WEN

Wendy's Co

Nasdaq · Retail-Eating & Drinking Places · Inc. DE · CIK 0000030697
$6.77 -2.03% $1.3B
25 New Institutional Positions25 Institutional Exits
Vol
Market Cap$1.3B
Cap SizeSmall Cap
Analyst ConsensusSell (12%)
Inst. Holders50 funds
Inst. Value$845.3M
Inst. Activity25 buys / 25 sells
Reddit Sentiment64° Warm
SEC Reports4
Exchange Nasdaq·Sector Retail-Eating & Drinking Places·Inc. DE·CIK 0000030697·Prev Close $6.91

Recent Activity

Jun 11, 2026 SEC
Institutional cluster for WEN shows heavy net selling of ~$85.8M in Q3 2025, driven by full exits and large trims from q
INST-CLUSTER — Impact 5/10
Jun 9, 2026 SEC
Wendy's Chief Accounting Officer Suzanne M. Thuerk resigned to pursue an opportunity outside the restaurant space. She w
8-K — Impact 2/10
May 22, 2026 SEC
Wendy's shareholders approved an amendment to the 2020 Omnibus Award Plan, increasing the share reserve by 21 million sh
8-K — Impact 3/10
May 21, 2026 Insider
Wright Robert D. was granted 1,772,898 shares
President & CEO
May 21, 2026 Insider
Wright Robert D. was granted 118,110 shares
President & CEO
May 20, 2026 Insider
MAY PETER W was granted 20,967 shares
Director
Inst.
HARRIS ASSOCIATES L P — TRIM
5,929,801 shares ($41.2M)
Inst.
HEALTHCARE OF ONTARIO PENSION — NEW
3,750,000 shares ($26.1M)

Price Targets

$7.84 +15.8% upside Buy
Current $6.77 Low $5.00 Median $8.00 High $13.00 20 analysts
$5.00 $13.00

Analyst Ratings

Strong Sell12% buy · 33 analysts
2Strong Buy
2Buy
19Hold
8Sell
2Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 13, 2026 Argus Research UPGRADE Hold → Buy
May 12, 2026 TD Cowen REITERATE Hold → Hold
May 11, 2026 BMO Capital MAINTAIN Market Perform → Market Perform
May 11, 2026 Citigroup MAINTAIN Neutral → Neutral
May 11, 2026 JP Morgan DOWNGRADE Neutral → Underweight

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.17 ▼ -1.6% $0.14 — $0.20 -43% YoY 23
Next Q $0.14 ▼ -0.9% $0.11 — $0.18 -40% YoY 23
Current FY $0.57 $0.52 — $0.62 -35% YoY 25
Next FY $0.64 $0.50 — $0.82 12% YoY 25

Top Institutional Holders

FundValueMove
BlackRock, Inc.$151.1M
VANGUARD PORTFOLIO MANAGEMENT LLC$64.4M
MORGAN STANLEY$52.8M
WELLS FARGO & COMPANY/MN$48.0M
VANGUARD CAPITAL MANAGEMENT LLC$47.4M

Recent Insider Trades

DateInsiderTypeValue
May 21, 2026Wright RobertA$0.00
May 21, 2026Wright RobertA$0.00
May 20, 2026MAY PETERA$0.00
May 20, 2026CARUSO-CABRERA MICHELLEA$0.00
May 20, 2026Gomez RichardA$0.00

Reddit Sentiment

64°
Warm
Bearish Neutral Bullish
33 mentions 10 bullish 0 bearish
50 institutional holders with $845.3M total value (121,618,310 shares) as of 2026-Q1. Top holders: BlackRock,, VANGUARD, MORGAN.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1BlackRock, Inc.21,738,649$151.1M17.9%
2VANGUARD PORTFOLIO MANAGEMENT LLC9,261,801$64.4M7.6%
3MORGAN STANLEY7,591,054$52.8M6.2%
4WELLS FARGO & COMPANY/MN6,912,786$48.0M5.7%
5VANGUARD CAPITAL MANAGEMENT LLC6,823,437$47.4M5.6%
6CHARLES SCHWAB INVESTMENT MANAGEMENT INC6,497,923$45.2M5.3%
7HARRIS ASSOCIATES L P5,929,801$41.2M4.9%TRIM -40.5%
8STATE STREET CORP5,465,922$38.0M4.5%
9BANK OF AMERICA CORP /DE/4,493,752$31.2M3.7%
10ARROWSTREET CAPITAL, LIMITED PARTNERSHIP4,040,382$28.1M3.3%
11TWO SIGMA INVESTMENTS, LP3,784,985$26.3M3.1%
12HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND3,750,000$26.1M3.1%NEW
13DIMENSIONAL FUND ADVISORS LP3,476,736$24.2M2.9%
14FAIRFAX FINANCIAL HOLDINGS LTD/ CAN3,268,902$22.8M2.7%NEW
15RENAISSANCE TECHNOLOGIES LLC2,340,282$16.3M1.9%DOUBLED +2612.4%
16FMR LLC2,244,002$15.6M1.8%
17Connor, Clark & Lunn Investment Management Ltd.2,017,425$14.0M1.7%
18CITADEL ADVISORS LLC1,967,845$13.7M1.6%
19HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC1,660,900$11.5M1.4%NEW
20Invesco Ltd.1,625,542$11.3M1.3%ADD +50.0%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
HARRIS ASSOCIATES L PTRIM9,966,1055,929,801-40.5%$41.2M2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUNDNEW3,750,000$26.1M2026-Q1
FAIRFAX FINANCIAL HOLDINGS LTD/ CANNEW3,268,902$22.8M2026-Q1
RENAISSANCE TECHNOLOGIES LLCDOUBLED86,2822,340,282+2612.4%$16.3M2026-Q1
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLCNEW1,660,900$11.5M2026-Q1
Invesco Ltd.ADD1,083,7891,625,542+50.0%$11.3M2026-Q1
Gotham Asset Management, LLCTRIM1,805,023915,613-49.3%$6.4M2026-Q1
AMERIPRISE FINANCIAL INCADD315,107462,735+46.9%$3.2M2026-Q1
Nuveen, LLCADD275,497424,389+54.0%$2.9M2026-Q1
Baird Financial Group, Inc.DOUBLED10,230384,946+3662.9%$2.7M2026-Q1
PEAK6 LLCDOUBLED91,334361,614+295.9%$2.5M2026-Q1
FIRST TRUST ADVISORS LPTRIM652,325348,246-46.6%$2.4M2026-Q1
Brevan Howard Capital Management LPADD181,945315,867+73.6%$2.2M2026-Q1
GROUP ONE TRADING LLCADD163,686285,919+74.7%$2.0M2026-Q1
HORIZON KINETICS ASSET MANAGEMENT LLCTRIM359,896269,177-25.2%$1.9M2026-Q1
SEI INVESTMENTS COADD147,364218,643+48.4%$1.5M2026-Q1
FRANKLIN RESOURCES INCTRIM419,194199,331-52.4%$1.4M2026-Q1
BANK OF MONTREAL /CAN/ADD123,919156,418+26.2%$1.1M2026-Q1
Cerity Partners LLCTRIM537,489145,200-73.0%$1.0M2026-Q1
Centiva Capital, LPDOUBLED39,987114,589+186.6%$796.4K2026-Q1
VICTORY CAPITAL MANAGEMENT INCTRIM342,888107,448-68.7%$746.8K2026-Q1
Jain Global LLCADD49,27290,898+84.5%$631.7K2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLCTRIM210,51988,768-57.8%$610.7K2026-Q1
CAPTRUST FINANCIAL ADVISORSTRIM144,56178,200-45.9%$543.5K2026-Q1
CWM, LLCTRIM232,44769,470-70.1%$482.8K2026-Q1
19 unique insiders with 32 transactions. Net insider value: $0.00 ($0.00 bought, $0.00 sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 21, 2026Wright Robert D.President & CEOAWARD1,772,898
May 21, 2026Wright Robert D.President & CEOAWARD118,110
May 20, 2026MAY PETER WDirectorAWARD20,967
May 20, 2026CARUSO-CABRERA MICHELLEDirectorAWARD20,967
May 20, 2026Gomez Richard H.DirectorAWARD20,967
May 20, 2026Mathews-Spradlin Mich JDirectorAWARD20,967
May 20, 2026Peltz Bradley G.DirectorAWARD20,967
May 20, 2026Rothschild PeterDirectorAWARD20,967
May 20, 2026WINKLEBLACK ARTHUR BDirectorAWARD32,580
May 20, 2026Arlin Wendy C.DirectorAWARD20,967
Apr 3, 2026Dolan Kristin ADirectorAWARD1,047$7.14$7.5K
Apr 3, 2026Peltz Bradley G.DirectorAWARD3,448$7.14$24.6K
Apr 3, 2026MAY PETER WDirectorAWARD4,166$7.14$29.7K
Mar 16, 2026Dolan Kristin ADirectorAWARD291
Mar 16, 2026Arlin Wendy C.DirectorAWARD201
Mar 16, 2026Suerken Peter J. JRPresident, U.S.AWARD2,840
Mar 16, 2026Min JohnChief Legal Ofcr & SecretaryAWARD303
Mar 16, 2026Wunsch E.J.President, InternationalAWARD59
Mar 16, 2026O'Brien Matthew ColeyChief People OfficerAWARD38
Mar 16, 2026Radkoski Lindsay J.CMO, U.S.AWARD12
Mar 16, 2026Spessard Matthew PChief Information OfficerAWARD12
Mar 16, 2026Cook Kenneth M.Interim CEO and CFOAWARD356
Mar 16, 2026Thuerk Suzanne M.Chief Accounting OfficerAWARD9
Mar 16, 2026Esposito LilianaChf Corp Affrs & Sustnblty OfcAWARD33
Mar 1, 2026O'Brien Matthew ColeyChief People OfficerEXERCISE18,598
Feb 23, 2026O'Brien Matthew ColeyChief People OfficerAWARD7,813
Feb 23, 2026Spessard Matthew PChief Information OfficerAWARD2,511
Feb 23, 2026Thuerk Suzanne M.Chief Accounting OfficerAWARD1,673
Feb 23, 2026Wunsch E.J.President, InternationalAWARD12,278
Feb 23, 2026Esposito LilianaChf Corp Affrs & Sustnblty OfcAWARD6,976
Feb 23, 2026Radkoski Lindsay J.CMO, U.S.AWARD2,511
Feb 20, 2026Spessard Matthew PChief Information OfficerEXERCISE3,481

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

Current analyst consensus: Strong Sell (12% buy). Based on 33 analysts: 2 strong buy, 2 buy, 19 hold, 8 sell, 2 strong sell.

Analyst Price Targets

$7.84 mean target +15.8% upside Buy (3.04)
$5.00 Low $13.00 High
MetricValue
Current Price$6.77
Target Low$5.00
Target Mean$7.84
Target Median$8.00
Target High$13.00
# Analysts20
RecommendationBuy (3.04)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.17 $0.14 $0.20 -42.8% -1.6% 1↑ 21↓ $0.6B -0.5% 23
Next Q
2026-09-30
$0.14 $0.11 $0.18 -39.9% -0.9% 1↑ 17↓ $0.6B 0.5% 23
Current FY
2026-12-31
$0.57 $0.52 $0.62 -34.8% -0.4% 7↑ 12↓ $2.2B 2.1% 25
Next FY
2027-12-31
$0.64 $0.50 $0.82 11.7% -0.1% 5↑ 12↓ $2.2B 0.3% 25

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.166
7d ago$0.166
30d ago$0.169-0.003
60d ago$0.189-0.023
90d ago$0.189-0.023
14 analyst firms have rated this stock: 1 upgrades, 1 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 13, 2026 Argus Research UPGRADE Hold Buy
May 12, 2026 TD Cowen REITERATE Hold Hold
May 11, 2026 BMO Capital MAINTAIN Market Perform Market Perform
May 11, 2026 Citigroup MAINTAIN Neutral Neutral
May 11, 2026 JP Morgan DOWNGRADE Neutral Underweight
Apr 24, 2026 Citigroup MAINTAIN Neutral Neutral
Feb 23, 2026 JP Morgan MAINTAIN Neutral Neutral
Feb 18, 2026 Stephens & Co. REITERATE Equal-Weight Equal-Weight
Feb 17, 2026 UBS MAINTAIN Neutral Neutral
Feb 17, 2026 Goldman Sachs MAINTAIN Sell Sell
Feb 17, 2026 RBC Capital MAINTAIN Sector Perform Sector Perform
Feb 17, 2026 Truist Securities MAINTAIN Buy Buy
Feb 17, 2026 Barclays MAINTAIN Equal-Weight Equal-Weight
Feb 17, 2026 Evercore ISI Group MAINTAIN In-Line In-Line
Feb 17, 2026 BMO Capital MAINTAIN Market Perform Market Perform
Feb 13, 2026 Stephens & Co. MAINTAIN Equal-Weight Equal-Weight
Feb 13, 2026 TD Cowen MAINTAIN Hold Hold
Feb 3, 2026 Citigroup MAINTAIN Neutral Neutral
Jan 20, 2026 Morgan Stanley MAINTAIN Underweight Underweight
Jan 9, 2026 Mizuho MAINTAIN Underperform Underperform
Jan 8, 2026 Truist Securities MAINTAIN Buy Buy
Jan 8, 2026 Evercore ISI Group MAINTAIN In-Line In-Line
Jan 6, 2026 UBS MAINTAIN Neutral Neutral

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 202622198212%
May 1, 20261222829%
Apr 1, 20261222829%
Mar 1, 202613228211%
Feb 1, 202613228211%
Jan 1, 202613228211%
Strong BuyBuyHoldSellStrong Sell

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

64°
Warm
Bearish Neutral Bullish
33 mentions 10 bullish 0 bearish 30 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
Jun 11, 2026150° Neutral001
Jun 11, 2026150° Neutral001
Jun 6, 2026160° Warm101
Jun 6, 2026160° Warm101
Jun 6, 2026253° Neutral002
Jun 6, 2026150° Neutral001
Jun 1, 2026150° Neutral001
Jun 1, 2026150° Neutral001
May 15, 2026160° Warm101
May 15, 2026160° Warm101
May 15, 2026150° Neutral001
May 15, 2026150° Neutral001
May 14, 2026150° Neutral001
May 14, 2026150° Neutral001
May 14, 2026150° Neutral001
May 14, 2026150° Neutral001
May 13, 2026150° Neutral001
May 13, 2026150° Neutral001
May 13, 2026150° Neutral001
May 13, 2026150° Neutral001
May 12, 2026160° Warm101
May 12, 2026160° Warm101
May 12, 2026160° Warm101
May 7, 2026160° Warm101
May 1, 2026160° Warm101
May 1, 2026160° Warm101
May 1, 2026144° Neutral001
May 1, 2026144° Neutral001
Apr 28, 2026350° Neutral003
Apr 28, 2026150° Neutral001

Recent Reddit Threads

r/wallstreetbets Neutral 5d 15h ago
$WEN $6.66 bottom in?
▲ 1 💬 0 ⚡ 0.5
r/stockmarket Neutral 10d 21h ago
LULU now has a lower P/E than WEN
▲ 1 💬 0 ⚡ 0.5
r/stockmarket Neutral 10d 21h ago
LULU now has a lower P/E than WEN
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Neutral 15d 13h ago
LONG $WEN
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Bullish 1mo ago
$WEN Moon?? Institutions own 114% of Total Shares, and Tendie Offer Coming?
▲ 1 💬 1 ⚡ 0.5
r/wallstreetbets Neutral 1mo ago
Nelson Peltz + Janus Henderson Group $WEN
▲ 1 💬 0 ⚡ 0.5
r/options Neutral 1mo ago
Check out the options market data for WEN, heavy call buying since the ER
▲ 1 💬 1 ⚡ 0.5
r/wallstreetbets Neutral 1mo ago
WEN
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Neutral 1mo ago
YOLO ON WEN CHICKEN NUGGETS
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Neutral 1mo ago
All-in FHSA on WEN for takeover
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Bullish 1mo ago
Perfect Clean Entry on $WEN now I will be able to afford tendies for my fam
▲ 1 💬 1 ⚡ 0.5
r/wallstreetbets Bullish 1mo ago
$WEN buyout news 🗞️ Deeply undervalued.
▲ 1 💬 1 ⚡ 0.5
r/wallstreetbets Bullish 1mo ago
WEN Is this a good idea or nah
▲ 1 💬 1 ⚡ 0.5
r/wallstreetbets Bullish 1mo ago
$WEN deez parking lots are now MY parking lots
▲ 1 💬 2 ⚡ 0.5
r/wallstreetbets Bullish 1mo ago
$WEN deez parking lots are now MY parking lots
▲ 0 💬 2
r/wallstreetbets Neutral 1mo ago
$WEN DD: WSB Can Buy 51% of Wendy’s for ~$663M and Become Majority Owners
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Neutral 1mo ago
$WEN DD: WSB Can Buy 51% of Wendy’s for ~$663M and Become Majority Owners
▲ 1 💬 0 ⚡ 0.5
Jun 16, 2026
short_volume
Short Volume: WEN — 59.0% short (1.6M / 2.7M)
Short: 1,601,655 | Exempt: 5,375 | TRF Vol: 2,715,899 | Short Ratio: 59.0% | Off-exchange volume (dark pool + OTC)
Jun 15, 2026
short_volume
Short Volume: WEN — 63.9% short (2.0M / 3.1M)
Short: 1,989,778 | Exempt: 5,214 | TRF Vol: 3,113,412 | Short Ratio: 63.9% | Off-exchange volume (dark pool + OTC)
Jun 12, 2026
short_volume
Short Volume: WEN — 64.7% short (1.9M / 2.9M)
Short: 1,875,624 | Exempt: 3,246 | TRF Vol: 2,900,520 | Short Ratio: 64.7% | Off-exchange volume (dark pool + OTC)
Jun 11, 2026
short_volume
Short Volume: WEN — 58.5% short (2.3M / 3.9M)
Short: 2,270,748 | Exempt: 4,896 | TRF Vol: 3,880,030 | Short Ratio: 58.5% | Off-exchange volume (dark pool + OTC)
Jun 10, 2026
short_volume
Short Volume: WEN — 64.1% short (1.9M / 3.0M)
Short: 1,902,264 | Exempt: 23,882 | TRF Vol: 2,966,966 | Short Ratio: 64.1% | Off-exchange volume (dark pool + OTC)
Jun 9, 2026
short_volume
Short Volume: WEN — 57.5% short (2.0M / 3.5M)
Short: 1,987,448 | Exempt: 16,972 | TRF Vol: 3,454,533 | Short Ratio: 57.5% | Off-exchange volume (dark pool + OTC)
Jun 5, 2026
short_volume
Short Volume: WEN — 57.0% short (3.4M / 6.0M)
Short: 3,432,697 | Exempt: 1,394 | TRF Vol: 6,021,083 | Short Ratio: 57.0% | Off-exchange volume (dark pool + OTC)
Jun 4, 2026
short_volume
Short Volume: WEN — 63.2% short (2.6M / 4.1M)
Short: 2,596,593 | Exempt: 6,647 | TRF Vol: 4,111,607 | Short Ratio: 63.2% | Off-exchange volume (dark pool + OTC)
Jun 3, 2026
short_volume
Short Volume: WEN — 66.8% short (4.0M / 5.9M)
Short: 3,958,013 | Exempt: 4,135 | TRF Vol: 5,928,406 | Short Ratio: 66.8% | Off-exchange volume (dark pool + OTC)
Jun 2, 2026
short_volume
Short Volume: WEN — 57.8% short (3.1M / 5.3M)
Short: 3,075,259 | Exempt: 11,211 | TRF Vol: 5,322,878 | Short Ratio: 57.8% | Off-exchange volume (dark pool + OTC)
May 29, 2026
ftd
FTD: WEN — 407,220 shares ($3.1M) failed to deliver
Settlement: 20260529, Price: $7.50, FTD Value: $3,054,150, WENDYS CO CL A COM STK (DE)
May 28, 2026
short_volume
Short Volume: WEN — 56.0% short (2.7M / 4.8M)
Short: 2,676,240 | Exempt: 4,806 | TRF Vol: 4,782,747 | Short Ratio: 56.0% | Off-exchange volume (dark pool + OTC)
May 28, 2026
ftd
FTD: WEN — 701,798 shares ($5.3M) failed to deliver
Settlement: 20260528, Price: $7.49, FTD Value: $5,256,467.02, WENDYS CO CL A COM STK (DE)
May 27, 2026
ftd
FTD: WEN — 511,280 shares ($3.8M) failed to deliver
Settlement: 20260527, Price: $7.36, FTD Value: $3,763,020.8, WENDYS CO CL A COM STK (DE)
May 26, 2026
short_volume
Short Volume: WEN — 59.8% short (4.3M / 7.2M)
Short: 4,315,425 | Exempt: 1,176 | TRF Vol: 7,222,424 | Short Ratio: 59.8% | Off-exchange volume (dark pool + OTC)