Hsbc Holdings PLC trimmed its stake in shares of Yum! Brands, Inc. (NYSE:YUM – Free Report) by 8.1% in the first quarter, Holdings Channel.com reports. The fund owned 507,050 shares of the restaurant operator’s stock after selling 44,626 shares during the period. Hsbc Holdings PLC’s holdings in Yum! Brands were worth $78,837,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in Yum! Brands by 8.0% in the fourth quarter. Brighton Jones LLC now owns 7,861 shares of the restaurant operator’s stock valued at $1,055,000 after purchasing an additional 583 shares during the last quarter. First Trust Advisors LP raised its position in Yum! Brands by 124.5% during the second quarter. First Trust Advisors LP now owns 151,316 shares of the restaurant operator’s stock worth $22,422,000 after acquiring an additional 83,916 shares during the last quarter. CIBC Asset Management Inc lifted its holdings in shares of Yum! Brands by 10.0% in the second quarter. CIBC Asset Management Inc now owns 117,824 shares of the restaurant operator’s stock valued at $17,447,000 after purchasing an additional 10,755 shares in the last quarter. Treasurer of the State of North Carolina increased its stake in shares of Yum! Brands by 1.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 130,205 shares of the restaurant operator’s stock worth $19,294,000 after purchasing an additional 1,256 shares in the last quarter. Finally, HUB Investment Partners LLC raised its position in shares of Yum! Brands by 59.1% during the 2nd quarter. HUB Investment Partners LLC now owns 2,319 shares of the restaurant operator’s stock worth $344,000 after purchasing an additional 861 shares during the last quarter. 82.37% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Yum! Brands
In other news, CEO Christopher Lee Turner sold 270 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $148.14, for a total transaction of $39,997.80. Following the completion of the sale, the chief executive officer directly owned 64,282 shares in the company, valued at $9,522,735.48. This trade represents a 0.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Aaron Powell sold 6,001 shares of Yum! Brands stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $160.42, for a total value of $962,680.42. Following the sale, the chief executive officer owned 12,003 shares in the company, valued at $1,925,521.26. This represents a 33.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 12,423 shares of company stock worth $1,953,721 over the last three months. Insiders own 0.14% of the company’s stock.
Yum! Brands Stock Down 0.1%
Yum! Brands (NYSE:YUM – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $1.50 EPS for the quarter, beating the consensus estimate of $1.39 by $0.11. Yum! Brands had a negative return on equity of 23.51% and a net margin of 20.48%.The company had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same period last year, the company posted $1.30 earnings per share. The firm’s revenue was up 15.2% compared to the same quarter last year. On average, research analysts expect that Yum! Brands, Inc. will post 6.74 EPS for the current fiscal year.
Yum! Brands announced that its board has initiated a stock repurchase plan on Tuesday, June 16th that authorizes the company to repurchase $4.00 billion in outstanding shares. This repurchase authorization authorizes the restaurant operator to purchase up to 9.4% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.
Yum! Brands Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Wednesday, May 27th were issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Wednesday, May 27th. Yum! Brands’s dividend payout ratio (DPR) is presently 48.39%.
Wall Street Analysts Forecast Growth
YUM has been the topic of several recent research reports. Morgan Stanley upgraded Yum! Brands from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $180.00 to $185.00 in a research report on Wednesday, June 3rd. Weiss Ratings cut shares of Yum! Brands from a “buy (b+)” rating to a “buy (b)” rating in a research note on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft set a $177.00 price target on Yum! Brands in a research note on Thursday, April 30th. Evercore reissued an “outperform” rating on shares of Yum! Brands in a research note on Tuesday, June 16th. Finally, UBS Group reiterated a “buy” rating on shares of Yum! Brands in a report on Thursday, June 18th. Eleven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $174.81.
View Our Latest Analysis on YUM
More Yum! Brands News
Here are the key news stories impacting Yum! Brands this week:
- Positive Sentiment: Yum! Brands reiterated its upcoming second-quarter earnings schedule, keeping attention on potential bottom-line improvement when results are released later this month. Yum! Brands Announces Q2 2026 Earnings and Conference Call Details
- Positive Sentiment: Some analysts expect the Taco Bell lettuce scare to have a limited long-term impact, suggesting the stock could stabilize once the contamination issue is contained. The cyclosporiasis outbreak linked to Taco Bell is hitting some restaurant stocks, but don’t expect a long-term impact
- Neutral Sentiment: Investors are also focused on what Yum! Brands’ next quarterly report may show, with commentary pointing to expected earnings growth for the quarter. What to Expect From Yum! Brands’ Next Quarterly Earnings Report
- Negative Sentiment: Authorities linked Taco Bell’s shredded iceberg lettuce supplier to the cyclosporiasis outbreak, which could hurt Taco Bell sales, trigger cleanup costs, and create reputational risk for Yum! Brands. Sweetgreen Pares 26% Drop as Parasite Tied to Taco Bell Lettuce
- Negative Sentiment: Taco Bell has already removed the affected shredded lettuce in some states after government warnings, reinforcing concern that the outbreak may disrupt operations and consumer traffic in the near term. What to Expect From Yum! Brands’ Next Quarterly Earnings Report
About Yum! Brands
Yum! Brands, Inc (NYSE: YUM) is a global quick-service restaurant company that develops, operates and franchises a portfolio of well-known restaurant brands. The company’s principal brands are KFC, Pizza Hut and Taco Bell, each focused on distinct product categories—KFC on fried chicken and related menu items, Pizza Hut on pizza and complementary offerings, and Taco Bell on Mexican-inspired quick-service food. Yum! is headquartered in Louisville, Kentucky and was formed as Tricon Global Restaurants in 1997 when PepsiCo spun off its restaurant businesses, later adopting the Yum! Brands name.
The company’s operating model centers on brand development, system growth and franchising; a large portion of its restaurants are operated by independent franchisees, and Yum! generates revenue through franchise royalties and fees in addition to sales from company-operated locations.
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