QSR

Restaurant Brands International Inc.

NYSE · Retail-Eating Places · Inc. A6 · CIK 0001618756
$74.85 +1.29% $34.2B
Insider Selling Cluster (5 insiders)High Impact Filing (7/10)31 New Institutional Positions13 Institutional Exits
Vol
Market Cap$34.2B
Cap SizeLarge Cap
Analyst ConsensusBuy (67%)
Inst. Holders50 funds
Inst. Value$17.1B
Inst. Activity31 buys / 13 sells
Insider Activity0B / 8S
Insider Net $-$29.2M
SEC Reports5
Exchange NYSE·Sector Retail-Eating Places·Inc. A6·CIK 0001618756·Prev Close $73.90

Recent Activity

Jun 12, 2026 short_volume
Short Volume: QSR — 69.3% short (0.6M / 0.9M)
Short: 590,751 | Exempt: 81 | TRF Vol: 852,712 | Short Ratio: 69.3% | Off-exchange volume (dark pool
Jun 11, 2026 SEC
Seven institutional investors, including activist Corvex and quant funds Citadel and Point72, accumulated $837.9M in QSR
INST-CLUSTER — Impact 6/10
Jun 4, 2026 Insider
SMITH MARCIA MARIE was granted 13,747 shares
Director
May 22, 2026 SEC
Restaurant Brands International filed an additional definitive proxy (DEFA14A) disclosing a December 2025 administrative
DEFA14A — Impact 3/10
May 6, 2026 SEC
RBI reported strong Q1 2026 results with total revenues of $2.264B (+7.4% YoY), GAAP diluted EPS from continuing operati
8-K — Impact 7/10
Apr 2, 2026 Insider
Housman Jeffrey was granted 246.079 shares
See Remarks
Apr 2, 2026 Insider
CURTIS THOMAS BENJAMIN was granted 21.73 shares
Pres., BK US & CA
Inst.
BANK OF MONTREAL /CAN/ — TRIM
9,011,952 shares ($667.0M)

Price Targets

$85.92 +14.8% upside Buy
Current $74.85 Low $78.00 Median $85.00 High $100.00 26 analysts
$78.00 $100.00

Analyst Ratings

Buy67% buy · 18 analysts
4Strong Buy
8Buy
6Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 26, 2026 Guggenheim MAINTAIN Buy → Buy
May 7, 2026 Citigroup MAINTAIN Neutral → Neutral
May 7, 2026 Scotiabank MAINTAIN Sector Perform → Sector Perform
May 7, 2026 Barclays MAINTAIN Overweight → Overweight
May 7, 2026 Wells Fargo MAINTAIN Equal-Weight → Equal-Weight

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $1.04 $0.98 — $1.10 11% YoY 25
Next Q $1.09 $1.03 — $1.16 6% YoY 25
Current FY $4.06 $3.85 — $4.17 10% YoY 26
Next FY $4.44 $4.22 — $4.71 10% YoY 27

Latest Reports

BULLISH INST-CLUSTER 6/10
Seven institutional investors, including activist Corvex and quant funds Citadel and Point72, accumulated $837.9M in QSR
Jun 11, 2026
NEUTRAL DEFA14A 3/10
Restaurant Brands International filed an additional definitive proxy (DEFA14A) disclosing a December 2025 administrative
May 22, 2026

Top Institutional Holders

FundValueMove
NOMURA ASSET MANAGEMENT CO——
Erste Asset Management GmbH——
Capital World Investors$3.2B—
Pershing Square Capital Management,$1.7B—
EdgePoint Investment Group Inc.$1.4B—

Recent Insider Trades

DateInsiderTypeValue
Jun 4, 2026SMITH MARCIAA$0.00
Apr 2, 2026Housman JeffreyA$0.00
Apr 2, 2026CURTIS THOMASA$0.00
Apr 2, 2026Housman JeffreyA$0.00
Apr 2, 2026PERDUE PETERA$0.00
50 institutional holders with $17.1B total value (231,943,260 shares) as of 2026-Q1. Top holders: NOMURA, Erste, Capital. Net buying activity: 31 institutions added/increased vs 13 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1NOMURA ASSET MANAGEMENT CO LTD—$0.000.0%—
2Erste Asset Management GmbH—$0.000.0%—
3Capital World Investors42,858,035$3.2B18.5%—
4Pershing Square Capital Management, L.P.22,645,483$1.7B9.8%—
5EdgePoint Investment Group Inc.19,348,137$1.4B8.4%—
6ROYAL BANK OF CANADA18,386,132$1.4B7.9%—
7VANGUARD CAPITAL MANAGEMENT LLC10,311,116$763.0M4.5%—
8BANK OF MONTREAL /CAN/9,011,952$667.0M3.9%TRIM -40.8%
9FMR LLC8,257,855$611.0M3.6%—
10BlackRock, Inc.7,989,508$590.4M3.4%—
11MORGAN STANLEY7,321,602$541.1M3.2%—
12GOLDMAN SACHS GROUP INC7,113,439$525.7M3.1%—
13CIBC WORLD MARKET INC.6,760,192$499.6M2.9%ADD +83.2%
14TD ASSET MANAGEMENT INC5,638,563$415.9M2.4%—
15BANK OF AMERICA CORP /DE/4,932,662$364.5M2.1%DOUBLED +143.9%
16DAVIS SELECTED ADVISERS3,599,127$266.0M1.6%—
171832 Asset Management L.P.3,585,870$265.0M1.5%—
18Invesco Ltd.3,543,002$261.8M1.5%—
19STATE STREET CORP3,514,684$261.8M1.5%—
20NATIONAL BANK OF CANADA /FI/3,553,001$259.8M1.5%—

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
BANK OF MONTREAL /CAN/TRIM15,219,9479,011,952-40.8%$667.0M2026-Q1
CIBC WORLD MARKET INC.ADD3,689,7066,760,192+83.2%$499.6M2026-Q1
BANK OF AMERICA CORP /DE/DOUBLED2,022,2084,932,662+143.9%$364.5M2026-Q1
TD Waterhouse Canada Inc.DOUBLED974,2012,361,339+142.4%$173.5M2026-Q1
LONDON CO OF VIRGINIANEW—2,002,235—$148.0M2026-Q1
TORONTO DOMINION BANKTRIM3,307,5841,766,273-46.6%$130.7M2026-Q1
Corvex Management LPTRIM2,408,7431,578,254-34.5%$116.6M2026-Q1
Connor, Clark & Lunn Investment Management Ltd.DOUBLED570,1381,153,250+102.3%$85.4M2026-Q1
Cullen Capital Management, LLCNEW—1,105,654—$81.7M2026-Q1
PUBLIC SECTOR PENSION INVESTMENT BOARDDOUBLED50,0071,006,381+1912.5%$74.5M2026-Q1
ENVESTNET ASSET MANAGEMENT INCADD468,156907,372+93.8%$67.1M2026-Q1
CAISSE DE DEPOT ET PLACEMENT DU QUEBECNEW—739,937—$54.6M2026-Q1
FEDERATED HERMES, INC.DOUBLED68,789604,681+779.0%$44.7M2026-Q1
OMERS ADMINISTRATION CorpNEW—550,000—$40.6M2026-Q1
CAPITOLIS LIQUID GLOBAL MARKETS LLCNEW—474,200—$35.0M2026-Q1
AustralianSuper Pty LtdNEW—418,755—$31.0M2026-Q1
BRITISH COLUMBIA INVESTMENT MANAGEMENT CorpADD171,808293,650+70.9%$21.7M2026-Q1
Point72 Asset Management, L.P.NEW—246,090—$18.2M2026-Q1
Soroban Capital Partners LPTRIM300,000172,015-42.7%$12.7M2026-Q1
Russell Investments Group, Ltd.ADD130,205168,384+29.3%$12.4M2026-Q1
FRANKLIN RESOURCES INCADD88,747136,298+53.6%$10.1M2026-Q1
Gotham Asset Management, LLCADD78,474126,018+60.6%$9.3M2026-Q1
PICTON MAHONEY ASSET MANAGEMENTDOUBLED17,498125,696+618.3%$9.3M2026-Q1
SEI INVESTMENTS CODOUBLED52,564108,857+107.1%$8.0M2026-Q1
STIFEL FINANCIAL CORPADD54,23181,926+51.1%$6.1M2026-Q1
12 unique insiders with 50 transactions. Net insider value: -$29.2M ($0.00 bought, $29.2M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 4, 2026SMITH MARCIA MARIEDirectorAWARD13,747——
Apr 2, 2026Housman JeffreySee RemarksAWARD246.079——
Apr 2, 2026CURTIS THOMAS BENJAMINPres., BK US & CAAWARD21.73——
Apr 2, 2026Housman JeffreySee RemarksAWARD22.333——
Apr 2, 2026PERDUE PETERPresident, Popeyes-US & CanadaAWARD104.583——
Apr 2, 2026PERDUE PETERPresident, Popeyes-US & CanadaAWARD4.315——
Apr 2, 2026Schwan AxelPres., Tim Hortons US & CanadaAWARD492.159——
Apr 2, 2026Schwan AxelPres., Tim Hortons US & CanadaAWARD37.518——
Apr 2, 2026Kobza JoshuaChief Executive OfficerAWARD2,870.522——
Apr 2, 2026CURTIS THOMAS BENJAMINPres., BK US & CAAWARD553.678——
Apr 2, 2026Kobza JoshuaChief Executive OfficerAWARD61.994——
Apr 2, 2026Granat JillSee RemarksAWARD307.599——
Apr 2, 2026Granat JillSee RemarksAWARD34.322——
Apr 2, 2026Friesner JacquelineSee RemarksAWARD151.81——
Apr 2, 2026Friesner JacquelineSee RemarksAWARD16.687——
Apr 2, 2026Fulton DuncanChief Corporate OfficerAWARD183.577——
Apr 2, 2026Fulton DuncanChief Corporate OfficerAWARD21.218——
Apr 2, 2026DOYLE J PATRICKExecutive ChairmanAWARD7,236.386——
Apr 2, 2026DOYLE J PATRICKExecutive ChairmanAWARD1,929.703——
Apr 2, 2026SANTELMO THIAGO TPresident, InternationalAWARD265.028——
Apr 2, 2026SANTELMO THIAGO TPresident, InternationalAWARD18.926——
Apr 2, 2026Siddiqui Sami A.Chief Financial OfficerAWARD430.639——
Apr 2, 2026Siddiqui Sami A.Chief Financial OfficerAWARD21.29——
Mar 20, 2026Housman JeffreySee RemarksEXERCISE20,000$55.55$1.1M
Mar 20, 2026Housman JeffreySee RemarksSELL20,000$73.48$1.5M
Mar 18, 2026Kobza JoshuaChief Executive OfficerSELL200,000$75.05$15.0M
Mar 18, 2026Kobza JoshuaChief Executive OfficerEXERCISE200,000$56.92$11.4M
Mar 18, 2026Granat JillSee RemarksSELL25,000$75.09$1.9M
Mar 18, 2026Granat JillSee RemarksEXERCISE25,000$56.92$1.4M
Mar 17, 2026SANTELMO THIAGO TPresident, InternationalSELL10,000$75.41$754.1K
Mar 17, 2026SANTELMO THIAGO TPresident, InternationalEXERCISE10,000$55.55$555.5K
Mar 17, 2026Siddiqui Sami A.Chief Financial OfficerEXERCISE40,000$55.55$2.2M
Mar 17, 2026Siddiqui Sami A.Chief Financial OfficerSELL40,000$75.28$3.0M
Mar 16, 2026Granat JillSee RemarksSELL25,000$74.76$1.9M
Mar 16, 2026Granat JillSee RemarksEXERCISE25,000$56.92$1.4M
Mar 16, 2026Friesner JacquelineSee RemarksSELL30,000$74.61$2.2M
Mar 16, 2026Siddiqui Sami A.Chief Financial OfficerEXERCISE40,000$55.55$2.2M
Mar 16, 2026Siddiqui Sami A.Chief Financial OfficerSELL40,000$74.51$3.0M
Feb 25, 2026Housman JeffreySee RemarksAWARD2,115$68.81$145.5K
Feb 25, 2026Housman JeffreySee RemarksAWARD7,934——
Feb 25, 2026Housman JeffreySee RemarksAWARD36,331——
Feb 25, 2026Siddiqui Sami A.Chief Financial OfficerAWARD3,843$68.81$264.4K
Feb 25, 2026Schwan AxelPres., Tim Hortons AmericasAWARD2,498$68.81$171.9K
Feb 25, 2026Schwan AxelPres., Tim Hortons AmericasAWARD11,242——
Feb 25, 2026Schwan AxelPres., Tim Hortons AmericasAWARD88,649——
Feb 25, 2026Friesner JacquelineSee RemarksAWARD5,089——
Feb 25, 2026Friesner JacquelineSee RemarksAWARD18,892——
Feb 25, 2026Kobza JoshuaChief Executive OfficerAWARD8,149$68.81$560.7K
Feb 25, 2026Friesner JacquelineSee RemarksAWARD1,526$68.81$105.0K
Feb 25, 2026Granat JillSee RemarksAWARD2,719$68.81$187.1K
5 SEC filing reports analyzed. Sentiment: 2 bullish, 0 bearish, 0 mixed, 3 neutral. Avg impact: 4.4/10.
BULLISH INST-CLUSTER 6/10
Seven institutional investors, including activist Corvex and quant funds Citadel and Point72, accumu
Jun 11, 2026
NEUTRAL DEFA14A 3/10
Restaurant Brands International filed an additional definitive proxy (DEFA14A) disclosing a December
May 22, 2026
BULLISH 8-K 7/10
RBI reported strong Q1 2026 results with total revenues of $2.264B (+7.4% YoY), GAAP diluted EPS fro
May 6, 2026
NEUTRAL DEFA14A 2/10
Restaurant Brands International Inc. has filed a definitive proxy statement (DEFA14A) for its upcomi
Apr 23, 2026
NEUTRAL CLUSTER 4/10
Two senior executives at Restaurant Brands International — CFO Sami Siddiqui and Jeffrey Housman — e
Mar 20, 2026
∅

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Buy (67% buy). Based on 18 analysts: 4 strong buy, 8 buy, 6 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$85.92 mean target +14.8% upside Buy (1.86)
$78.00 Low $100.00 High
MetricValue
Current Price$74.85
Target Low$78.00
Target Mean$85.92
Target Median$85.00
Target High$100.00
# Analysts26
RecommendationBuy (1.86)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
 $1.04 $0.98 $1.10 10.7% -0.2% 2↑ 20↓ $2.5B 4.5% 25
Next Q
2026-09-30
 $1.09 $1.03 $1.16 6.2% -0.1% 3↑ 18↓ $2.5B 3.5% 25
Current FY
2026-12-31
 $4.06 $3.85 $4.17 9.9% +0.0% 12↑ 7↓ $9.9B 4.4% 26
Next FY
2027-12-31
 $4.44 $4.22 $4.71 9.5% +0.1% 13↑ 7↓ $10.0B 1.6% 27

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$1.041
7d ago$1.041
30d ago$1.043-0.002
60d ago$1.060-0.020
90d ago$1.062-0.021
16 analyst firms have rated this stock: 2 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 26, 2026 Guggenheim MAINTAIN Buy Buy
May 7, 2026 Citigroup MAINTAIN Neutral Neutral
May 7, 2026 Scotiabank MAINTAIN Sector Perform Sector Perform
May 7, 2026 Barclays MAINTAIN Overweight Overweight
May 7, 2026 Wells Fargo MAINTAIN Equal-Weight Equal-Weight
May 7, 2026 Baird MAINTAIN Neutral Neutral
May 6, 2026 TD Cowen MAINTAIN Hold Hold
May 4, 2026 UBS MAINTAIN Buy Buy
Apr 28, 2026 Scotiabank MAINTAIN Sector Perform Sector Perform
Apr 24, 2026 JP Morgan MAINTAIN Overweight Overweight
Apr 23, 2026 Citigroup MAINTAIN Neutral Neutral
Apr 21, 2026 RBC Capital MAINTAIN Outperform Outperform
Apr 20, 2026 Keybanc MAINTAIN Overweight Overweight
Apr 14, 2026 TD Cowen MAINTAIN Hold Hold
Mar 18, 2026 Oppenheimer MAINTAIN Outperform Outperform
Mar 3, 2026 Morgan Stanley MAINTAIN Equal-Weight Equal-Weight
Mar 2, 2026 RBC Capital MAINTAIN Outperform Outperform
Mar 2, 2026 Truist Securities MAINTAIN Buy Buy
Mar 2, 2026 Piper Sandler UPGRADE Neutral Overweight
Mar 2, 2026 Stifel UPGRADE Hold Buy
Feb 27, 2026 Wells Fargo MAINTAIN Equal-Weight Equal-Weight
Feb 27, 2026 Guggenheim MAINTAIN Buy Buy
Feb 24, 2026 JP Morgan MAINTAIN Overweight Overweight
Feb 13, 2026 Scotiabank MAINTAIN Sector Perform Sector Perform
Feb 13, 2026 Barclays MAINTAIN Overweight Overweight
Feb 13, 2026 TD Cowen MAINTAIN Hold Hold
Feb 3, 2026 Citigroup MAINTAIN Neutral Neutral
Jan 7, 2026 Barclays MAINTAIN Overweight Overweight

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20264860067%
May 1, 202641070067%
Apr 1, 202641070067%
Mar 1, 202631090059%
Feb 1, 202631090059%
Jan 1, 202631090059%
Strong BuyBuyHoldSellStrong Sell
∅

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

∅

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

Jun 12, 2026
short_volume
Short Volume: QSR — 69.3% short (0.6M / 0.9M)
Short: 590,751 | Exempt: 81 | TRF Vol: 852,712 | Short Ratio: 69.3% | Off-exchange volume (dark pool + OTC)
Jun 11, 2026
short_volume
Short Volume: QSR — 74.0% short (0.7M / 1.0M)
Short: 743,786 | Exempt: 27 | TRF Vol: 1,004,853 | Short Ratio: 74.0% | Off-exchange volume (dark pool + OTC)
Jun 10, 2026
short_volume
Short Volume: QSR — 65.6% short (0.6M / 0.9M)
Short: 562,780 | Exempt: 3 | TRF Vol: 857,388 | Short Ratio: 65.6% | Off-exchange volume (dark pool + OTC)
Jun 9, 2026
short_volume
Short Volume: QSR — 57.1% short (0.4M / 0.7M)
Short: 381,073 | Exempt: 35 | TRF Vol: 666,867 | Short Ratio: 57.1% | Off-exchange volume (dark pool + OTC)
Jun 8, 2026
short_volume
Short Volume: QSR — 62.7% short (0.6M / 0.9M)
Short: 573,098 | Exempt: 132 | TRF Vol: 913,869 | Short Ratio: 62.7% | Off-exchange volume (dark pool + OTC)
Jun 5, 2026
short_volume
Short Volume: QSR — 60.4% short (0.8M / 1.3M)
Short: 776,696 | Exempt: 28 | TRF Vol: 1,285,327 | Short Ratio: 60.4% | Off-exchange volume (dark pool + OTC)
Jun 4, 2026
short_volume
Short Volume: QSR — 70.5% short (0.5M / 0.8M)
Short: 543,061 | Exempt: 1 | TRF Vol: 769,858 | Short Ratio: 70.5% | Off-exchange volume (dark pool + OTC)
Jun 3, 2026
short_volume
Short Volume: QSR — 58.4% short (0.7M / 1.2M)
Short: 711,393 | Exempt: 27 | TRF Vol: 1,217,428 | Short Ratio: 58.4% | Off-exchange volume (dark pool + OTC)
Jun 2, 2026
short_volume
Short Volume: QSR — 69.2% short (0.5M / 0.7M)
Short: 516,165 | Exempt: 723 | TRF Vol: 745,614 | Short Ratio: 69.2% | Off-exchange volume (dark pool + OTC)
Jun 1, 2026
short_volume
Short Volume: QSR — 66.4% short (0.7M / 1.0M)
Short: 676,605 | Exempt: 97 | TRF Vol: 1,019,535 | Short Ratio: 66.4% | Off-exchange volume (dark pool + OTC)
May 29, 2026
short_volume
Short Volume: QSR — 63.8% short (0.5M / 0.8M)
Short: 495,700 | Exempt: 7,502 | TRF Vol: 777,297 | Short Ratio: 63.8% | Off-exchange volume (dark pool + OTC)
May 28, 2026
short_volume
Short Volume: QSR — 63.6% short (0.5M / 0.8M)
Short: 501,833 | Exempt: 300 | TRF Vol: 788,565 | Short Ratio: 63.6% | Off-exchange volume (dark pool + OTC)
May 27, 2026
short_volume
Short Volume: QSR — 65.0% short (0.6M / 0.9M)
Short: 561,952 | Exempt: 2,645 | TRF Vol: 864,221 | Short Ratio: 65.0% | Off-exchange volume (dark pool + OTC)
May 26, 2026
short_volume
Short Volume: QSR — 60.8% short (0.4M / 0.7M)
Short: 435,771 | Exempt: 195 | TRF Vol: 716,769 | Short Ratio: 60.8% | Off-exchange volume (dark pool + OTC)
May 22, 2026
short_volume
Short Volume: QSR — 65.2% short (0.6M / 1.0M)
Short: 625,379 | Exempt: 0 | TRF Vol: 959,736 | Short Ratio: 65.2% | Off-exchange volume (dark pool + OTC)