Hohimer Wealth Management LLC Purchases 13,007 Shares of McDonald’s Corporation $MCD

Hohimer Wealth Management LLC boosted its position in McDonald’s Corporation (NYSE:MCD) by 67.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,324 shares of the fast-food giant’s stock after purchasing an additional 13,007 shares during the quarter. Hohimer Wealth Management LLC’s holdings in McDonald’s were worth $7,465,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in MCD. GKV Capital Management Co. Inc. bought a new stake in shares of McDonald’s during the 1st quarter valued at $33,000. Burkett Financial Services LLC increased its stake in shares of McDonald’s by 2,312.5% in the 3rd quarter. Burkett Financial Services LLC now owns 193 shares of the fast-food giant’s stock worth $45,000 after acquiring an additional 185 shares in the last quarter. POM Investment Strategies LLC increased its stake in shares of McDonald’s by 46.2% in the 2nd quarter. POM Investment Strategies LLC now owns 174 shares of the fast-food giant’s stock worth $47,000 after acquiring an additional 55 shares in the last quarter. Westfuller Advisors LLC increased its stake in shares of McDonald’s by 140.0% in the 2nd quarter. Westfuller Advisors LLC now owns 180 shares of the fast-food giant’s stock worth $49,000 after acquiring an additional 105 shares in the last quarter. Finally, Mountain Hill Investment Partners Corp. lifted its position in McDonald’s by 777.8% during the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 237 shares of the fast-food giant’s stock valued at $55,000 after acquiring an additional 210 shares during the period. Institutional investors own 70.29% of the company’s stock.

Key McDonald’s News

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

MCD has been the topic of several research reports. Argus boosted their price objective on shares of McDonald’s from $310.00 to $320.00 and gave the stock a “buy” rating in a research note on Friday. Citigroup upped their price objective on shares of McDonald’s from $295.00 to $315.00 and gave the stock a “buy” rating in a report on Thursday. Piper Sandler set a $286.00 target price on shares of McDonald’s in a research note on Tuesday, August 4th. BMO Capital Markets reiterated an “outperform” rating on shares of McDonald’s in a report on Thursday. Finally, Royal Bank Of Canada boosted their price target on McDonald’s from $285.00 to $300.00 and gave the stock a “sector perform” rating in a research report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, McDonald’s currently has a consensus rating of “Moderate Buy” and a consensus target price of $297.82.

McDonald’s Price Performance

Shares of NYSE:MCD opened at $276.36 on Monday. The business has a fifty day moving average price of $248.76 and a 200-day moving average price of $282.57. The company has a market capitalization of $195.56 billion, a PE ratio of 21.86, a PEG ratio of 3.20 and a beta of 0.42. McDonald’s Corporation has a 1-year low of $229.20 and a 1-year high of $341.75.

McDonald’s (NYSE:MCD) last announced its quarterly earnings results on Wednesday, November 4th. The fast-food giant reported $3.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.38 by $0.19. McDonald’s had a net margin of 32.38% and a negative return on equity of 671.56%. The company had revenue of $7.16 billion for the quarter, compared to analysts’ expectations of $7.28 billion. During the same quarter in the previous year, the business posted $3.22 EPS. McDonald’s’s revenue was up 1.1% compared to the same quarter last year. On average, sell-side analysts anticipate that McDonald’s Corporation will post 12.88 earnings per share for the current fiscal year.

McDonald’s Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be paid a dividend of $1.93 per share. The ex-dividend date is Tuesday, December 1st. This represents a $7.72 dividend on an annualized basis and a yield of 2.8%. This is an increase from McDonald’s’s previous quarterly dividend of $1.86. McDonald’s’s dividend payout ratio (DPR) is 61.08%.

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.