OMERS ADMINISTRATION Corp Buys Shares of 7,000 Brinker International, Inc. $EAT

OMERS ADMINISTRATION Corp purchased a new stake in Brinker International, Inc. (NYSE:EAT) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 7,000 shares of the restaurant operator’s stock, valued at approximately $1,176,000.

Several other hedge funds have also recently modified their holdings of the business. Deutsche Bank AG lifted its stake in shares of Brinker International by 18.0% during the 2nd quarter. Deutsche Bank AG now owns 63,795 shares of the restaurant operator’s stock worth $10,718,000 after purchasing an additional 9,733 shares during the last quarter. Callan Family Office LLC purchased a new position in Brinker International in the second quarter valued at about $2,258,000. Bank of America Corp DE grew its stake in Brinker International by 37.7% in the first quarter. Bank of America Corp DE now owns 242,648 shares of the restaurant operator’s stock valued at $34,643,000 after purchasing an additional 66,383 shares during the last quarter. Cynosure Group LLC bought a new position in Brinker International in the second quarter worth about $766,000. Finally, Swedbank AB bought a new position in Brinker International in the first quarter worth about $3,855,000.

Brinker International News Summary

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

• Positive Sentiment: Brinker’s latest results showed solid operating momentum: quarterly revenue rose 5.1% year over year to approximately $1.54 billion, while comparable restaurant sales increased 5.0% and Chili’s comparable sales climbed 5.6%. Management also issued fiscal 2027 EPS guidance of $12.60–$13.40 and expanded its share-repurchase authorization to $750 million.
• Positive Sentiment: Robert W. Baird initiated coverage with an “outperform” rating and a $325 price target, offering a bullish view that the company’s growth outlook can support additional upside. Robert W. Baird Initiates Coverage on Brinker International
• Neutral Sentiment: Chili’s launched a promotional “Chili’s Golf Club” activation at DeBell Golf Club in California. The campaign could support brand engagement, but its near-term financial impact is unclear. Chili’s Golf Club announcement
• Negative Sentiment: A recent analyst downgrade to a neutral stance suggested that much of Brinker’s strong earnings news may already be reflected in the stock following its sharp rally. Valuation concerns are more prominent with shares near their 52-week high, while several older analyst targets remain below the current trading level.
• Negative Sentiment: Insider selling is adding short-term pressure. Senior Vice President Daniel S. Fuller sold 1,909 shares for approximately $484,000 on August 25, following other disclosed sales, including SVP James Butler’s 10,000-share sale valued at roughly $2.4 million. Across the past six months, reported insider activity included 15 sales and no purchases. Daniel Fuller insider sale

Insider Buying and Selling

In other Brinker International news, EVP Aaron M. White sold 16,220 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $236.22, for a total value of $3,831,488.40. Following the completion of the transaction, the executive vice president owned 42,756 shares of the company’s stock, valued at approximately $10,099,822.32. This trade represents a 27.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Kevin Hochman sold 40,000 shares of Brinker International stock in a transaction on Monday, August 17th. The stock was sold at an average price of $243.15, for a total transaction of $9,726,000.00. Following the sale, the chief executive officer owned 144,090 shares of the company’s stock, valued at $35,035,483.50. The trade was a 21.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 145,014 shares of company stock worth $34,958,437 over the last ninety days. Company insiders own 1.43% of the company’s stock.

Brinker International Price Performance

Shares of NYSE EAT opened at $240.52 on Thursday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.40 and a current ratio of 0.45. The company has a market cap of $10.05 billion, a PE ratio of 22.09, a P/E/G ratio of 1.28 and a beta of 1.24. The business has a 50-day simple moving average of $200.98 and a two-hundred day simple moving average of $165.34. Brinker International, Inc. has a fifty-two week low of $100.30 and a fifty-two week high of $254.99.

Brinker International (NYSE:EAT) last issued its quarterly earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). Brinker International had a return on equity of 122.35% and a net margin of 8.39%.The business had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.53 billion. During the same quarter in the previous year, the firm posted $2.30 EPS. Brinker International’s revenue was up 5.1% on a year-over-year basis. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. As a group, equities analysts expect that Brinker International, Inc. will post 13.24 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently weighed in on EAT shares. Wells Fargo & Company raised their price target on shares of Brinker International from $220.00 to $280.00 and gave the company an “overweight” rating in a report on Thursday, August 13th. Northcoast Research lowered shares of Brinker International from a “buy” rating to a “neutral” rating in a research note on Friday, August 14th. Citigroup increased their target price on shares of Brinker International from $227.00 to $282.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Stephens raised their target price on shares of Brinker International from $220.00 to $300.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Finally, Mizuho lifted their price target on shares of Brinker International from $175.00 to $275.00 and gave the stock an “outperform” rating in a report on Thursday, August 13th. Seventeen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Brinker International currently has a consensus rating of “Moderate Buy” and an average target price of $242.19.

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.