Sen. Cory A. Booker Sells Shares of McDonald’s Corporation (NYSE:MCD)

Senator Cory A. Booker (Democratic-New Jersey) recently sold shares of McDonald’s Corporation (NYSE:MCD). In a filing disclosed on September 09th, the Senator disclosed that they had sold between $15,001 and $50,000 in McDonald’s stock on August 11th.

Senator Cory A. Booker also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Netflix (NASDAQ:NFLX) on 8/11/2026.
  • Sold $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/11/2026.
  • Sold $1,001 – $15,000 in shares of Alnylam Pharmaceuticals (NASDAQ:ALNY) on 8/11/2026.
  • Sold $1,001 – $15,000 in shares of JD.com (NASDAQ:JD) on 8/11/2026.
  • Sold $100,001 – $250,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/11/2026.

McDonald’s Trading Down 0.2%

MCD opened at $252.58 on Friday. McDonald’s Corporation has a 1-year low of $252.15 and a 1-year high of $341.75. The company has a market capitalization of $178.74 billion, a PE ratio of 20.52, a PEG ratio of 2.72 and a beta of 0.41. The firm’s 50 day simple moving average is $267.69 and its two-hundred day simple moving average is $286.80.

McDonald’s (NYSE:MCDGet Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.32 by $0.06. The firm had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $7.13 billion. McDonald’s had a net margin of 31.72% and a negative return on equity of 572.06%. The company’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.19 EPS. Equities analysts forecast that McDonald’s Corporation will post 12.88 earnings per share for the current fiscal year.

McDonald’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $1.86 per share. This represents a $7.44 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, September 1st. McDonald’s’s dividend payout ratio is currently 60.44%.

Wall Street Analyst Weigh In

Several analysts have issued reports on MCD shares. UBS Group set a $305.00 price target on McDonald’s in a report on Wednesday, August 5th. Argus decreased their price objective on McDonald’s from $320.00 to $310.00 and set a “buy” rating on the stock in a research note on Wednesday, August 26th. Wells Fargo & Company lowered their price objective on McDonald’s from $320.00 to $300.00 and set an “overweight” rating on the stock in a research report on Thursday, July 16th. KeyCorp cut their price objective on McDonald’s from $315.00 to $305.00 and set an “overweight” rating for the company in a research note on Wednesday, August 5th. Finally, Tigress Financial increased their target price on shares of McDonald’s from $385.00 to $390.00 and gave the stock a “buy” rating in a report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, McDonald’s has a consensus rating of “Moderate Buy” and a consensus target price of $320.57.

Get Our Latest Stock Analysis on McDonald’s

McDonald’s News Summary

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

  • Positive Sentiment: McDonald’s CEO said some customer groups are ordering more Happy Meals, suggesting continued appeal for the company’s value-oriented family offerings. This group is ordering more Happy Meals, McDonald’s CEO says
  • Positive Sentiment: New and limited-time menu initiatives—including a fall latte, an exclusive meal and a SpongeBob–One Piece Happy Meal collaboration—could support restaurant traffic and customer engagement. McDonald’s new fall latte SpongeBob and One Piece Happy Meal collaboration
  • Neutral Sentiment: McDonald’s and Burger King are reportedly emphasizing human workers as a way to improve the customer experience. The strategy may strengthen service and brand perception, but could also carry higher labor costs. McDonald’s and Burger King turn to human workers
  • Neutral Sentiment: Promotions such as free or discounted double cheeseburgers and highly publicized menu items may boost visits, although investors will watch whether incremental sales offset promotional pressure on margins. McDonald’s National Cheeseburger Day promotion
  • Negative Sentiment: TD Cowen lowered its McDonald’s price target from $300 to $282 and assigned a “hold” rating. Although the revised target implies upside from the current level, the cut signals reduced near-term conviction.
  • Negative Sentiment: Erste Group Bank trimmed its FY2027 EPS estimate from $14.00 to $13.96, adding to concerns about limited earnings growth.
  • Negative Sentiment: Coverage highlighting McDonald’s new one-year low reinforces technical weakness and may encourage additional selling, despite the company’s strong profitability and recent quarterly EPS beat. McDonald’s sets new one-year low

Institutional Investors Weigh In On McDonald’s

A number of institutional investors have recently bought and sold shares of the business. IFC & Insurance Marketing Inc. purchased a new position in McDonald’s in the 4th quarter worth approximately $29,000. Abound Financial LLC purchased a new stake in McDonald’s during the 4th quarter valued at approximately $30,000. Entrust Financial LLC bought a new stake in shares of McDonald’s during the fourth quarter valued at approximately $31,000. Purpose Unlimited Inc. bought a new stake in shares of McDonald’s during the fourth quarter valued at approximately $31,000. Finally, GKV Capital Management Co. Inc. purchased a new position in shares of McDonald’s in the first quarter worth $33,000. Hedge funds and other institutional investors own 70.29% of the company’s stock.

About Senator Booker

Cory Booker (Democratic Party) is a member of the U.S. Senate from New Jersey. He assumed office on October 31, 2013. His current term ends on January 3, 2027. Booker (Democratic Party) ran for re-election to the U.S. Senate to represent New Jersey. He won in the general election on November 3, 2020. Booker also ran for election for President of the United States. He did not appear on the ballot for the Democratic convention on August 18, 2020. Booker announced that he was running for president of the United States on February 1, 2019. He suspended his presidential campaign on January 13, 2020. Before being elected to the Senate, Booker served as the 36th mayor of Newark. He also served on the Newark City Council for the Central Ward. In September 2017, he was rated the third most liberal senator based on his voting record, according to The New York Times. Booker was born in 1969 in Washington, D.C., and grew up in Harrington Park, New Jersey. He attended Stanford University on a varsity football scholarship, receiving a B.A. in 1991 and an M.A. in 1992. Booker was a Rhodes Scholar at the University of Oxford, where he earned a graduate degree in history in 1994. He then attended Yale Law School, graduating with a J.D. in 1997. After completing his education, Booker moved into a public housing project in Newark, New Jersey, became a tenant organizer, and founded a nonprofit that provided legal assistance to low-income families. He was elected to the Newark City Council in 1998 and served there until 2002, when he ran unsuccessfully for mayor. The same year, he became a partner at Booker, Rabinowitz, Trenk, Lubetkin, Tully, DiPasquale & Webster. In 2006, Booker ran again for mayor of Newark and was elected with 72% of the vote. He served as mayor until 2013. On October 16, 2013, Booker won a special election to the U.S. Senate after the death of Sen. Frank Lautenberg (D). Booker was re-elected to the U.S. Senate on November 4, 2014. In 2016, Booker published a memoir titled United: Thoughts on Finding Common Ground and Advancing the Common Good.

McDonald’s Company Profile

(Get Free Report)

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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