,123 shares of the restaurant operator's stock worth $592,000 after buying an additional 112 shares in the last quarter.

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.

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