SG Americas Securities LLC Has $348,000 Holdings in The Wendy’s Company $WEN

SG Americas Securities LLC cut its position in The Wendy’s Company (NASDAQ:WENFree Report) by 60.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,001 shares of the restaurant operator’s stock after selling 76,034 shares during the quarter. SG Americas Securities LLC’s holdings in Wendy’s were worth $348,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in WEN. M&T Bank Corp lifted its stake in Wendy’s by 8.4% in the second quarter. M&T Bank Corp now owns 16,987 shares of the restaurant operator’s stock valued at $194,000 after acquiring an additional 1,310 shares during the last quarter. State of Alaska Department of Revenue increased its stake in shares of Wendy’s by 1.5% during the 4th 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 during the last quarter. Brown Financial Advisors increased its stake in shares of Wendy’s by 4.7% during the 2nd 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 during the last quarter. Bank of Nova Scotia raised its holdings in shares of Wendy’s by 3.4% in the 3rd quarter. Bank of Nova Scotia now owns 40,993 shares of the restaurant operator’s stock valued at $375,000 after purchasing an additional 1,343 shares during the period. Finally, Transcend Capital Advisors LLC raised its holdings in shares of Wendy’s by 10.3% in the 4th quarter. Transcend Capital Advisors LLC now owns 14,449 shares of the restaurant operator’s stock valued at $120,000 after purchasing an additional 1,350 shares during the period. 85.96% of the stock is currently owned by institutional investors and hedge funds.

Wendy’s Trading Up 1.9%

Shares of Wendy’s stock opened at $7.59 on Friday. The firm has a 50-day moving average of $7.39 and a 200-day moving average of $7.52. The stock has a market cap of $1.45 billion, a PE ratio of 9.73, a PEG ratio of 0.54 and a beta of 0.36. The Wendy’s Company has a 52-week low of $6.07 and a 52-week high of $12.00. The company has a debt-to-equity ratio of 29.25, a quick ratio of 1.81 and a current ratio of 1.83.

Wendy’s (NASDAQ:WENGet Free Report) last released its quarterly earnings results on Friday, May 8th. The restaurant operator reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. Wendy’s had a net margin of 6.77% and a return on equity of 136.46%. The business had revenue of $432.30 million for the quarter, compared to analyst estimates of $518.03 million. During the same period last year, the firm earned $0.20 earnings per share. Wendy’s’s revenue for the quarter was up 3.3% compared to the same quarter last year. Wendy’s has set its FY 2026 guidance at 0.560-0.600 EPS. As a group, sell-side analysts forecast that The Wendy’s Company will post 0.58 EPS for the current year.

Wendy’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.56 annualized dividend and a dividend yield of 7.4%. Wendy’s’s dividend payout ratio (DPR) is currently 71.79%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of Wendy’s in a research note on Monday, April 20th. Wall Street Zen raised Wendy’s from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Argus upgraded Wendy’s from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a research note on Wednesday, May 13th. Stifel Nicolaus set a $6.00 price objective on Wendy’s in a research report on Thursday, April 30th. Finally, TD Cowen reiterated a “hold” rating and set a $6.00 target price on shares of Wendy’s in a research note on Tuesday, May 12th. Five equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Wendy’s has an average rating of “Reduce” and an average price target of $8.56.

View Our Latest Stock Report on WEN

Wendy’s News Roundup

Here are the key news stories impacting Wendy’s this week:

About Wendy’s

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Wendy's (NASDAQ:WEN)

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