McDonald’s Corporation $MCD Shares Acquired by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich grew its position in McDonald’s Corporation (NYSE:MCD) by 1.6% in the fourth quarter, HoldingsChannel reports. The fund owned 164,778 shares of the fast-food giant’s stock after acquiring an additional 2,572 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in McDonald’s were worth $50,396,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Your Advocates Ltd. LLP acquired a new position in shares of McDonald’s in the fourth quarter worth about $27,000. Park Place Capital Corp raised its position in shares of McDonald’s by 95.7% in the fourth quarter. Park Place Capital Corp now owns 92 shares of the fast-food giant’s stock worth $28,000 after acquiring an additional 45 shares during the period. DecisionPoint Financial LLC raised its position in shares of McDonald’s by 1,616.7% in the fourth quarter. DecisionPoint Financial LLC now owns 103 shares of the fast-food giant’s stock worth $31,000 after acquiring an additional 97 shares during the period. Painted Porch Advisors LLC raised its position in shares of McDonald’s by 735.7% in the third quarter. Painted Porch Advisors LLC now owns 117 shares of the fast-food giant’s stock worth $36,000 after acquiring an additional 103 shares during the period. Finally, Saranac Partners Ltd acquired a new position in shares of McDonald’s in the third quarter worth about $37,000. Institutional investors and hedge funds own 70.29% of the company’s stock.

Insider Buying and Selling

In other news, EVP Jonathan Banner sold 6,201 shares of the stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $333.29, for a total value of $2,066,731.29. Following the completion of the sale, the executive vice president owned 2,291 shares of the company’s stock, valued at $763,567.39. This represents a 73.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Christopher J. Kempczinski sold 26,276 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $333.54, for a total transaction of $8,764,097.04. Following the completion of the sale, the chief executive officer directly owned 22,900 shares of the company’s stock, valued at $7,638,066. The trade was a 53.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 38,395 shares of company stock valued at $12,710,070. Insiders own 0.26% of the company’s stock.

McDonald’s News Roundup

Here are the key news stories impacting McDonald’s this week:

• Positive Sentiment: McDonald’s announced a landmark stadium naming-rights deal with the Chicago Fire, branding the new venue “McDonald’s Park.” The partnership expands brand visibility, includes a new flagship restaurant, and supports youth soccer and community programs, which could help long-term brand strength. McDonald’s and Chicago Fire Football Club Announce Landmark Stadium Naming Rights Partnership
• Neutral Sentiment: Several reports highlighted McDonald’s recent first-quarter beat and noted that analysts still see the company as a strong blue-chip dividend name, even after RBC trimmed its price target. This supports the view that the business remains fundamentally solid, but the market is still cautious on near-term upside. RBC Capital Trims Price Target on McDonald’s (MCD) Despite Better-than-Expected Q1
• Neutral Sentiment: Other coverage focused on McDonald’s pricing, breakfast promotions, and broader restaurant-stock trends, which may influence consumer perception but do not appear to be immediate stock catalysts.
• Negative Sentiment: Investors are weighing worries that rising gas prices could squeeze consumers and reduce fast-food visits, adding pressure to McDonald’s shares after the recent earnings report. McDonald's Stock Hits 52-Week Lows: High Gas Prices Could Make Things Worse

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on MCD. Truist Financial upped their price objective on shares of McDonald’s from $356.00 to $370.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. JPMorgan Chase & Co. reduced their price target on shares of McDonald’s from $325.00 to $305.00 and set an “overweight” rating for the company in a research report on Monday. Evercore set a $350.00 price target on shares of McDonald’s in a research report on Friday, May 8th. UBS Group upped their price target on shares of McDonald’s from $350.00 to $365.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Finally, Tigress Financial upped their price target on shares of McDonald’s from $360.00 to $385.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Seventeen analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, McDonald’s has an average rating of “Moderate Buy” and an average price target of $334.45.

McDonald’s Stock Up 0.3%

MCD opened at $275.56 on Thursday. McDonald’s Corporation has a twelve month low of $271.98 and a twelve month high of $341.75. The company has a 50-day moving average price of $306.54 and a 200 day moving average price of $310.47. The company has a market cap of $195.79 billion, a PE ratio of 22.72, a price-to-earnings-growth ratio of 2.73 and a beta of 0.43.

McDonald’s (NYSE:MCD) last issued its quarterly earnings results on Thursday, May 7th. The fast-food giant reported $2.83 EPS for the quarter, topping the consensus estimate of $2.74 by $0.09. McDonald’s had a net margin of 31.62% and a negative return on equity of 442.10%. The firm had revenue of $6.52 billion during the quarter, compared to analyst estimates of $6.47 billion. During the same quarter in the prior year, the business posted $2.67 earnings per share. McDonald’s’s revenue for the quarter was up 9.4% compared to the same quarter last year. As a group, sell-side analysts expect that McDonald’s Corporation will post 12.96 earnings per share for the current year.

About McDonald’s

McDonald’s Corporation (NYSE: MCD) is a global quick-service restaurant company best known for its hamburgers, French fries and breakfast offerings. The company develops, operates and franchises a system of restaurants that sell a range of food and beverage items, including signature products such as the Big Mac, Quarter Pounder, Chicken McNuggets, McCafé coffee beverages and a variety of salads, desserts and seasonal menu items. McDonald’s serves customers through company-operated restaurants and franchised locations, and it supports sales via dine-in, drive-thru, digital ordering platforms and third-party delivery partnerships.

Founded in 1940 by brothers Richard and Maurice McDonald as a single San Bernardino, California restaurant, the business was transformed into a franchising model after Ray Kroc joined in the mid-1950s and led the brand’s national and international expansion.