Aberdeen Group plc Sells 10,083 Shares of Brinker International, Inc. $EAT

Aberdeen Group plc reduced its stake in shares of Brinker International, Inc. (NYSE:EAT) by 7.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 125,673 shares of the restaurant operator’s stock after selling 10,083 shares during the quarter. Aberdeen Group plc’s holdings in Brinker International were worth $16,711,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. NewEdge Advisors LLC grew its holdings in Brinker International by 1,118.9% during the first 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 period. Sequoia Financial Advisors LLC lifted its holdings in Brinker International by 5.9% during the second quarter. Sequoia Financial Advisors LLC now owns 1,462 shares of the restaurant operator’s stock worth $264,000 after acquiring an additional 81 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Brinker International in the second quarter valued at about $2,591,000. Balboa Wealth Partners bought a new stake in shares of Brinker International in the second quarter worth about $230,000. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Brinker International during the second quarter worth about $1,803,000.

Brinker International Price Performance

NYSE:EAT opened at $158.39 on Thursday. Brinker International, Inc. has a 52-week low of $100.30 and a 52-week high of $187.12. The company has a market cap of $6.90 billion, a P/E ratio of 16.02, a P/E/G ratio of 1.16 and a beta of 1.35. 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 stock’s 50-day simple moving average is $156.44 and its 200 day simple moving average is $144.36.

Brinker International (NYSE:EAT) last posted its quarterly earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.53 by $0.34. The firm had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.41 billion. Brinker International had a return on equity of 134.92% and a net margin of 7.98%.The business’s revenue was up 6.9% compared to the same quarter last year. During the same period last year, the company earned $2.80 earnings per share. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. As a group, sell-side analysts forecast that Brinker International, Inc. will post 8.3 EPS for the current fiscal year.

Insider Buying and Selling at Brinker International

In other Brinker International news, CEO Kevin Hochman sold 66,000 shares of the company’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $160.31, for a total transaction of $10,580,460.00. Following the sale, the chief executive officer directly owned 129,824 shares of the company’s stock, valued at approximately $20,812,085.44. This represents a 33.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Harriet Edelman sold 8,400 shares of the stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $159.00, for a total transaction of $1,335,600.00. Following the completion of the sale, the director owned 21,004 shares of the company’s stock, valued at approximately $3,339,636. This represents a 28.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 97,678 shares of company stock valued at $15,700,372 in the last 90 days. Company insiders own 1.43% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Morgan Stanley boosted their price objective on Brinker International from $200.00 to $205.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Wells Fargo & Company lifted their price target on shares of Brinker International from $175.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, January 22nd. Stifel Nicolaus cut their price objective on shares of Brinker International from $215.00 to $200.00 and set a “buy” rating on the stock in a research report on Friday, October 24th. Mizuho boosted their price target on Brinker International from $155.00 to $175.00 and gave the company an “outperform” rating in a report on Friday, January 9th. Finally, Piper Sandler lifted their target price on Brinker International from $140.00 to $166.00 and gave the company a “neutral” rating in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Brinker International currently has an average rating of “Moderate Buy” and a consensus target price of $188.56.

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.