Asset One Wealth Management LLC raised its position in shares of McDonald’s Corporation (NYSE:MCD – Free Report) by 11.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,839 shares of the fast-food giant’s stock after acquiring an additional 2,178 shares during the period. Asset One Wealth Management LLC’s holdings in McDonald’s were worth $4,813,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also made changes to their positions in MCD. Ascentis Wealth Management LLC grew its stake in McDonald’s by 4,008.8% in the 2nd quarter. Ascentis Wealth Management LLC now owns 84,230 shares of the fast-food giant’s stock worth $22,768,000 after acquiring an additional 82,180 shares during the period. Ridgewood Investments LLC acquired a new stake in McDonald’s in the 3rd quarter valued at $1,026,000. Borer Denton & Associates Inc. boosted its holdings in McDonald’s by 16.9% during the second quarter. Borer Denton & Associates Inc. now owns 13,859 shares of the fast-food giant’s stock worth $3,746,000 after buying an additional 2,000 shares during the last quarter. HighTower Advisors LLC grew its stake in McDonald’s by 7.1% in the second quarter. HighTower Advisors LLC now owns 1,471,725 shares of the fast-food giant’s stock valued at $397,822,000 after purchasing an additional 97,060 shares in the last quarter. Finally, Viking Fund Management LLC increased its holdings in shares of McDonald’s by 60.0% during the third quarter. Viking Fund Management LLC now owns 40,000 shares of the fast-food giant’s stock worth $9,238,000 after purchasing an additional 15,000 shares during the period. 70.29% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about McDonald’s
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
Analysts Set New Price Targets
Several research firms have weighed in on MCD. DZ Bank reaffirmed a “buy” rating on shares of McDonald’s in a report on Thursday, September 24th. Guggenheim dropped their target price on McDonald’s from $290.00 to $250.00 and set a “neutral” rating on the stock in a report on Monday, October 5th. BMO Capital Markets reissued an “outperform” rating on shares of McDonald’s in a report on Thursday. Argus boosted their price objective on McDonald’s from $310.00 to $320.00 and gave the stock a “buy” rating in a report on Friday. Finally, Piper Sandler set a $286.00 target price on shares of McDonald’s in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, McDonald’s has an average rating of “Moderate Buy” and an average target price of $297.82.
McDonald’s Price Performance
Shares of NYSE:MCD opened at $276.36 on Friday. The stock has a market capitalization of $195.56 billion, a P/E ratio of 21.86, a P/E/G ratio of 3.03 and a beta of 0.42. McDonald’s Corporation has a fifty-two week low of $229.20 and a fifty-two week high of $341.75. The business has a 50-day moving average of $248.76 and a two-hundred day moving average of $282.57.
McDonald’s (NYSE:MCD – Get Free Report) last posted its earnings results on Wednesday, November 4th. The fast-food giant reported $3.57 earnings per share 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 firm 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 firm posted $3.22 earnings per share. The company’s revenue was up 1.1% on a year-over-year basis. As a group, research analysts expect that McDonald’s Corporation will post 12.84 EPS for the current fiscal year.
McDonald’s Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be given a dividend of $1.93 per share. This is a boost 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 annualized dividend and a yield of 2.8%. McDonald’s’s payout ratio is 58.86%.
McDonald’s Company 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.
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