Navellier & Associates Inc. Sells 4,140 Shares of Brinker International, Inc. $EAT

Navellier & Associates Inc. trimmed its position in Brinker International, Inc. (NYSE:EAT) by 22.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 14,351 shares of the restaurant operator’s stock after selling 4,140 shares during the period. Navellier & Associates Inc.’s holdings in Brinker International were worth $2,060,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd bought a new stake in Brinker International in the 3rd quarter worth about $25,000. Salomon & Ludwin LLC bought a new stake in Brinker International in the 3rd quarter worth about $26,000. Allworth Financial LP grew its position in Brinker International by 58.5% in the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 83 shares in the last quarter. First Horizon Corp grew its position in Brinker International by 116.0% in the 4th quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock worth $48,000 after purchasing an additional 181 shares in the last quarter. Finally, Rakuten Securities Inc. grew its position in Brinker International by 481.6% in the 2nd quarter. Rakuten Securities Inc. now owns 599 shares of the restaurant operator’s stock worth $108,000 after purchasing an additional 496 shares in the last quarter.

Insider Activity at Brinker International

In related news, EVP Michaela M. Ware sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $162.40, for a total value of $812,000.00. Following the completion of the transaction, the executive vice president directly owned 19,923 shares of the company’s stock, valued at approximately $3,235,495.20. This trade represents a 20.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James C. Katzman sold 447 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $164.19, for a total transaction of $73,392.93. Following the completion of the transaction, the director directly owned 28,994 shares of the company’s stock, valued at approximately $4,760,524.86. This trade represents a 1.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.43% of the stock is currently owned by company insiders.

Brinker International Stock Up 3.3%

EAT opened at $144.82 on Wednesday. The company has a 50 day moving average of $145.12 and a 200 day moving average of $144.09. The company has a market cap of $6.21 billion, a PE ratio of 14.20, a price-to-earnings-growth ratio of 1.01 and a beta of 1.32. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $187.12. The company has a current ratio of 0.40, a quick ratio of 0.35 and a debt-to-equity ratio of 1.05.

Brinker International (NYSE:EAT) last released its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $2.90 EPS for the quarter, topping the consensus estimate of $2.85 by $0.05. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.47 billion. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. Brinker International’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period last year, the firm earned $2.66 EPS. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. On average, sell-side analysts expect that Brinker International, Inc. will post 10.73 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Weiss Ratings downgraded shares of Brinker International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Raymond James Financial raised shares of Brinker International from a “market perform” rating to an “outperform” rating and set a $195.00 target price for the company in a research report on Wednesday, January 21st. Citigroup reduced their target price on shares of Brinker International from $190.00 to $186.00 and set a “buy” rating for the company in a research report on Monday, April 13th. Wolfe Research began coverage on shares of Brinker International in a research report on Monday, March 9th. They set an “outperform” rating and a $184.00 target price for the company. Finally, Wells Fargo & Company increased their target price on shares of Brinker International from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, January 22nd. Fourteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $185.11.

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.