D.A. Davidson & CO. cut its stake in shares of McDonald’s Corporation (NYSE:MCD – Free Report) by 14.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 118,115 shares of the fast-food giant’s stock after selling 20,352 shares during the period. D.A. Davidson & CO.’s holdings in McDonald’s were worth $27,278,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the company. GKV Capital Management Co. Inc. bought a new position in McDonald’s in the first quarter valued at about $33,000. Financial Life Planners acquired a new stake in shares of McDonald’s during the first quarter valued at about $51,000. POM Investment Strategies LLC grew its holdings in shares of McDonald’s by 46.2% during the second quarter. POM Investment Strategies LLC now owns 174 shares of the fast-food giant’s stock worth $47,000 after purchasing an additional 55 shares during the last quarter. Westfuller Advisors LLC grew its holdings in shares of McDonald’s by 140.0% during the second quarter. Westfuller Advisors LLC now owns 180 shares of the fast-food giant’s stock worth $49,000 after purchasing an additional 105 shares during the last quarter. Finally, Burkett Financial Services LLC grew its holdings in shares of McDonald’s by 2,312.5% during the third quarter. Burkett Financial Services LLC now owns 193 shares of the fast-food giant’s stock worth $45,000 after purchasing an additional 185 shares during the last quarter. 70.29% of the stock is currently owned by institutional investors.
McDonald’s Trading Up 0.4%
NYSE MCD opened at $250.54 on Thursday. The business’s 50-day moving average price is $248.68 and its two-hundred day moving average price is $283.93. McDonald’s Corporation has a 12 month low of $229.20 and a 12 month high of $341.75. The firm has a market capitalization of $177.30 billion, a PE ratio of 20.35, a price-to-earnings-growth ratio of 2.83 and a beta of 0.44.
McDonald’s (NYSE:MCD – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share for the quarter, beating 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 company had revenue of $7.10 billion during the quarter, compared to analysts’ expectations of $7.13 billion. During the same quarter in the prior year, the firm posted $3.19 earnings per share. The business’s quarterly revenue was up 3.7% on a year-over-year basis. As a group, analysts forecast that McDonald’s Corporation will post 12.83 earnings per share 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. Investors of record on Tuesday, December 1st will be issued a $1.93 dividend. The ex-dividend date is Tuesday, December 1st. This is a boost from McDonald’s’s previous quarterly dividend of $1.86. This represents a $7.72 annualized dividend and a yield of 3.1%. McDonald’s’s dividend payout ratio (DPR) is currently 60.44%.
McDonald’s News Summary
Here are the key news stories impacting McDonald’s this week:
- Positive Sentiment: McDonald’s is rolling out several traffic-driving promotions, including the return of the McRib in six U.S. cities, an $8 meal deal featuring a highly rated burger, and five holiday beverages. These limited-time offerings could support customer visits and seasonal sales. McDonald’s McRib Returns October 27 to Select U.S. Cities
- Positive Sentiment: A planned Pokémon Trading Card Game Happy Meal promotion in November and continued menu innovation may strengthen McDonald’s appeal to families and younger customers, although the financial impact is not yet quantified. McDonald’s x Pokémon TCG Collaboration
- Neutral Sentiment: Wall Street expects earnings growth in next week’s report. Investors are likely focused on comparable sales, consumer demand, value offerings and management’s outlook, while current coverage suggests McDonald’s may not have the strongest setup for an earnings beat. McDonald’s Reports Next Week
- Neutral Sentiment: McDonald’s attracted elevated investor attention and edged higher alongside other restaurant stocks. However, the move appears more tied to sector positioning and comparisons with peers than to a new company-specific financial announcement. Wendy’s Take-Private Offer and Restaurant Stocks
- Negative Sentiment: Analyst commentary remains cautious, with one assessment arguing that McDonald’s prior decline may not have fully reflected its risks. That view could limit upside until the company demonstrates stronger traffic, sales momentum or guidance. McDonald’s 30 Percent Decline Probably Isn’t Enough
- Negative Sentiment: McDonald’s decision to end its FIFA World Cup sponsorship indicates a shift in marketing spending and removes a high-profile global promotional platform. While it may reduce costs, investors could question whether the change affects brand visibility. McDonald’s FIFA Sponsorship Exit
Wall Street Analyst Weigh In
MCD has been the subject of several recent research reports. Loop Capital lowered their price objective on McDonald’s from $301.00 to $273.00 and set a “hold” rating for the company in a research note on Wednesday, August 5th. Bank of America lifted their target price on shares of McDonald’s from $339.00 to $343.00 in a research report on Wednesday, August 5th. Piper Sandler set a $286.00 target price on shares of McDonald’s in a report on Tuesday, August 4th. DZ Bank reissued a “buy” rating on shares of McDonald’s in a report on Thursday, September 24th. Finally, Oppenheimer decreased their price target on shares of McDonald’s from $325.00 to $295.00 and set an “outperform” rating for the company in a research report on Thursday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, McDonald’s currently has a consensus rating of “Moderate Buy” and an average price target of $295.64.
View Our Latest Stock Report on MCD
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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