UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its position in shares of McDonald’s Corporation (NYSE:MCD – Free Report) by 11.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 5,839,330 shares of the fast-food giant’s stock after selling 754,400 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.83% of McDonald’s worth $1,578,429,000 as of its most recent filing with the SEC.
Several other large investors have also bought and sold shares of MCD. IFC & Insurance Marketing Inc. bought a new stake in McDonald’s in the fourth quarter worth about $29,000. Abound Financial LLC bought a new stake in shares of McDonald’s in the 4th quarter worth approximately $30,000. Entrust Financial LLC bought a new stake in McDonald’s during the fourth quarter worth approximately $31,000. Purpose Unlimited Inc. acquired a new position in McDonald’s in the fourth quarter worth approximately $31,000. Finally, GKV Capital Management Co. Inc. bought a new position in shares of McDonald’s in the first quarter valued at $33,000. Institutional investors own 70.29% of the company’s stock.
Insider Activity at McDonald’s
In related news, insider Joseph M. Erlinger sold 5,252 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the completion of the sale, the insider directly owned 7,734 shares in the company, valued at approximately $2,198,930.88. This trade represents a 40.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.26% of the company’s stock.
McDonald’s Trading Up 1.9%
McDonald’s (NYSE:MCD – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The fast-food giant reported $3.38 EPS for the quarter, topping analysts’ consensus estimates of $3.32 by $0.06. McDonald’s had a negative return on equity of 572.06% and a net margin of 31.72%.The firm had revenue of $7.10 billion during the quarter, compared to analyst estimates of $7.13 billion. During the same period last year, the company posted $3.19 EPS. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. Equities analysts forecast that McDonald’s Corporation will post 12.87 earnings per share for the current year.
McDonald’s Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Tuesday, September 1st will be given a $1.86 dividend. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 1st. McDonald’s’s dividend payout ratio is 60.44%.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on MCD shares. Wells Fargo & Company decreased their target price on McDonald’s from $320.00 to $300.00 and set an “overweight” rating on the stock in a report on Thursday, July 16th. BTIG Research reiterated a “buy” rating and issued a $350.00 price target on shares of McDonald’s in a research report on Wednesday, August 5th. Citigroup lifted their price target on McDonald’s from $335.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Argus cut their price objective on McDonald’s from $320.00 to $310.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $295.00 price objective on shares of McDonald’s in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $322.96.
Get Our Latest Analysis on McDonald’s
Key Stories Impacting McDonald’s
Here are the key news stories impacting McDonald’s this week:
- Positive Sentiment: Investors purchased 34,703 MCD call options, approximately 34% above typical volume. The activity may indicate increased bullish speculation, though options flow alone does not confirm a sustained rally.
- Positive Sentiment: McDonald’s benefited from a modest rebound in burger stocks as traders considered whether elevated short interest could contribute to a short squeeze. Wendy’s Climbs 4%, McDonald’s Ticks Up: Is Short Interest Setting Up a Squeeze in the Burger Trade?
- Positive Sentiment: The company is bringing back Spicy McNuggets on September 1 after a two-year absence, alongside other limited-time menu items and seasonal coffee promotions. These launches could support traffic and customer engagement, although their financial impact is likely modest. McDonald’s to Bring Back Spicy McNuggets
- Positive Sentiment: A consumer survey again ranked McDonald’s fries ahead of major competitors, reinforcing the brand’s strong customer recognition. A Hello Kitty and Godzilla Happy Meal promotion may provide additional promotional appeal.
- Neutral Sentiment: Analyst comparisons with Domino’s highlight McDonald’s global expansion, digital initiatives and customer-engagement efforts, but do not represent a new company-specific catalyst. McDonald’s vs. Domino’s: Which Stock Has Better Growth Prospects?
- Neutral Sentiment: Reports about a fake McDonald’s support bot promising free premium AI tools appear to be a scam warning rather than an operating or earnings development.
- Negative Sentiment: Argus lowered its McDonald’s price target to $310, signaling more limited near-term upside despite the target remaining above the current market level. Argus Lowers McDonald’s Price Target
- Negative Sentiment: McDonald’s slipped with other burger stocks after takeover speculation surrounding Wendy’s faded, removing a sector-wide catalyst. Separately, commentary pointing to weakening consumer conditions raises concerns about pressure on traffic and value-focused spending, though the claim is not a formal company forecast.
McDonald’s Company Profile
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.
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