2,178 McDonald’s Corporation $MCD Shares Bought by Asset One Wealth Management LLC

Asset One Wealth Management LLC raised its position in shares of McDonald’s Corporation (NYSE:MCD) by 11.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,839 shares of the fast-food giant’s stock after buying an additional 2,178 shares during the quarter. Asset One Wealth Management LLC’s holdings in McDonald’s were worth $4,813,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of MCD. State Street Corp lifted its holdings in shares of McDonald’s by 1.8% during 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 purchasing an additional 646,675 shares during the period. Bank of New York Mellon Corp acquired a new stake in McDonald’s during the second quarter worth about $1,359,276,000. Arrowstreet Capital Limited Partnership raised its position in shares of McDonald’s by 17.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,637,785 shares of the fast-food giant’s stock worth $1,130,587,000 after acquiring an additional 533,448 shares during the last quarter. Swiss National Bank lifted its holdings in shares of McDonald’s by 6.9% in the first quarter. Swiss National Bank now owns 2,089,980 shares of the fast-food giant’s stock valued at $649,545,000 after purchasing an additional 134,480 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of McDonald’s by 3.4% during the first quarter. Dimensional Fund Advisors LP now owns 1,909,321 shares of the fast-food giant’s stock worth $593,366,000 after purchasing an additional 62,562 shares during the period. Hedge funds and other institutional investors own 70.29% of the company’s stock.

McDonald’s Stock Down 0.6%

Shares of MCD opened at $276.36 on Friday. The business has a 50-day simple moving average of $248.76 and a two-hundred day simple moving average of $282.57. McDonald’s Corporation has a 12-month low of $229.20 and a 12-month high of $341.75. The stock has a market cap of $195.56 billion, a PE ratio of 21.86, a PEG ratio of 3.03 and a beta of 0.42.

McDonald’s (NYSE:MCD) last posted its earnings results on Wednesday, November 4th. The fast-food giant reported $3.57 EPS for the quarter, topping the consensus estimate of $3.38 by $0.19. McDonald’s had a negative return on equity of 572.06% and a net margin of 31.72%. The business had revenue of $7.16 billion during the quarter, compared to analysts’ expectations of $7.28 billion. During the same period in the previous year, the business earned $3.22 earnings per share. The firm’s revenue was up 1.1% on a year-over-year basis. On average, equities research analysts expect 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. Stockholders of record on Tuesday, December 1st will be paid a $1.93 dividend. This is a boost 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 2.8%. The ex-dividend date of this dividend is Tuesday, December 1st. McDonald’s’s dividend payout ratio is presently 58.86%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. TD Cowen boosted their target price on shares of McDonald’s from $270.00 to $285.00 and gave the stock a “hold” rating in a research report on Wednesday. Sanford C. Bernstein upped their price objective on McDonald’s from $250.00 to $280.00 and gave the stock a “market perform” rating in a research note on Thursday. Bank of America increased their target price on shares of McDonald’s from $339.00 to $343.00 in a research report on Wednesday, August 5th. Needham & Company LLC restated a “buy” rating on shares of McDonald’s in a research report on Monday, September 21st. Finally, Argus increased their price objective on McDonald’s from $310.00 to $320.00 and gave the company a “buy” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, McDonald’s has a consensus rating of “Moderate Buy” and an average price target of $297.82.

McDonald’s News Summary

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

• Positive Sentiment: Argus raised its price target to $320 from $310 and reiterated a “buy” rating, signaling confidence in the stock’s prospects. Argus rating
• Neutral Sentiment: McDonald’s is testing value bundles at nearly 2,000 U.S. restaurants, ahead of a planned national value platform in early 2027. The deals may help bring back customers, but the company is still assessing their effect on traffic and orders. McDonald’s value-bundle test
• Neutral Sentiment: Third-quarter profit beat analyst estimates, but revenue missed and U.S. comparable sales declined. That mixed backdrop helps explain why investors are watching for evidence that value promotions can sustain a domestic recovery. Q3 earnings and U.S. traffic
• Negative Sentiment: Consumers have filed a lawsuit alleging McDonald’s labeled McCafé drinks “sugar free” despite some containing as much as 18 grams of sugar. The allegations are unproven, but the case could create legal and reputational risk. McCafé labeling lawsuit
• Negative Sentiment: Freedom Broker cut its rating from “buy” to “hold” and lowered its price target to $298 from $305, adding a more cautious view alongside the recent analyst optimism. Freedom Broker rating change

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.