Public Employees Retirement System of Ohio trimmed its position in Wingstop Inc. (NASDAQ:WING – Free Report) by 66.0% during the first quarter, HoldingsChannel.com reports. The fund owned 8,164 shares of the restaurant operator’s stock after selling 15,856 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Wingstop were worth $1,265,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in WING. Arrowstreet Capital Limited Partnership lifted its stake in Wingstop by 8.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 237,656 shares of the restaurant operator’s stock worth $36,830,000 after purchasing an additional 18,703 shares during the last quarter. Caxton Associates LLP bought a new position in shares of Wingstop in the 1st quarter valued at $2,690,000. Westpac Banking Corp raised its holdings in shares of Wingstop by 80.0% during the 1st quarter. Westpac Banking Corp now owns 5,400 shares of the restaurant operator’s stock worth $837,000 after buying an additional 2,400 shares in the last quarter. Meiji Yasuda America Inc raised its holdings in shares of Wingstop by 19.3% during the 1st quarter. Meiji Yasuda America Inc now owns 12,107 shares of the restaurant operator’s stock worth $1,876,000 after buying an additional 1,959 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Wingstop by 17.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 356,292 shares of the restaurant operator’s stock worth $55,216,000 after buying an additional 51,703 shares during the last quarter.
Trending Headlines about Wingstop
Here are the key news stories impacting Wingstop this week:
- Positive Sentiment: Wingstop’s second-quarter earnings topped expectations, with adjusted EPS of $1.18 versus the $1.02 consensus estimate. Revenue increased 6.5% year over year to $185.6 million, although it was below the $190.3 million forecast. Wingstop Inc. Q2 2026 Earnings Call Summary
- Positive Sentiment: Management reiterated its goal of 15% to 16% global unit growth, indicating continued confidence in the company’s long-term expansion strategy. Executives also said improved value messaging could help reignite customer traffic. Wingstop Believes Better Value Messaging Can Reignite Traffic
- Positive Sentiment: Wingstop increased its quarterly dividend 10% to $0.33 per share, providing an annualized yield of approximately 1.0% and signaling continued shareholder-return support.
- Positive Sentiment: Analysts maintained generally favorable ratings, including buy, outperform and overweight recommendations. Even after multiple target reductions, published targets remain substantially above the current trading level.
- Neutral Sentiment: National Chicken Wing Day promotions, including free-wing offers and a $1 million prize campaign, could increase brand visibility and short-term customer visits, but the effect on lasting sales and profitability is uncertain. National Chicken Wing Day freebies and deals
- Negative Sentiment: Domestic same-store sales declined for the fifth consecutive quarter. Wingstop now expects domestic same-store sales to fall 4% to 6% in 2026, a significant headwind to near-term revenue and earnings growth. Wingstop anticipates lower domestic same-store sales
- Negative Sentiment: Several firms lowered their price targets, reflecting reduced sales expectations despite retaining positive ratings. The combination of weakening comparable sales, a revenue miss and still-elevated valuation is likely driving investor caution.
Wingstop Price Performance
Wingstop (NASDAQ:WING – Get Free Report) last issued its earnings results on Wednesday, July 29th. The restaurant operator reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.16. The business had revenue of $185.56 million during the quarter, compared to analysts’ expectations of $190.25 million. Wingstop had a negative return on equity of 16.31% and a net margin of 16.15%.The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.00 EPS. On average, research analysts anticipate that Wingstop Inc. will post 4.48 earnings per share for the current fiscal year.
Wingstop Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Saturday, September 5th. Stockholders of record on Saturday, August 15th will be paid a $0.33 dividend. This is an increase from Wingstop’s previous quarterly dividend of $0.30. This represents a $1.32 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, August 14th. Wingstop’s payout ratio is currently 28.50%.
Wall Street Analyst Weigh In
Several analysts recently weighed in on WING shares. Wells Fargo & Company reduced their price objective on Wingstop from $170.00 to $165.00 and set an “overweight” rating on the stock in a research note on Thursday. Stephens reissued an “overweight” rating and set a $200.00 target price on shares of Wingstop in a research note on Thursday. BTIG Research dropped their target price on shares of Wingstop from $305.00 to $265.00 and set a “buy” rating for the company in a report on Thursday. Royal Bank Of Canada reduced their price target on shares of Wingstop from $225.00 to $200.00 and set an “outperform” rating on the stock in a research note on Thursday. Finally, Bank of America decreased their price target on shares of Wingstop from $264.00 to $234.00 and set a “buy” rating on the stock in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $249.04.
View Our Latest Stock Analysis on WING
Wingstop Company 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.
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