Insider Selling: Brinker International (NYSE:EAT) CEO Sells 40,000 Shares of Stock

Brinker International, Inc. (NYSE:EAT) CEO Kevin Hochman sold 40,000 shares of the business’s stock in a transaction that occurred on Thursday, October 29th. The shares were sold at an average price of $220.38, for a total value of $8,815,200.00. Following the completion of the transaction, the chief executive officer directly owned 104,603 shares in the company, valued at approximately $23,052,409.14. This trade represents a 27.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Kevin Hochman also recently made the following trade(s):

• On Monday, August 17th, Kevin Hochman sold 40,000 shares of Brinker International stock. The shares were sold at an average price of $243.15, for a total value of $9,726,000.00.
• On Thursday, August 13th, Kevin Hochman sold 40,000 shares of Brinker International stock. The shares were sold at an average price of $241.41, for a total transaction of $9,656,400.00.

Brinker International Stock Down 3.5%

NYSE:EAT traded down $7.63 during trading hours on Friday, hitting $212.27. 1,213,678 shares of the company traded hands, compared to its average volume of 1,208,360. Brinker International, Inc. has a one year low of $100.30 and a one year high of $254.99. The firm’s 50-day simple moving average is $209.85 and its 200-day simple moving average is $174.36. The company has a market cap of $8.87 billion, a PE ratio of 18.69, a PEG ratio of 1.20 and a beta of 1.25. The company has a quick ratio of 0.40, a current ratio of 0.34 and a debt-to-equity ratio of 1.13.

Brinker International (NYSE:EAT) last issued its quarterly earnings results on Wednesday, October 28th. The restaurant operator reported $2.77 EPS for the quarter, beating analysts’ consensus estimates of $2.45 by $0.32. The company had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.46 billion. Brinker International had a return on equity of 125.65% and a net margin of 8.44%. Brinker International’s revenue was up 9.4% on a year-over-year basis. During the same period last year, the business posted $2.17 earnings per share. Equities analysts predict that Brinker International, Inc. will post 13.44 earnings per share for the current year.

Institutional Investors Weigh In On Brinker International

Several hedge funds have recently bought and sold shares of the stock. One Way Holdings LLC purchased a new position in shares of Brinker International during the 3rd quarter valued at approximately $280,000. Virtue Capital Management LLC acquired a new stake in shares of Brinker International in the third quarter valued at $1,112,000. ProShare Advisors LLC raised its holdings in shares of Brinker International by 14.4% in the 3rd quarter. ProShare Advisors LLC now owns 7,089 shares of the restaurant operator’s stock valued at $1,372,000 after purchasing an additional 894 shares in the last quarter. Vise Technologies Inc. lifted its position in shares of Brinker International by 6.6% during the 3rd quarter. Vise Technologies Inc. now owns 2,078 shares of the restaurant operator’s stock worth $402,000 after buying an additional 129 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in Brinker International by 12.8% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 21,166 shares of the restaurant operator’s stock valued at $4,096,000 after buying an additional 2,400 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on EAT shares. Stephens reaffirmed an “overweight” rating and set a $300.00 price objective on shares of Brinker International in a report on Thursday. Piper Sandler lifted their target price on shares of Brinker International from $166.00 to $240.00 and gave the stock a “neutral” rating in a research report on Monday, August 17th. Weiss Ratings upgraded Brinker International from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, September 11th. Jefferies Financial Group upgraded Brinker International from a “hold” rating to a “buy” rating and raised their price target for the stock from $230.00 to $255.00 in a research report on Wednesday, October 14th. Finally, Raymond James Financial raised Brinker International from an “outperform” rating to a “strong-buy” rating and dropped their price target for the stock from $270.00 to $260.00 in a research report on Friday, October 16th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Brinker International has an average rating of “Moderate Buy” and an average target price of $249.80.

More Brinker International News

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

• Positive Sentiment: Brinker issued fiscal 2027 adjusted EPS guidance of $13.30–$13.90, above the $13.26 analyst consensus. The outlook supports expectations for continued earnings growth. Revenue guidance of $6.2 billion–$6.3 billion was also provided. Brinker International growth stock analysis
• Positive Sentiment: Recent first-quarter results exceeded expectations, with EPS of $2.77 versus the $2.45 consensus and revenue of $1.48 billion versus $1.46 billion. Revenue increased 9.4% year over year, while strong Chili’s traffic was highlighted as a key operating driver. Brinker advances on strong Q1 results and raised outlook
• Positive Sentiment: Several Wall Street firms raised their targets following the results. Wells Fargo lifted its target to $285, Robert W. Baird to $280, Citigroup to $277, TD Cowen to $270, Morgan Stanley to $262 and KeyCorp to $258. Stephens maintained an overweight rating with a $300 target. These targets imply substantial potential upside from recent trading levels. Analyst target changes
• Neutral Sentiment: Zacks characterized Brinker as a strong growth stock, though the item primarily reflects a style-based investment assessment rather than a new company announcement. Zacks growth stock analysis
• Negative Sentiment: Fiscal 2027 revenue guidance of $6.2 billion–$6.3 billion places the midpoint below the $6.3 billion consensus estimate, potentially tempering enthusiasm despite the above-consensus EPS outlook. The recent rally may also have encouraged investors to lock in gains.

About Brinker International

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.