AGP Franklin LLC Acquires New Position in Brinker International, Inc. $EAT

AGP Franklin LLC bought a new position in shares of Brinker International, Inc. (NYSE:EAT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 3,497 shares of the restaurant operator’s stock, valued at approximately $502,000.

Several other institutional investors and hedge funds also recently bought and sold shares of EAT. Allworth Financial LP increased its holdings in shares of Brinker International by 58.5% during the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after buying an additional 83 shares during the last quarter. Salomon & Ludwin LLC grew its position in Brinker International by 45.1% in the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock worth $45,000 after acquiring an additional 93 shares during the period. Amalgamated Bank grew its position in Brinker International by 1.1% in the third quarter. Amalgamated Bank now owns 12,791 shares of the restaurant operator’s stock worth $1,620,000 after acquiring an additional 141 shares during the period. Aurora Investment Counsel increased its stake in Brinker International by 2.2% during the third quarter. Aurora Investment Counsel now owns 7,119 shares of the restaurant operator’s stock worth $902,000 after acquiring an additional 152 shares during the last quarter. Finally, First Horizon Corp raised its position in Brinker International by 116.0% in the fourth quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock valued at $48,000 after purchasing an additional 181 shares during the period.

Insiders Place Their Bets

In related news, EVP Michaela M. Ware sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $162.40, for a total value of $812,000.00. Following the sale, the executive vice president owned 19,923 shares of the company’s stock, valued at $3,235,495.20. This trade represents a 20.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Aaron M. White sold 7,000 shares of Brinker International stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $165.00, for a total transaction of $1,155,000.00. Following the completion of the transaction, the executive vice president owned 42,756 shares of the company’s stock, valued at $7,054,740. This represents a 14.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 97,678 shares of company stock worth $15,700,372. Corporate insiders own 1.43% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on EAT. 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 note on Thursday, January 29th. DA Davidson began coverage on shares of Brinker International in a report on Friday, March 6th. They issued a “neutral” rating and a $155.00 price objective on the stock. The Goldman Sachs Group upped their target price on shares of Brinker International from $180.00 to $200.00 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 note on Thursday, January 22nd. Finally, Wolfe Research assumed coverage on shares of Brinker International in a research report on Monday, March 9th. They set an “outperform” rating and a $184.00 price target for the company. Fifteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $185.68.

Brinker International Stock Performance

Shares of EAT stock opened at $143.87 on Friday. The firm has a 50 day moving average of $147.02 and a two-hundred day moving average of $143.27. The stock has a market capitalization of $6.27 billion, a PE ratio of 14.55, a P/E/G ratio of 1.04 and a beta of 1.34. The company has a quick ratio of 0.31, a current ratio of 0.36 and a debt-to-equity ratio of 1.19. Brinker International, Inc. has a 52 week low of $100.30 and a 52 week 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 for the quarter, topping analysts’ consensus estimates of $2.53 by $0.34. Brinker International had a return on equity of 134.92% and a net margin of 7.98%.The business had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the prior year, the company earned $2.80 earnings per share. The company’s revenue 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, research analysts predict that Brinker International, Inc. will post 10.69 EPS for the current fiscal year.

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.