Brinker International (NYSE:EAT) Now Covered by Analysts at Wolfe Research

Wolfe Research assumed coverage on shares of Brinker International (NYSE:EAT) in a research report sent to investors on Monday. The brokerage issued an outperform rating and a $184.00 target price on the restaurant operator’s stock.

EAT has been the topic of several other research reports. Barclays increased their price target 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. TD Cowen assumed coverage on shares of Brinker International in a report on Tuesday, January 20th. They issued a “buy” rating and a $192.00 price objective on the stock. Piper Sandler increased their price objective on shares of Brinker International from $140.00 to $166.00 and gave the stock a “neutral” rating in a research note on Thursday, January 29th. The Goldman Sachs Group raised their target price on shares of Brinker International from $180.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Finally, UBS Group boosted their target price on shares of Brinker International from $175.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Brinker International presently has an average rating of “Moderate Buy” and an average price target of $186.44.

Brinker International Stock Up 2.0%

Brinker International stock opened at $137.56 on Monday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.31 and a current ratio of 0.36. The business’s 50-day simple moving average is $155.22 and its two-hundred day simple moving average is $143.06. The company has a market cap of $5.99 billion, a PE ratio of 13.91, a PEG ratio of 0.95 and a beta of 1.34. Brinker International has a fifty-two week low of $100.30 and a fifty-two week high of $187.12.

Brinker International (NYSE:EAT) last announced 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. Brinker International had a return on equity of 134.92% and a net margin of 7.98%.The firm had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same period last year, the business posted $2.80 earnings per share. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. Equities analysts anticipate that Brinker International will post 8.3 EPS for the current year.

Insiders Place Their Bets

In other news, Director Ramona Hood sold 400 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $161.32, for a total transaction of $64,528.00. Following the sale, the director owned 9,066 shares of the company’s stock, valued at $1,462,527.12. This trade represents a 4.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Michaela M. Ware sold 5,000 shares of Brinker International stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $162.40, for a total transaction of $812,000.00. Following the transaction, the executive vice president directly owned 19,923 shares of the company’s stock, valued at approximately $3,235,495.20. This trade represents a 20.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 97,678 shares of company stock worth $15,700,372. Corporate insiders own 1.43% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its position in shares of Brinker International by 1,118.9% in the first quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock worth $173,000 after acquiring an additional 1,063 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Brinker International by 27.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,117 shares of the restaurant operator’s stock valued at $1,103,000 after acquiring an additional 1,322 shares during the period. Bank of Montreal Can grew its position in shares of Brinker International by 8.5% during the 2nd quarter. Bank of Montreal Can now owns 10,757 shares of the restaurant operator’s stock valued at $1,940,000 after acquiring an additional 840 shares during the period. Atlantic Union Bankshares Corp purchased a new position in shares of Brinker International in the 2nd quarter valued at about $70,000. Finally, Savant Capital LLC raised its holdings in Brinker International by 3.7% in the 2nd quarter. Savant Capital LLC now owns 3,947 shares of the restaurant operator’s stock worth $712,000 after purchasing an additional 141 shares during the period.

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.