Why Restaurant Brands International (QSR) Stock Is Up Today

Restaurant Brands International (QSR) is up 3.9% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be a favorable read-through from a late-June U.S. restaurant traffic update that showed Burger King holding up better than major burger rivals in a weak demand environment. Investors also seem to be leaning on the company’s existing operating momentum after a strong first quarter and management’s previously reaffirmed growth and capital return plans.

Details:

A late-June industry traffic update showed Burger King’s U.S. traffic down only 0.7% year over year, a smaller decline than larger pullbacks seen at some competing burger chains.

That relative performance matters because Burger King is a key earnings driver for Restaurant Brands International, and stronger traffic trends can signal market share resilience.

In its May 6 first-quarter release, the company posted 3.2% comparable sales growth, including 5.8% at Burger King U.S. and 5.7% in its international segment, reinforcing the idea that execution has been improving.

Management also reiterated its long-term growth algorithm earlier this year and said it plans to return $1.6 billion of capital to shareholders in 2026, which can support sentiment when operating updates stay constructive.

Sources:

Investing.com, Restaurant Brands International, SEC

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$QSR Insider Trading Activity

$QSR insiders have traded $QSR stock on the open market 27 times in the past 6 months. Of those trades, 0 have been purchases and 27 have been sales.

Here’s a breakdown of recent trading of $QSR stock by insiders over the last 6 months:

JOSHUA KOBZA (Chief Executive Officer) has made 0 purchases and 2 sales selling 203,443 shares for an estimated $15,242,119.
SAMI A. SIDDIQUI (Chief Financial Officer) has made 0 purchases and 4 sales selling 93,804 shares for an estimated $6,923,567.
JILL GRANAT (See Remarks) has made 0 purchases and 4 sales selling 63,450 shares for an estimated $4,653,919.
JACQUELINE FRIESNER (See Remarks) has made 0 purchases and 3 sales selling 35,432 shares for an estimated $2,605,007.
AXEL SCHWAN (Pres., Tim Hortons Americas) has made 0 purchases and 2 sales selling 37,125 shares for an estimated $2,506,203.
JEFFREY HOUSMAN (See Remarks) has made 0 purchases and 3 sales selling 29,188 shares for an estimated $2,089,830.
THIAGO T SANTELMO (President, International) has made 0 purchases and 3 sales selling 16,385 shares for an estimated $1,185,181.
THOMAS BENJAMIN CURTIS (Pres., BK US & CA) has made 0 purchases and 2 sales selling 16,581 shares for an estimated $1,119,355.
DUNCAN FULTON (Chief Corporate Officer) has made 0 purchases and 2 sales selling 12,083 shares for an estimated $815,688.
PETER PERDUE (President, Popeyes-US & Canada) has made 0 purchases and 2 sales selling 4,277 shares for an estimated $288,765.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$QSR Hedge Fund Activity

We have seen 298 institutional investors add shares of $QSR stock to their portfolio, and 161 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BANK OF MONTREAL /CAN/ removed 6,207,995 shares (-40.8%) from their portfolio in Q1 2026, for an estimated $458,770,830
GOLDMAN SACHS GROUP INC added 4,590,048 shares (+181.9%) to their portfolio in Q1 2026, for an estimated $339,204,547
MERITAGE GROUP LP removed 3,200,731 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $236,534,020
CIBC WORLD MARKET INC. added 3,070,486 shares (+83.2%) to their portfolio in Q1 2026, for an estimated $226,908,915
BANK OF AMERICA CORP /DE/ added 2,910,454 shares (+143.9%) to their portfolio in Q1 2026, for an estimated $215,082,550
LONDON CO OF VIRGINIA added 2,002,235 shares (+inf%) to their portfolio in Q1 2026, for an estimated $147,965,166
TORONTO DOMINION BANK removed 1,541,311 shares (-46.6%) from their portfolio in Q1 2026, for an estimated $113,902,882

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$QSR Price Targets

Multiple analysts have issued price targets for $QSR recently. We have seen 16 analysts offer price targets for $QSR in the last 6 months, with a median target of $84.5.

Here are some recent targets:

Gregory Francfort from Guggenheim set a target price of $85.0 on 05/26/2026
David Tarantino from Baird set a target price of $80.0 on 05/07/2026
Zachary Fadem from Wells Fargo set a target price of $80.0 on 05/07/2026
Jeffrey Bernstein from Barclays set a target price of $92.0 on 05/07/2026
John Zamparo from Scotiabank set a target price of $83.0 on 05/07/2026
Jon Tower from Citigroup set a target price of $84.0 on 05/07/2026
Andrew M. Charles from TD Cowen set a target price of $79.0 on 05/06/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.