Global Retirement Partners LLC bought a new position in shares of Domino's Pizza Inc (NASDAQ:DPZ - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,166 shares of the restaurant operator's stock, valued at approximately $1,233,000.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Berkshire Hathaway Inc increased its position in Domino's Pizza by 12.3% during the fourth quarter. Berkshire Hathaway Inc now owns 3,350,000 shares of the restaurant operator's stock worth $1,396,347,000 after purchasing an additional 368,055 shares during the last quarter. Soroban Capital Partners LP acquired a new position in Domino's Pizza in the 1st quarter valued at about $895,251,000. T. Rowe Price Investment Management Inc. boosted its holdings in Domino's Pizza by 0.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,008,278 shares of the restaurant operator's stock valued at $837,091,000 after purchasing an additional 7,497 shares during the last quarter. State Street Corp grew its stake in shares of Domino's Pizza by 3.8% in the 4th quarter. State Street Corp now owns 1,368,924 shares of the restaurant operator's stock valued at $570,595,000 after buying an additional 49,613 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of Domino's Pizza by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 1,026,391 shares of the restaurant operator's stock valued at $432,033,000 after buying an additional 19,019 shares during the period. Institutional investors and hedge funds own 94.63% of the company's stock.
Domino's Pizza Stock Performance
NASDAQ:DPZ opened at $335.42 on Tuesday. Domino's Pizza Inc has a fifty-two week low of $282.00 and a fifty-two week high of $469.00. The company has a 50 day moving average price of $324.01 and a 200 day moving average price of $349.12. The stock has a market capitalization of $11.10 billion, a P/E ratio of 19.03, a PEG ratio of 1.67 and a beta of 0.94.
Domino's Pizza (NASDAQ:DPZ - Get Free Report) last announced its earnings results on Monday, July 20th. The restaurant operator reported $4.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.17 by ($0.10). Domino's Pizza had a net margin of 11.86% and a negative return on equity of 15.15%. The firm had revenue of $1.19 billion during the quarter. During the same quarter last year, the firm posted $3.81 earnings per share. The firm's revenue for the quarter was up 4.3% compared to the same quarter last year. Research analysts forecast that Domino's Pizza Inc will post 18.88 earnings per share for the current fiscal year.
Domino's Pizza Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $1.99 dividend. This represents a $7.96 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 15th. Domino's Pizza's payout ratio is currently 45.15%.
Insider Activity
In related news, EVP Kelly E. Garcia sold 12,430 shares of the firm's stock in a transaction dated Wednesday, July 22nd. The stock was sold at an average price of $322.04, for a total transaction of $4,002,957.20. Following the completion of the transaction, the executive vice president directly owned 9,352 shares in the company, valued at $3,011,718.08. This trade represents a 57.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Russell J. Weiner sold 10,850 shares of Domino's Pizza stock in a transaction dated Friday, July 17th. The shares were sold at an average price of $330.83, for a total value of $3,589,505.50. Following the completion of the transaction, the chief executive officer directly owned 43,829 shares of the company's stock, valued at approximately $14,499,948.07. This represents a 19.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 24,742 shares of company stock worth $8,041,746. 0.89% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Several analysts have recently commented on the stock. Benchmark reaffirmed a "buy" rating on shares of Domino's Pizza in a research report on Tuesday, July 21st. Evercore reissued an "outperform" rating on shares of Domino's Pizza in a research note on Thursday, July 9th. UBS Group restated a "buy" rating on shares of Domino's Pizza in a research report on Tuesday, July 21st. KeyCorp reaffirmed a "sector weight" rating on shares of Domino's Pizza in a research note on Tuesday, July 21st. Finally, Rothschild & Co Redburn lowered their price target on Domino's Pizza from $340.00 to $290.00 in a report on Monday, May 11th. Seventeen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $397.42.
Check Out Our Latest Stock Analysis on DPZ
Domino's Pizza Company Profile
(
Free Report)
Domino’s Pizza, Inc NASDAQ: DPZ is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.
Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.
Featured Stories
Want to see what other hedge funds are holding DPZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Domino's Pizza Inc (NASDAQ:DPZ - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Domino's Pizza, 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 Domino's Pizza wasn't on the list.
While Domino's Pizza currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
