Freestone Grove Partners LP Acquires Shares of 543,077 Brinker International, Inc. $EAT

Freestone Grove Partners LP bought a new stake in Brinker International, Inc. (NYSE:EAT) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 543,077 shares of the restaurant operator’s stock, valued at approximately $91,237,000.

Several other institutional investors have also modified their holdings of EAT. Allworth Financial LP raised its position in shares of Brinker International by 58.5% during the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 83 shares during the last quarter. Rezny Wealth Management Inc. increased its stake in Brinker International by 0.8% during the 4th quarter. Rezny Wealth Management Inc. now owns 11,738 shares of the restaurant operator’s stock worth $1,685,000 after buying an additional 92 shares in the last quarter. New Age Alpha Advisors LLC increased its stake in Brinker International by 4.8% during the 4th quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator’s stock worth $294,000 after buying an additional 94 shares in the last quarter. Smith Group Asset Management LLC raised its holdings in shares of Brinker International by 0.5% during the second quarter. Smith Group Asset Management LLC now owns 20,669 shares of the restaurant operator’s stock valued at $3,472,000 after acquiring an additional 104 shares during the last quarter. Finally, Aviva PLC raised its holdings in shares of Brinker International by 2.8% during the fourth quarter. Aviva PLC now owns 4,123 shares of the restaurant operator’s stock valued at $592,000 after acquiring an additional 112 shares during the last quarter.

Insider Buying and Selling

In other news, SVP Daniel S. Fuller sold 9,960 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $243.43, for a total transaction of $2,424,562.80. Following the completion of the sale, the senior vice president owned 32,086 shares in the company, valued at $7,810,694.98. This trade represents a 23.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Aaron M. White sold 16,220 shares of Brinker International stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $236.22, for a total transaction of $3,831,488.40. Following the sale, the executive vice president directly owned 42,756 shares in the company, valued at approximately $10,099,822.32. The trade was a 27.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 145,014 shares of company stock worth $34,958,437 over the last ninety days. 1.43% of the stock is currently owned by insiders.

Brinker International Stock Down 3.3%

NYSE EAT opened at $240.52 on Thursday. Brinker International, Inc. has a 52 week low of $100.30 and a 52 week high of $254.99. The company has a quick ratio of 0.40, a current ratio of 0.45 and a debt-to-equity ratio of 0.95. The business’s fifty day simple moving average is $200.98 and its 200-day simple moving average is $165.34. The firm has a market cap of $10.05 billion, a PE ratio of 22.09, a P/E/G ratio of 1.28 and a beta of 1.24.

Brinker International (NYSE:EAT) last announced its quarterly earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share 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 for the quarter, compared to analyst estimates of $1.53 billion. During the same period in the previous year, the firm posted $2.30 EPS. The company’s 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. As a group, equities analysts anticipate that Brinker International, Inc. will post 13.24 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on EAT. BMO Capital Markets lifted their price target on Brinker International from $175.00 to $230.00 and gave the stock a “market perform” rating in a research note on Thursday, August 13th. UBS Group lifted their target price on shares of Brinker International from $190.00 to $260.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. Mizuho upped their target price on shares of Brinker International from $175.00 to $275.00 and gave the stock an “outperform” rating in a report on Thursday, August 13th. Wells Fargo & Company increased 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. Finally, Bank of America raised their price target on shares of Brinker International from $224.00 to $310.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Seventeen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $242.19.

More Brinker International News

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

• Positive Sentiment: Brinker’s latest results showed solid operating momentum: quarterly revenue rose 5.1% year over year to approximately $1.54 billion, while comparable restaurant sales increased 5.0% and Chili’s comparable sales climbed 5.6%. Management also issued fiscal 2027 EPS guidance of $12.60–$13.40 and expanded its share-repurchase authorization to $750 million.
• Positive Sentiment: Robert W. Baird initiated coverage with an “outperform” rating and a $325 price target, offering a bullish view that the company’s growth outlook can support additional upside. Robert W. Baird Initiates Coverage on Brinker International
• Neutral Sentiment: Chili’s launched a promotional “Chili’s Golf Club” activation at DeBell Golf Club in California. The campaign could support brand engagement, but its near-term financial impact is unclear. Chili’s Golf Club announcement
• Negative Sentiment: A recent analyst downgrade to a neutral stance suggested that much of Brinker’s strong earnings news may already be reflected in the stock following its sharp rally. Valuation concerns are more prominent with shares near their 52-week high, while several older analyst targets remain below the current trading level.
• Negative Sentiment: Insider selling is adding short-term pressure. Senior Vice President Daniel S. Fuller sold 1,909 shares for approximately $484,000 on August 25, following other disclosed sales, including SVP James Butler’s 10,000-share sale valued at roughly $2.4 million. Across the past six months, reported insider activity included 15 sales and no purchases. Daniel Fuller insider sale

Brinker International 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.