The Wendy's Company (WEN)

THE WENDY’S COMPANY • 256 Gift Card Inc. • Adams Packing Association, Inc. • Citrus Acquisition Corporation • Oldemark LLC • Quality Is Our Recipe, LLC • SEPSCO, LLC • The Wendy’s National Advertising Program, Inc. • TIMWEN Partnership • TXL Corp. ...

IRS number

380471180

WEN stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$19.94

Low target

$18.75

High target

$22.00

Latest filings (excl ownership)

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S-3ASR

Automatic shelf registration

20 Dec 24

8-K

The Wendy’s Company Names Ken Cook Chief Financial Officer

31 Oct 24

The Wendy’s Company Reports Third Quarter 2024 Results

31 Oct 24

8-K

The Wendy’s Company Announces Executive Leadership Appointments

16 Sep 24

8-K

The Wendy’s Company Appoints Arthur Winkleblack Chairman of the Board

1 Aug 24

The Wendy’s Company Reports Second Quarter 2024 Results

1 Aug 24

8-K

The Wendy’s Company Names Abigail Pringle President, U.S. and E.J. Wunsch President, International

23 May 24

PX14A6G

Letter to shareholders

13 May 24

Transcripts

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WEN

Earnings call transcript

2024 Q3

31 Oct 24

WEN

Earnings call transcript

2024 Q2

1 Aug 24

WEN

Earnings call transcript

2024 Q1

2 May 24

WEN

Earnings call transcript

2023 Q4

15 Feb 24

WEN

Earnings call transcript

2023 Q3

2 Nov 23

WEN

Earnings call transcript

2023 Q2

9 Aug 23

WEN

Earnings call transcript

2023 Q2

9 Aug 23

WEN

Earnings call transcript

2023 Q1

10 May 23

WEN

Earnings call transcript

2022 Q4

1 Mar 23

WEN

Earnings call transcript

2022 Q4

13 Jan 23

Latest ownership filings

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Matthew Coley O'Brien

Financial summary

Financial statements Chart WEN financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Jan 23	Jan 22	Jan 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	554.53 mm	554.53 mm	554.53 mm	554.53 mm	554.53 mm	554.53 mm
Cash burn (monthly)	(no burn)	9.86 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	27.86 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	526.67 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	53.4	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

WEN institutional ownership history Ownership history

85.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	383	390	-1.8%
Opened positions	65	76	-14.5%
Closed positions	72	47	+53.2%
Increased positions	128	127	+0.8%
Reduced positions	118	118	–

13F shares	Current	Prev Q	Change
Total value	3.09 tn	2.92 tn	+5.7%
Total shares	178.06 mm	175.84 mm	+1.3%
Total puts	1.17 mm	1.50 mm	-22.4%
Total calls	1.37 mm	1.07 mm	+27.9%
Total put/call ratio	0.9	1.4	-39.3%

Largest owners	Shares	Value	Change
Trian Fund Management	30.51 mm	$534.58 bn	-3.2%
Vanguard	22.03 mm	$385.94 bn	+1.4%
BLK BlackRock	19.73 mm	$345.63 bn	NEW
Aqr Capital Management	11.12 mm	$194.82 bn	+63.2%
Harris Associates L P	9.09 mm	$159.23 bn	-4.2%
Point72 Asset Management	6.44 mm	$112.84 bn	+159.6%
Charles Schwab Investment Management	5.85 mm	$102.41 bn	-3.2%
STT State Street	5.19 mm	$90.89 bn	+0.7%
Allspring Global Investments	4.93 mm	$86.36 bn	-2.8%
JPM JPMorgan Chase & Co.	4.69 mm	$82.25 bn	-7.5%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	19.73 mm	+19.73 mm	NEW
BLK BlackRock	0.00	-19.61 mm	EXIT
Aqr Capital Management	11.12 mm	+4.31 mm	+63.2%
Point72 Asset Management	6.44 mm	+3.96 mm	+159.6%
Kodai Capital Management	1.18 mm	+1.18 mm	NEW
Capital Research Global Investors	0.00	-1.06 mm	EXIT
Assenagon Asset Management	0.00	-1.01 mm	EXIT
Trian Fund Management	30.51 mm	-995.27 k	-3.2%
IVZ Invesco	475.33 k	-986.33 k	-67.5%
BMO Bank of Montreal	127.89 k	-738.99 k	-85.2%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

WEN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
18 Dec 24	Suzanne M. Thuerk	RSU Common Stock	Grant	Acquire A	No	No	17,985	24,530
16 Dec 24	Kenneth M. Cook	RSU Common Stock	Grant	Acquire A	No	No	245	16,856
16 Dec 24	John Min	RSU Common Stock	Grant	Acquire A	No	No	208	14,308
16 Dec 24	E.J. Wunsch	RSU Common Stock	Grant	Acquire A	No	No	219	20,567
16 Dec 24	E.J. Wunsch	RSU Common Stock	Grant	Acquire A	No	No	81	20,348
16 Dec 24	Suzanne M. Thuerk	RSU Common Stock	Grant	Acquire A	No	No	27	6,545
16 Dec 24	Suzanne M. Thuerk	RSU Common Stock	Grant	Acquire A	No	No	11	6,518
16 Dec 24	Suzanne M. Thuerk	RSU Common Stock	Grant	Acquire A	No	No	57	6,507