47,598 Shares in Brinker International, Inc. $EAT Purchased by Man Group plc

Man Group plc acquired a new stake in Brinker International, Inc. (NYSE:EAT) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 47,598 shares of the restaurant operator’s stock, valued at approximately $7,996,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Allworth Financial LP lifted its holdings in shares of Brinker International by 58.5% in the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock valued at $28,000 after purchasing an additional 83 shares in the last quarter. Rezny Wealth Management Inc. grew its position in shares of Brinker International by 0.8% in the fourth quarter. Rezny Wealth Management Inc. now owns 11,738 shares of the restaurant operator’s stock valued at $1,685,000 after purchasing an additional 92 shares during the last quarter. New Age Alpha Advisors LLC increased its stake in shares of Brinker International by 4.8% during the 4th quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator’s stock worth $294,000 after purchasing an additional 94 shares in the last quarter. Smith Group Asset Management LLC increased its stake in shares of Brinker International by 0.5% during the 2nd quarter. Smith Group Asset Management LLC now owns 20,669 shares of the restaurant operator’s stock worth $3,472,000 after purchasing an additional 104 shares in the last quarter. Finally, Aviva PLC increased its stake in shares of Brinker International by 2.8% during the 4th quarter. Aviva PLC now owns 4,123 shares of the restaurant operator’s stock worth $592,000 after purchasing an additional 112 shares in the last quarter.

Insider Buying and Selling

In other news, SVP James M. Butler sold 10,000 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $240.37, for a total transaction of $2,403,700.00. Following the completion of the transaction, the senior vice president owned 9,064 shares of the company’s stock, valued at $2,178,713.68. This represents a 52.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP George S. Felix sold 14,349 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $237.47, for a total transaction of $3,407,457.03. Following the transaction, the executive vice president owned 6,293 shares in the company, valued at approximately $1,494,398.71. The trade was a 69.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 145,014 shares of company stock worth $34,958,437 over the last ninety days. Insiders own 1.43% of the company’s stock.

Brinker International News Roundup

Here are the key news stories impacting Brinker International this week:

• Positive Sentiment: Zacks Research raised most of its Brinker earnings outlook. Estimates increased for Q1 2027 EPS to $2.29 from $2.16, Q2 2027 to $3.24 from $3.03, Q3 2027 to $3.45 from $3.32, and Q4 2027 to $4.05 from $3.77. The FY2027 forecast rose to $13.03 from $12.29, suggesting stronger expected operating momentum.
• Positive Sentiment: Zacks also lifted its FY2028 EPS estimate to $13.66 from $13.33, raised Q1 2028 to $2.49 from $2.45 and Q3 2028 to $3.54 from $3.37. Its new FY2029 forecast is $14.90 per share, above the current-year consensus of approximately $13.24.
• Neutral Sentiment: The revisions were not uniformly positive: Zacks trimmed its Q2 2028 EPS estimate to $3.30 from $3.34. The mixed adjustment limits the significance of the broader forecast increases.
• Negative Sentiment: Senior Vice President and Chief Legal Officer Daniel Fuller sold 1,909 EAT shares for approximately $484,000 at an average price of $253.54, reducing his holdings by 5.95%. The transaction occurred near the stock’s 52-week high and may reinforce concerns about insider confidence. Daniel Fuller SEC insider-sale filing
• Negative Sentiment: Brinker’s latest quarterly results provide a counterweight to the bullish estimates: EPS of $3.07 narrowly missed the $3.09 consensus, although revenue reached $1.54 billion, rose 5.1% year over year and exceeded expectations. With shares trading at an elevated valuation after a substantial rally, investors may be taking profits despite the company’s solid sales growth and FY2027 EPS guidance of $12.60–$13.40.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Wells Fargo & Company upped their target price on Brinker International from $220.00 to $280.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Northcoast Research downgraded Brinker International from a “buy” rating to a “neutral” rating in a research report on Friday, August 14th. TD Cowen upped their price objective on Brinker International from $210.00 to $270.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. UBS Group increased their price objective on Brinker International from $190.00 to $260.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Finally, BMO Capital Markets lifted their price objective on Brinker International from $175.00 to $230.00 and gave the stock a “market perform” rating in a research report on Thursday, August 13th. Seventeen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $242.19.

Brinker International Trading Down 1.2%

Shares of Brinker International stock opened at $230.51 on Friday. Brinker International, Inc. has a fifty-two week low of $100.30 and a fifty-two week high of $254.99. The firm has a market cap of $9.63 billion, a PE ratio of 21.17, a P/E/G ratio of 1.20 and a beta of 1.24. The business’s fifty day moving average is $203.67 and its two-hundred day moving average is $166.24. The company has a quick ratio of 0.40, a current ratio of 0.45 and a debt-to-equity ratio of 0.95.

Brinker International (NYSE:EAT) last announced its quarterly earnings data on Wednesday, August 12th. The restaurant operator reported $3.07 EPS for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). The business had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.53 billion. Brinker International had a net margin of 8.39% and a return on equity of 122.35%. Brinker International’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the prior year, the firm earned $2.30 EPS. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Analysts anticipate that Brinker International, Inc. will post 13.22 earnings per share for the current 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.