Kiltearn Partners LLP purchased a new stake in Restaurant Brands International Inc. (NYSE:QSR – Free Report) (TSE:QSR) in the 2nd quarter, HoldingsChannel reports. The fund purchased 50,394 shares of the restaurant operator’s stock, valued at approximately $3,654,000. Restaurant Brands International accounts for approximately 0.9% of Kiltearn Partners LLP’s holdings, making the stock its 27th biggest holding.
Other hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC purchased a new stake in shares of Restaurant Brands International in the first quarter worth about $237,000. WINTON GROUP Ltd purchased a new stake in shares of Restaurant Brands International during the 2nd quarter valued at about $265,000. State Street Corp lifted its position in Restaurant Brands International by 9,477.4% during the 2nd quarter. State Street Corp now owns 2,997,344 shares of the restaurant operator’s stock worth $198,711,000 after acquiring an additional 2,966,048 shares in the last quarter. Sei Investments Co. lifted its position in Restaurant Brands International by 188.7% during the 2nd quarter. Sei Investments Co. now owns 52,335 shares of the restaurant operator’s stock worth $3,469,000 after acquiring an additional 34,210 shares in the last quarter. Finally, Treasurer of the State of North Carolina purchased a new position in Restaurant Brands International in the 2nd quarter worth approximately $10,019,000. 82.29% of the stock is owned by hedge funds and other institutional investors.
Restaurant Brands International Price Performance
QSR opened at $80.74 on Friday. 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. The company has a 50-day moving average of $74.52 and a 200-day moving average of $74.24. The company has a debt-to-equity ratio of 2.49, a quick ratio of 0.92 and a current ratio of 1.01. Restaurant Brands International Inc. has a 1-year low of $61.33 and a 1-year high of $81.96.
Restaurant Brands International Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 18th will be issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Friday, September 18th. Restaurant Brands International’s dividend payout ratio (DPR) is currently 69.89%.
Wall Street Analysts Forecast Growth
QSR has been the subject of several recent research reports. Guggenheim increased their price objective on shares of Restaurant Brands International from $80.00 to $85.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Citigroup decreased their target price 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. Robert W. Baird raised their price target on shares of Restaurant Brands International from $72.00 to $80.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Scotiabank dropped their price target on shares of Restaurant Brands International from $83.00 to $81.00 and set a “sector perform” rating on the stock in a research note on Friday, August 7th. Finally, Barclays boosted their price objective on shares of Restaurant Brands International from $85.00 to $92.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Sixteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $83.70.
View Our Latest Research Report on QSR
More Restaurant Brands International News
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 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.
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