Key Points
- Insider John Min acquired 1,700 shares of Wendy's on Nov. 19 at an average price of $8.18, bringing his holdings to 3,005 shares (a 130.27% increase) in a $13,906 transaction disclosed on an SEC Form 4.
- Wendy's declared a quarterly dividend of $0.14 per share (annualized $0.56) with a record date of Dec. 1 and payment date of Dec. 15, implying a yield of about 6.8%.
- The company reported Q3 EPS of $0.24, beating estimates by $0.04 while revenue fell 3% year-over-year, and set FY2025 EPS guidance of $0.82–$0.89 versus analyst expectations near $0.99.
The Wendy's Company (NASDAQ:WEN - Get Free Report) insider John Min acquired 1,700 shares of the business's stock in a transaction dated Wednesday, November 19th. The shares were bought at an average price of $8.18 per share, for a total transaction of $13,906.00. Following the completion of the acquisition, the insider owned 3,005 shares in the company, valued at approximately $24,580.90. This trade represents a 130.27% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Wendy's Trading Up 5.3%
Wendy's stock traded up $0.42 during trading on Friday, reaching $8.29. The company had a trading volume of 6,588,877 shares, compared to its average volume of 6,270,522. The Wendy's Company has a 12-month low of $7.83 and a 12-month high of $18.71. The company has a debt-to-equity ratio of 28.74, a quick ratio of 1.43 and a current ratio of 1.45. The stock's 50 day moving average price is $8.94 and its two-hundred day moving average price is $10.29. The firm has a market capitalization of $1.58 billion, a price-to-earnings ratio of 8.64, a PEG ratio of 1.63 and a beta of 0.38.
Wendy's (NASDAQ:WEN - Get Free Report) last posted its quarterly earnings results on Friday, November 7th. The restaurant operator reported $0.24 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.04. Wendy's had a net margin of 8.63% and a return on equity of 103.07%. The company had revenue of $442.50 million for the quarter, compared to the consensus estimate of $535.75 million. During the same quarter last year, the firm posted $0.25 earnings per share. Wendy's's revenue was down 3.0% on a year-over-year basis. Wendy's has set its FY 2025 guidance at 0.820-0.890 EPS. As a group, equities analysts expect that The Wendy's Company will post 0.99 earnings per share for the current fiscal year.
Wendy's Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend is Monday, December 1st. Wendy's's payout ratio is 59.57%.
Hedge Funds Weigh In On Wendy's
Institutional investors and hedge funds have recently bought and sold shares of the stock. Elevation Point Wealth Partners LLC acquired a new stake in Wendy's in the second quarter valued at approximately $25,000. Investors Research Corp acquired a new position in shares of Wendy's during the third quarter worth $27,000. Versant Capital Management Inc boosted its stake in shares of Wendy's by 19,693.8% in the third quarter. Versant Capital Management Inc now owns 3,167 shares of the restaurant operator's stock valued at $29,000 after purchasing an additional 3,151 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in Wendy's by 205.0% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 3,257 shares of the restaurant operator's stock valued at $30,000 after purchasing an additional 2,189 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC increased its stake in Wendy's by 35.0% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 4,017 shares of the restaurant operator's stock worth $46,000 after buying an additional 1,041 shares during the period. Hedge funds and other institutional investors own 85.96% of the company's stock.
Wall Street Analysts Forecast Growth
Several brokerages have commented on WEN. Northcoast Research lowered Wendy's from a "neutral" rating to a "sell" rating and set a $7.00 price target for the company. in a research note on Thursday, September 25th. Cowen reiterated a "hold" rating on shares of Wendy's in a report on Friday, August 8th. BMO Capital Markets restated a "market perform" rating and issued a $12.00 price target (down previously from $15.00) on shares of Wendy's in a report on Friday, August 8th. Citigroup raised shares of Wendy's from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 8th. Finally, Morgan Stanley set a $9.00 price objective on shares of Wendy's in a research report on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, sixteen have issued a Hold rating and five have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $10.86.
Check Out Our Latest Research Report on Wendy's
Wendy's Company Profile
(
Get Free Report)
The Wendy's Co engages in operating, developing, and franchising a system of quick-service restaurants. It operates through the following segments: Wendy's U.S., Wendy's International, and Global Real Estate and Development. The Wendy's U.S. segment includes the operation and franchising of Wendy's restaurants in the U.S.
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