B.A. Schrock Wealth Management Inc. Makes New Investment in Wingstop Inc. $WING

B.A. Schrock Wealth Management Inc. acquired a new stake in shares of Wingstop Inc. (NASDAQ:WING – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 44,890 shares of the restaurant operator’s stock, valued at approximately $4,685,000. Wingstop makes up 1.6% of B.A. Schrock Wealth Management Inc.’s portfolio, making the stock its 21st biggest position. B.A. Schrock Wealth Management Inc. owned approximately 0.16% of Wingstop at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of WING. BlackRock Inc. bought a new position in Wingstop in the second quarter valued at about $481,314,000. Darsana Capital Partners LP boosted its stake in shares of Wingstop by 20.0% during the second quarter. Darsana Capital Partners LP now owns 1,500,000 shares of the restaurant operator’s stock valued at $260,115,000 after purchasing an additional 250,000 shares in the last quarter. Alyeska Investment Group L.P. boosted its stake in shares of Wingstop by 44.5% during the second quarter. Alyeska Investment Group L.P. now owns 942,943 shares of the restaurant operator’s stock valued at $163,516,000 after purchasing an additional 290,501 shares in the last quarter. State Street Corp boosted its stake in shares of Wingstop by 2.0% during the second quarter. State Street Corp now owns 863,951 shares of the restaurant operator’s stock valued at $149,751,000 after purchasing an additional 16,907 shares in the last quarter. Finally, Jupiter Topco LLC bought a new stake in shares of Wingstop during the second quarter worth about $147,440,000.

Wingstop News Roundup

Here are the key news stories impacting Wingstop this week:

  • Positive Sentiment: Limited-time product launch could boost traffic and brand engagement. Wingstop is partnering with Mondelēz’s SOUR PATCH KIDS brand on “SOUR PATCH KIDS Wicked Punch,” featuring a sour-then-sweet glaze and candy topping. The product will be available nationwide beginning October 27, with Club Wingstop early access from October 23. The unusual promotion may attract younger customers, encourage social-media sharing and support near-term sales. Wingstop and SOUR PATCH KIDS launch announcement
  • Neutral Sentiment: The promotion reinforces Wingstop’s emphasis on distinctive, culture-driven marketing. Coverage across food, lifestyle and local-news outlets suggests the collaboration is succeeding in generating awareness. However, the articles do not disclose pricing, expected demand, restaurant-level sales or profit-margin implications, so the effect on earnings remains uncertain. Wingstop brand strategy analysis
  • Negative Sentiment: Recent trading weakness indicates investors are not treating the product news as a near-term catalyst. Wingstop’s shares fell more than the general market in the latest session. The stock also remains below its 200-day moving average, suggesting continued technical pressure despite trading above its 50-day average. The latest available earnings showed strong EPS performance but revenue below analysts’ expectations, which may be keeping investors focused on growth execution rather than promotional headlines. Wingstop trading analysis

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on WING. TD Cowen lowered their price objective on Wingstop from $160.00 to $120.00 and set a “hold” rating for the company in a research note on Friday, September 11th. Weiss Ratings downgraded shares of Wingstop from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, August 17th. Wells Fargo & Company reduced their target price on shares of Wingstop from $170.00 to $165.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Stephens reissued an “overweight” rating and set a $200.00 target price on shares of Wingstop in a report on Thursday, July 30th. Finally, Sanford C. Bernstein cut shares of Wingstop from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $220.00 to $155.00 in a research report on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $236.44.

Read Our Latest Report on Wingstop

Wingstop Stock Performance

NASDAQ:WING opened at $122.90 on Thursday. The company has a market capitalization of $3.35 billion, a PE ratio of 29.19, a P/E/G ratio of 1.51 and a beta of 1.81. The company has a 50 day simple moving average of $111.53 and a two-hundred day simple moving average of $139.17. Wingstop Inc. has a fifty-two week low of $95.82 and a fifty-two week high of $302.80.

Wingstop (NASDAQ:WING – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The restaurant operator reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.16. The firm had revenue of $185.56 million during the quarter, compared to analyst estimates of $190.25 million. Wingstop had a net margin of 16.15% and a negative return on equity of 16.31%. The company’s revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.00 EPS. Research analysts predict that Wingstop Inc. will post 4.46 EPS for the current year.

Wingstop Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, September 5th. Stockholders of record on Saturday, August 15th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 1.1%. This is a boost from Wingstop’s previous quarterly dividend of $0.30. The ex-dividend date was Friday, August 14th. Wingstop’s dividend payout ratio is currently 31.35%.

About Wingstop

(Free Report)

Wingstop Inc is a restaurant company that specializes in made-to-order chicken wings and related menu items. Its offerings include classic and boneless wings prepared with a variety of signature flavors, as well as chicken sandwiches, tenders, seasoned fries, sides, dips and beverages. The company serves customers through dine-in, takeout, delivery and digital ordering channels.

Founded in 1994 in Garland, Texas, Wingstop has developed primarily as a franchised restaurant brand. The company supports its franchisees through brand marketing, restaurant development, operating systems, menu innovation and supply-chain coordination, while franchisees generally own and operate individual locations.

Further Reading

Institutional Ownership by Quarter for Wingstop (NASDAQ:WING)

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