StoneX Group Inc. Buys 2,947 Shares of McDonald’s Corporation $MCD

StoneX Group Inc. raised its position in McDonald’s Corporation (NYSE:MCD) by 24.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,977 shares of the fast-food giant’s stock after buying an additional 2,947 shares during the quarter. StoneX Group Inc.’s holdings in McDonald’s were worth $3,552,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. State Street Corp lifted its position in shares of McDonald’s by 1.8% during the second quarter. State Street Corp now owns 36,080,505 shares of the fast-food giant’s stock worth $9,752,921,000 after acquiring an additional 646,675 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in McDonald’s during the 2nd quarter worth about $1,359,276,000. Arrowstreet Capital Limited Partnership lifted its holdings in McDonald’s by 17.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,637,785 shares of the fast-food giant’s stock worth $1,130,587,000 after purchasing an additional 533,448 shares in the last quarter. Swiss National Bank boosted its stake in McDonald’s by 6.9% in the 1st quarter. Swiss National Bank now owns 2,089,980 shares of the fast-food giant’s stock worth $649,545,000 after purchasing an additional 134,480 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in McDonald’s by 3.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,909,321 shares of the fast-food giant’s stock worth $593,366,000 after purchasing an additional 62,562 shares during the period. Institutional investors own 70.29% of the company’s stock.

McDonald’s Trading Down 0.1%

MCD stock opened at $276.36 on Monday. The company’s 50 day moving average is $248.76 and its 200 day moving average is $282.57. The stock has a market cap of $195.56 billion, a price-to-earnings ratio of 21.86, a price-to-earnings-growth 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 earnings results on Wednesday, November 4th. The fast-food giant reported $3.57 earnings per share for the quarter, beating 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 business had revenue of $7.16 billion for the quarter, compared to the consensus estimate of $7.28 billion. During the same period last year, the firm posted $3.22 earnings per share. McDonald’s’s quarterly revenue was up 1.1% on a year-over-year basis. As a group, sell-side analysts forecast that McDonald’s Corporation will post 12.88 EPS for the current fiscal year.

McDonald’s Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be issued a $1.93 dividend. This represents a $7.72 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, December 1st. This is a positive change from McDonald’s’s previous quarterly dividend of $1.86. McDonald’s’s payout ratio is currently 61.08%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on MCD shares. Loop Capital decreased their price target on McDonald’s from $301.00 to $273.00 and set a “hold” rating on the stock in a research report on Wednesday, August 5th. Daiwa Securities Group decreased their target price on shares of McDonald’s from $309.00 to $293.00 and set an “outperform” rating on the stock in a report on Thursday, August 6th. JPMorgan Chase & Co. increased their target price on shares of McDonald’s from $250.00 to $270.00 and gave the stock an “overweight” rating in a research note on Thursday. TD Cowen raised their price target on shares of McDonald’s from $270.00 to $285.00 and gave the company a “hold” rating in a report on Wednesday. Finally, Morgan Stanley cut their price target on shares of McDonald’s from $308.00 to $297.00 and set an “equal weight” rating for the company in a report on Monday, September 28th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $297.82.

McDonald’s News Roundup

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

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.