2,141 Shares in Domino’s Pizza Inc $DPZ Acquired by First Commonwealth Financial Corp PA

First Commonwealth Financial Corp PA purchased a new position in Domino’s Pizza Inc (NASDAQ:DPZ) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 2,141 shares of the restaurant operator’s stock, valued at approximately $924,000.

Several other hedge funds have also recently modified their holdings of the stock. Johnson Financial Group Inc. boosted its position in shares of Domino’s Pizza by 200.0% during the third quarter. Johnson Financial Group Inc. now owns 84 shares of the restaurant operator’s stock worth $36,000 after acquiring an additional 56 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Domino’s Pizza in the 2nd quarter worth $42,000. Westpac Banking Corp boosted its holdings in shares of Domino’s Pizza by 31.2% during the 2nd quarter. Westpac Banking Corp now owns 101 shares of the restaurant operator’s stock valued at $46,000 after purchasing an additional 24 shares during the last quarter. MUFG Securities EMEA plc purchased a new position in shares of Domino’s Pizza during the second quarter valued at about $46,000. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Domino’s Pizza by 64.2% in the third quarter. Smartleaf Asset Management LLC now owns 110 shares of the restaurant operator’s stock worth $48,000 after purchasing an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Domino’s Pizza Price Performance

NASDAQ:DPZ opened at $401.63 on Monday. The firm has a market capitalization of $13.51 billion, a price-to-earnings ratio of 22.86, a PEG ratio of 1.73 and a beta of 1.16. The business has a 50 day simple moving average of $400.26 and a 200-day simple moving average of $416.05. Domino’s Pizza Inc has a 1 year low of $370.70 and a 1 year high of $499.08.

Domino’s Pizza (NASDAQ:DPZ) last released its earnings results on Monday, February 23rd. The restaurant operator reported $5.35 earnings per share for the quarter, missing the consensus estimate of $5.38 by ($0.03). Domino’s Pizza had a net margin of 12.18% and a negative return on equity of 15.28%. The company had revenue of $1.54 billion for the quarter. During the same quarter in the prior year, the company posted $4.89 earnings per share. The business’s revenue was up 6.4% on a year-over-year basis. As a group, analysts expect that Domino’s Pizza Inc will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, March 13th will be given a dividend of $1.99 per share. This represents a $7.96 dividend on an annualized basis and a yield of 2.0%. This is a positive change from Domino’s Pizza’s previous quarterly dividend of $1.74. The ex-dividend date is Friday, March 13th. Domino’s Pizza’s dividend payout ratio (DPR) is presently 45.30%.

Insider Buying and Selling at Domino’s Pizza

In other news, EVP Kelly E. Garcia sold 4,870 shares of the stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $434.06, for a total value of $2,113,872.20. Following the sale, the executive vice president owned 6,744 shares of the company’s stock, valued at approximately $2,927,300.64. This represents a 41.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.89% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on DPZ shares. Piper Sandler reiterated a “neutral” rating and issued a $445.00 target price on shares of Domino’s Pizza in a research report on Monday, November 24th. TD Cowen reissued a “hold” rating and issued a $460.00 target price on shares of Domino’s Pizza in a report on Monday, February 23rd. Barclays reduced their price target on shares of Domino’s Pizza from $405.00 to $370.00 and set an “underweight” rating on the stock in a research report on Wednesday, January 7th. JPMorgan Chase & Co. raised shares of Domino’s Pizza from a “neutral” rating to an “overweight” rating and decreased their price target for the company from $460.00 to $450.00 in a research note on Tuesday, February 24th. Finally, BTIG Research reiterated a “buy” rating on shares of Domino’s Pizza in a research report on Tuesday, February 24th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $475.71.

Key Domino’s Pizza News

Here are the key news stories impacting Domino’s Pizza this week:

• Positive Sentiment: Analyst/value write-up says DPZ remains undervalued with a target up to $477 (roughly 20% upside), supporting a buy/long thesis for value investors. Domino’s Pizza Stock Still Looks Cheap
• Positive Sentiment: Options-focused piece recommends bullish option structures (short OTM puts and buying ITM calls funded by OTM puts) as ways to play the perceived undervaluation — increases demand from derivative traders and can support the equity. Options Plays for DPZ
• Positive Sentiment: Momentum/long-term growth stories highlight DPZ as a top momentum stock and emphasize durable demand and execution, which can attract growth/momentum flows. Why Domino’s is a Top Momentum Stock
• Positive Sentiment: Dividend/buy thesis: a buy piece cites Berkshire-related interest and frames DPZ as a dividend-focused, stable cash generator, which may draw income-oriented investors. Berkshire-Backed Dividend Dynamo
• Positive Sentiment: Fundamental support: coverage notes strong Q4 growth and a higher dividend, prompting fresh valuation takes and reinforcing the buy case. Valuation After Strong Q4
• Positive Sentiment: Operational tailwinds: Zacks highlights same-store sales strength, store economics and unit expansion as drivers of retail/system growth — positive for revenue and margin outlook. Same-Store Sales Strength
• Positive Sentiment: Institutional interest: coverage notes increased institutional focus tied to Nasdaq index inclusion, which can support demand and liquidity for the shares. Institutional Focus in Nasdaq Index
• Neutral Sentiment: Analyst insight roundup: a Globe and Mail piece summarizes varied analyst takes on consumer cyclicals including DPZ — helpful context but not a single new catalyst. Analysts Offer Insights
• Neutral Sentiment: Mixed analyst views: coverage notes diverging analyst perspectives on DPZ’s investment story — increases debate over valuation/timing and can add short-term volatility. Diverging Analyst Views
• Negative Sentiment: Bear case / earnings risk: Zacks research flagged weaker earnings expectations for the near term, a downside catalyst that can cap multiple expansion and pressure the stock if results disappoint. Zacks Predicts Weaker Earnings

Domino’s Pizza Company Profile

Domino’s Pizza, Inc (NASDAQ: DPZ) is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino’s has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino’s Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino’s has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.