Story perspectives
Wendy's Shares Surge 15% Amid Peltz’s Valuation Claims
2/18/2026
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Story summary
- Nelson Peltz, of Trian Fund Management, said Wendy's is undervalued in an SEC filing, causing a 15% share rise.
- Peltz holds 16.24% of Wendy's, up from 16.09% last July.
- Trian Fund Management is exploring financing options for potential acquisitions to gain control of Wendy's.
- Wendy's US same-store sales fell 11.3% in the last quarter.
- Wendy's forward P/E is 11.05, significantly lower than rivals.
