Brinker International (NYSE:EAT) CEO Kevin Hochman Sells 40,000 Shares of Stock

Brinker International, Inc. (NYSE:EAT) CEO Kevin Hochman sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $243.15, for a total transaction of $9,726,000.00. Following the sale, the chief executive officer directly owned 144,090 shares of the company’s stock, valued at approximately $35,035,483.50. This trade represents a 21.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• 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 2.7%

Brinker International stock opened at $235.22 on Wednesday. The company has a market capitalization of $10.09 billion, a PE ratio of 21.60, a PEG ratio of 1.32 and a beta of 1.23. Brinker International, Inc. has a 12-month low of $100.30 and a 12-month high of $253.71. The firm’s fifty day moving average is $190.57 and its 200 day moving average is $161.90. The company has a quick ratio of 0.35, a current ratio of 0.45 and a debt-to-equity ratio of 0.95.

Brinker International (NYSE:EAT) last posted its quarterly earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 EPS for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). Brinker International had a return on equity of 122.35% and a net margin of 8.39%.The company had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.53 billion. During the same quarter in the previous year, the business posted $2.30 earnings per share. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. As a group, sell-side analysts predict that Brinker International, Inc. will post 13.24 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on EAT. TD Cowen upped their price target on Brinker International from $210.00 to $270.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Bank of America raised their price objective on Brinker International from $224.00 to $310.00 and gave the company a “buy” rating in a research note on Friday, August 14th. Citigroup boosted their price objective on Brinker International from $227.00 to $282.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Northcoast Research lowered Brinker International from a “buy” rating to a “neutral” rating in a research report on Friday, August 14th. Finally, Piper Sandler increased their target price on Brinker International from $166.00 to $240.00 and gave the stock a “neutral” rating in a report on Monday. Sixteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $238.05.

Hedge Funds Weigh In On Brinker International

Hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. raised its stake in shares of Brinker International by 2.2% in the second quarter. BlackRock Inc. now owns 6,729,477 shares of the restaurant operator’s stock worth $1,130,552,000 after purchasing an additional 145,525 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Brinker International by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 4,819,397 shares of the restaurant operator’s stock valued at $691,680,000 after buying an additional 73,346 shares during the last quarter. UBS Group AG boosted its position in shares of Brinker International by 103.2% during the fourth quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator’s stock valued at $427,066,000 after buying an additional 1,511,266 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Brinker International by 27.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,393,604 shares of the restaurant operator’s stock worth $176,542,000 after buying an additional 301,912 shares in the last quarter. Finally, Balyasny Asset Management L.P. grew its holdings in 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 worth $163,938,000 after buying an additional 993,435 shares in the last quarter.

Trending Headlines about Brinker International

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

• Positive Sentiment: Zacks highlighted rising earnings estimates for Brinker International, suggesting improving analyst expectations could support the shares. The company recently reported revenue growth of 5.1% year over year and expects fiscal 2027 EPS of $12.60 to $13.40. Earnings Estimates Moving Higher for Brinker International
• Positive Sentiment: Brinker’s strong price momentum and growth profile remain supportive factors. Zacks noted that EAT had gained 5.31% over the prior week and may appeal to momentum and growth investors. Brinker International Growth Stock Analysis
• Neutral Sentiment: Piper Sandler raised its price target from $166 to $240 but kept a Neutral rating, indicating improved expectations while signaling limited upside at recent levels. Northcoast Research also moved its rating to Neutral. Piper Sandler Raises Brinker Price Target
• Negative Sentiment: Several senior executives reduced their holdings. CEO Kevin Hochman sold 40,000 shares for approximately $9.7 million, while SVP Daniel Fuller, EVPs George Felix and Aaron White, COO Douglas Comings, and Director Cindy Davis also reported sales. The breadth of the transactions may weigh on sentiment, although some sales were conducted under a Rule 10b5-1 plan or to cover taxes related to vested shares. Brinker Insider Sales After Record Stock Surge

About Brinker International

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.