Stratos Wealth Partners LTD. Sells 4,315 Shares of Brinker International, Inc. $EAT

Stratos Wealth Partners LTD. decreased its position in Brinker International, Inc. (NYSE:EAT) by 19.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,450 shares of the restaurant operator’s stock after selling 4,315 shares during the period. Stratos Wealth Partners LTD.’s holdings in Brinker International were worth $2,648,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Balboa Wealth Partners purchased a new stake in shares of Brinker International in the fourth quarter valued at approximately $205,000. Aberdeen Group plc boosted its holdings in shares of Brinker International by 8.7% in the fourth quarter. Aberdeen Group plc now owns 136,564 shares of the restaurant operator’s stock valued at $19,600,000 after purchasing an additional 10,891 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in shares of Brinker International by 7.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 80,606 shares of the restaurant operator’s stock valued at $12,213,000 after purchasing an additional 5,665 shares during the period. Exchange Traded Concepts LLC purchased a new stake in shares of Brinker International in the fourth quarter valued at approximately $148,000. Finally, Norden Group LLC purchased a new stake in shares of Brinker International in the fourth quarter valued at approximately $256,000.

Insider Activity at Brinker International

In other Brinker International news, CMO George S. Felix sold 10,431 shares of the company’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $161.00, for a total transaction of $1,679,391.00. Following the completion of the sale, the chief marketing officer owned 8,064 shares in the company, valued at $1,298,304. This represents a 56.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Aaron M. White sold 7,000 shares of the company’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $165.00, for a total value of $1,155,000.00. Following the sale, the executive vice president owned 42,756 shares of the company’s stock, valued at approximately $7,054,740. This represents a 14.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 97,678 shares of company stock valued at $15,700,372 over the last 90 days. Insiders own 1.43% of the company’s stock.

Brinker International Stock Up 3.4%

Brinker International stock opened at $149.60 on Tuesday. The business has a fifty day moving average of $149.49 and a two-hundred day moving average of $141.51. The company has a quick ratio of 0.31, a current ratio of 0.36 and a debt-to-equity ratio of 1.19. The firm has a market cap of $6.51 billion, a P/E ratio of 15.13, a P/E/G ratio of 1.02 and a beta of 1.34. Brinker International, Inc. has a twelve month low of $100.30 and a twelve month 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 analysts’ consensus estimates of $2.53 by $0.34. The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.41 billion. Brinker International had a return on equity of 134.92% and a net margin of 7.98%.Brinker International’s revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.80 earnings per share. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. On average, analysts forecast that Brinker International, Inc. will post 8.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

EAT has been the subject of a number of research reports. Piper Sandler boosted their price target on Brinker International from $140.00 to $166.00 and gave the company a “neutral” rating in a report on Thursday, January 29th. Raymond James Financial upgraded Brinker International from a “market perform” rating to an “outperform” rating and set a $195.00 price target for the company in a report on Wednesday, January 21st. Citigroup boosted their price target on Brinker International from $187.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Wells Fargo & Company boosted their price target on Brinker International from $175.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, January 22nd. Finally, 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. Fourteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $186.11.

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.