Kendall Capital Management Acquires New Position in Restaurant Brands International Inc. $QSR

Kendall Capital Management acquired a new stake in Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 13,045 shares of the restaurant operator’s stock, valued at approximately $946,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Capital World Investors raised its stake in shares of Restaurant Brands International by 7.7% during the 4th quarter. Capital World Investors now owns 43,525,570 shares of the restaurant operator’s stock worth $2,969,819,000 after buying an additional 3,095,167 shares in the last quarter. EdgePoint Investment Group Inc. boosted its stake in shares of Restaurant Brands International by 16.2% in the first quarter. EdgePoint Investment Group Inc. now owns 19,348,137 shares of the restaurant operator’s stock valued at $1,432,015,000 after buying an additional 2,703,134 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Restaurant Brands International by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 15,983,585 shares of the restaurant operator’s stock valued at $1,090,684,000 after buying an additional 344,066 shares in the last quarter. Morgan Stanley grew its holdings in Restaurant Brands International by 24.2% during the fourth quarter. Morgan Stanley now owns 8,429,121 shares of the restaurant operator’s stock worth $575,119,000 after acquiring an additional 1,641,870 shares during the period. Finally, Baupost Group LLC MA grew its holdings in Restaurant Brands International by 103.8% during the third quarter. Baupost Group LLC MA now owns 8,252,862 shares of the restaurant operator’s stock worth $529,337,000 after acquiring an additional 4,203,300 shares during the period. Institutional investors and hedge funds own 82.29% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Morgan Stanley increased their price objective on Restaurant Brands International from $78.00 to $79.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 15th. UBS Group boosted their target price on shares of Restaurant Brands International from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Barclays upped their price target on shares of Restaurant Brands International from $85.00 to $92.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Guggenheim increased their price target on shares of Restaurant Brands International from $80.00 to $85.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Finally, Citigroup reduced their price objective on shares of Restaurant Brands International from $84.00 to $78.00 and set a “neutral” rating for the company in a research note on Friday, July 24th. Sixteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $83.70.

Key Headlines Impacting Restaurant Brands International

Here are the key news stories impacting Restaurant Brands International this week:

• Positive Sentiment: Zacks raised its FY2027 EPS estimate to $4.31 from $4.25, suggesting improved expectations for Restaurant Brands International’s longer-term earnings growth. Zacks also increased its forecasts for Q3 2027, Q4 2027 and Q1 2028.
• Positive Sentiment: The upward revisions could support investor sentiment because they indicate analysts still see potential for earnings expansion beyond the company’s current-year consensus estimate of $4.03 per share.
• Neutral Sentiment: Zacks expects Q2 2028 EPS of $1.19, below its prior $1.22 forecast, but the estimate remains part of a broader set of longer-term projections that includes several upward revisions.
• Negative Sentiment: Zacks reduced its estimates for Q4 2026 EPS to $1.00 from $1.04 and Q2 2027 EPS to $1.09 from $1.15. These cuts point to possible near-term pressure on operating performance or consumer demand.
• Negative Sentiment: Scotiabank lowered its FY2027 EPS forecast to $4.40 from $4.47 and retained a “Sector Perform” rating with an $81 price target, indicating limited expected upside based on its valuation view.

Restaurant Brands International Stock Performance

NYSE QSR opened at $80.74 on Friday. The business has a 50 day moving average price of $74.52 and a 200 day moving average price of $74.24. The company has a market capitalization of $28.20 billion, a P/E ratio of 21.70, a PEG ratio of 2.19 and a beta of 0.50. Restaurant Brands International Inc. has a 1-year low of $61.33 and a 1-year high of $81.96. The company has a debt-to-equity ratio of 2.49, a current ratio of 1.01 and a quick ratio of 0.92.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last posted its earnings results on Thursday, August 6th. The restaurant operator reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.03. The company had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.52 billion. Restaurant Brands International had a return on equity of 33.43% and a net margin of 13.12%.Restaurant Brands International’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.94 earnings per share. Sell-side analysts expect that Restaurant Brands International Inc. will post 4.03 EPS for the current fiscal year.

Restaurant Brands International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 18th will be paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Friday, September 18th. Restaurant Brands International’s payout ratio is 69.89%.

About Restaurant Brands International

Restaurant Brands International Inc (NYSE: QSR) is a global quick-service restaurant company formed through the combination of established brands. The company’s principal holdings include Burger King, Tim Hortons and Popeyes, each of which operates under its own brand identity and menu. Restaurant Brands International’s business is centered on developing and expanding these franchised restaurant systems, supporting franchisees with brand management, supply chain coordination, and marketing programs.

RBI’s restaurants offer a range of quick-service food and beverage products: Burger King is known for its flame-grilled hamburgers and sandwiches, Tim Hortons for coffee, baked goods and breakfast items, and Popeyes for Louisiana-style fried chicken and seafood.