George Felix Sells 14,349 Shares of Brinker International (NYSE:EAT) Stock

Brinker International, Inc. (NYSE:EAT) EVP George Felix sold 14,349 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $237.47, for a total value of $3,407,457.03. Following the transaction, the executive vice president directly owned 6,293 shares of the company’s stock, valued at approximately $1,494,398.71. The trade was a 69.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Brinker International Price Performance

NYSE EAT traded up $4.96 during trading on Monday, hitting $242.11. 924,214 shares of the stock traded hands, compared to its average volume of 1,172,871. The company has a quick ratio of 0.35, a current ratio of 0.45 and a debt-to-equity ratio of 0.95. Brinker International, Inc. has a 12-month low of $100.30 and a 12-month high of $253.71. The firm has a 50-day simple moving average of $186.95 and a 200-day simple moving average of $160.75. The company has a market capitalization of $10.38 billion, a P/E ratio of 22.23, a price-to-earnings-growth ratio of 1.32 and a beta of 1.23.

Brinker International (NYSE:EAT) last issued its quarterly earnings data on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.09 by ($0.02). The firm had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.53 billion. Brinker International had a return on equity of 122.35% and a net margin of 8.39%.The firm’s revenue was up 5.1% on a year-over-year basis. During the same period last year, the company earned $2.30 earnings per share. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. As a group, analysts predict that Brinker International, Inc. will post 13.19 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. UBS Group AG lifted its stake in Brinker International by 103.2% in the fourth quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator’s stock worth $427,066,000 after purchasing an additional 1,511,266 shares during the last quarter. Balyasny Asset Management L.P. grew its stake in shares of Brinker International by 667.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator’s stock valued at $163,938,000 after buying an additional 993,435 shares during the last quarter. Norges Bank purchased a new stake in shares of Brinker International in the fourth quarter worth approximately $83,603,000. Capital World Investors lifted its stake in shares of Brinker International by 96.5% during the 4th quarter. Capital World Investors now owns 1,137,863 shares of the restaurant operator’s stock worth $163,306,000 after acquiring an additional 558,799 shares during the last quarter. Finally, Freestone Grove Partners LP bought a new stake in shares of Brinker International during the 2nd quarter worth approximately $91,237,000.

Analyst Upgrades and Downgrades

EAT has been the subject of several research reports. Barclays increased their price objective on shares of Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. BMO Capital Markets upped their target price on shares of Brinker International from $175.00 to $230.00 and gave the company a “market perform” rating in a research report on Thursday. Weiss Ratings raised shares of Brinker International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Citigroup lifted their price target on Brinker International from $227.00 to $282.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Mizuho boosted their price objective on Brinker International from $175.00 to $275.00 and gave the stock an “outperform” rating in a research note on Thursday. Sixteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Brinker International currently has an average rating of “Moderate Buy” and a consensus target price of $238.05.

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.