MassMutual increased its Yum! Brands stake by 31.7% in Q2; company missed earnings and revenue estimates.

MassMutual Private Wealth & Trust FSB increased its stake in Yum! Brands by 31.7% to 1,414 shares in the second quarter, while other firms like RB Capital Management and Fiduciary Alliance LLC also adjusted their holdings. Yum! Brands reported $1.44 EPS, slightly below the $1.46 estimate, with $1.93 billion in revenue, missing forecasts by $10 million. The company operates global quick-service restaurant chains including KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill. It has a market cap of $40.32 billion, a PE ratio of 28.65, and a beta of 0.73. Yum! Brands declared a quarterly dividend of $0.71 per share, payable September 12. Insiders sold 36,192 shares in the last 90 days, and analysts project 5.94 EPS for the current fiscal year.