Hanseatic Management Services Inc. Makes New $1.07 Million Investment in Brinker International, Inc. $EAT

Hanseatic Management Services Inc. purchased a new position in shares of Brinker International, Inc. (NYSE:EAT) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,540 shares of the restaurant operator’s stock, valued at approximately $1,072,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. BlackRock Inc. grew its stake in Brinker International by 2.2% in the 2nd quarter. BlackRock Inc. now owns 6,729,477 shares of the restaurant operator’s stock valued at $1,130,552,000 after acquiring an additional 145,525 shares during the last quarter. State Street Corp increased its holdings in Brinker International by 3.5% during the 2nd quarter. State Street Corp now owns 1,748,760 shares of the restaurant operator’s stock valued at $293,786,000 after acquiring an additional 59,120 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in Brinker International by 0.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,170,612 shares of the restaurant operator’s stock worth $167,128,000 after acquiring an additional 9,692 shares during the last quarter. Freestone Grove Partners LP acquired a new position in Brinker International during the second quarter worth about $91,237,000. Finally, Wellington Management Group LLP raised its position in Brinker International by 63.7% during the second quarter. Wellington Management Group LLP now owns 413,472 shares of the restaurant operator’s stock worth $69,463,000 after acquiring an additional 160,939 shares during the last quarter.

Brinker International Trading Up 12.0%

NYSE EAT opened at $220.29 on Thursday. The company has a market cap of $9.20 billion, a P/E ratio of 20.23, a P/E/G ratio of 0.95 and a beta of 1.25. The company has a 50-day moving average of $210.12 and a 200-day moving average of $174.06. Brinker International, Inc. has a 12 month low of $100.30 and a 12 month high of $254.99. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.45 and a quick ratio of 0.40.

Brinker International (NYSE:EAT) last posted its quarterly earnings results on Wednesday, October 28th. The restaurant operator reported $2.77 EPS for the quarter, beating the consensus estimate of $2.45 by $0.32. Brinker International had a net margin of 8.39% and a return on equity of 122.35%. The firm had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.46 billion. During the same quarter last year, the firm posted $2.17 earnings per share. Brinker International’s revenue for the quarter was up 9.4% compared to the same quarter last year. As a group, equities analysts predict that Brinker International, Inc. will post 13.20 earnings per share for the current year.

Insider Buying and Selling

In related news, SVP Daniel S. Fuller sold 1,909 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $253.54, for a total transaction of $484,007.86. Following the sale, the senior vice president directly owned 30,177 shares in the company, valued at approximately $7,651,076.58. This trade represents a 5.95% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director James C. Katzman sold 650 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $220.09, for a total value of $143,058.50. Following the transaction, the director directly owned 25,094 shares in the company, valued at $5,522,938.46. This trade represents a 2.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 173,694 shares of company stock valued at $41,568,690. 1.18% of the stock is owned by insiders.

Brinker International News Summary

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

• Positive Sentiment: Brinker reported fiscal Q1 adjusted earnings of $2.77 per share, exceeding analyst estimates of approximately $2.45-$2.49 and rising from $2.17-$2.18 a year earlier. Revenue increased 9.4% to $1.48 billion, also topping the roughly $1.46 billion consensus. Brinker International Reports First Quarter Fiscal 2027 Results
• Positive Sentiment: Chili’s delivered its 22nd consecutive quarter of same-store sales growth, with comparable sales up 10% despite lapping a 21% increase in the prior-year quarter. Management said the brand’s three-year cumulative comparable-sales growth reached 52%, highlighting sustained customer demand and strong execution. Brinker Rallies After Chili’s Results
• Positive Sentiment: Management raised fiscal 2027 adjusted EPS guidance to $13.30-$13.90, slightly above the $13.28 FactSet estimate. The higher forecast signals that Brinker expects operating momentum, particularly at Chili’s, to continue. Brinker Fiscal 2027 EPS Guidance
• Neutral Sentiment: The earnings beat and outlook revision were widely reported, contributing to unusually heavy trading volume. However, the stock remains near its 52-week high, with a valuation around 20 times earnings, leaving investors dependent on continued sales growth to justify further gains. Brinker Q1 Earnings and Revenues Top Estimates

Analyst Upgrades and Downgrades

EAT has been the topic of several research reports. Northcoast Research upgraded shares of Brinker International from a “neutral” rating to a “buy” rating and set a $275.00 price target on the stock in a research report on Tuesday, September 22nd. Wells Fargo & Company reduced their price objective on Brinker International from $280.00 to $270.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 21st. Morgan Stanley upped their price objective on Brinker International from $250.00 to $260.00 and gave the company an “overweight” rating in a research report on Thursday, September 10th. Freedom Broker raised Brinker International to a “strong-buy” rating in a research note on Friday, September 18th. Finally, BMO Capital Markets lifted their price objective on Brinker International from $175.00 to $230.00 and gave the stock a “market perform” rating in a research report on Thursday, August 13th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $249.45.

Brinker International Profile

Brinker International, Inc is a casual-dining restaurant company that owns, operates and franchises restaurants in the United States and select international markets. The company is headquartered in Dallas, Texas, and serves customers through company-operated and franchised locations.

Brinker’s principal brands are Chili’s Grill & Bar and Maggiano’s Little Italy. Chili’s offers a broad menu of burgers, steaks, ribs, fajitas, Tex-Mex dishes, salads and beverages in a full-service, casual setting.