Cullinan Associates Inc. trimmed its position in McDonald’s Corporation (NYSE:MCD – Free Report) by 14.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,623 shares of the fast-food giant’s stock after selling 8,028 shares during the period. McDonald’s makes up about 1.0% of Cullinan Associates Inc.’s holdings, making the stock its 25th biggest position. Cullinan Associates Inc.’s holdings in McDonald’s were worth $13,143,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Ascentis Wealth Management LLC grew its stake in shares of McDonald’s by 4,008.8% during the 2nd quarter. Ascentis Wealth Management LLC now owns 84,230 shares of the fast-food giant’s stock worth $22,768,000 after purchasing an additional 82,180 shares during the period. Borer Denton & Associates Inc. increased its holdings in McDonald’s by 16.9% in the second quarter. Borer Denton & Associates Inc. now owns 13,859 shares of the fast-food giant’s stock valued at $3,746,000 after buying an additional 2,000 shares in the last quarter. Peterson Wealth Services lifted its position in shares of McDonald’s by 3,294.5% during the 4th quarter. Peterson Wealth Services now owns 11,779 shares of the fast-food giant’s stock valued at $3,600,000 after acquiring an additional 11,432 shares during the period. Harbour Investments Inc. boosted its stake in shares of McDonald’s by 84.4% during the 4th quarter. Harbour Investments Inc. now owns 35,510 shares of the fast-food giant’s stock worth $10,853,000 after acquiring an additional 16,252 shares in the last quarter. Finally, Capital International Sarl boosted its stake in shares of McDonald’s by 10.4% during the 4th quarter. Capital International Sarl now owns 64,256 shares of the fast-food giant’s stock worth $19,639,000 after acquiring an additional 6,079 shares in the last quarter. 70.29% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research firms recently weighed in on MCD. Mizuho dropped their price objective on McDonald’s from $300.00 to $290.00 and set a “neutral” rating for the company in a research note on Friday, July 31st. Morgan Stanley decreased their target price on McDonald’s from $322.00 to $319.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 5th. Tigress Financial upped their target price on McDonald’s from $385.00 to $390.00 and gave the company a “buy” rating in a report on Friday, July 17th. KeyCorp dropped their price target on McDonald’s from $315.00 to $305.00 and set an “overweight” rating for the company in a research report on Wednesday, August 5th. Finally, Guggenheim cut their price target on McDonald’s from $320.00 to $290.00 and set a “neutral” rating for the company in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $322.96.
McDonald’s Price Performance
Shares of MCD opened at $265.05 on Friday. The firm has a 50 day simple moving average of $270.67 and a 200-day simple moving average of $291.72. McDonald’s Corporation has a 1-year low of $259.85 and a 1-year high of $341.75. The stock has a market cap of $187.56 billion, a price-to-earnings ratio of 21.53, a price-to-earnings-growth ratio of 2.97 and a beta of 0.41.
McDonald’s (NYSE:MCD – Get 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, topping the consensus estimate 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 the consensus estimate of $7.13 billion. During the same period in the previous year, the firm posted $3.19 EPS. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. On average, equities analysts expect that McDonald’s Corporation will post 12.87 earnings per share for the current fiscal 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 issued 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 payout ratio is 60.44%.
McDonald’s News Roundup
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 Buying and Selling at McDonald’s
In other news, insider Joseph M. Erlinger sold 5,252 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $284.32, for a total value of $1,493,248.64. Following the sale, the insider directly owned 7,734 shares in the company, valued at $2,198,930.88. This represents a 40.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.26% of the stock is currently owned by company insiders.
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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