Kestra Advisory Services LLC increased its holdings in McDonald’s Corporation (NYSE:MCD – Free Report) by 2.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 208,813 shares of the fast-food giant’s stock after acquiring an additional 4,227 shares during the period. Kestra Advisory Services LLC’s holdings in McDonald’s were worth $48,223,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Telos Capital Management Inc. boosted its holdings in McDonald’s by 0.9% in the third quarter. Telos Capital Management Inc. now owns 21,882 shares of the fast-food giant’s stock worth $5,053,000 after purchasing an additional 201 shares in the last quarter. B&D White Capital Company LLC raised its holdings in McDonald’s by 93.5% during the third quarter. B&D White Capital Company LLC now owns 153,880 shares of the fast-food giant’s stock valued at $35,537,000 after buying an additional 74,370 shares in the last quarter. QTR Family Wealth LLC lifted its position in shares of McDonald’s by 22.9% in the third quarter. QTR Family Wealth LLC now owns 1,207 shares of the fast-food giant’s stock worth $279,000 after buying an additional 225 shares during the last quarter. Wealth Dimensions Group Ltd. lifted its position in shares of McDonald’s by 2.7% in the third quarter. Wealth Dimensions Group Ltd. now owns 4,112 shares of the fast-food giant’s stock worth $950,000 after buying an additional 109 shares during the last quarter. Finally, Collaborative Fund Advisors LLC bought a new stake in shares of McDonald’s during the 3rd quarter worth about $625,000. Institutional investors and hedge funds own 70.29% of the company’s stock.
McDonald’s News Summary
Here are the key news stories impacting McDonald’s this week:
- Positive Sentiment: Argus raised its price target to $320 from $310 and reiterated a “buy” rating, signaling confidence in the stock’s prospects. Argus rating
- Neutral Sentiment: McDonald’s is testing value bundles at nearly 2,000 U.S. restaurants, ahead of a planned national value platform in early 2027. The deals may help bring back customers, but the company is still assessing their effect on traffic and orders. McDonald’s value-bundle test
- Neutral Sentiment: Third-quarter profit beat analyst estimates, but revenue missed and U.S. comparable sales declined. That mixed backdrop helps explain why investors are watching for evidence that value promotions can sustain a domestic recovery. Q3 earnings and U.S. traffic
- Negative Sentiment: Consumers have filed a lawsuit alleging McDonald’s labeled McCafé drinks “sugar free” despite some containing as much as 18 grams of sugar. The allegations are unproven, but the case could create legal and reputational risk. McCafé labeling lawsuit
- Negative Sentiment: Freedom Broker cut its rating from “buy” to “hold” and lowered its price target to $298 from $305, adding a more cautious view alongside the recent analyst optimism. Freedom Broker rating change
Wall Street Analyst Weigh In
A number of research analysts have recently commented on MCD shares. Sanford C. Bernstein increased their price objective on McDonald’s from $250.00 to $280.00 and gave the company a “market perform” rating in a report on Thursday. Oppenheimer decreased their target price on McDonald’s from $325.00 to $295.00 and set an “outperform” rating for the company in a research report on Thursday, September 24th. Bank of America increased their price target on McDonald’s from $339.00 to $343.00 in a report on Wednesday, August 5th. Tigress Financial lifted their price target on shares of McDonald’s from $385.00 to $390.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Finally, KeyCorp upped their price objective on shares of McDonald’s from $280.00 to $307.00 and gave the stock an “overweight” rating in a report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $297.82.
Check Out Our Latest Analysis on MCD
McDonald’s Price Performance
Shares of NYSE MCD traded down $1.68 during trading hours on Friday, hitting $276.36. 6,331,310 shares of the company’s stock were exchanged, compared to its average volume of 5,495,061. McDonald’s Corporation has a 1-year low of $229.20 and a 1-year high of $341.75. The stock has a market capitalization of $195.56 billion, a price-to-earnings ratio of 21.86, a PEG ratio of 3.03 and a beta of 0.42. The company’s 50-day moving average price is $248.76 and its 200-day moving average price is $282.57.
McDonald’s (NYSE:MCD – Get Free Report) last released its earnings results on Wednesday, November 4th. The fast-food giant reported $3.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.38 by $0.19. The firm had revenue of $7.16 billion for the quarter, compared to analyst estimates of $7.28 billion. McDonald’s had a negative return on equity of 572.06% and a net margin of 31.72%. The company’s revenue was up 1.1% on a year-over-year basis. During the same quarter last year, the firm posted $3.22 EPS. On average, research analysts expect that McDonald’s Corporation will post 12.84 earnings per share for the current year.
McDonald’s Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be given a $1.93 dividend. This is a positive change from McDonald’s’s previous quarterly dividend of $1.86. This represents a $7.72 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, December 1st. McDonald’s’s dividend payout ratio (DPR) is currently 58.86%.
About McDonald’s
McDonald’s Corporation is a global quick-service restaurant company that operates and franchises restaurants under the McDonald’s brand. Its restaurants serve a menu that includes hamburgers, cheeseburgers, chicken sandwiches, French fries, breakfast items, desserts, salads, beverages and coffee. Offerings vary by market, and many locations provide drive-thru service, delivery and digital ordering through the McDonald’s mobile app.
The company operates through a heavily franchised business model, with restaurants owned and operated by independent franchisees, affiliates and the company itself.
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