64,108 Shares in Brinker International, Inc. $EAT Bought by M&G PLC

Posted by Stanley Muller on Nov 11th, 2026

M&G PLC bought a new stake in Brinker International, Inc. (NYSE:EAT – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 64,108 shares of the restaurant operator’s stock, valued at approximately $12,437,000.

Other hedge funds also recently modified their holdings of the company. BlackRock Inc. grew its holdings in Brinker International by 2.2% during the second 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 in the last quarter. State Street Corp raised its position in Brinker International by 3.5% in the 2nd quarter. State Street Corp now owns 1,748,760 shares of the restaurant operator’s stock valued at $293,786,000 after buying an additional 59,120 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in Brinker International by 0.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,170,612 shares of the restaurant operator’s stock valued at $167,128,000 after buying an additional 9,692 shares during the last quarter. Freestone Grove Partners LP bought a new position in Brinker International during the 2nd quarter valued at $91,237,000. Finally, Wellington Management Group LLP lifted its stake in Brinker International by 63.7% during the 2nd quarter. Wellington Management Group LLP now owns 413,472 shares of the restaurant operator’s stock valued at $69,463,000 after acquiring an additional 160,939 shares in the last quarter.

Analysts Set New Price Targets

A number of equities analysts have issued reports on EAT shares. Wall Street Zen raised shares of Brinker International from a “hold” rating to a “buy” rating in a report on Saturday, October 31st. Morgan Stanley increased their target price on shares of Brinker International from $260.00 to $262.00 and gave the company an “overweight” rating in a report on Thursday, October 29th. Robert W. Baird increased their target price on shares of Brinker International from $270.00 to $280.00 and gave the company an “outperform” rating in a report on Thursday, October 29th. Jefferies Financial Group raised shares of Brinker International from a “hold” rating to a “buy” rating and raised their price target for the company from $230.00 to $255.00 in a research report on Wednesday, October 14th. Finally, DA Davidson cut their price target on shares of Brinker International from $240.00 to $210.00 and set a “neutral” rating on the stock in a report on Monday, September 21st. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $249.80.

Check Out Our Latest Stock Report on EAT

Brinker International Stock Performance

EAT stock opened at $195.45 on Wednesday. The company has a quick ratio of 0.29, a current ratio of 0.34 and a debt-to-equity ratio of 1.13. The firm has a market cap of $8.12 billion, a PE ratio of 17.21, a P/E/G ratio of 1.03 and a beta of 1.36. The business has a 50 day moving average of $204.97 and a 200-day moving average of $176.17. Brinker International, Inc. has a 12-month low of $103.74 and a 12-month high of $254.99.

Brinker International (NYSE:EAT – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The restaurant operator reported $2.77 EPS for the quarter, topping analysts’ consensus estimates of $2.45 by $0.32. Brinker International had a return on equity of 125.65% and a net margin of 8.44%. The business had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.46 billion. During the same period last year, the company posted $2.17 earnings per share. Brinker International’s quarterly revenue was up 9.4% compared to the same quarter last year. As a group, sell-side analysts expect that Brinker International, Inc. will post 13.70 earnings per share for the current year.

Insider Activity

In related news, Director Joseph DePinto sold 25,000 shares of the business’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $230.39, for a total value of $5,759,750.00. Following the transaction, the director directly owned 77,812 shares of the company’s stock, valued at approximately $17,927,106.68. The trade was a 24.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Kevin Hochman sold 40,000 shares of the business’s stock in a transaction dated Thursday, October 29th. The stock was sold at an average price of $220.38, for a total transaction 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 $23,052,409.14. This trade represents a 27.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 213,694 shares of company stock worth $50,383,890. 1.18% of the stock is owned by insiders.

About Brinker International

(Free Report)

Brinker International, Inc. is a casual-dining restaurant company based in Dallas, Texas. It owns, operates and franchises restaurants under the Chili’s Grill & Bar and Maggiano’s Little Italy brands. Chili’s serves a broad menu of American and Tex-Mex-inspired dishes, including burgers, ribs and fajitas. Maggiano’s specializes in Italian-American cuisine, with dishes such as pasta and other classic entrées. The company traces its roots to 1975, when founder Norman Brinker opened the first Chili’s restaurant in Dallas.