Restaurant Brands CFO sells common shares for $1.5 million

Published 27/02/2025, 23:30
Restaurant Brands CFO sells common shares for $1.5 million

Sami A. Siddiqui, the Chief Financial Officer of Restaurant Brands International Inc. (NYSE:QSR), recently made significant transactions involving the company’s common shares. On February 25, 2025, Siddiqui sold 23,333 shares at a price of $64.38 per share, amounting to a total of approximately $1.5 million. The transaction comes as QSR, currently valued at $29.5 billion, maintains a "GOOD" financial health score according to InvestingPro analysis.

Additionally, Siddiqui acquired 59,338 common shares without any cost involved. This acquisition was part of a vesting process related to performance-based restricted share units, which vested at 135.76% of the target based on performance conditions. Following these transactions, Siddiqui holds 91,766.283 shares directly. The stock, which currently trades near $65, shows analyst optimism with a consensus target suggesting potential upside.

These transactions were part of Siddiqui’s management of his equity holdings in the company, reflecting both a reduction in his share count through sales and an increase through vested units. According to InvestingPro, QSR has maintained dividend payments for 11 consecutive years, demonstrating consistent shareholder returns. For detailed analysis and additional insights, investors can access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Restaurant Brands International has acquired Burger King China for approximately $158 million, securing near-total ownership of the business. The company plans to engage advisors to find a new local partner to inject primary capital into the business, with the new partner becoming the controlling shareholder. TD Cowen analysts recently downgraded Restaurant Brands International from Buy to Hold, setting a price target of $70.00, citing potential challenges in the Canadian market and increased competition in the fast-food industry as influencing factors. Despite these concerns, JPMorgan maintained an Overweight rating with a price target of $80.00, following the company’s stronger-than-expected fourth-quarter results for fiscal year 2024. Restaurant Brands International reported a 2.5% increase in global sales, surpassing JPMorgan’s estimate and reflecting resilience in key markets.

BMO Capital also maintained an Outperform rating with a price target of $86.00 after the company reported fourth-quarter earnings per share of $0.81, exceeding consensus estimates. The firm highlighted strong international sales and higher profitability at Tim Hortons as contributing factors. Meanwhile, Stifel analysts upheld a Hold rating with a $68.00 price target, noting modest EBITDA growth since the acquisition of Popeyes in 2017. They suggested a potential valuation increase to $80 under a demerger scenario, although they assigned a low probability to this outcome. These developments reflect the varied analyst perspectives on Restaurant Brands International’s current performance and future outlook.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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