denkapparat Operations GmbH Buys 1,190 Shares of Brinker International, Inc. $EAT

denkapparat Operations GmbH lifted its stake in Brinker International, Inc. (NYSE:EAT) by 62.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,082 shares of the restaurant operator’s stock after purchasing an additional 1,190 shares during the period. denkapparat Operations GmbH’s holdings in Brinker International were worth $556,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Concord Wealth Partners acquired a new stake in shares of Brinker International in the 2nd quarter valued at $25,000. Allworth Financial LP boosted its holdings in Brinker International by 105.8% in the second quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock valued at $26,000 after acquiring an additional 73 shares during the last quarter. AdvisorNet Financial Inc bought a new position in Brinker International in the second quarter valued at about $33,000. National Bank of Canada FI increased its position in Brinker International by 227.3% in the first quarter. National Bank of Canada FI now owns 252 shares of the restaurant operator’s stock worth $38,000 after purchasing an additional 175 shares during the period. Finally, GPS Wealth Strategies Group LLC raised its holdings in Brinker International by 52.1% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 219 shares of the restaurant operator’s stock worth $39,000 after purchasing an additional 75 shares during the last quarter.

Brinker International Stock Down 0.6%

Shares of NYSE:EAT opened at $105.98 on Wednesday. The company has a 50 day moving average price of $130.45 and a two-hundred day moving average price of $150.23. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.25 and a current ratio of 0.35. The company has a market capitalization of $4.71 billion, a PE ratio of 10.99, a PEG ratio of 0.77 and a beta of 1.38. Brinker International, Inc. has a 52 week low of $100.30 and a 52 week high of $192.21.

Brinker International (NYSE:EAT) last released its quarterly earnings data on Wednesday, October 29th. The restaurant operator reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.17. The business had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Brinker International had a net margin of 7.94% and a return on equity of 164.66%. The firm’s quarterly revenue was up 18.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.95 EPS. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. Analysts forecast that Brinker International, Inc. will post 8.3 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Harriet Edelman sold 8,325 shares of the stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $157.00, for a total transaction of $1,307,025.00. Following the completion of the sale, the director directly owned 28,905 shares of the company’s stock, valued at approximately $4,538,085. This represents a 22.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Douglas N. Comings sold 16,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $156.48, for a total transaction of $2,503,680.00. Following the sale, the chief operating officer owned 12,951 shares in the company, valued at $2,026,572.48. This trade represents a 55.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 68,325 shares of company stock worth $10,754,785 over the last ninety days. 1.43% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

EAT has been the topic of several recent research reports. Jefferies Financial Group reduced their target price on shares of Brinker International from $175.00 to $144.00 and set a “hold” rating on the stock in a research note on Monday, October 13th. Bank of America upgraded shares of Brinker International from a “neutral” rating to a “buy” rating and increased their price objective for the company from $190.00 to $192.00 in a report on Monday, October 6th. Evercore ISI raised shares of Brinker International from an “in-line” rating to an “outperform” rating and raised their price objective for the company from $190.00 to $210.00 in a research note on Thursday, September 4th. Morgan Stanley dropped their target price on shares of Brinker International from $161.00 to $160.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 22nd. Finally, BMO Capital Markets increased their price target on Brinker International from $150.00 to $170.00 and gave the company a “market perform” rating in a research note on Thursday, August 14th. Ten investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Brinker International currently has an average rating of “Moderate Buy” and an average price target of $165.67.

About Brinker International

Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.