Allspring Global Investments Holdings LLC Has $31.56 Million Stock Holdings in Wingstop Inc. $WING

Allspring Global Investments Holdings LLC reduced its stake in Wingstop Inc. (NASDAQ:WING) by 24.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 122,877 shares of the restaurant operator’s stock after selling 39,540 shares during the period. Allspring Global Investments Holdings LLC owned 0.44% of Wingstop worth $31,560,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of WING. Allworth Financial LP lifted its holdings in Wingstop by 17.3% during the 3rd quarter. Allworth Financial LP now owns 265 shares of the restaurant operator’s stock worth $67,000 after purchasing an additional 39 shares during the last quarter. Centaurus Financial Inc. boosted its position in shares of Wingstop by 0.8% during the 2nd quarter. Centaurus Financial Inc. now owns 5,555 shares of the restaurant operator’s stock worth $1,870,000 after acquiring an additional 46 shares in the last quarter. Ballentine Partners LLC increased its stake in shares of Wingstop by 5.0% in the 3rd quarter. Ballentine Partners LLC now owns 985 shares of the restaurant operator’s stock valued at $248,000 after purchasing an additional 47 shares during the last quarter. CBIZ Investment Advisory Services LLC boosted its stake in shares of Wingstop by 54.3% in the 3rd quarter. CBIZ Investment Advisory Services LLC now owns 142 shares of the restaurant operator’s stock valued at $36,000 after purchasing an additional 50 shares in the last quarter. Finally, Quadrant Capital Group LLC increased its position in Wingstop by 2.3% during the 3rd quarter. Quadrant Capital Group LLC now owns 2,583 shares of the restaurant operator’s stock worth $650,000 after purchasing an additional 59 shares in the last quarter.

Wingstop Stock Performance

Wingstop stock opened at $152.51 on Friday. The stock has a market cap of $4.17 billion, a PE ratio of 24.68, a price-to-earnings-growth ratio of 1.59 and a beta of 2.03. Wingstop Inc. has a fifty-two week low of $142.24 and a fifty-two week high of $388.14. The firm’s 50-day simple moving average is $228.23 and its 200 day simple moving average is $243.87.

Wingstop (NASDAQ:WING) last posted its earnings results on Wednesday, February 18th. The restaurant operator reported $1.00 EPS for the quarter, topping the consensus estimate of $0.84 by $0.16. Wingstop had a net margin of 25.01% and a negative return on equity of 16.12%. The firm had revenue of $175.69 million for the quarter, compared to analysts’ expectations of $177.74 million. During the same quarter last year, the firm earned $0.92 EPS. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. As a group, analysts predict that Wingstop Inc. will post 4.18 EPS for the current fiscal year.

Wingstop Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 6th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Friday, March 6th. Wingstop’s payout ratio is currently 19.42%.

Insider Activity at Wingstop

In other Wingstop news, Director Wesley S. Mcdonald sold 566 shares of Wingstop stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $250.00, for a total transaction of $141,500.00. Following the completion of the sale, the director directly owned 4,375 shares in the company, valued at $1,093,750. The trade was a 11.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kilandigalu Madati sold 2,700 shares of Wingstop stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $260.73, for a total value of $703,971.00. Following the sale, the director directly owned 2,583 shares of the company’s stock, valued at approximately $673,465.59. This trade represents a 51.11% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.72% of the stock is currently owned by insiders.

Wingstop News Summary

Here are the key news stories impacting Wingstop this week:

• Positive Sentiment: Piper Sandler upgraded WING to “overweight” and called the current share level an “attractive entry point,” setting a $190 price target (down from $283), signaling buy-side interest despite a lower PT. Article Title
• Positive Sentiment: Raymond James bumped WING to “strong-buy” with a $240 target (from $325), a vote of confidence that likely supported buying interest today. Article Title
• Positive Sentiment: Guggenheim kept a “buy” stance while trimming its target to $255 (from $315), reinforcing that analysts still see meaningful upside even after multiple PT cuts. Article Title
• Positive Sentiment: Retail/media coverage is upbeat — pieces highlighting Wingstop as “quite attractive” and “3 big reasons to love Wingstop” are amplifying retail interest and momentum. MSN Yahoo
• Neutral Sentiment: Wingstop scheduled its fiscal Q1 2026 results release and conference call for April 29 — an event that can drive near-term volatility and reposition expectations. PR Newswire
• Neutral Sentiment: BNP Paribas Exane initiated coverage (details pending), adding to analyst attention but not yet changing the consensus view materially. Article Title
• Negative Sentiment: Wells Fargo trimmed its price target to $225, and other firms have reduced targets from prior higher levels — a reminder that analysts are moderating long-term estimates even as they generally retain buy ratings. Article Title
• Negative Sentiment: Recent trading saw a pullback (coverage noted by Zacks) which highlights near-term downside risk and short-term volatility despite the analyst-driven rally. Zacks

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on WING shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Wingstop in a report on Friday, March 27th. Stephens reaffirmed an “overweight” rating and set a $375.00 target price on shares of Wingstop in a research report on Thursday, February 19th. Stifel Nicolaus reduced their price objective on shares of Wingstop from $325.00 to $250.00 and set a “buy” rating on the stock in a research note on Thursday, March 26th. Wolfe Research started coverage on shares of Wingstop in a report on Monday, March 9th. They issued an “outperform” rating and a $320.00 target price on the stock. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $350.00 price objective on shares of Wingstop in a research report on Monday, December 15th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $320.24.

Wingstop Profile

Wingstop Inc (NASDAQ: WING) is a fast-casual restaurant chain specializing in chicken wings and related menu items. Founded in 1994 in Garland, Texas, the company has built its brand around bold, chef-inspired wing flavors and a streamlined service model that caters to dine-in, takeout, delivery and catering orders.

The company’s core offerings include both bone-in and boneless chicken wings tossed in a variety of proprietary rubs and sauces, such as Original Hot, Lemon Pepper, and Mango Habanero.