Sei Investments Co. Boosts Stake in The Wendy’s Company $WEN

Sei Investments Co. boosted its position in The Wendy’s Company (NASDAQ:WEN) by 48.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 218,643 shares of the restaurant operator’s stock after purchasing an additional 71,279 shares during the period. Sei Investments Co.’s holdings in Wendy’s were worth $1,520,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Hilton Head Capital Partners LLC purchased a new stake in shares of Wendy’s in the fourth quarter worth approximately $30,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of Wendy’s during the 1st quarter worth approximately $30,000. Fifth Third Bancorp boosted its holdings in Wendy’s by 161.0% during the 4th quarter. Fifth Third Bancorp now owns 3,829 shares of the restaurant operator’s stock valued at $32,000 after acquiring an additional 2,362 shares during the period. SJS Investment Consulting Inc. bought a new position in Wendy’s in the 1st quarter valued at $32,000. Finally, Gen Wealth Partners Inc bought a new position in Wendy’s in the 4th quarter valued at $33,000. Hedge funds and other institutional investors own 85.96% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on WEN shares. KeyCorp reiterated a “sector weight” rating on shares of Wendy’s in a research report on Wednesday, June 10th. Argus upgraded shares of Wendy’s from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a report on Wednesday, May 13th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Wendy’s in a research note on Monday. UBS Group reiterated a “neutral” rating and set a $8.00 price objective on shares of Wendy’s in a report on Monday. Finally, Morgan Stanley set a $5.50 price objective on shares of Wendy’s in a research report on Monday. Two analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $7.76.

Wendy’s Trading Down 5.1%

NASDAQ:WEN opened at $7.30 on Tuesday. The Wendy’s Company has a one year low of $6.07 and a one year high of $10.84. The company has a debt-to-equity ratio of 27.95, a quick ratio of 1.88 and a current ratio of 1.90. The firm has a market cap of $1.39 billion, a P/E ratio of 11.06, a P/E/G ratio of 0.57 and a beta of 0.37. The firm has a 50-day simple moving average of $7.39 and a 200-day simple moving average of $7.40.

Wendy’s (NASDAQ:WEN) last announced its quarterly earnings results on Friday, August 7th. The restaurant operator reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.02. Wendy’s had a net margin of 5.72% and a return on equity of 115.31%. The firm had revenue of $570.57 million during the quarter, compared to analysts’ expectations of $557.13 million. During the same quarter in the prior year, the company earned $0.29 EPS. The company’s revenue was up 1.8% compared to the same quarter last year. Equities analysts anticipate that The Wendy’s Company will post 0.57 EPS for the current fiscal year.

Wendy’s Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.07 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.28 dividend on an annualized basis and a yield of 3.8%. Wendy’s’s dividend payout ratio is currently 84.85%.

More Wendy’s News

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

• Positive Sentiment: New CEO vows to restore food quality and improve customer traffic, offering a potential turnaround strategy as management develops a broader plan for the business. New Wendy’s CEO Vows to Restore Quality and Revive Customer Traffic
• Neutral Sentiment: Activist investor Nelson Peltz continues to pressure Wendy’s, which could lead to strategic changes or value-creating actions, but also highlights investor dissatisfaction with current performance. WEN Stock Alert: Wendy’s Cuts Payout as Activist Investor Peltz Circles
• Negative Sentiment: Wendy’s reported a 7% decline in U.S. same-store sales for the second quarter, worse than Jefferies’ projected 5.7% decline. Analysts said weak traffic and near-term trends could remain challenging while the new leadership team formulates its strategy. Wendy’s Q2 same-store sales fall short as traffic remains under pressure
• Negative Sentiment: The company cut its dividend and reduced annual guidance, directly weakening the income and earnings outlook for shareholders. WEN Stock Alert: Wendy’s Cuts Payout as Activist Investor Peltz Circles
• Negative Sentiment: Analysts’ latest views were unfavorable, with concerns that Wendy’s is closing restaurants, losing customer traffic and struggling to regain momentum. Why Wendy’s Stock Wilted on Monday
• Negative Sentiment: Burger King reclaimed the No. 2 U.S. burger-chain ranking after reporting 8.5% same-store sales growth, underscoring Wendy’s competitive losses and weakening brand momentum. Burger King dethrones struggling Wendy’s

About Wendy’s

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.