GAMMA Investing LLC Purchases 338 Shares of Brinker International, Inc. $EAT

GAMMA Investing LLC lifted its position in Brinker International, Inc. (NYSE:EAT) by 43.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,121 shares of the restaurant operator’s stock after buying an additional 338 shares during the period. GAMMA Investing LLC’s holdings in Brinker International were worth $202,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC grew its holdings in Brinker International by 266.7% in the second quarter. Farther Finance Advisors LLC now owns 693 shares of the restaurant operator’s stock worth $125,000 after purchasing an additional 504 shares during the last quarter. Diversified Trust Co purchased a new position in Brinker International during the 2nd quarter worth $1,666,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in Brinker International during the 2nd quarter worth $3,327,000. Radnor Capital Management LLC increased its position in Brinker International by 7.5% during the 2nd quarter. Radnor Capital Management LLC now owns 2,850 shares of the restaurant operator’s stock valued at $514,000 after buying an additional 200 shares in the last quarter. Finally, Sunpointe LLC purchased a new stake in Brinker International in the second quarter valued at about $409,000.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Wall Street Zen lowered shares of Brinker International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 16th. Evercore ISI upgraded shares of Brinker International from an “in-line” rating to an “outperform” rating and upped their price target for the company from $190.00 to $210.00 in a research note on Thursday, September 4th. JPMorgan Chase & Co. lifted their price objective on shares of Brinker International from $160.00 to $180.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 25th. UBS Group boosted their price objective on shares of Brinker International from $155.00 to $165.00 and gave the company a “neutral” rating in a report on Thursday, August 14th. Finally, Bank of America raised their target price on Brinker International from $186.00 to $190.00 and gave the stock a “neutral” rating in a research note on Thursday, August 14th. Six equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $173.18.

Brinker International Stock Performance

NYSE EAT opened at $132.03 on Monday. The firm has a market capitalization of $5.88 billion, a P/E ratio of 15.89, a PEG ratio of 0.84 and a beta of 1.43. The stock has a 50-day simple moving average of $153.35 and a two-hundred day simple moving average of $156.10. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.25 and a current ratio of 0.31. Brinker International, Inc. has a fifty-two week low of $74.73 and a fifty-two week high of $192.21.

Brinker International (NYSE:EAT) last posted its earnings results on Wednesday, August 13th. The restaurant operator reported $2.49 EPS for the quarter, topping the consensus estimate of $2.47 by $0.02. Brinker International had a return on equity of 211.86% and a net margin of 7.12%.The firm had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same period last year, the company earned $1.61 earnings per share. Brinker International’s revenue for the quarter was up 21.0% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. On average, equities analysts forecast that Brinker International, Inc. will post 8.3 earnings per share for the current year.

Insider Activity at Brinker International

In other news, Director Harriet Edelman sold 8,325 shares of the stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $157.00, for a total transaction of $1,307,025.00. Following the sale, the director directly owned 28,905 shares of the company’s stock, valued at $4,538,085. This represents a 22.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Douglas N. Comings sold 16,000 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $156.48, for a total value of $2,503,680.00. Following the sale, the chief operating officer owned 12,951 shares in the company, valued at $2,026,572.48. This trade represents a 55.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 68,325 shares of company stock worth $10,754,785 in the last three months. Company insiders own 1.72% of the company’s stock.

Brinker International Company Profile

Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.