In 2005, Trian Partners was founded by activist investor Nelson Peltz, who has a history of buying shares, securing board seats and orchestrating M&A deals.
Trian Partners owns 11% of The Wendy s Company WEN, where Peltz is the non-executive chairman, as well as Sysco SYY and The Madison Square Garden Entertainment Corp. MSGE, with $8.5 billion in assets under management.
Peltz was also a director at H.J. Heinz Company was founded in 2013 when Warren Buffett's Berkshire Hathaway NYSE: BRK-A and 3 G Capital Management purchased it for $28 billion. The company then turned into Kraft Heinz KHC.
Read on to learn more about three dividend stocks - Trian's most held positions.
26% or $2.51 per share are semiannual payments with an inconsistent track record of increasing its dividends. Ferguson distributes plumbing and HVAC products to repair, maintenance, improvement, new construction, and civil infrastructure markets, serving over 1 million customers and sourcing products from 34,000 suppliers. During the second quarter, Trian Partners purchased more than 1.4 million shares of Ferguson, representing 31% of the total portfolio, bringing the share count to over 12 million shares.