McDonald’s Corporation $MCD Stock Holdings Lifted by Bessemer Group Inc.

Bessemer Group Inc. lifted its stake in shares of McDonald’s Corporation (NYSE:MCD) by 132.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,325,880 shares of the fast-food giant’s stock after acquiring an additional 754,596 shares during the quarter. McDonald’s accounts for 0.6% of Bessemer Group Inc.’s portfolio, making the stock its 25th largest holding. Bessemer Group Inc.’s holdings in McDonald’s were worth $412,071,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of McDonald’s by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 72,351,127 shares of the fast-food giant’s stock valued at $22,112,675,000 after purchasing an additional 703,458 shares during the last quarter. State Street Corp increased its stake in McDonald’s by 2.7% in the 4th quarter. State Street Corp now owns 35,983,997 shares of the fast-food giant’s stock worth $10,997,789,000 after purchasing an additional 959,140 shares in the last quarter. Geode Capital Management LLC increased its stake in McDonald’s by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 17,038,519 shares of the fast-food giant’s stock worth $5,195,965,000 after purchasing an additional 76,090 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in McDonald’s by 3.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,474,749 shares of the fast-food giant’s stock worth $2,895,768,000 after buying an additional 277,617 shares during the period. Finally, Norges Bank acquired a new stake in McDonald’s during the 4th quarter worth about $2,890,438,000. 70.29% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Joseph M. Erlinger sold 5,252 shares of the business’s stock in a transaction on 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 transaction, the insider directly owned 7,734 shares in the company, valued at $2,198,930.88. The trade was a 40.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of the company’s stock in a transaction on 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 transaction, the executive vice president directly owned 6,268 shares in the company, valued at $1,744,760.48. This trade represents a 30.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,681 shares of company stock valued at $2,456,440 in the last three months. Company insiders own 0.26% of the company’s stock.

McDonald’s News Summary

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

• Positive Sentiment: McDonald’s is rolling out new limited-time items, including Caesar sauce, new chicken offerings, and other menu tests, which could help boost customer interest and restaurant traffic. McDonald’s builds its new menu around a flavor it never sold
• Positive Sentiment: Analysts continue to view McDonald’s as a strong defensive restaurant name, with commentary pointing to customer engagement, value messaging, and marketing campaigns as potential supports for sales. Can McDonald’s Global Marketing Strategy Drive Customer Traffic?
• Positive Sentiment: One Wall Street note kept a Buy rating on MCD even while trimming its price target, suggesting analysts still see upside from current levels. Citigroup price target change
• Neutral Sentiment: McDonald’s is drawing extra attention from investors and traders, with recent coverage framing the stock as a valuation and defensive-name debate rather than a clear new catalyst. MCD at $268, Starbucks at $106: Buy, Sell or Hold?
• Negative Sentiment: Several articles focus on ongoing “McProblem” issues, including concerns that McDonald’s traffic and business momentum have not improved enough, which may be reinforcing investor worries about the core growth outlook. McDonald’s has a McProblem that’s not getting better
• Negative Sentiment: Another report says McDonald’s stock is near its lowest levels in almost two years, highlighting pressure from weaker sentiment and a more cautious view of the company’s growth. Why McDonald’s stock is at nearly 2-year lows

McDonald’s Price Performance

Shares of MCD opened at $273.38 on Friday. The company has a market capitalization of $194.24 billion, a price-to-earnings ratio of 22.54, a P/E/G ratio of 2.75 and a beta of 0.41. McDonald’s Corporation has a fifty-two week low of $264.09 and a fifty-two week high of $341.75. The business’s 50-day moving average is $277.23 and its 200-day moving average is $300.56.

McDonald’s (NYSE:MCD) last posted its quarterly earnings results on Thursday, May 7th. The fast-food giant reported $2.83 EPS for the quarter, topping the consensus estimate of $2.74 by $0.09. McDonald’s had a net margin of 31.62% and a negative return on equity of 442.10%. The business had revenue of $6.52 billion during the quarter, compared to analysts’ expectations of $6.47 billion. During the same period last year, the company posted $2.67 earnings per share. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. Equities research analysts expect that McDonald’s Corporation will post 12.9 earnings per share for the current fiscal year.

McDonald’s Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were given a $1.86 dividend. The ex-dividend date was Tuesday, June 2nd. This represents a $7.44 dividend on an annualized basis and a yield of 2.7%. McDonald’s’s dividend payout ratio is presently 61.34%.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Morgan Stanley decreased their target price on shares of McDonald’s from $331.00 to $322.00 and set an “equal weight” rating for the company in a report on Wednesday. Evercore set a $350.00 price target on shares of McDonald’s in a research report on Friday, May 8th. TD Cowen reaffirmed a “hold” rating on shares of McDonald’s in a research note on Friday, June 12th. Robert W. Baird set a $305.00 price objective on shares of McDonald’s in a research report on Thursday, May 7th. Finally, BTIG Research reissued a “buy” rating and set a $370.00 target price on shares of McDonald’s in a research note on Thursday, May 7th. Fifteen investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, McDonald’s has a consensus rating of “Moderate Buy” and a consensus price target of $335.58.

McDonald’s Profile

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.