Brinker International, Inc. $EAT Shares Sold by Kazazian Asset Management LLC

Kazazian Asset Management LLC cut its position in shares of Brinker International, Inc. (NYSE:EAT) by 64.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 9,061 shares of the restaurant operator’s stock after selling 16,320 shares during the period. Brinker International comprises about 1.4% of Kazazian Asset Management LLC’s holdings, making the stock its 17th largest position. Kazazian Asset Management LLC’s holdings in Brinker International were worth $1,148,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in Brinker International during the second quarter valued at approximately $98,731,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Brinker International by 86.4% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,091,692 shares of the restaurant operator’s stock valued at $196,865,000 after acquiring an additional 506,087 shares in the last quarter. Mane Global Capital Management LP purchased a new stake in Brinker International during the 2nd quarter worth $68,695,000. Balyasny Asset Management L.P. increased its holdings in Brinker International by 107.1% in the 2nd quarter. Balyasny Asset Management L.P. now owns 639,362 shares of the restaurant operator’s stock valued at $115,296,000 after purchasing an additional 330,611 shares in the last quarter. Finally, ANTIPODES PARTNERS Ltd purchased a new position in Brinker International in the second quarter valued at about $55,725,000.

Analysts Set New Price Targets

Several equities research analysts recently commented on EAT shares. Jefferies Financial Group raised their target price on Brinker International from $155.00 to $175.00 and gave the company a “hold” rating in a report on Thursday, January 29th. UBS Group increased their price objective 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. The Goldman Sachs Group boosted their target price on shares of Brinker International from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Morgan Stanley raised their price target on shares of Brinker International from $200.00 to $205.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Brinker International from $177.00 to $187.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Brinker International currently has a consensus rating of “Moderate Buy” and an average target price of $188.56.

Brinker International Stock Down 2.7%

EAT stock 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 1-year low of $100.30 and a 1-year high of $187.12. The firm has a fifty day moving average price of $156.65 and a two-hundred day moving average price of $144.21. The firm has a market cap of $6.38 billion, a price-to-earnings ratio of 14.82, a PEG ratio of 1.04 and a beta of 1.35.

Brinker International (NYSE:EAT) last announced its quarterly earnings results 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. The business had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Brinker International had a return on equity of 134.92% and a net margin of 7.98%.The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.80 EPS. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. Research analysts predict that Brinker International, Inc. will post 8.3 EPS for the current year.

Insider Buying and Selling

In other Brinker International news, EVP Aaron M. White sold 7,000 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $165.00, for a total transaction of $1,155,000.00. Following the transaction, the executive vice president owned 42,756 shares of the company’s stock, valued at approximately $7,054,740. This trade represents a 14.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Michaela M. Ware sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $162.40, for a total value of $812,000.00. Following the sale, the executive vice president directly owned 19,923 shares in the company, valued at approximately $3,235,495.20. The trade was a 20.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 97,678 shares of company stock valued at $15,700,372. Company insiders own 1.43% of the company’s stock.

Brinker International 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.