Markowski Investments purchased a new stake in McDonald’s Corporation (NYSE:MCD – Free Report) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 4,193 shares of the fast-food giant’s stock, valued at approximately $1,133,000.
Several other hedge funds also recently added to or reduced their stakes in the stock. IFC & Insurance Marketing Inc. acquired a new position in shares of McDonald’s in the 4th quarter valued at $29,000. Abound Financial LLC acquired a new stake in McDonald’s during the 4th quarter worth $30,000. Purpose Unlimited Inc. acquired a new stake in McDonald’s during the 4th quarter worth $31,000. Entrust Financial LLC purchased a new stake in McDonald’s in the fourth quarter valued at $31,000. Finally, GKV Capital Management Co. Inc. acquired a new position in McDonald’s in the first quarter valued at $33,000. 70.29% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at McDonald’s
In related news, insider Joseph Erlinger sold 5,252 shares of the stock in a transaction on Wednesday, June 10th. The stock was 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 of the company’s stock, valued at $2,198,930.88. This trade represents a 40.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.26% of the stock is owned by company insiders.
Analyst Ratings Changes
View Our Latest Stock Analysis on MCD
McDonald’s Stock Performance
Shares of MCD opened at $255.69 on Friday. McDonald’s Corporation has a fifty-two week low of $255.49 and a fifty-two week high of $341.75. The firm has a 50-day simple moving average of $269.67 and a 200-day simple moving average of $289.39. The company has a market capitalization of $180.94 billion, a price-to-earnings ratio of 20.77, a price-to-earnings-growth ratio of 2.80 and a beta of 0.41.
McDonald’s (NYSE:MCD – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The fast-food giant reported $3.38 EPS 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 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 prior year, the business earned $3.19 EPS. The firm’s revenue was up 3.7% compared to the same quarter last year. Equities research analysts forecast that McDonald’s Corporation will post 12.87 EPS 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 paid a dividend of $1.86 per share. This represents a $7.44 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Tuesday, September 1st. McDonald’s’s dividend payout ratio is 60.44%.
Trending Headlines about McDonald’s
Here are the key news stories impacting McDonald’s this week:
- Positive Sentiment: Valuation may attract contrarian buyers: McDonald’s is trading at roughly 19.15 times earnings, below the restaurant industry’s average multiple. Analysts point to global expansion, digital initiatives and new product efforts as possible catalysts for a recovery. McDonald’s Trades at 19.15X P/E: Is This a Discounted Opportunity?
- Positive Sentiment: Promotional activity could support traffic: McDonald’s is bringing back popular menu items, launching a Texas-themed meal with collectible cups and promoting limited-time products. These campaigns may encourage visits and improve near-term sales, though their financial impact is unproven. McDonald’s launches exclusive state-themed meal
- Neutral Sentiment: Brand visibility remains high: Coverage of McDonald’s breakfast offerings, Grimace appearances, collectible merchandise and Warren Buffett’s long-standing affinity for the brand reinforces consumer awareness but is unlikely to materially change earnings expectations. The best McDonald’s breakfast sandwich isn’t on the menu
- Negative Sentiment: U.S. consumer weakness is the main concern: Reports describe consumer-focused stocks, including McDonald’s, as signaling softer spending in middle America. Articles also highlight customers shifting to competing fast-food chains, increasing pressure on traffic and comparable sales. Wall Street worried about consumer stocks
- Negative Sentiment: Value positioning remains problematic: Coverage says McDonald’s $3 value offering has not fully delivered for customers or the company, raising concerns about affordability, franchisee economics and the effectiveness of discounting. Why you can’t find McDonald’s $3 value menu
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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