Mufg Securities Canada LTD. Has $34.79 Million Position in Restaurant Brands International Inc. $QSR

Mufg Securities Canada LTD. lessened its stake in shares of Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 2.3% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 542,427 shares of the restaurant operator’s stock after selling 12,994 shares during the quarter. Mufg Securities Canada LTD. owned about 0.17% of Restaurant Brands International worth $34,793,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Intact Investment Management Inc. boosted its holdings in shares of Restaurant Brands International by 10.6% during the third quarter. Intact Investment Management Inc. now owns 759,391 shares of the restaurant operator’s stock worth $48,722,000 after acquiring an additional 72,800 shares during the period. Hillsdale Investment Management Inc. increased its stake in shares of Restaurant Brands International by 23,154.1% during the third quarter. Hillsdale Investment Management Inc. now owns 39,532 shares of the restaurant operator’s stock worth $2,535,000 after purchasing an additional 39,362 shares during the period. Machina Capital S.A.S. acquired a new stake in Restaurant Brands International during the 3rd quarter worth approximately $1,214,000. New York State Common Retirement Fund boosted its stake in Restaurant Brands International by 51.4% in the 3rd quarter. New York State Common Retirement Fund now owns 196,100 shares of the restaurant operator’s stock valued at $12,578,000 after purchasing an additional 66,600 shares during the period. Finally, Fiera Capital Corp grew its holdings in Restaurant Brands International by 17.2% in the 3rd quarter. Fiera Capital Corp now owns 4,946,163 shares of the restaurant operator’s stock valued at $317,191,000 after buying an additional 724,540 shares in the last quarter. Institutional investors own 82.29% of the company’s stock.

Insider Buying and Selling at Restaurant Brands International

In other Restaurant Brands International news, insider Thiago T. Santelmo sold 5,686 shares of Restaurant Brands International stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $67.51, for a total value of $383,861.86. Following the transaction, the insider owned 74,067 shares in the company, valued at $5,000,263.17. The trade was a 7.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Duncan Fulton sold 10,308 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $67.51, for a total transaction of $695,893.08. Following the completion of the transaction, the insider directly owned 49,677 shares of the company’s stock, valued at $3,353,694.27. This trade represents a 17.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 186,401 shares of company stock worth $12,857,069 over the last quarter. 1.25% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on QSR shares. JPMorgan Chase & Co. dropped their target price on Restaurant Brands International from $77.00 to $72.00 and set an “overweight” rating for the company in a report on Tuesday, February 24th. Scotiabank dropped their price objective on shares of Restaurant Brands International from $74.00 to $71.00 and set a “sector perform” rating for the company in a research note on Friday, February 13th. Wells Fargo & Company boosted their price objective on shares of Restaurant Brands International from $70.00 to $75.00 and gave the company an “equal weight” rating in a report on Friday. Sanford C. Bernstein set a $82.00 target price on shares of Restaurant Brands International in a report on Friday, February 13th. Finally, Royal Bank Of Canada cut their price target on Restaurant Brands International from $82.00 to $80.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. Twelve analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $77.20.

Restaurant Brands International Price Performance

Shares of NYSE:QSR opened at $71.73 on Friday. The firm has a 50 day moving average of $68.59 and a 200-day moving average of $67.54. Restaurant Brands International Inc. has a 12 month low of $58.71 and a 12 month high of $73.70. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 2.62. The stock has a market capitalization of $24.85 billion, a PE ratio of 30.39, a PEG ratio of 2.18 and a beta of 0.58.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last announced its quarterly earnings data on Thursday, February 12th. The restaurant operator reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.03. Restaurant Brands International had a net margin of 8.23% and a return on equity of 32.51%. The business had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.41 billion. During the same period last year, the firm posted $0.81 earnings per share. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. On average, equities research analysts predict that Restaurant Brands International Inc. will post 3.72 EPS for the current fiscal year.

Restaurant Brands International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Thursday, March 19th will be issued a dividend of $0.65 per share. This is an increase from Restaurant Brands International’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 3.6%. Restaurant Brands International’s payout ratio is presently 105.08%.

Key Headlines Impacting Restaurant Brands International

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

• Positive Sentiment: RBI reiterated its multi-year targets at its 2026 Investor Day — 8%+ organic adjusted operating income growth, 5%+ net restaurant growth by 2028, and plans to return >$1.6B to shareholders in 2026; this materially strengthens the cash-return and growth narrative. RBI Reaffirms Growth Algorithm and Capital Return Plan
• Positive Sentiment: Guggenheim raised its price target from $79 to $80 and maintained a “buy” rating — a vote of confidence that implies ~11.5% upside from the referenced price and likely helped buying interest. Guggenheim PT Raise to $80 (Tickerreport)
• Positive Sentiment: Wells Fargo lifted its target from $70 to $75 and kept an “equal weight” rating — incremental upside and another analyst endorsement supporting the rally. Wells Fargo Raises PT to $75 (Benzinga)
• Neutral Sentiment: Coverage piece on shifting narrative around RBI’s capital spending assumptions — may influence investor views on margins and free cash flow but is informational rather than a direct catalyst. How The Narrative On Restaurant Brands International Is Shifting (Yahoo)
• Neutral Sentiment: Other industry/company coverage and reviews appeared (general analysis pieces) that may affect attention/flow but are not direct catalysts. Reviewing Restaurant Brands International (AmericanBankingNews)
• Negative Sentiment: Insider sale reported — Sami Siddiqui sold 12,828 shares; insider selling can be perceived negatively even if not large enough to change fundamentals. Insider Sale by Sami Siddiqui (AmericanBankingNews)
• Negative Sentiment: JPMorgan published a pessimistic near-term forecast for QSR’s stock price — a counterpoint that could temper upside for more risk-averse investors. JPMorgan Pessimistic Forecast (AmericanBankingNews)

Restaurant Brands International Company Profile

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.