Aberdeen Group plc Sells 10,083 Shares of Brinker International, Inc. $EAT

Aberdeen Group plc trimmed its position in Brinker International, Inc. (NYSE:EAT) by 7.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 125,673 shares of the restaurant operator’s stock after selling 10,083 shares during the quarter. Aberdeen Group plc owned 0.28% of Brinker International worth $16,711,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Brinker International during the 2nd quarter valued at about $98,731,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Brinker International by 86.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,091,692 shares of the restaurant operator’s stock valued at $196,865,000 after purchasing an additional 506,087 shares during the period. Mane Global Capital Management LP bought a new stake in shares of Brinker International in the 2nd quarter valued at approximately $68,695,000. Balyasny Asset Management L.P. raised its holdings in shares of Brinker International by 107.1% in the 2nd quarter. Balyasny Asset Management L.P. now owns 639,362 shares of the restaurant operator’s stock worth $115,296,000 after buying an additional 330,611 shares in the last quarter. Finally, ANTIPODES PARTNERS Ltd bought a new position in shares of Brinker International during the 2nd quarter worth approximately $55,725,000.

Analyst Upgrades and Downgrades

EAT has been the topic of a number of analyst reports. UBS Group upped their price target on Brinker International from $175.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Wells Fargo & Company increased their target price on shares of Brinker International from $175.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, January 22nd. Morgan Stanley lifted their price target on shares of Brinker International from $200.00 to $205.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Raymond James Financial raised shares of Brinker International from a “market perform” rating to an “outperform” rating and set a $195.00 price objective for the company in a report on Wednesday, January 21st. Finally, Barclays boosted their target price on Brinker International from $166.00 to $170.00 and gave the stock an “equal weight” rating in a 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 given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $188.56.

Brinker International Price Performance

EAT opened at $158.39 on Thursday. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.36 and a quick ratio of 0.31. The stock has a market capitalization of $6.90 billion, a P/E ratio of 16.02, a price-to-earnings-growth ratio of 1.16 and a beta of 1.35. The company’s 50 day simple moving average is $156.44 and its 200-day simple moving average is $144.36. Brinker International, Inc. has a one year low of $100.30 and a one year high of $187.12.

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

Insider Activity at Brinker International

In other Brinker International news, CEO Kevin Hochman sold 66,000 shares of Brinker International stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $160.31, for a total transaction of $10,580,460.00. Following the completion of the sale, the chief executive officer owned 129,824 shares of the company’s stock, 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 Securities & Exchange Commission, which is accessible through the SEC website. Also, CMO George S. Felix sold 10,431 shares of the stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $161.00, for a total value of $1,679,391.00. Following the completion of the transaction, the chief marketing officer directly owned 8,064 shares in the company, valued at approximately $1,298,304. This trade represents a 56.40% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 97,678 shares of company stock worth $15,700,372. Insiders own 1.43% of the company’s stock.

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.