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YUM

YUM! BRANDS, INC.

At today's price, YUM! BRANDS, INC. (YUM) is priced for +8.2% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+8.2% growth
Priced In
within-range

Key Takeaways

• Yum! Brands is a franchise royalty machine spanning KFC, Taco Bell, Pizza Hut, and Habit Burger, where most revenue is fees on someone else's restaurants, and in 2025 the model produced a 31.5% operating margin with system sales growing 5% on 3% unit and 3% same-store-sales growth. • The defining tension is brand divergence: Taco Bell same-store sales rose 7% and KFC grew core operating profit 10% while opening nearly 3,000 units, but Pizza Hut same-store sales fell 1%, dropping 3% in the U.S.

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Institutional ownership

1,400 institutional managers reported holding YUM in 13F filings for the quarter ended 2026-03-31. Together they hold about 77% of the company; the top 10 hold 45%. 128 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 7.9M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (3.6 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

YUM has cut its share count 7% over the past five years, spending $3.49B on repurchases. It pays a dividend, and has paid one every year in our records (18 and counting), raised 8 years straight; the current rate is $2.84 a share annually. Cash returned over the past three years: $2.09B in dividends and $1.18B in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at YUM over the trailing three years. Absence is a fact about the company, not a signal. 17 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

YUM's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-08-0.5%-10.3%
2023-11-08+2.8%+2.9%
2024-02-21+2.5%+4.9%
2024-05-08-4.4%-5.7%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

YUM's latest 8-K filings: 2026-06-16 (items 1.01, 8.01); 2026-06-16 (items 7.01, 9.01); 2026-06-02 (items 5.02); 2026-05-19 (items 5.07); 2026-04-29 (items 2.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 28, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.