Freestone Grove Partners LP Purchases Shares of 543,077 Brinker International, Inc. $EAT

Freestone Grove Partners LP purchased a new position in Brinker International, Inc. (NYSE:EAT) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 543,077 shares of the restaurant operator’s stock, valued at approximately $91,237,000. Freestone Grove Partners LP owned about 1.27% of Brinker International at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Man Group plc acquired a new position in shares of Brinker International in the 2nd quarter valued at $7,996,000. Invst LLC purchased a new position in Brinker International in the 2nd quarter worth $727,000. Jupiter Topco LLC acquired a new stake in Brinker International during the 2nd quarter worth about $14,441,000. Hsbc Holdings PLC acquired a new stake in Brinker International during the 2nd quarter worth about $623,000. Finally, Primecap Management Co. CA purchased a new stake in Brinker International during the 2nd quarter valued at about $4,738,000.

Brinker International Trading Down 3.3%

Shares of NYSE:EAT opened at $240.52 on Thursday. The company has a current ratio of 0.45, a quick ratio of 0.40 and a debt-to-equity ratio of 0.95. Brinker International, Inc. has a 12-month low of $100.30 and a 12-month high of $254.99. The business has a 50 day moving average of $200.98 and a two-hundred day moving average of $165.34. The company has a market capitalization of $10.05 billion, a PE ratio of 22.09, a PEG ratio of 1.28 and a beta of 1.24.

Brinker International (NYSE:EAT) last posted its earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.09 by ($0.02). Brinker International had a net margin of 8.39% and a return on equity of 122.35%. The firm had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.53 billion. During the same quarter in the prior year, the firm earned $2.30 earnings per share. The business’s revenue for the quarter 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, analysts forecast that Brinker International, Inc. will post 13.24 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Weiss Ratings raised Brinker International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. BMO Capital Markets lifted their target price on Brinker International from $175.00 to $230.00 and gave the stock a “market perform” rating in a report on Thursday, August 13th. Bank of America upped their target price on Brinker International from $224.00 to $310.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Robert W. Baird began coverage on shares of Brinker International in a report on Monday. They issued an “outperform” rating and a $325.00 price target on the stock. Finally, KeyCorp raised their price target on shares of Brinker International from $204.00 to $275.00 and gave the stock an “overweight” rating in a research 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’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $242.19.

Trending Headlines about Brinker International

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

Insiders Place Their Bets

In other news, SVP Daniel S. Fuller sold 9,960 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $243.43, for a total transaction of $2,424,562.80. Following the sale, the senior vice president directly owned 32,086 shares in the company, valued at $7,810,694.98. This trade represents a 23.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP George S. Felix sold 14,349 shares of Brinker International stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $237.47, for a total value of $3,407,457.03. Following the completion of the transaction, the executive vice president owned 6,293 shares of the company’s stock, valued at approximately $1,494,398.71. This represents a 69.51% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 145,014 shares of company stock valued at $34,958,437. Insiders own 1.43% of the company’s stock.

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.