Leonteq Securities AG acquired a new position in shares of The Wendy’s Company (NASDAQ:WEN – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 94,283 shares of the restaurant operator’s stock, valued at approximately $785,000.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. M&T Bank Corp grew its holdings in shares of Wendy’s by 8.4% during the second quarter. M&T Bank Corp now owns 16,987 shares of the restaurant operator’s stock worth $194,000 after purchasing an additional 1,310 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in shares of Wendy’s by 1.5% during the fourth quarter. State of Alaska Department of Revenue now owns 91,885 shares of the restaurant operator’s stock worth $765,000 after purchasing an additional 1,321 shares in the last quarter. Brown Financial Advisors grew its holdings in shares of Wendy’s by 4.7% during the second quarter. Brown Financial Advisors now owns 29,908 shares of the restaurant operator’s stock worth $342,000 after purchasing an additional 1,339 shares in the last quarter. Bank of Nova Scotia grew its holdings in shares of Wendy’s by 3.4% during the third quarter. Bank of Nova Scotia now owns 40,993 shares of the restaurant operator’s stock worth $375,000 after purchasing an additional 1,343 shares in the last quarter. Finally, Transcend Capital Advisors LLC grew its holdings in shares of Wendy’s by 10.3% during the fourth quarter. Transcend Capital Advisors LLC now owns 14,449 shares of the restaurant operator’s stock worth $120,000 after purchasing an additional 1,350 shares in the last quarter. Hedge funds and other institutional investors own 85.96% of the company’s stock.
Analyst Ratings Changes
Several research analysts have recently commented on WEN shares. Evercore set a $8.00 price objective on Wendy’s in a report on Tuesday, February 17th. JPMorgan Chase & Co. reissued an “underweight” rating and set a $6.00 price objective (down from $7.00) on shares of Wendy’s in a report on Monday, May 11th. Wall Street Zen raised Wendy’s from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Deutsche Bank Aktiengesellschaft set a $8.00 price objective on Wendy’s in a report on Tuesday, February 17th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Wendy’s in a report on Monday, April 20th. Five equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Wendy’s presently has an average rating of “Reduce” and an average price target of $8.56.
Wendy’s Stock Performance
NASDAQ:WEN opened at $7.81 on Friday. The business has a 50 day moving average of $7.14 and a 200 day moving average of $7.79. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of 10.01, a PEG ratio of 0.55 and a beta of 0.35. The Wendy’s Company has a 1-year low of $6.37 and a 1-year high of $12.51. The company has a debt-to-equity ratio of 29.25, a current ratio of 1.83 and a quick ratio of 1.81.
Wendy’s (NASDAQ:WEN – Get Free Report) last released its earnings results on Friday, May 8th. The restaurant operator reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. The company had revenue of $432.30 million during the quarter, compared to the consensus estimate of $518.03 million. Wendy’s had a return on equity of 136.46% and a net margin of 6.77%.Wendy’s’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS. Wendy’s has set its FY 2026 guidance at 0.560-0.600 EPS. On average, sell-side analysts predict that The Wendy’s Company will post 0.58 earnings per share for the current fiscal year.
Wendy’s Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a $0.14 dividend. The ex-dividend date is Monday, June 1st. This represents a $0.56 dividend on an annualized basis and a yield of 7.2%. Wendy’s’s payout ratio is presently 71.79%.
About Wendy’s
The Wendy’s Company (NASDAQ:WEN) operates as a global quick-service restaurant chain, best known for its square-shaped beef patties, fresh ingredient sourcing and signature Frosty dessert. The company’s menu features a variety of hamburgers, chicken sandwiches, salads, breakfast sandwiches, sides and beverages, designed to appeal to a broad customer base seeking both classic and contemporary fast-food options. Wendy’s has placed particular emphasis on product innovation, introducing limited-time offerings and revamped core menu items to maintain customer interest and respond to evolving dining trends.
Founded in 1969 by entrepreneur Dave Thomas in Columbus, Ohio, Wendy’s expanded rapidly through both company-owned and franchised outlets.
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