McDonald’s Corporation $MCD Stock: Kestra Advisory Services LLC Boosts Stake

Kestra Advisory Services LLC increased its position in shares of McDonald’s Corporation (NYSE:MCD) by 2.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 208,813 shares of the fast-food giant’s stock after buying an additional 4,227 shares during the quarter. Kestra Advisory Services LLC’s holdings in McDonald’s were worth $48,223,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Legacy Wealth Managment LLC ID grew its holdings in shares of McDonald’s by 11.0% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 372 shares of the fast-food giant’s stock worth $116,000 after purchasing an additional 37 shares in the last quarter. Millstone Evans Group LLC raised its holdings in shares of McDonald’s by 2.5% in the first quarter. Millstone Evans Group LLC now owns 1,532 shares of the fast-food giant’s stock valued at $476,000 after buying an additional 38 shares during the last quarter. Signature Equity Partners LLC lifted its position in shares of McDonald’s by 3.6% during the first quarter. Signature Equity Partners LLC now owns 1,087 shares of the fast-food giant’s stock worth $338,000 after purchasing an additional 38 shares in the last quarter. Harbor Investment Advisory LLC lifted its holdings in McDonald’s by 1.0% during the 2nd quarter. Harbor Investment Advisory LLC now owns 4,019 shares of the fast-food giant’s stock worth $1,086,000 after buying an additional 38 shares in the last quarter. Finally, Parkwoods Wealth Partners LLC boosted its holdings in McDonald’s by 4.5% in the second quarter. Parkwoods Wealth Partners LLC now owns 891 shares of the fast-food giant’s stock valued at $241,000 after acquiring an additional 38 shares during the last quarter. 70.29% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have commented on MCD. DZ Bank reaffirmed a “buy” rating on shares of McDonald’s in a report on Thursday, September 24th. Guggenheim cut their target price on shares of McDonald’s from $290.00 to $250.00 and set a “neutral” rating on the stock in a report on Monday, October 5th. Tigress Financial lifted their price target on shares of McDonald’s from $385.00 to $390.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Citigroup upped their price objective on shares of McDonald’s from $295.00 to $315.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Rothschild & Co Redburn dropped their price objective on McDonald’s from $306.00 to $285.00 in a research note on Wednesday, August 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $297.82.

Key McDonald’s News

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 Trading Down 0.6%

Shares of MCD stock traded down $1.68 during trading hours on Friday, hitting $276.36. 6,331,310 shares of the company were exchanged, compared to its average volume of 5,495,061. McDonald’s Corporation has a 52 week low of $229.20 and a 52 week high of $341.75. The business has a 50 day moving average of $248.76 and a two-hundred day moving average of $282.57. The company has a market capitalization 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 released its earnings results on Wednesday, November 4th. The fast-food giant reported $3.57 EPS for the quarter, beating 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 firm had revenue of $7.16 billion for the quarter, compared to analysts’ expectations of $7.28 billion. During the same quarter in the previous year, the business posted $3.22 EPS. The business’s quarterly revenue was up 1.1% compared to the same quarter last year. On average, research analysts forecast that McDonald’s Corporation will post 12.84 EPS for the current year.

McDonald’s Increases Dividend

The company also recently disclosed 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 is a boost from McDonald’s’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $7.72 dividend on an annualized basis and a dividend yield of 2.8%. McDonald’s’s payout ratio is 58.86%.

About McDonald’s

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.