Trexquant Investment LP Purchases 31,955 Shares of The Wendy's Company $WEN

Key Points

• Trexquant Investment LP increased its stake in The Wendy's Company by 3.1%, owning 1,055,137 shares valued at approximately $15.44 million.
• The company recently reported $0.29 EPS for the last quarter, surpassing the consensus estimate of $0.25, and set its FY 2025 guidance between $0.820 and $0.89 EPS.
• Wendy's declared a quarterly dividend of $0.14 per share, reflecting a dividend yield of 5.3%, set to be paid on September 16th.

Trexquant Investment LP increased its holdings in shares of The Wendy's Company (NASDAQ:WEN - Free Report) by 3.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,055,137 shares of the restaurant operator's stock after buying an additional 31,955 shares during the quarter. Trexquant Investment LP owned about 0.55% of Wendy's worth $15,437,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of WEN. Charles Schwab Investment Management Inc. grew its stake in Wendy's by 7.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 6,767,723 shares of the restaurant operator's stock valued at $99,012,000 after purchasing an additional 464,444 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Wendy's by 5.9% during the 1st quarter. Bank of New York Mellon Corp now owns 2,577,359 shares of the restaurant operator's stock valued at $37,707,000 after purchasing an additional 142,500 shares during the period. CWM LLC grew its holdings in shares of Wendy's by 22.6% in the 1st quarter. CWM LLC now owns 200,375 shares of the restaurant operator's stock worth $2,931,000 after acquiring an additional 36,954 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of Wendy's in the 1st quarter worth $1,084,000. Finally, Sivia Capital Partners LLC purchased a new position in shares of Wendy's during the first quarter valued at $326,000. 85.96% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Wendy's news, CMO Lindsay J. Radkoski acquired 5,050 shares of Wendy's stock in a transaction that occurred on Tuesday, June 3rd. The stock was acquired at an average cost of $11.68 per share, for a total transaction of $58,984.00. Following the purchase, the chief marketing officer owned 28,956 shares of the company's stock, valued at approximately $338,206.08. This represents a 21.12% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 17.00% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Sanford C. Bernstein set a $13.00 price objective on Wendy's in a research report on Monday, May 5th. Loop Capital reduced their price target on Wendy's from $21.00 to $16.00 and set a "buy" rating on the stock in a research report on Wednesday, July 16th. Citigroup raised Wendy's from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 8th. Piper Sandler reissued an "overweight" rating and issued a $13.00 price target on shares of Wendy's in a research note on Friday, August 8th. Finally, BTIG Research reissued a "neutral" rating on shares of Wendy's in a research note on Friday, August 8th. Three research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $13.82.

Wendy's Price Performance

WEN traded up $0.11 during trading on Friday, hitting $10.61. 6,057,868 shares of the stock traded hands, compared to its average volume of 6,879,734. The Wendy's Company has a twelve month low of $9.74 and a twelve month high of $20.60. The company has a market cap of $2.02 billion, a price-to-earnings ratio of 11.05, a PEG ratio of 1.99 and a beta of 0.37. The company has a debt-to-equity ratio of 28.74, a current ratio of 1.45 and a quick ratio of 1.43. The business has a 50 day moving average price of $10.77 and a 200 day moving average price of $12.38.

Wendy's (NASDAQ:WEN - Get Free Report) last posted its quarterly earnings data on Friday, August 8th. The restaurant operator reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.04. The business had revenue of $560.93 million during the quarter, compared to the consensus estimate of $558.95 million. Wendy's had a return on equity of 103.07% and a net margin of 8.63%.Wendy's's quarterly revenue was down 1.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.27 earnings per share. Wendy's has set its FY 2025 guidance at 0.820-0.89 EPS. Equities research analysts forecast that The Wendy's Company will post 0.99 earnings per share for the current fiscal year.

Wendy's Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be paid a dividend of $0.14 per share. The ex-dividend date is Tuesday, September 2nd. This represents a $0.56 annualized dividend and a dividend yield of 5.3%. Wendy's's dividend payout ratio (DPR) is presently 58.33%.

Wendy's Profile

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.