Vanguard Group Inc. Cuts Position in Brinker International, Inc. $EAT

Vanguard Group Inc. trimmed its holdings in shares of Brinker International, Inc. (NYSE:EAT) by 4.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,746,051 shares of the restaurant operator’s stock after selling 220,753 shares during the quarter. Vanguard Group Inc. owned approximately 10.68% of Brinker International worth $601,230,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in EAT. Allworth Financial LP raised its position in shares of Brinker International by 105.8% in the second quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock valued at $26,000 after buying an additional 73 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in Brinker International in the 2nd quarter worth approximately $34,000. Salomon & Ludwin LLC acquired a new position in shares of Brinker International during the 3rd quarter worth approximately $26,000. GPS Wealth Strategies Group LLC boosted its holdings in shares of Brinker International by 52.1% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 219 shares of the restaurant operator’s stock worth $39,000 after purchasing an additional 75 shares during the last quarter. Finally, Employees Retirement System of Texas purchased a new stake in shares of Brinker International in the second quarter valued at approximately $50,000.

Brinker International Trading Up 0.3%

EAT opened at $141.23 on Wednesday. The business has a fifty day moving average price of $156.48 and a 200 day moving average price of $143.89. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.36 and a quick ratio of 0.31. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $187.12. The stock has a market capitalization of $6.15 billion, a price-to-earnings ratio of 14.28, a PEG ratio of 1.00 and a beta of 1.35.

Brinker International (NYSE:EAT) last released its earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share for the quarter, topping analysts’ consensus estimates of $2.53 by $0.34. The firm had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.41 billion. Brinker International had a net margin of 7.98% and a return on equity of 134.92%. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.80 earnings per share. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. Sell-side analysts expect that Brinker International, Inc. will post 8.3 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Aaron M. White sold 7,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $165.00, for a total value of $1,155,000.00. Following the completion of the transaction, the executive vice president directly owned 42,756 shares of the company’s stock, valued at $7,054,740. This represents a 14.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director James C. Katzman sold 447 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $164.19, for a total transaction of $73,392.93. Following the completion of the transaction, the director owned 28,994 shares in the company, valued at $4,760,524.86. This represents a 1.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 97,678 shares of company stock worth $15,700,372. 1.43% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on EAT shares. Zacks Research raised shares of Brinker International from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 4th. Citigroup raised their price objective on shares of Brinker International from $187.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. BMO Capital Markets increased their price target on shares of Brinker International from $140.00 to $170.00 and gave the company a “market perform” rating in a research note on Tuesday, January 6th. Barclays raised their price target on shares of Brinker International from $166.00 to $170.00 and gave the stock an “equal weight” rating in a report on Thursday, January 29th. Finally, Piper Sandler lifted their price target on shares of Brinker International from $140.00 to $166.00 and gave the company a “neutral” rating in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Brinker International presently has an average rating of “Moderate Buy” and a consensus target price of $188.56.

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.