Brinker International, Inc. $EAT Holdings Increased by VIRGINIA RETIREMENT SYSTEMS ET Al

Posted by Brian Himes on Nov 2nd, 2026

VIRGINIA RETIREMENT SYSTEMS ET Al increased its position in Brinker International, Inc. (NYSE:EAT – Free Report) by 12.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,166 shares of the restaurant operator’s stock after buying an additional 2,400 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.05% of Brinker International worth $4,096,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. boosted its position in Brinker International by 2.2% during the 2nd quarter. BlackRock Inc. now owns 6,729,477 shares of the restaurant operator’s stock worth $1,130,552,000 after buying an additional 145,525 shares during the period. State Street Corp raised its stake in shares of Brinker International by 3.5% during the second 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 during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of 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 valued at $167,128,000 after acquiring an additional 9,692 shares during the last quarter. Freestone Grove Partners LP bought a new position in shares of Brinker International during the second quarter valued at $91,237,000. Finally, Wellington Management Group LLP lifted its holdings in shares of 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 purchasing an additional 160,939 shares during the period.

Key Headlines Impacting Brinker International

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

Positive Sentiment: Brinker issued fiscal 2027 EPS guidance of $13.30–$13.90, above the $13.26 analyst consensus. The company’s strong first-quarter results, including accelerating Chili’s traffic, also supported investor optimism. Brinker International advances on strong Q1 results and raised outlook
Positive Sentiment: Analysts broadly raised their views following the results. Wells Fargo lifted its target to $285, Baird to $280, Citigroup to $277, TD Cowen to $270, Morgan Stanley to $262 and KeyCorp to $258; the firms maintained bullish ratings such as “buy,” “overweight” or “outperform.” Wells Fargo analyst recommendations
Positive Sentiment: Zacks highlighted Brinker as a strong growth stock, reinforcing the investment case based on its growth-oriented metrics. Why Brinker International is a strong growth stock
Neutral Sentiment: Fiscal 2027 revenue guidance of $6.2 billion–$6.3 billion is broadly in line with expectations, although its midpoint is slightly below the $6.3 billion consensus estimate.
Negative Sentiment: CEO Kevin Hochman sold 40,000 EAT shares for approximately $8.8 million, reducing his ownership by 27.66%. While the transaction does not necessarily indicate a change in business fundamentals, the sizable insider sale can weigh on sentiment. SEC insider ownership filing

Insider Transactions at Brinker International

In other news, CEO Kevin Hochman sold 40,000 shares of the company’s stock in a transaction dated Thursday, October 29th. The shares were sold at an average price of $220.38, for a total transaction of $8,815,200.00. Following the transaction, the chief executive officer owned 104,603 shares in the company, valued at approximately $23,052,409.14. This represents a 27.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director James Katzman sold 650 shares of the stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $220.09, for a total transaction 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 position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 213,694 shares of company stock valued at $50,383,890. 1.18% of the stock is owned by insiders.

Brinker International Stock Performance

NYSE:EAT opened at $212.27 on Monday. The company has a fifty day moving average of $209.45 and a 200-day moving average of $174.58. The firm has a market capitalization of $8.82 billion, a P/E ratio of 18.69, a P/E/G ratio of 1.07 and a beta of 1.25. The company has a quick ratio of 0.29, a current ratio of 0.34 and a debt-to-equity ratio of 1.13. Brinker International, Inc. has a twelve month low of $100.30 and a twelve month high of $254.99.

Brinker International (NYSE:EAT – Get Free Report) last issued its earnings results on Wednesday, October 28th. The restaurant operator reported $2.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.45 by $0.32. The business had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.46 billion. Brinker International had a net margin of 8.44% and a return on equity of 125.65%. Brinker International’s revenue was up 9.4% on a year-over-year basis. During the same period in the prior year, the firm earned $2.17 earnings per share. As a group, sell-side analysts anticipate that Brinker International, Inc. will post 13.67 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Jefferies Financial Group raised shares of Brinker International from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $230.00 to $255.00 in a research note on Wednesday, October 14th. TD Cowen raised their target price on Brinker International from $250.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday. Seaport Research Partners assumed coverage on Brinker International in a report on Wednesday, September 16th. They set a “buy” rating and a $230.00 target price on the stock. KeyCorp upped their price target on Brinker International from $250.00 to $258.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, UBS Group increased their price target on Brinker International from $190.00 to $260.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Three investment 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 stock. According to data from MarketBeat.com, Brinker International has an average rating of “Moderate Buy” and a consensus target price of $249.80.

Read Our Latest Stock Analysis on EAT

Brinker International Company Profile

(Free Report)

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.