--- title: "Summit Financial LLC Purchases New Stake in Brinker International, Inc. (NYSE:EAT)" description: "Summit Financial LLC acquired a new stake in Brinker International, Inc. (NYSE:EAT) during the 4th quarter, purchasing 2,333 shares valued at approximately $309,000. Other investors, including Henness" type: "news" locale: "en" url: "https://longbridge.com/en/news/234632836.md" published_at: "2025-04-05T08:24:31.000Z" --- # Summit Financial LLC Purchases New Stake in Brinker International, Inc. (NYSE:EAT) > Summit Financial LLC acquired a new stake in Brinker International, Inc. (NYSE:EAT) during the 4th quarter, purchasing 2,333 shares valued at approximately $309,000. Other investors, including Hennessy Advisors and Assenagon Asset Management, also increased their positions significantly. Analysts have raised target prices for EAT, with Wells Fargo setting it at $175.00. Insider trading activity included COO Douglas N. Comings selling 7,500 shares. Currently, Brinker International's stock is down 10.6%, with a market cap of $6.16 billion and a P/E ratio of 24.05. Summit Financial LLC acquired a new position in shares of Brinker International, Inc. (NYSE:EAT - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 2,333 shares of the restaurant operator's stock, valued at approximately $309,000. Get **Brinker International** alerts: - October’s Market Winners: A Look at the Top Performers Several other large investors also recently made changes to their positions in EAT. Hennessy Advisors Inc. purchased a new position in Brinker International in the fourth quarter valued at about $81,888,000. Assenagon Asset Management S.A. raised its holdings in shares of Brinker International by 2,612.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 588,594 shares of the restaurant operator's stock valued at $77,865,000 after buying an additional 566,894 shares during the period. Wedge Capital Management L L P NC lifted its position in Brinker International by 1,145.2% during the 4th quarter. Wedge Capital Management L L P NC now owns 416,044 shares of the restaurant operator's stock worth $55,038,000 after acquiring an additional 382,633 shares in the last quarter. American Century Companies Inc. boosted its holdings in Brinker International by 4,710.3% in the 4th quarter. American Century Companies Inc. now owns 280,824 shares of the restaurant operator's stock worth $37,150,000 after acquiring an additional 274,986 shares during the period. Finally, Wellington Management Group LLP grew its position in Brinker International by 55.1% in the third quarter. Wellington Management Group LLP now owns 618,728 shares of the restaurant operator's stock valued at $47,351,000 after acquiring an additional 219,836 shares in the last quarter. ## Wall Street Analysts Forecast Growth A number of research firms have recently commented on EAT. Wells Fargo & Company boosted their target price on shares of Brinker International from $145.00 to $175.00 and gave the stock an "equal weight" rating in a research report on Thursday, January 30th. Argus raised shares of Brinker International from a "hold" rating to a "buy" rating and set a $150.00 price objective for the company in a research report on Tuesday, December 24th. Northcoast Research raised Brinker International from a "neutral" rating to a "buy" rating and set a $215.00 target price on the stock in a research report on Thursday, January 30th. Barclays increased their price target on Brinker International from $150.00 to $190.00 and gave the company an "equal weight" rating in a report on Thursday, January 30th. Finally, BMO Capital Markets lifted their price objective on Brinker International from $105.00 to $125.00 and gave the stock a "market perform" rating in a report on Monday, January 27th. Fourteen investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $140.18. - Dining Out, Cashing In: 2 Restaurant Stocks Leading the Pack **Read Our Latest Analysis on Brinker International** ## Insiders Place Their Bets In other news, COO Douglas N. Comings sold 7,500 shares of Brinker International stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $187.90, for a total value of $1,409,250.00. Following the transaction, the chief operating officer now directly owns 34,252 shares of the company's stock, valued at $6,435,950.80. This trade represents a 17.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Cindy L. Davis sold 5,802 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $187.86, for a total transaction of $1,089,963.72. Following the sale, the director now owns 11,107 shares in the company, valued at $2,086,561.02. This represents a 34.31 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 20,802 shares of company stock worth $3,752,464. Company insiders own 1.72% of the company's stock. ## Brinker International Stock Down 10.6 % - Is Wingstop The Perfect Fast Casual Restaurant Model? EAT opened at $138.78 on Friday. The stock's 50 day moving average price is $156.46 and its 200 day moving average price is $128.85. The company has a debt-to-equity ratio of 4.96, a current ratio of 0.33 and a quick ratio of 0.27. The stock has a market cap of $6.16 billion, a P/E ratio of 24.05, a P/E/G ratio of 0.49 and a beta of 2.20. Brinker International, Inc. has a 12 month low of $43.37 and a 12 month high of $192.22. Brinker International (NYSE:EAT - Get Free Report) last issued its earnings results on Wednesday, January 29th. The restaurant operator reported $2.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.37 by $1.43. Brinker International had a return on equity of 879.47% and a net margin of 5.45%. As a group, research analysts predict that Brinker International, Inc. will post 8.3 earnings per share for the current year. ## Brinker International Company Profile (Free Report) 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. ## See Also - Five stocks we like better than Brinker International - The Role Economic Reports Play in a Successful Investment Strategy - Shares of RH Down Nearly 40%: Where Investors Can Turn To Now - 2 Fintech Stocks to Buy Now and 1 to Avoid - Tariffs, Spin-Out, and R2 Updates Are Positive Signs for Rivian - What is the S&P/TSX Index? - Cathie Wood Loads Up on Baidu—Is It the Right Time to Buy? *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in Brinker International Right Now? Before you consider Brinker International, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brinker International wasn't on the list. While Brinker International currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [EAT.US - Brinker](https://longbridge.com/en/quote/EAT.US.md) - [WFC.US - Wells Fargo](https://longbridge.com/en/quote/WFC.US.md) - [HNNA.US - Hennessy Advisors](https://longbridge.com/en/quote/HNNA.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 布林克国际|8-K:2026 财年 Q2 营收 14.52 亿美元超过预期 | | [Link](https://longbridge.com/en/news/273993558.md) | | 布林克国际高级副总裁兼首席运营官 Douglas N. Comings 报告出售普通股 | 道格拉斯·N·科明斯(Douglas N. 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