Brinker International, Inc. $EAT Shares Bought by ANTIPODES PARTNERS Ltd

ANTIPODES PARTNERS Ltd grew its holdings in Brinker International, Inc. (NYSE:EAT) by 28.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 396,761 shares of the restaurant operator’s stock after acquiring an additional 87,768 shares during the period. ANTIPODES PARTNERS Ltd owned about 0.89% of Brinker International worth $50,265,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Allworth Financial LP raised its position in 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 purchasing an additional 73 shares during the period. GPS Wealth Strategies Group LLC grew its stake in shares of Brinker International by 52.1% in the second quarter. GPS Wealth Strategies Group LLC now owns 219 shares of the restaurant operator’s stock valued at $39,000 after buying an additional 75 shares in the last quarter. Journey Strategic Wealth LLC grew its stake in shares of Brinker International by 8.7% in the second quarter. Journey Strategic Wealth LLC now owns 1,556 shares of the restaurant operator’s stock valued at $281,000 after buying an additional 125 shares in the last quarter. Profund Advisors LLC raised its holdings in shares of Brinker International by 6.3% during the 2nd quarter. Profund Advisors LLC now owns 2,210 shares of the restaurant operator’s stock valued at $399,000 after buying an additional 131 shares during the period. Finally, Savant Capital LLC lifted its position in Brinker International by 3.7% during the 2nd quarter. Savant Capital LLC now owns 3,947 shares of the restaurant operator’s stock worth $712,000 after acquiring an additional 141 shares in the last quarter.

Brinker International Stock Performance

Shares of EAT opened at $146.61 on Friday. 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 business’s fifty day moving average price is $156.65 and its 200 day moving average price is $144.31. The stock has a market capitalization of $6.38 billion, a PE ratio of 14.82, a price-to-earnings-growth ratio of 1.07 and a beta of 1.35.

Brinker International (NYSE:EAT) last posted its quarterly earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.53 by $0.34. Brinker International had a net margin of 7.98% and a return on equity of 134.92%. The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same period last year, the firm posted $2.80 EPS. The company’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. Equities research analysts forecast that Brinker International, Inc. will post 8.3 EPS for the current year.

Analyst Upgrades and Downgrades

EAT has been the subject of several recent research reports. Piper Sandler increased their price objective 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. Wall Street Zen lowered shares of Brinker International from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Stifel Nicolaus cut their price objective on shares of Brinker International from $215.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, October 24th. JPMorgan Chase & Co. raised their target price on Brinker International from $177.00 to $187.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Finally, The Goldman Sachs Group lifted their target price on Brinker International from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $188.56.

Insider Buying and Selling

In other news, CMO George S. Felix sold 10,431 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $161.00, for a total transaction of $1,679,391.00. Following the completion of the transaction, the chief marketing officer directly owned 8,064 shares of the company’s stock, valued at approximately $1,298,304. This represents a 56.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Harriet Edelman sold 8,400 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $159.00, for a total value of $1,335,600.00. Following the transaction, the director owned 21,004 shares of the company’s stock, valued at $3,339,636. This represents a 28.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 97,678 shares of company stock valued at $15,700,372 over the last 90 days. 1.43% of the stock is owned by corporate insiders.

About Brinker International

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.