Royal Bank of Canada raised its stake in Domino’s Pizza Inc (NASDAQ:DPZ – Free Report) by 5.2% in the 1st quarter, Holdings Channel reports. The institutional investor owned 448,221 shares of the restaurant operator’s stock after buying an additional 22,320 shares during the period. Royal Bank of Canada’s holdings in Domino’s Pizza were worth $160,817,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of DPZ. SHP Wealth Management purchased a new position in shares of Domino’s Pizza during the 4th quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of Domino’s Pizza by 97.1% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 69 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 34 shares during the period. MBM Wealth Consultants LLC purchased a new stake in shares of Domino’s Pizza in the first quarter valued at about $31,000. Cornerstone Planning Group LLC increased its position in Domino’s Pizza by 450.0% during the first quarter. Cornerstone Planning Group LLC now owns 99 shares of the restaurant operator’s stock worth $33,000 after purchasing an additional 81 shares during the last quarter. Finally, Johnson Financial Group Inc. increased its position in Domino’s Pizza by 200.0% during the third quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock worth $36,000 after purchasing an additional 56 shares during the last quarter. 94.63% of the stock is owned by institutional investors and hedge funds.
Key Domino’s Pizza News
Here are the key news stories impacting Domino’s Pizza this week:
- Positive Sentiment: Zacks Research made modest upward revisions to several near-term forecasts, raising estimated EPS for Q3 2026 to $4.25 from $4.22, Q4 2026 to $6.00 from $5.98, and Q2 2027 to $4.55 from $4.42. These changes suggest some confidence in Domino’s near-term earnings momentum.
- Positive Sentiment: Domino’s declared a quarterly dividend of $1.99 per share, equivalent to $7.96 annually and a yield of approximately 2.3%. The dividend is payable September 30 to shareholders of record September 15. Is Domino’s Stock Serving Up a Buying Opportunity?
- Neutral Sentiment: Analyst sentiment remains broadly constructive, with 18 Buy ratings, 12 Holds and one Sell rating, producing a “Moderate Buy” consensus and an average price target of $402.16. However, several firms have recently reduced their targets, reflecting caution after the latest results.
- Negative Sentiment: Zacks lowered its FY2026 EPS estimate to $18.44 from $18.59 and FY2028 estimate to $21.58 from $22.34. It also reduced estimates for Q3 2027, Q4 2027 and Q1 2028, indicating softer long-term earnings expectations despite the near-term increases.
- Negative Sentiment: CEO Russell Weiner sold 10,850 shares for approximately $3.59 million, reducing his direct ownership by 19.84%. While insider sales can be made for personal or tax reasons, the transaction may weigh on investor sentiment. Russell Weiner Sells 10,850 Shares of Domino’s Pizza Stock
- Negative Sentiment: Domino’s most recent quarterly report showed EPS of $4.07, below the $4.17 consensus estimate, although revenue increased 4.3% year over year to $1.19 billion. The earnings miss and subsequent reductions to some forecasts are likely contributing to the stock’s decline.
Analyst Upgrades and Downgrades
View Our Latest Stock Report on DPZ
Domino’s Pizza Price Performance
Shares of DPZ opened at $352.25 on Friday. The firm has a 50-day simple moving average of $313.85 and a two-hundred day simple moving average of $353.54. The stock has a market cap of $11.65 billion, a PE ratio of 19.98, a P/E/G ratio of 1.73 and a beta of 0.97. Domino’s Pizza Inc has a 1-year low of $282.00 and a 1-year high of $477.00.
Domino’s Pizza (NASDAQ:DPZ – Get Free Report) last posted its earnings results on Monday, July 20th. The restaurant operator reported $4.07 earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $1.19 billion during the quarter. During the same period in the previous year, the business earned $3.81 EPS. The business’s revenue was up 4.3% compared to the same quarter last year. As a group, sell-side analysts expect 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 announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $1.99 per share. This represents a $7.96 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Tuesday, September 15th. Domino’s Pizza’s dividend payout ratio (DPR) is 45.15%.
Insider Activity
In related news, EVP Kelly E. Garcia sold 12,430 shares of Domino’s Pizza stock in a transaction that occurred on Wednesday, July 22nd. The shares were sold at an average price of $322.04, for a total value of $4,002,957.20. Following the completion of the transaction, the executive vice president owned 9,352 shares in the company, valued at approximately $3,011,718.08. The trade was a 57.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Russell J. Weiner sold 10,850 shares of the company’s stock in a transaction that occurred on Friday, July 17th. The stock was sold at an average price of $330.83, for a total transaction of $3,589,505.50. Following the sale, the chief executive officer directly owned 43,829 shares in the company, valued at approximately $14,499,948.07. The trade was a 19.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 24,742 shares of company stock valued at $8,041,746. 0.89% of the stock is currently owned by corporate insiders.
About Domino’s Pizza
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.
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