Citigroup Inc. Has $10.88 Million Stock Position in Restaurant Brands International Inc. $QSR

Citigroup Inc. increased its position in Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) by 50.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 169,548 shares of the restaurant operator’s stock after buying an additional 57,130 shares during the period. Citigroup Inc. owned 0.05% of Restaurant Brands International worth $10,879,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Hillsdale Investment Management Inc. boosted its holdings in Restaurant Brands International by 23,154.1% in the third quarter. Hillsdale Investment Management Inc. now owns 39,532 shares of the restaurant operator’s stock worth $2,535,000 after acquiring an additional 39,362 shares in the last quarter. Fiera Capital Corp raised its position in shares of Restaurant Brands International by 17.2% during the third quarter. Fiera Capital Corp now owns 4,946,163 shares of the restaurant operator’s stock worth $317,191,000 after purchasing an additional 724,540 shares during the period. Syon Capital LLC lifted its holdings in shares of Restaurant Brands International by 27.3% in the 3rd quarter. Syon Capital LLC now owns 5,160 shares of the restaurant operator’s stock worth $331,000 after purchasing an additional 1,108 shares in the last quarter. Vanguard Group Inc. grew its position in Restaurant Brands International by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 15,639,519 shares of the restaurant operator’s stock valued at $1,003,301,000 after purchasing an additional 335,793 shares during the period. Finally, Phillips Wealth Planners LLC grew its position in Restaurant Brands International by 21.8% in the 3rd quarter. Phillips Wealth Planners LLC now owns 4,192 shares of the restaurant operator’s stock valued at $289,000 after purchasing an additional 750 shares during the period. 82.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on QSR shares. Argus upgraded shares of Restaurant Brands International from a “hold” rating to a “buy” rating and set a $85.00 price objective on the stock in a report on Tuesday, December 2nd. Oppenheimer reaffirmed an “outperform” rating and issued a $80.00 price target on shares of Restaurant Brands International in a research report on Tuesday, November 25th. Citigroup decreased their price objective on Restaurant Brands International from $74.00 to $72.00 and set a “neutral” rating for the company in a report on Tuesday, February 3rd. BMO Capital Markets dropped their target price on Restaurant Brands International from $83.00 to $81.00 and set an “outperform” rating on the stock in a report on Friday, February 13th. Finally, JPMorgan Chase & Co. cut their target price on Restaurant Brands International from $77.00 to $72.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 24th. Twelve research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Restaurant Brands International presently has an average rating of “Moderate Buy” and an average price target of $77.20.

Trending Headlines about 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 Price Performance

Shares of NYSE QSR opened at $71.73 on Friday. Restaurant Brands International Inc. has a twelve month low of $58.71 and a twelve month high of $73.70. The stock’s 50 day moving average price is $68.59 and its 200-day moving average price is $67.54. The company 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. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 2.62.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued 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. Restaurant Brands International had a return on equity of 32.51% and a net margin of 8.23%.The company had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same period last year, the business posted $0.81 earnings per share. Restaurant Brands International’s revenue was up 7.4% on a year-over-year basis. On average, equities analysts anticipate that Restaurant Brands International Inc. will post 3.72 EPS for the current year.

Restaurant Brands International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Thursday, March 19th will be issued a $0.65 dividend. 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%.

Insider Activity at Restaurant Brands International

In other news, insider Jill Granat sold 11,525 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $67.51, for a total transaction of $778,052.75. Following the completion of the transaction, the insider directly owned 476,126 shares of the company’s stock, valued at $32,143,266.26. This represents a 2.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Sami A. Siddiqui sold 12,828 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $67.51, for a total transaction of $866,018.28. Following the sale, the chief financial officer owned 31,923 shares of the company’s stock, valued at approximately $2,155,121.73. The trade was a 28.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 186,401 shares of company stock valued at $12,857,069 in the last 90 days. 1.25% of the stock is currently owned by company insiders.

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.