Brinker International, Inc. $EAT Shares Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al increased its position in Brinker International, Inc. (NYSE:EAT) by 12.8% during the third quarter, Holdings Channel.com reports. The firm owned 21,166 shares of the restaurant operator’s stock after buying an additional 2,400 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Brinker International were worth $4,096,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Hanseatic Management Services Inc. bought a new stake in Brinker International during the 3rd quarter valued at $1,072,000. Signaturefd LLC raised its holdings in Brinker International by 14.8% during the third quarter. Signaturefd LLC now owns 1,287 shares of the restaurant operator’s stock worth $249,000 after buying an additional 166 shares during the last quarter. One Wealth Capital Management LLC bought a new position in shares of Brinker International in the third quarter valued at $464,000. Gibbs Wealth Management lifted its stake in shares of Brinker International by 6.2% in the third quarter. Gibbs Wealth Management now owns 7,802 shares of the restaurant operator’s stock valued at $1,510,000 after buying an additional 453 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC grew its holdings in shares of Brinker International by 3.7% during the third quarter. Fifth Third Wealth Advisors LLC now owns 1,532 shares of the restaurant operator’s stock valued at $296,000 after buying an additional 54 shares during the last quarter.

Brinker International Price Performance

Shares of NYSE:EAT opened at $212.27 on Monday. The company has a current ratio of 0.34, a quick ratio of 0.29 and a debt-to-equity ratio of 1.13. The stock has a market cap of $8.82 billion, a PE ratio of 18.69, a price-to-earnings-growth ratio of 1.07 and a beta of 1.25. The stock’s fifty day simple moving average is $209.45 and its two-hundred day simple moving average is $174.58. Brinker International, Inc. has a 1-year low of $100.30 and a 1-year high of $254.99.

Brinker International (NYSE:EAT) last posted its earnings results on Wednesday, October 28th. The restaurant operator reported $2.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.45 by $0.32. The firm had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.46 billion. Brinker International had a net margin of 8.44% and a return on equity of 125.65%. The business’s revenue was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.17 EPS. As a group, analysts forecast that Brinker International, Inc. will post 13.67 EPS for the current fiscal year.

Analyst Ratings Changes

EAT has been the subject of several recent research reports. Zacks Research raised shares of Brinker International from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. BMO Capital Markets raised their price target on shares of Brinker International from $175.00 to $230.00 and gave the company a “market perform” rating in a research report on Thursday, August 13th. Weiss Ratings downgraded Brinker International from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday. Mizuho lifted their price target on Brinker International from $175.00 to $275.00 and gave the company an “outperform” rating in a research note on Thursday, August 13th. Finally, Seaport Research Partners assumed coverage on Brinker International in a report on Wednesday, September 16th. They set a “buy” rating and a $230.00 price objective for the company. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $249.80.

Trending Headlines about Brinker International

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

• Positive Sentiment: Brinker issued fiscal 2027 EPS guidance of $13.30–$13.90, above the $13.26 analyst consensus. The company’s strong first-quarter results, including accelerating Chili’s traffic, also supported investor optimism. Brinker International advances on strong Q1 results and raised outlook
• Positive Sentiment: Analysts broadly raised their views following the results. Wells Fargo lifted its target to $285, Baird to $280, Citigroup to $277, TD Cowen to $270, Morgan Stanley to $262 and KeyCorp to $258; the firms maintained bullish ratings such as “buy,” “overweight” or “outperform.” Wells Fargo analyst recommendations
• Positive Sentiment: Zacks highlighted Brinker as a strong growth stock, reinforcing the investment case based on its growth-oriented metrics. Why Brinker International is a strong growth stock
• Neutral Sentiment: Fiscal 2027 revenue guidance of $6.2 billion–$6.3 billion is broadly in line with expectations, although its midpoint is slightly below the $6.3 billion consensus estimate.
• Negative Sentiment: CEO Kevin Hochman sold 40,000 EAT shares for approximately $8.8 million, reducing his ownership by 27.66%. While the transaction does not necessarily indicate a change in business fundamentals, the sizable insider sale can weigh on sentiment. SEC insider ownership filing

Insider Buying and Selling at Brinker International

In other Brinker International news, SVP James M. Butler sold 10,000 shares of the stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $240.37, for a total value of $2,403,700.00. Following the completion of the sale, the senior vice president owned 9,064 shares in the company, valued at approximately $2,178,713.68. This trade represents a 52.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Kevin Hochman sold 40,000 shares of Brinker International stock in a transaction that occurred on 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 directly owned 144,090 shares in the company, valued at approximately $35,035,483.50. This represents a 21.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 213,694 shares of company stock valued at $50,383,890 in the last quarter. 1.18% of the stock is owned by company insiders.

About Brinker International

Brinker International, Inc is a casual-dining restaurant company that owns, operates and franchises restaurants in the United States and select international markets. The company is headquartered in Dallas, Texas, and serves customers through company-operated and franchised locations.

Brinker’s principal brands are Chili’s Grill & Bar and Maggiano’s Little Italy. Chili’s offers a broad menu of burgers, steaks, ribs, fajitas, Tex-Mex dishes, salads and beverages in a full-service, casual setting.