McDonald’s Corporation $MCD Shares Bought by Kera Capital Partners Inc.

Kera Capital Partners Inc. grew its holdings in McDonald’s Corporation (NYSE:MCD) by 64.3% during the fourth quarter, HoldingsChannel reports. The firm owned 5,871 shares of the fast-food giant’s stock after acquiring an additional 2,297 shares during the period. Kera Capital Partners Inc.’s holdings in McDonald’s were worth $1,849,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. MV Capital Management Inc. purchased a new stake in shares of McDonald’s in the fourth quarter valued at approximately $1,159,000. Catalyst Investment Management LLC purchased a new position in McDonald’s during the fourth quarter worth approximately $215,000. Sunbelt Securities Inc. lifted its position in McDonald’s by 2.6% during the fourth quarter. Sunbelt Securities Inc. now owns 13,733 shares of the fast-food giant’s stock worth $4,197,000 after buying an additional 348 shares in the last quarter. Cambient Family Office LLC acquired a new position in McDonald’s during the fourth quarter worth $5,650,000. Finally, Ruggaard & Associates LLC boosted its stake in McDonald’s by 4.0% during the fourth quarter. Ruggaard & Associates LLC now owns 1,245 shares of the fast-food giant’s stock worth $380,000 after buying an additional 48 shares during the last quarter. 70.29% of the stock is currently owned by institutional investors and hedge funds.

McDonald’s News Roundup

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

• Positive Sentiment: McDonald’s is bringing back its fried apple pie for a limited time, a nostalgia-driven promotion that could boost traffic and social media buzz around the brand. McDonald’s (MCD) Brings Back Fried Apple Pie After More Than 30 Years
• Positive Sentiment: New coverage highlights McDonald’s mix of value deals, menu innovation, and pop-culture activations as drivers of first-quarter comparable sales, suggesting the company’s marketing strategy is working. McDonald’s Blends Value With Brand Activations: Is It Paying Off?
• Positive Sentiment: Analyst commentary on McDonald’s “McValue” platform and a recent rating upgrade points to improved sentiment around the stock’s valuation and earnings durability. McDonald’s (Mc)Value Finally Reaches Buy Territory (Rating Upgrade)
• Neutral Sentiment: McDonald’s AI drive-thru rollout is another example of the company leaning into automation, but the near-term stock impact is unclear until investors see whether it improves speed, labor efficiency, or customer satisfaction. McDonald’s AI drive-thru may take your next order
• Neutral Sentiment: Several articles simply revisit menu nostalgia, including the return of the fried apple pie and other fan-favorite items, which supports brand engagement but is not a major fundamental catalyst by itself. McDonald’s bringing back iconic sweet treat last offered in 1992
• Negative Sentiment: At least one recent note argues McDonald’s is still delivering results, but not enough to justify a buy, reflecting some hesitation after the stock’s recent weakness. McDonald’s: Still Delivering, But Not Enough For A Buy

McDonald’s Stock Performance

MCD opened at $279.00 on Friday. The stock has a market capitalization of $198.23 billion, a PE ratio of 23.00, a P/E/G ratio of 2.83 and a beta of 0.41. McDonald’s Corporation has a one year low of $271.85 and a one year high of $341.75. The business’s 50 day moving average price is $287.55 and its 200 day moving average price is $305.99.

McDonald’s (NYSE:MCD) last posted its earnings results on Thursday, May 7th. The fast-food giant reported $2.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.74 by $0.09. McDonald’s had a negative return on equity of 442.10% and a net margin of 31.62%.The company had revenue of $6.52 billion during the quarter, compared to analysts’ expectations of $6.47 billion. During the same quarter last year, the firm earned $2.67 earnings per share. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. As a group, equities research analysts forecast that McDonald’s Corporation will post 12.93 earnings per share for the current fiscal year.

McDonald’s Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were issued a dividend of $1.86 per share. The ex-dividend date was Tuesday, June 2nd. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.7%. McDonald’s’s dividend payout ratio is currently 61.34%.

Insider Transactions at McDonald’s

In related news, EVP Desiree Ralls-Morrison sold 2,763 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $278.36, for a total transaction of $769,108.68. Following the completion of the sale, the executive vice president directly owned 6,268 shares of the company’s stock, valued at approximately $1,744,760.48. This trade represents a 30.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Joseph M. Erlinger sold 5,252 shares of the business’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the completion of the sale, the insider owned 7,734 shares in the company, valued at approximately $2,198,930.88. This trade represents a 40.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 11,307 shares of company stock valued at $3,262,622 over the last three months. Corporate insiders own 0.26% of the company’s stock.

Analyst Ratings Changes

MCD has been the subject of several analyst reports. JPMorgan Chase & Co. dropped their target price on McDonald’s from $325.00 to $305.00 and set an “overweight” rating for the company in a report on Monday, May 11th. Rothschild & Co Redburn upgraded McDonald’s from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $260.00 to $306.00 in a report on Thursday, April 23rd. Evercore set a $350.00 price target on shares of McDonald’s in a research report on Friday, May 8th. Erste Group Bank lowered shares of McDonald’s from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, BTIG Research restated a “buy” rating and set a $370.00 price objective on shares of McDonald’s in a research report on Thursday, May 7th. Sixteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $336.26.

About McDonald’s

McDonald’s Corporation (NYSE: MCD) is a global quick-service restaurant company best known for its hamburgers, French fries and breakfast offerings. The company develops, operates and franchises a system of restaurants that sell a range of food and beverage items, including signature products such as the Big Mac, Quarter Pounder, Chicken McNuggets, McCafé coffee beverages and a variety of salads, desserts and seasonal menu items. McDonald’s serves customers through company-operated restaurants and franchised locations, and it supports sales via dine-in, drive-thru, digital ordering platforms and third-party delivery partnerships.

Founded in 1940 by brothers Richard and Maurice McDonald as a single San Bernardino, California restaurant, the business was transformed into a franchising model after Ray Kroc joined in the mid-1950s and led the brand’s national and international expansion.