Jupiter Topco LLC bought a new stake in shares of Brinker International, Inc. (NYSE:EAT – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 85,937 shares of the restaurant operator’s stock, valued at approximately $14,441,000. Jupiter Topco LLC owned 0.20% of Brinker International at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in EAT. Balyasny Asset Management L.P. increased its stake in shares of Brinker International by 667.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator’s stock valued at $163,938,000 after acquiring an additional 993,435 shares during the period. UBS Group AG boosted its stake in Brinker International by 155.2% during the 3rd quarter. UBS Group AG now owns 1,464,389 shares of the restaurant operator’s stock valued at $185,509,000 after purchasing an additional 890,593 shares in the last quarter. Norges Bank bought a new position in Brinker International during the 4th quarter valued at $83,603,000. Capital World Investors increased its position in shares of Brinker International by 96.5% during the 4th quarter. Capital World Investors now owns 1,137,863 shares of the restaurant operator’s stock valued at $163,306,000 after purchasing an additional 558,799 shares during the period. Finally, Samlyn Capital LLC increased its position in shares of Brinker International by 104.9% during the 3rd quarter. Samlyn Capital LLC now owns 878,584 shares of the restaurant operator’s stock valued at $111,299,000 after purchasing an additional 449,871 shares during the period.
More Brinker International News
Here are the key news stories impacting Brinker International this week:
- Positive Sentiment: Zacks Research raised most of its Brinker earnings outlook. Estimates increased for Q1 2027 EPS to $2.29 from $2.16, Q2 2027 to $3.24 from $3.03, Q3 2027 to $3.45 from $3.32, and Q4 2027 to $4.05 from $3.77. The FY2027 forecast rose to $13.03 from $12.29, suggesting stronger expected operating momentum.
- Positive Sentiment: Zacks also lifted its FY2028 EPS estimate to $13.66 from $13.33, raised Q1 2028 to $2.49 from $2.45 and Q3 2028 to $3.54 from $3.37. Its new FY2029 forecast is $14.90 per share, above the current-year consensus of approximately $13.24.
- Neutral Sentiment: The revisions were not uniformly positive: Zacks trimmed its Q2 2028 EPS estimate to $3.30 from $3.34. The mixed adjustment limits the significance of the broader forecast increases.
- Negative Sentiment: Senior Vice President and Chief Legal Officer Daniel Fuller sold 1,909 EAT shares for approximately $484,000 at an average price of $253.54, reducing his holdings by 5.95%. The transaction occurred near the stock’s 52-week high and may reinforce concerns about insider confidence. Daniel Fuller SEC insider-sale filing
- Negative Sentiment: Brinker’s latest quarterly results provide a counterweight to the bullish estimates: EPS of $3.07 narrowly missed the $3.09 consensus, although revenue reached $1.54 billion, rose 5.1% year over year and exceeded expectations. With shares trading at an elevated valuation after a substantial rally, investors may be taking profits despite the company’s solid sales growth and FY2027 EPS guidance of $12.60–$13.40.
Insider Transactions at Brinker International
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on EAT. Bank of America upped their price target on shares of Brinker International from $224.00 to $310.00 and gave the company a “buy” rating in a report on Friday, August 14th. Robert W. Baird started coverage on shares of Brinker International in a report on Monday, August 24th. They issued an “outperform” rating and a $325.00 target price on the stock. TD Cowen boosted their target price on shares of Brinker International from $210.00 to $270.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. BMO Capital Markets increased their target price on shares of Brinker International from $175.00 to $230.00 and gave the company a “market perform” rating in a research note on Thursday, August 13th. Finally, Wells Fargo & Company raised their target price on shares of Brinker International from $220.00 to $280.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. Seventeen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $242.19.
View Our Latest Research Report on Brinker International
Brinker International Stock Down 1.2%
EAT stock opened at $230.51 on Friday. Brinker International, Inc. has a 12-month low of $100.30 and a 12-month high of $254.99. The company has a quick ratio of 0.40, a current ratio of 0.45 and a debt-to-equity ratio of 0.95. The company has a market cap of $9.63 billion, a price-to-earnings ratio of 21.17, a PEG ratio of 1.19 and a beta of 1.24. The company has a 50 day moving average of $203.67 and a two-hundred day moving average of $166.24.
Brinker International (NYSE:EAT – Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 EPS for the quarter, missing the consensus estimate of $3.09 by ($0.02). Brinker International had a net margin of 8.39% and a return on equity of 122.35%. The company had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.53 billion. During the same quarter in the prior year, the firm earned $2.30 earnings per share. The company’s revenue was up 5.1% on a year-over-year basis. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. On average, equities analysts anticipate that Brinker International, Inc. will post 13.22 earnings per share for the current fiscal 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.
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