Sustainable Growth Advisers 13F: Cuts YUM Stake by $134M
Institutional filings show Sustainable Growth Advisers cut its stake in Yum! Brands by nearly 40 percent.
Reviewed by automated data checks against the source filing. How we make and check alerts
Sustainable Growth Advisers sold 981,737 shares from its stake in Yum! Brands, Inc. ($YUM), a 39.30% decrease, according to a 13F filing with the SEC dated October 15, 2026. It reported 1,516,303 shares worth $206.73 million at the end of the quarter.
Since the filing, $YUM is down 0.2% to date (from the $150.83 close on Oct 15, 2026).
Find the original: Sustainable Growth Advisers 13F filings on SEC EDGAR
YUM
Yum! Brands, Inc.
Key Points
- Sustainable Growth Advisers cut its Yum! Brands holdings by 39.3%, selling 981,737 shares during the period.
- Sustainable Growth Advisers held 1,516,303 $YUM shares at quarter end, down 39.30% from the prior quarter.
- Yum! Brands shares recently traded around $149.79, sitting below the mean analyst price target of $171.06.
- Other major institutional investors adjusted their stakes, with Blackrock Inc. trimming its position and JPMorgan Chase adding shares.
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Sustainable Growth Advisers lowered its stake in Yum! Brands, Inc. (NYSE:YUM) during the period, according to a Form 13F filing submitted to the Securities and Exchange Commission on October 15, 2026. Institutional 13F reports look backward at the prior quarter and may not reflect the investor's current holdings today. Keep in mind that 13F filings are backward-looking and show holdings as of the end of the reporting quarter.
What Changed in Sustainable Growth Advisers's Yum! Brands Position
The institutional investor trimmed its position by 981,737 shares, representing a 39.3% decrease for the quarter. That left Sustainable Growth Advisers with 1,516,303 shares of the fast-food operator. The remaining stake was valued at $206,732,751 at the close of the reporting period.
Other Institutional Activity in Yum! Brands
Other large funds made their own adjustments to their Yum! Brands holdings during the quarter. Blackrock Inc. reduced its holdings by 245,858 shares, ending with 26,190,487 shares worth about $3,941,930,054. JPMORGAN CHASE & CO grew its holdings by 646,980 shares, ending with 20,017,649 shares worth about $3,012,856,241. Vanguard Capital Management LLC reduced its holdings by 1,800 shares, ending with 18,000,462 shares worth about $2,709,249,436. Capital International Investors grew its holdings by 134,613 shares, ending with 16,961,198 shares worth about $2,552,829,817. Vanguard Portfolio Management LLC grew its holdings by 61,316 shares, ending with 13,996,754 shares worth about $2,106,651,367.
Yum! Brands, Inc. Stock Down 0.7%
Yum! Brands stock recently traded around $149.79 as of October 16, 2026. The shares sit up about 3.0% from their 50-day moving average of $145.43, and down about 12.0% from their 52-week high of $170.14.
Recent Earnings
For the trailing twelve months, Yum! Brands generated $8,721,999,872 in revenue and reported earnings of $7.94 per share. The company posted a net profit margin of 25.4% and an annual revenue growth rate of 12.2%. The company's next earnings report is scheduled for November 3, 2026.
Dividend
Yum! Brands pays an annual dividend rate of $3.00 per share, giving the stock a dividend yield of 1.99%. The company pays out 36.8% of its earnings as dividends.
Insider Buying and Selling at Yum! Brands, Inc.
Company insiders also transacted in company stock ahead of the filing. On July 1, 2026, KFC Division CEO Scott Mezvinsky bought 483 shares at a price of $68.00 for a total value of $32,844.00. On the same date, Pizza Hut CEO Aaron Powell sold 6,001 shares at a price of $160.42 for a total value of $962,680.42 under a pre-arranged plan. Chief Executive Officer Turner Christopher Lee sold 250 shares at a price of $160.42 for a total value of $40,105.00 under a planned setup. Scott Mezvinsky also disposed of 483 shares on July 1, 2026.
Analysts Set New Price Targets
Wall Street analysts have updated their outlooks on the stock in recent weeks. On September 16, 2026, Baird maintained its Outperform rating while lowering its price target to $165.00 from $174.00. On September 24, 2026, Argus Research downgraded the stock to a Hold rating. On September 29, 2026, JP Morgan maintained an Overweight rating and lowered its price target to $150.00 from $160.00. On October 6, 2026, Guggenheim maintained a Buy rating and lowered its price target to $155.00 from $180.00. On October 7, 2026, TD Cowen maintained a Buy rating and lowered its price target to $177.00 from $180.00. Overall, the stock carries a consensus buy rating across 22 analyst opinions with a mean price target of $171.06.
About Yum! Brands
Yum! Brands operates a sprawling network of quick-service restaurants across the globe. Its well-known restaurant concepts include KFC, Taco Bell, Pizza Hut, and the Habit Burger & Grill division. The company franchises the vast majority of its restaurant locations to independent operators.
Bottom Line
Sustainable Growth Advisers pulled back its exposure to the restaurant operator during the period. Investors will look to the upcoming earnings release on November 3, 2026, for further clues on traffic and same-store sales trends across the company's major brands. Remember that 13F disclosures capture portfolio snapshots from past months and may not represent active trading strategies today.
Related Filing Alerts
Source: Sustainable Growth Advisers's 13F filing on $YUM (Oct 15, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Sustainable Growth Advisers 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts