Douglas Comings Sells 5,000 Shares of Brinker International (NYSE:EAT) Stock

Brinker International, Inc. (NYSE:EATGet Free Report) COO Douglas Comings sold 5,000 shares of Brinker International stock in a transaction on Friday, August 14th. The shares were sold at an average price of $236.29, for a total value of $1,181,450.00. Following the completion of the transaction, the chief operating officer owned 17,527 shares of the company’s stock, valued at approximately $4,141,454.83. The trade was a 22.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Brinker International Price Performance

Brinker International stock opened at $235.22 on Wednesday. The business’s fifty day moving average is $190.57 and its two-hundred day moving average is $161.90. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.35 and a current ratio of 0.45. The firm has a market cap of $10.09 billion, a P/E ratio of 21.60, a P/E/G ratio of 1.32 and a beta of 1.23. Brinker International, Inc. has a 52 week low of $100.30 and a 52 week high of $253.71.

Brinker International (NYSE:EATGet Free Report) last announced its 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 net margin of 8.39% and a return on equity of 122.35%. The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.53 billion. During the same quarter last year, the business posted $2.30 earnings per share. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Equities research analysts forecast that Brinker International, Inc. will post 13.24 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Weiss Ratings raised shares of Brinker International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Piper Sandler increased their price target on shares of Brinker International from $166.00 to $240.00 and gave the company a “neutral” rating in a research note on Monday. TD Cowen raised their price target on shares of Brinker International from $210.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Bank of America boosted their price objective on shares of Brinker International from $224.00 to $310.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Finally, Citigroup upped their price objective on Brinker International from $227.00 to $282.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Sixteen equities 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 a consensus price target of $238.05.

Read Our Latest Report on EAT

Institutional Trading of Brinker International

Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE increased its stake in Brinker International by 37.7% during the 1st quarter. Bank of America Corp DE now owns 242,648 shares of the restaurant operator’s stock worth $34,643,000 after purchasing an additional 66,383 shares in the last quarter. Swedbank AB acquired a new stake in Brinker International during the 1st quarter worth approximately $3,855,000. Cynosure Group LLC bought a new position in Brinker International in the second quarter valued at approximately $766,000. Hsbc Holdings PLC lifted its stake in Brinker International by 155.9% in the fourth quarter. Hsbc Holdings PLC now owns 33,416 shares of the restaurant operator’s stock valued at $4,803,000 after buying an additional 20,356 shares in the last quarter. Finally, Integrated Advisors Network LLC boosted its holdings in shares of Brinker International by 357.3% in the first quarter. Integrated Advisors Network LLC now owns 7,550 shares of the restaurant operator’s stock valued at $1,078,000 after buying an additional 5,899 shares during the period.

Brinker International News Summary

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

  • Positive Sentiment: Zacks highlighted rising earnings estimates for Brinker International, suggesting improving analyst expectations could support the shares. The company recently reported revenue growth of 5.1% year over year and expects fiscal 2027 EPS of $12.60 to $13.40. Earnings Estimates Moving Higher for Brinker International
  • Positive Sentiment: Brinker’s strong price momentum and growth profile remain supportive factors. Zacks noted that EAT had gained 5.31% over the prior week and may appeal to momentum and growth investors. Brinker International Growth Stock Analysis
  • Neutral Sentiment: Piper Sandler raised its price target from $166 to $240 but kept a Neutral rating, indicating improved expectations while signaling limited upside at recent levels. Northcoast Research also moved its rating to Neutral. Piper Sandler Raises Brinker Price Target
  • Negative Sentiment: Several senior executives reduced their holdings. CEO Kevin Hochman sold 40,000 shares for approximately $9.7 million, while SVP Daniel Fuller, EVPs George Felix and Aaron White, COO Douglas Comings, and Director Cindy Davis also reported sales. The breadth of the transactions may weigh on sentiment, although some sales were conducted under a Rule 10b5-1 plan or to cover taxes related to vested shares. Brinker Insider Sales After Record Stock Surge

About Brinker International

(Get Free Report)

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.

Featured Stories

Insider Buying and Selling by Quarter for Brinker International (NYSE:EAT)

Receive News & Ratings for Brinker International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brinker International and related companies with MarketBeat.com's FREE daily email newsletter.