Fieldview Capital Management LLC Has $456,000 Position in Brinker International, Inc. $EAT

Fieldview Capital Management LLC lessened its stake in Brinker International, Inc. (NYSE:EAT) by 75.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,603 shares of the restaurant operator’s stock after selling 11,078 shares during the quarter. Fieldview Capital Management LLC’s holdings in Brinker International were worth $456,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of EAT. NewEdge Advisors LLC increased its stake in shares of Brinker International by 1,118.9% in the 1st quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock valued at $173,000 after purchasing an additional 1,063 shares during the last quarter. Envestnet Asset Management Inc. lifted 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 worth $1,103,000 after buying an additional 1,322 shares during the last quarter. Bank of Montreal Can boosted its stake in Brinker International by 8.5% in the second quarter. Bank of Montreal Can now owns 10,757 shares of the restaurant operator’s stock valued at $1,940,000 after buying an additional 840 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in Brinker International in the second quarter valued at about $70,000. Finally, Savant Capital LLC grew its position in Brinker International by 3.7% in the second quarter. Savant Capital LLC now owns 3,947 shares of the restaurant operator’s stock valued at $712,000 after acquiring an additional 141 shares during the last quarter.

Wall Street Analysts Forecast Growth

EAT has been the subject of several research reports. The Goldman Sachs Group increased their price objective on shares of Brinker International from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Wells Fargo & Company upped their price target on shares of Brinker International from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, January 22nd. Citigroup increased their price target on Brinker International from $187.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Mizuho raised their price objective on Brinker International from $155.00 to $175.00 and gave the company an “outperform” rating in a report on Friday, January 9th. Finally, JPMorgan Chase & Co. upped their target price on Brinker International from $177.00 to $187.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $186.44.

Insiders Place Their Bets

In other Brinker International news, Director Harriet Edelman sold 8,400 shares of the stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $159.00, for a total transaction of $1,335,600.00. Following the completion of the transaction, the director directly owned 21,004 shares of the company’s stock, valued at approximately $3,339,636. This represents a 28.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Aaron M. White sold 7,000 shares of the firm’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $165.00, for a total value of $1,155,000.00. Following the completion of the sale, the executive vice president directly owned 42,756 shares of the company’s stock, valued at $7,054,740. This represents a 14.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 97,678 shares of company stock valued at $15,700,372. 1.43% of the stock is currently owned by insiders.

Brinker International Trading Up 1.7%

Shares of Brinker International stock opened at $139.91 on Wednesday. The company has a market capitalization of $6.09 billion, a P/E ratio of 14.15, a price-to-earnings-growth ratio of 0.97 and a beta of 1.34. The stock has a fifty day simple moving average of $155.16 and a 200 day simple moving average of $142.98. Brinker International, Inc. has a 12-month low of $100.30 and a 12-month high of $187.12. The company has a current ratio of 0.36, a quick ratio of 0.31 and a debt-to-equity ratio of 1.19.

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

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.