Brinker International, Inc. $EAT Stock Position Lowered by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP decreased its position in Brinker International, Inc. (NYSE:EAT) by 66.4% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 416,056 shares of the restaurant operator’s stock after selling 820,527 shares during the period. Westfield Capital Management Co. LP owned about 0.94% of Brinker International worth $52,706,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in EAT. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Brinker International by 86.4% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,091,692 shares of the restaurant operator’s stock valued at $196,865,000 after purchasing an additional 506,087 shares in the last quarter. Geode Capital Management LLC raised its position in Brinker International by 1.3% during the second quarter. Geode Capital Management LLC now owns 1,071,523 shares of the restaurant operator’s stock valued at $193,619,000 after buying an additional 14,033 shares during the period. Balyasny Asset Management L.P. lifted its stake 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 worth $115,296,000 after acquiring an additional 330,611 shares in the last quarter. Invesco Ltd. boosted its position in Brinker International by 23.1% during the 2nd quarter. Invesco Ltd. now owns 628,857 shares of the restaurant operator’s stock worth $113,402,000 after acquiring an additional 117,864 shares during the period. Finally, Norges Bank acquired a new stake in Brinker International during the 2nd quarter worth about $98,731,000.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. The Goldman Sachs Group upped their target price on Brinker International from $180.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, January 29th. UBS Group lifted their target price on shares of Brinker International from $175.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. TD Cowen assumed coverage on shares of Brinker International in a research note on Tuesday, January 20th. They issued a “buy” rating and a $192.00 price target on the stock. Jefferies Financial Group lifted their price objective on Brinker International from $155.00 to $175.00 and gave the company a “hold” rating in a research report on Thursday, January 29th. Finally, Wells Fargo & Company upped their target price on Brinker International from $175.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Brinker International presently has an average rating of “Moderate Buy” and a consensus target price of $188.56.

Brinker International Stock Performance

EAT opened at $151.25 on Friday. 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 company has a market cap of $6.59 billion, a PE ratio of 15.29, a price-to-earnings-growth ratio of 1.02 and a beta of 1.35. The stock has a 50-day moving average of $156.48 and a 200-day moving average of $143.95. 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 earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share 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 analyst estimates of $1.41 billion. During the same period in the previous year, the company earned $2.80 EPS. The company’s revenue for the quarter was up 6.9% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. As a group, equities research analysts forecast that Brinker International, Inc. will post 8.3 earnings per share for the current fiscal year.

Insider Buying and Selling at Brinker International

In related news, CMO George S. Felix sold 10,431 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $161.00, for a total value of $1,679,391.00. Following the transaction, the chief marketing officer directly owned 8,064 shares in the company, valued at approximately $1,298,304. This trade represents a 56.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Michaela M. Ware sold 5,000 shares of the business’s stock in a transaction on Thursday, February 5th. The stock was 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 represents a 20.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 97,678 shares of company stock worth $15,700,372 in the last quarter. 1.43% of the stock is owned by corporate insiders.

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.