Wealth Enhancement Advisory Services LLC Grows Stock Position in Brinker International, Inc. $EAT

Wealth Enhancement Advisory Services LLC boosted its holdings in Brinker International, Inc. (NYSE:EAT) by 61.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,801 shares of the restaurant operator’s stock after acquiring an additional 4,101 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Brinker International were worth $1,550,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its holdings in shares of Brinker International by 1,118.9% in the first quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock valued at $173,000 after purchasing an additional 1,063 shares in the last quarter. State Board of Administration of Florida Retirement System grew its position in shares of Brinker International by 2.2% in the second quarter. State Board of Administration of Florida Retirement System now owns 11,074 shares of the restaurant operator’s stock valued at $1,997,000 after purchasing an additional 234 shares during the last quarter. Hsbc Holdings PLC increased its stake in shares of Brinker International by 29.9% during the 2nd quarter. Hsbc Holdings PLC now owns 16,214 shares of the restaurant operator’s stock worth $2,921,000 after purchasing an additional 3,736 shares in the last quarter. New York State Common Retirement Fund raised its position in shares of Brinker International by 4.8% during the 2nd quarter. New York State Common Retirement Fund now owns 15,178 shares of the restaurant operator’s stock worth $2,737,000 after purchasing an additional 700 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of Brinker International during the 2nd quarter worth approximately $34,000.

Wall Street Analysts Forecast Growth

EAT has been the topic of a number of analyst reports. Weiss Ratings cut Brinker International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, March 10th. UBS Group boosted their price target on Brinker International from $175.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. The Goldman Sachs Group upped their price objective on Brinker International from $180.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Zacks Research lowered Brinker International from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Finally, KeyCorp upgraded Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 price objective for the company in a research report on Thursday. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $186.11.

Insider Buying and Selling at Brinker International

In other Brinker International news, EVP Aaron M. White sold 7,000 shares of the business’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $165.00, for a total transaction of $1,155,000.00. Following the completion of the sale, the executive vice president owned 42,756 shares of the company’s stock, valued at approximately $7,054,740. The trade was a 14.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Michaela M. Ware sold 5,000 shares of the company’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $162.40, for a total value of $812,000.00. Following the sale, the executive vice president owned 19,923 shares of the company’s stock, valued at $3,235,495.20. This represents a 20.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 97,678 shares of company stock worth $15,700,372. 1.43% of the stock is currently owned by company insiders.

Brinker International Price Performance

EAT opened at $145.05 on Friday. Brinker International, Inc. has a 1 year low of $100.30 and a 1 year high of $187.12. The company’s 50 day simple moving average is $149.65 and its 200 day simple moving average is $141.46. The stock has a market capitalization of $6.32 billion, a PE ratio of 14.67, a P/E/G ratio of 1.02 and a beta of 1.34. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.31 and a current ratio of 0.36.

Brinker International (NYSE:EAT) last issued its quarterly earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 EPS for the quarter, topping the consensus estimate of $2.53 by $0.34. The firm had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.41 billion. Brinker International had a net margin of 7.98% and a return on equity of 134.92%. Brinker International’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.80 earnings per share. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. As a group, sell-side analysts expect that Brinker International, Inc. will post 8.3 EPS 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.