4,443 Shares in McDonald’s Corporation $MCD Purchased by Ridgewood Investments LLC

Ridgewood Investments LLC bought a new stake in McDonald’s Corporation (NYSE:MCD) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,443 shares of the fast-food giant’s stock, valued at approximately $1,026,000.

Several other large investors also recently added to or reduced their stakes in the business. State Street Corp raised its holdings in shares of McDonald’s by 1.8% during the 2nd quarter. State Street Corp now owns 36,080,505 shares of the fast-food giant’s stock valued at $9,752,921,000 after purchasing an additional 646,675 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in McDonald’s by 7.4% in the fourth 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 purchasing an additional 384,762 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in McDonald’s in the second quarter worth $1,359,276,000. Arrowstreet Capital Limited Partnership increased its position in 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 buying an additional 533,448 shares during the last quarter. Finally, Diamant Asset Management Inc. increased its position in McDonald’s by 30,979.0% during the first quarter. Diamant Asset Management Inc. now owns 2,596,340 shares of the fast-food giant’s stock worth $806,917,000 after buying an additional 2,587,986 shares during the last quarter. 70.29% of the stock is owned by institutional investors.

McDonald’s Stock Up 0.4%

MCD stock traded up $0.81 during mid-day trading on Monday, reaching $232.70. 5,593,000 shares of the stock traded hands, compared to its average volume of 4,176,792. The firm has a market capitalization of $164.67 billion, a PE ratio of 18.90, a P/E/G ratio of 2.59 and a beta of 0.44. The business has a 50-day moving average of $259.04 and a two-hundred day moving average of $277.11. McDonald’s Corporation has a 52 week low of $229.20 and a 52 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, topping analysts’ consensus estimates 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 business had revenue of $7.10 billion for the quarter, compared to analyst estimates of $7.13 billion. During the same period in the previous year, the company posted $3.19 earnings per share. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. On average, equities research analysts anticipate that McDonald’s Corporation will post 12.85 EPS for the current fiscal year.

McDonald’s Increases Dividend

The firm 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 of this dividend is Tuesday, December 1st. This represents a $7.72 annualized dividend and a yield of 3.3%. This is an increase from McDonald’s’s previous quarterly dividend of $1.86. McDonald’s’s dividend payout ratio (DPR) is presently 60.44%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Melius Research cut their target price on McDonald’s from $250.00 to $230.00 and set a “sell” rating on the stock in a report on Monday, September 28th. Morgan Stanley lowered their price objective on McDonald’s from $308.00 to $297.00 and set an “equal weight” rating on the stock in a report on Monday, September 28th. Weiss Ratings downgraded McDonald’s from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday. Citigroup cut their price objective on McDonald’s from $310.00 to $305.00 and set a “buy” rating on the stock in a research note on Thursday, September 24th. Finally, DZ Bank restated a “buy” rating on shares of McDonald’s in a report on Thursday, September 24th. One research 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 given a Sell rating to the company. Based on data from MarketBeat, McDonald’s currently has an average rating of “Moderate Buy” and a consensus price target of $298.52.

Key Headlines Impacting McDonald’s

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

• Positive Sentiment: McDonald’s is pursuing its “McDonald’s NEXT” growth strategy to improve value, regain customer traffic and strengthen digital and restaurant execution. The company has also increased its dividend for the 50th consecutive year, supporting its appeal to income-focused investors. McDonald’s growth strategy article
• Positive Sentiment: The return of the Monopoly promotion, featuring a $1 million prize, and the launch of an exclusive menu item could generate customer interest, visits and limited-term sales momentum. McDonald’s Monopoly promotion McDonald’s exclusive item
• Neutral Sentiment: McDonald’s rejected claims that artificial intelligence is being used to set individualized Big Mac or menu prices. The clarification may limit reputational damage, while the broader AI rollout could still offer operational efficiencies over time. McDonald’s AI pricing response
• Negative Sentiment: Analysts and commentary point to weak traffic, execution challenges and intensifying value competition from quick-service rivals. McDonald’s sharper value efforts may protect market share but could pressure margins if discounts fail to produce enough incremental traffic. McDonald’s value competition analysis
• Negative Sentiment: McDonald’s recently reached a new 52-week low, reflecting investor concerns about the company’s fundamentals and broader weakness in consumer-discretionary stocks as higher borrowing costs weigh on spending and valuations. McDonald’s 52-week low article Consumer discretionary stock performance

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.