BlackRock, Inc. Increases Stake in Wendy's Co to 10.4% Ownership

BlackRock, Inc. has filed a Schedule 13G/A with the SEC, dated April 24, 2026, reporting a significant increase in its stake in Wendy's Co (WEN). As of the event date on March 31, 2026, BlackRock beneficially owns 19,753,790 shares of common stock, representing a 10.4% ownership stake in the company. This filing marks an amendment to previous disclosures, indicating an increase from a prior 0.0% position reported in the provided metadata. BlackRock holds sole dispositive power over all 19,753,790 shares and sole voting power over 19,332,195 shares. The filing states that these securities were acquired in the ordinary course of business and are not held for the purpose of changing or influencing the control of the issuer. Various subsidiaries of BlackRock are involved in the holding, though no individual person's interest exceeds 5% of the total outstanding common shares. This substantial institutional investment highlights BlackRock's strengthened position as a major shareholder in the fast-food chain.