McDonald’s Corporation $MCD Stock Holdings Reduced by Asset Dedication LLC

Asset Dedication LLC reduced its stake in shares of McDonald’s Corporation (NYSE:MCD) by 18.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,727 shares of the fast-food giant’s stock after selling 1,956 shares during the quarter. Asset Dedication LLC’s holdings in McDonald’s were worth $2,015,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp purchased a new position in McDonald’s in the 2nd quarter valued at approximately $1,359,276,000. Bessemer Group Inc. grew its holdings in McDonald’s by 132.1% in the 1st quarter. Bessemer Group Inc. now owns 1,325,880 shares of the fast-food giant’s stock worth $412,071,000 after buying an additional 754,596 shares in the last quarter. State Street Corp increased its stake in McDonald’s by 1.8% in the second quarter. State Street Corp now owns 36,080,505 shares of the fast-food giant’s stock valued at $9,752,921,000 after acquiring an additional 646,675 shares during the period. 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 valued at $1,130,587,000 after purchasing an additional 533,448 shares during the last quarter. Finally, Ascentis Wealth Management LLC grew its stake in shares of McDonald’s by 23,222.1% in the 2nd quarter. Ascentis Wealth Management LLC now owns 478,103 shares of the fast-food giant’s stock worth $129,236,000 after acquiring an additional 476,053 shares in the last quarter. Institutional investors own 70.29% of the company’s stock.

More 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

Analyst Ratings Changes

Several brokerages have recently weighed in on MCD. Needham & Company LLC reaffirmed a “buy” rating on shares of McDonald’s in a research note on Monday, September 21st. Guggenheim cut their price objective on McDonald’s from $290.00 to $250.00 and set a “neutral” rating on the stock in a research report on Monday, October 5th. BMO Capital Markets reaffirmed an “outperform” rating on shares of McDonald’s in a research note on Thursday. Seaport Research Partners assumed coverage on shares of McDonald’s in a research note on Wednesday, September 16th. They set a “neutral” rating for the company. Finally, Freedom Broker downgraded shares of McDonald’s from a “buy” rating to a “hold” rating and dropped their target price for the stock from $305.00 to $298.00 in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, McDonald’s presently has a consensus rating of “Moderate Buy” and an average target price of $297.82.

McDonald’s Price Performance

NYSE MCD opened at $276.36 on Friday. McDonald’s Corporation has a 12 month low of $229.20 and a 12 month high of $341.75. The company’s 50 day simple moving average is $248.76 and its 200 day simple moving average is $282.57. The company has a market capitalization of $195.56 billion, a P/E ratio of 21.86, a PEG ratio of 3.03 and a beta of 0.42.

McDonald’s (NYSE:MCD) last posted its quarterly earnings data 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 31.72% and a negative return on equity of 572.06%. The business had revenue of $7.16 billion during the quarter, compared to the consensus estimate of $7.28 billion. During the same quarter last year, the company posted $3.22 earnings per share. The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. On average, analysts anticipate that McDonald’s Corporation will post 12.84 earnings per share for the current year.

McDonald’s Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be issued a $1.93 dividend. This is an increase from McDonald’s’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $7.72 dividend on an annualized basis and a dividend yield of 2.8%. McDonald’s’s payout ratio is presently 58.86%.

McDonald’s Profile

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.