Brinker International, Inc. $EAT Shares Sold by Kazazian Asset Management LLC

Kazazian Asset Management LLC lowered its position in Brinker International, Inc. (NYSE:EAT) by 64.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,061 shares of the restaurant operator’s stock after selling 16,320 shares during the quarter. Brinker International comprises about 1.4% of Kazazian Asset Management LLC’s holdings, making the stock its 17th biggest holding. Kazazian Asset Management LLC’s holdings in Brinker International were worth $1,148,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Allworth Financial LP lifted its stake in shares of Brinker International by 105.8% in the 2nd quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 73 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in Brinker International in the 2nd quarter valued at about $34,000. Salomon & Ludwin LLC acquired a new position in Brinker International in the third quarter valued at about $26,000. GPS Wealth Strategies Group LLC boosted its stake in Brinker International by 52.1% during the second quarter. GPS Wealth Strategies Group LLC now owns 219 shares of the restaurant operator’s stock worth $39,000 after buying an additional 75 shares during the period. Finally, Employees Retirement System of Texas acquired a new stake in shares of Brinker International during the second quarter valued at about $50,000.

Analysts Set New Price Targets

Several brokerages have recently commented on EAT. Morgan Stanley upped their price objective on shares of Brinker International from $200.00 to $205.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Wells Fargo & Company upped their price target on Brinker International from $175.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, January 22nd. Raymond James Financial raised Brinker International from a “market perform” rating to an “outperform” rating and set a $195.00 price objective for the company in a research note on Wednesday, January 21st. The Goldman Sachs Group increased their target price on Brinker International from $180.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Finally, Barclays raised their target price on Brinker International from $166.00 to $170.00 and gave the company an “equal weight” rating in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Brinker International presently has a consensus rating of “Moderate Buy” and an average target price of $188.56.

Brinker International Stock Performance

Shares of Brinker International stock opened at $146.61 on Friday. The company has a quick ratio of 0.31, a current ratio of 0.36 and a debt-to-equity ratio of 1.19. Brinker International, Inc. has a 52 week low of $100.30 and a 52 week high of $187.12. The firm’s 50 day moving average is $156.65 and its two-hundred day moving average is $144.21. The firm has a market capitalization of $6.38 billion, a P/E ratio of 14.82, a P/E/G ratio of 1.04 and a beta of 1.35.

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

Insider Buying and Selling at Brinker International

In other Brinker International news, Director Ramona Hood sold 400 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $161.32, for a total transaction of $64,528.00. Following the transaction, the director owned 9,066 shares in the company, valued at approximately $1,462,527.12. The trade was a 4.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director James C. Katzman sold 447 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $164.19, for a total value of $73,392.93. Following the completion of the transaction, the director owned 28,994 shares of the company’s stock, valued at $4,760,524.86. The trade was a 1.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 97,678 shares of company stock valued at $15,700,372. Corporate insiders own 1.43% of the company’s stock.

About Brinker International

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.