Royal London Asset Management Ltd. decreased its position in shares of McDonald’s Corporation (NYSE:MCD – Free Report) by 0.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 332,102 shares of the fast-food giant’s stock after selling 2,838 shares during the period. Royal London Asset Management Ltd.’s holdings in McDonald’s were worth $89,770,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Your Advocates Ltd. LLP acquired a new position in McDonald’s during the fourth quarter worth about $27,000. IFC & Insurance Marketing Inc. bought a new position in shares of McDonald’s during the 4th quarter valued at about $29,000. Abound Financial LLC acquired a new position in shares of McDonald’s in the 4th quarter worth approximately $30,000. Entrust Financial LLC bought a new stake in shares of McDonald’s in the 4th quarter worth approximately $31,000. Finally, Purpose Unlimited Inc. bought a new stake in shares of McDonald’s in the 4th quarter worth approximately $31,000. 70.29% of the stock is currently owned by institutional investors and hedge funds.
More McDonald’s News
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.
Insider Activity at McDonald’s
Wall Street Analyst Weigh In
Several research firms have issued reports on MCD. Freedom Capital raised McDonald’s from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Wells Fargo & Company decreased their price target on McDonald’s from $320.00 to $300.00 and set an “overweight” rating for the company in a research report on Thursday, July 16th. KeyCorp dropped their price target on McDonald’s from $315.00 to $305.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 5th. Argus decreased their target price on shares of McDonald’s from $320.00 to $310.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $295.00 target price on shares of McDonald’s in a research report 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 company presently has an average rating of “Moderate Buy” and a consensus price target of $322.96.
View Our Latest Stock Report on McDonald’s
McDonald’s Trading Up 1.9%
Shares of NYSE MCD opened at $265.05 on Friday. McDonald’s Corporation has a one year low of $259.85 and a one year high of $341.75. The business has a 50-day moving average price of $270.67 and a two-hundred day moving average price of $291.72. The firm has a market capitalization of $187.56 billion, a PE ratio of 21.53, a PEG ratio of 2.91 and a beta of 0.41.
McDonald’s (NYSE:MCD – Get Free Report) last issued its earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share for the quarter, beating analysts’ consensus estimates of $3.32 by $0.06. The company had revenue of $7.10 billion for the quarter, compared to the consensus estimate of $7.13 billion. McDonald’s had a negative return on equity of 572.06% and a net margin of 31.72%.The firm’s quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.19 EPS. Research analysts anticipate that McDonald’s Corporation will post 12.87 EPS for the current year.
McDonald’s Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Tuesday, September 1st will be given a $1.86 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $7.44 dividend on an annualized basis and a yield of 2.8%. McDonald’s’s dividend payout ratio is presently 60.44%.
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.
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