McDonald’s Corporation $MCD Shares Sold by Miller Howard Investments Inc. NY

Miller Howard Investments Inc. NY lowered its position in McDonald’s Corporation (NYSE:MCD) by 20.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 155,676 shares of the fast-food giant’s stock after selling 40,172 shares during the period. Miller Howard Investments Inc. NY’s holdings in McDonald’s were worth $35,952,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. GKV Capital Management Co. Inc. purchased a new stake in shares of McDonald’s during the 1st quarter valued at about $33,000. Burkett Financial Services LLC boosted its holdings in shares of McDonald’s by 2,312.5% in the third quarter. Burkett Financial Services LLC now owns 193 shares of the fast-food giant’s stock worth $45,000 after buying an additional 185 shares during the last quarter. POM Investment Strategies LLC grew its position in McDonald’s by 46.2% during the second quarter. POM Investment Strategies LLC now owns 174 shares of the fast-food giant’s stock valued at $47,000 after buying an additional 55 shares during the period. Westfuller Advisors LLC increased its holdings in McDonald’s by 140.0% during the second quarter. Westfuller Advisors LLC now owns 180 shares of the fast-food giant’s stock valued at $49,000 after buying an additional 105 shares during the last quarter. Finally, Financial Life Planners purchased a new stake in McDonald’s during the first quarter valued at approximately $51,000. Hedge funds and other institutional investors own 70.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on MCD shares. KeyCorp dropped their price target on shares of McDonald’s from $305.00 to $280.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 6th. Gordon Haskett reduced their price objective on McDonald’s from $315.00 to $285.00 and set a “buy” rating for the company in a research note on Thursday, September 24th. Mizuho reduced 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. Loop Capital decreased their target price on McDonald’s from $301.00 to $273.00 and set a “hold” rating on the stock in a report on Wednesday, August 5th. Finally, HSBC lowered their target price on McDonald’s from $357.00 to $356.00 and set a “buy” rating on the stock in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $295.64.

Trending Headlines about McDonald’s

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

• Positive Sentiment: BTIG reaffirmed its “Buy” rating and set a $295 price target, implying substantial potential upside from recent trading levels. The endorsement supports the view that McDonald’s valuation and earnings outlook remain attractive. BTIG rating report
• Positive Sentiment: The McRib has returned in select U.S. markets for a limited time. The highly recognizable product could increase restaurant traffic, digital engagement and promotional sales, although the geographically limited rollout reduces its companywide financial impact. USA Today McRib article
• Positive Sentiment: Ending McDonald’s more than 30-year FIFA World Cup sponsorship may reduce marketing costs and allow the company to redirect spending toward owned brands and promotions. The potential savings must be balanced against the loss of global visibility. NRN sponsorship article
• Neutral Sentiment: Recent commentary describes McDonald’s as an attractive, potentially underpriced restaurant stock, but this is an opinion rather than a new company disclosure. Seeking Alpha valuation analysis
• Negative Sentiment: Franchisees reportedly cited tough meat and other quality problems with McDonald’s new hand-breaded chicken. Execution issues could slow adoption of a key growth initiative, pressure franchisee economics and hurt customer satisfaction. MarketWatch chicken article
• Negative Sentiment: Erste Group Bank lowered its fiscal 2027 EPS estimates for McDonald’s. Estimate reductions can weigh on valuation and suggest analysts see potential pressure on sales, margins or growth expectations. EPS estimate article

McDonald’s Trading Up 1.0%

McDonald’s stock opened at $250.93 on Tuesday. The firm has a 50 day moving average of $249.77 and a 200 day moving average of $284.75. The firm has a market capitalization of $177.57 billion, a price-to-earnings ratio of 20.38, a P/E/G ratio of 2.83 and a beta of 0.44. McDonald’s Corporation has a 12-month low of $229.20 and a 12-month high of $341.75.

McDonald’s (NYSE:MCD) last released its earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 EPS for the quarter, topping analysts’ consensus estimates of $3.32 by $0.06. McDonald’s had a net margin of 31.72% and a negative return on equity of 572.06%. The company had revenue of $7.10 billion for the quarter, compared to analysts’ expectations of $7.13 billion. During the same quarter last year, the business earned $3.19 EPS. The firm’s revenue was up 3.7% compared to the same quarter last year. On average, analysts predict that McDonald’s Corporation will post 12.84 EPS for the current year.

McDonald’s Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be given a $1.93 dividend. The ex-dividend date is Tuesday, December 1st. This is an increase from McDonald’s’s previous quarterly dividend of $1.86. This represents a $7.72 dividend on an annualized basis and a dividend yield of 3.1%. McDonald’s’s dividend payout ratio (DPR) is currently 60.44%.

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.