Brinker International (NYSE:EAT) CEO Kevin Hochman Sells 66,000 Shares

Brinker International, Inc. (NYSE:EAT) CEO Kevin Hochman sold 66,000 shares of the company’s stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $160.31, for a total value of $10,580,460.00. Following the completion of the transaction, the chief executive officer owned 129,824 shares in the company, valued at approximately $20,812,085.44. The trade was a 33.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Brinker International Stock Performance

Shares of EAT opened at $162.01 on Tuesday. The firm has a market cap of $7.06 billion, a PE ratio of 16.38, a PEG ratio of 1.12 and a beta of 1.35. The stock’s fifty day moving average price is $152.22 and its two-hundred day moving average price is $143.87. 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 1 year low of $100.30 and a 1 year high of $192.21.

Brinker International (NYSE:EAT) last announced its quarterly earnings data on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share for the quarter, topping the consensus estimate of $2.53 by $0.34. Brinker International had a return on equity of 134.92% and a net margin of 7.98%.The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter last year, the firm posted $2.80 EPS. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. On average, equities research analysts forecast that Brinker International, Inc. will post 8.3 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Wells Fargo & Company increased their target price on Brinker International from $175.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, January 22nd. Jefferies Financial Group lifted their target price on Brinker International from $155.00 to $175.00 and gave the company a “hold” rating in a report on Thursday, January 29th. TD Cowen started coverage on shares of Brinker International in a report on Tuesday, January 20th. They issued a “buy” rating and a $192.00 price target on the stock. Wall Street Zen lowered shares of Brinker International from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Barclays upped their target price 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. Twelve analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $188.56.

Trending Headlines about Brinker International

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

• Positive Sentiment: Several broker reports raised EAT price targets this weekend (new targets reported: $166, $170, $187, $200 and $205), signaling stronger analyst conviction in Brinker’s outlook and supporting upside sentiment. Price Target $166 Price Target $170 Price Target $187 Price Target $200 Price Target $205
• Positive Sentiment: Analyst commentary highlighted Brinker’s strong interest-coverage/profile stability—EAT was named among stocks with solid coverage ratios, which can attract risk-averse investors in tighter markets. Zacks Coverage Ratios Article
• Neutral Sentiment: Recent fundamentals context: Brinker recently reported an earnings beat and raised FY guidance, which underpins analyst upgrades and market interest (background earnings release). This helps explain the positive analyst activity even as other news flows. (See the company’s most recent earnings release for details.)
• Negative Sentiment: CEO Kevin Hochman sold 66,000 shares at an average price of $160.31 (disclosed Jan. 29), cutting his stake by ~33.7%. Large insider sales can raise investor concern about insider conviction or signal liquidity events. CEO Sale SEC Filing
• Negative Sentiment: Director Harriet Edelman sold 8,400 shares at an average $159.00 (disclosed Jan. 29), trimming her holding by ~28.6%; another insider sale that may temper sentiment. Director Sale SEC Filing

Hedge Funds Weigh In On Brinker International

Several institutional investors and hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC increased its holdings in shares of Brinker International by 1,118.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock worth $173,000 after buying an additional 1,063 shares during the last quarter. Public Employees Retirement System of Ohio grew its position in Brinker International by 253.6% in the second quarter. Public Employees Retirement System of Ohio now owns 1,312 shares of the restaurant operator’s stock worth $237,000 after acquiring an additional 941 shares during the period. Janney Montgomery Scott LLC increased its stake in Brinker International by 8.4% during the second quarter. Janney Montgomery Scott LLC now owns 25,817 shares of the restaurant operator’s stock worth $4,656,000 after acquiring an additional 2,011 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Brinker International in the second quarter valued at $178,000. Finally, Ameritas Advisory Services LLC acquired a new position in shares of Brinker International in the 2nd quarter valued at $49,000.

Brinker International Company 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.