Harvest Portfolios Group Inc. Buys 7,315 Shares of Restaurant Brands International Inc. $QSR

Harvest Portfolios Group Inc. grew its stake in shares of Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 15.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 56,221 shares of the restaurant operator’s stock after acquiring an additional 7,315 shares during the period. Harvest Portfolios Group Inc.’s holdings in Restaurant Brands International were worth $3,607,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quantbot Technologies LP bought a new stake in Restaurant Brands International during the 3rd quarter valued at $562,000. Xponance Inc. increased its stake in shares of Restaurant Brands International by 2.4% during the third quarter. Xponance Inc. now owns 35,369 shares of the restaurant operator’s stock valued at $2,269,000 after buying an additional 834 shares during the period. US Bancorp DE increased its stake in shares of Restaurant Brands International by 10.7% during the third quarter. US Bancorp DE now owns 8,226 shares of the restaurant operator’s stock valued at $528,000 after buying an additional 792 shares during the period. Fox Run Management L.L.C. bought a new stake in shares of Restaurant Brands International in the third quarter valued at about $781,000. Finally, Cary Street Partners Financial LLC lifted its stake in Restaurant Brands International by 2.6% in the third quarter. Cary Street Partners Financial LLC now owns 52,368 shares of the restaurant operator’s stock worth $3,359,000 after acquiring an additional 1,322 shares during the period. Institutional investors own 82.29% of the company’s stock.

Key Stories 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)

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Restaurant Brands International in a research report on Thursday, January 22nd. Royal Bank Of Canada dropped their price objective on shares of Restaurant Brands International from $82.00 to $80.00 and set an “outperform” rating on the stock in a research note on Friday, February 13th. JPMorgan Chase & Co. cut their price objective on shares of Restaurant Brands International from $77.00 to $72.00 and set an “overweight” rating on the stock in a report on Tuesday, February 24th. Barclays lowered their target price on Restaurant Brands International from $86.00 to $82.00 and set an “overweight” rating for the company in a report on Friday, February 13th. Finally, Guggenheim increased their target price on Restaurant Brands International from $79.00 to $80.00 and gave the company a “buy” rating in a research report on Friday. Twelve research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $77.20.

Insider Activity at Restaurant Brands International

In other news, insider Duncan Fulton sold 10,308 shares of Restaurant Brands International stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $67.51, for a total transaction of $695,893.08. Following the completion of the sale, the insider directly owned 49,677 shares in the company, valued at approximately $3,353,694.27. The trade was a 17.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Axel Schwan sold 34,939 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $67.51, for a total transaction of $2,358,731.89. Following the sale, the insider directly owned 194,984 shares in the company, valued at $13,163,369.84. This trade represents a 15.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 186,401 shares of company stock worth $12,857,069 in the last 90 days. 1.25% of the stock is owned by insiders.

Restaurant Brands International Stock Up 2.6%

Restaurant Brands International stock opened at $71.73 on Friday. Restaurant Brands International Inc. has a 1-year low of $58.71 and a 1-year high of $73.70. The business has a fifty day moving average price of $68.59 and a 200-day moving average price of $67.54. The company has a debt-to-equity ratio of 2.62, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a market capitalization of $24.85 billion, a price-to-earnings ratio of 30.39, a PEG ratio of 2.18 and a beta of 0.58.

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

Restaurant Brands International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Thursday, March 19th will be paid a $0.65 dividend. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.62. The ex-dividend date is Thursday, March 19th. This represents a $2.60 dividend on an annualized basis and a yield of 3.6%. Restaurant Brands International’s dividend payout ratio (DPR) is 105.08%.

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.