McDonald’s Corporation $MCD Holdings Trimmed by Rockland Trust Co.

Rockland Trust Co. trimmed its stake in McDonald’s Corporation (NYSE:MCD) by 6.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 47,832 shares of the fast-food giant’s stock after selling 3,338 shares during the period. Rockland Trust Co.’s holdings in McDonald’s were worth $11,046,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. State Street Corp raised its stake in McDonald’s by 1.8% in the second quarter. State Street Corp now owns 36,080,505 shares of the fast-food giant’s stock worth $9,752,921,000 after buying an additional 646,675 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in McDonald’s by 7.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,560,037 shares of the fast-food giant’s stock worth $1,699,314,000 after buying an additional 384,762 shares during the period. Bank of New York Mellon Corp acquired a new stake in McDonald’s during the 2nd quarter worth about $1,359,276,000. Arrowstreet Capital Limited Partnership grew its stake in shares of McDonald’s by 17.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,637,785 shares of the fast-food giant’s stock worth $1,130,587,000 after purchasing an additional 533,448 shares during the period. Finally, Diamant Asset Management Inc. raised its holdings in McDonald’s by 30,979.0% in the 1st quarter. Diamant Asset Management Inc. now owns 2,596,340 shares of the fast-food giant’s stock worth $806,917,000 after purchasing an additional 2,587,986 shares during the period. Hedge funds and other institutional investors own 70.29% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on MCD. DZ Bank reissued a “buy” rating on shares of McDonald’s in a report on Thursday, September 24th. Weiss Ratings lowered McDonald’s from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday. Loop Capital dropped their price target on shares of McDonald’s from $301.00 to $273.00 and set a “hold” rating on the stock in a research note on Wednesday, August 5th. Citigroup cut their price target on shares of McDonald’s from $310.00 to $305.00 and set a “buy” rating for the company in a report on Thursday, September 24th. Finally, BTIG Research decreased their price objective on shares of McDonald’s from $350.00 to $295.00 and set a “buy” rating on the stock in a report on Thursday, September 24th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $298.52.

Key McDonald’s News

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

• Positive Sentiment: McDonald’s continues to appeal to income-focused investors after increasing its dividend for the 50th consecutive year. The company’s larger payouts provide support for the stock while management works through its operational challenges. Domino’s Pizza Pauses Dividend Growth While McDonald’s Accelerates Payouts
• Positive Sentiment: The company is pursuing its McDonald’s NEXT growth strategy, which is intended to improve value, traffic and consumer engagement. A successful execution could help restore sales momentum and support a recovery from the stock’s recent weakness. McDonald’s Is Undergoing a Massive New Growth Strategy
• Neutral Sentiment: McDonald’s disputed reports that artificial-intelligence models are independently determining Big Mac prices. The response may reduce some reputational risk, although continued discussion of personalized or dynamic pricing underscores customer sensitivity to affordability. McDonald’s Responds to Controversial AI Pricing Claims
• Neutral Sentiment: The return of the Monopoly promotion, including a $1 million prize, could provide a short-term marketing and traffic boost, but it is unlikely to materially change the company’s longer-term earnings outlook. McDonald’s Monopoly Returns
• Negative Sentiment: McDonald’s is competing more aggressively on value as customers remain price-conscious, but analysts point to execution gaps and weak traffic. The need for sharper promotions could pressure margins while rivals fight for the same budget-conscious consumers. Value Wars Intensify: Can McDonald’s Stay Ahead of QSR Rivals?
• Negative Sentiment: Shares are declining alongside other restaurant stocks, although Chipotle’s selling has been considerably heavier. McDonald’s stock is near a 52-week low and remains below its 50-day and 200-day moving averages, signaling persistent technical and sector-wide investor caution. Chipotle Sinks as Restaurant Stocks Dip

McDonald’s Stock Up 0.1%

Shares of McDonald’s stock traded up $0.30 during mid-day trading on Monday, reaching $232.19. 2,749,528 shares of the stock traded hands, compared to its average volume of 4,160,918. The business has a 50-day moving average of $259.04 and a 200 day moving average of $277.11. The stock has a market capitalization of $164.31 billion, a PE ratio of 18.86, a PEG ratio of 2.59 and a beta of 0.44. McDonald’s Corporation has a fifty-two week low of $229.20 and a fifty-two week high of $341.75.

McDonald’s (NYSE:MCD) 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. The firm had revenue of $7.10 billion during 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 revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the company earned $3.19 EPS. On average, equities research analysts expect that McDonald’s Corporation will post 12.85 EPS for the current fiscal year.

McDonald’s Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be given a $1.93 dividend. This represents a $7.72 dividend on an annualized basis and a dividend yield of 3.3%. This is a positive change from McDonald’s’s previous quarterly dividend of $1.86. The ex-dividend date is Tuesday, December 1st. McDonald’s’s dividend payout ratio (DPR) is currently 60.44%.

McDonald’s 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.