McDonald’s (NYSE:MCD) Stock Sold Rep. Richard McCormick

Representative Richard McCormick (Republican-Georgia) recently sold shares of McDonald’s Corporation (NYSE:MCD). In a filing disclosed on August 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in McDonald’s stock on July 30th. The trade occurred in the Representative’s “GROWTH PARTNERS ROTH IRA” account.

Representative Richard McCormick also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 7/30/2026.
  • Sold $1,001 – $15,000 in shares of NextEra Energy (NYSE:NEE) on 7/30/2026.
  • Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 7/30/2026.
  • Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 7/30/2026.
  • Sold $1,001 – $15,000 in shares of L3Harris Technologies (NYSE:LHX) on 7/30/2026.
  • Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 7/30/2026.
  • Sold $1,001 – $15,000 in shares of Intercontinental Exchange (NYSE:ICE) on 7/30/2026.
  • Sold $1,001 – $15,000 in shares of Illinois Tool Works (NYSE:ITW) on 7/30/2026.
  • Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 7/30/2026.
  • Sold $1,001 – $15,000 in shares of Emerson Electric (NYSE:EMR) on 7/30/2026.

McDonald’s Trading Down 2.7%

Shares of NYSE MCD opened at $265.43 on Tuesday. The business’s fifty day simple moving average is $273.56 and its 200-day simple moving average is $294.81. McDonald’s Corporation has a 12-month low of $260.96 and a 12-month high of $341.75. The stock has a market cap of $187.83 billion, a P/E ratio of 21.56, a PEG ratio of 3.05 and a beta of 0.41.

McDonald’s (NYSE:MCDGet Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 EPS for the quarter, topping the consensus estimate of $3.32 by $0.06. McDonald’s had a net margin of 31.72% and a negative return on equity of 572.06%. The company had revenue of $7.10 billion during the quarter, compared to analysts’ expectations of $7.13 billion. During the same quarter in the previous year, the business posted $3.19 EPS. The firm’s revenue was up 3.7% on a year-over-year basis. On average, equities analysts forecast that McDonald’s Corporation will post 12.88 EPS for the current fiscal year.

McDonald’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Tuesday, September 1st will be given a dividend of $1.86 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.8%. McDonald’s’s dividend payout ratio is currently 60.44%.

Key Stories Impacting McDonald’s

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

  • Positive Sentiment: McDonald’s is targeting afternoon traffic with a menu strategy aimed directly at Starbucks, including new beverage and snack offerings. The initiative could improve sales during a daypart that has traditionally been less important for the chain. McDonald’s Takes Direct Aim at Starbucks
  • Positive Sentiment: A workforce-management app has helped a McDonald’s franchise reduce the cost of missed shifts, suggesting potential improvements in labor efficiency and restaurant-level profitability. McDonald’s Workforce App
  • Positive Sentiment: Limited-time menu launches, including the Hello Kitty and Godzilla Happy Meal, new fall beverages and Xbox-related rewards, could support traffic, engagement and promotional sales. Hello Kitty and Godzilla Happy Meal
  • Neutral Sentiment: One bullish analyst argues that MCD trades well below the consensus price target and could have substantial upside. However, the company’s recent slowing U.S. sales growth makes that forecast dependent on a meaningful improvement in traffic and execution. McDonald’s Analyst Upside Outlook
  • Neutral Sentiment: A valuation review finds the stock roughly fairly valued on discounted-cash-flow assumptions, though traditional multiples suggest modest undervaluation. This provides some downside support but does not eliminate operating concerns. McDonald’s Valuation Review
  • Negative Sentiment: Burger King is reportedly taking share from McDonald’s at lunch, intensifying concerns about competition in a key sales period. Burger King Competition
  • Negative Sentiment: McDonald’s and Whirlpool executives highlighted similar economic concerns, pointing to cautious consumers and a potentially difficult spending environment. Economic Concerns
  • Negative Sentiment: Commentary on McDonald’s recent earnings described global same-store sales and execution as tepid, reinforcing investor concerns despite the company’s latest EPS beat. McDonald’s Earnings and Execution Analysis

Wall Street Analysts Forecast Growth

MCD has been the subject of several analyst reports. Piper Sandler set a $286.00 price objective on McDonald’s in a research report on Tuesday, August 4th. BTIG Research restated a “buy” rating and set a $350.00 target price on shares of McDonald’s in a research note on Wednesday, August 5th. UBS Group set a $305.00 price target on shares of McDonald’s in a research note on Wednesday, August 5th. Freedom Capital raised shares of McDonald’s from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Finally, Citigroup increased their target price on shares of McDonald’s from $335.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat, McDonald’s presently has an average rating of “Moderate Buy” and an average price target of $325.44.

View Our Latest Report on McDonald’s

Insider Activity

In related news, insider Joseph M. Erlinger sold 5,252 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $284.32, for a total value of $1,493,248.64. Following the completion of the sale, the insider owned 7,734 shares in the company, valued at $2,198,930.88. This trade represents a 40.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of McDonald’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $278.36, for a total value of $769,108.68. Following the completion of the sale, the executive vice president directly owned 6,268 shares in the company, valued at $1,744,760.48. This represents a 30.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 8,348 shares of company stock valued at $2,355,634 over the last three months. 0.26% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On McDonald’s

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in McDonald’s by 21.6% during the 4th quarter. Brighton Jones LLC now owns 9,286 shares of the fast-food giant’s stock valued at $2,692,000 after acquiring an additional 1,649 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of McDonald’s by 2.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,942 shares of the fast-food giant’s stock worth $563,000 after purchasing an additional 52 shares during the period. Sivia Capital Partners LLC grew its position in McDonald’s by 11.4% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,017 shares of the fast-food giant’s stock valued at $589,000 after buying an additional 206 shares during the last quarter. United Bank increased its stake in McDonald’s by 6.0% in the 2nd quarter. United Bank now owns 8,102 shares of the fast-food giant’s stock valued at $2,367,000 after buying an additional 459 shares during the period. Finally, Schnieders Capital Management LLC. raised its position in McDonald’s by 2.5% during the 2nd quarter. Schnieders Capital Management LLC. now owns 12,938 shares of the fast-food giant’s stock worth $3,780,000 after buying an additional 312 shares during the last quarter. Hedge funds and other institutional investors own 70.29% of the company’s stock.

About Representative McCormick

Rich McCormick (Republican Party) is a member of the U.S. House, representing Georgia’s 7th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

McCormick (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 7th Congressional District. He declared candidacy for the 2026 election.

Rich McCormick lives in Suwanee, Georgia. McCormick served in the U.S. Marine Corps and the U.S. Navy. He earned an M.B.A. from National University and an M.D. from Morehouse School of Medicine. McCormick’s career experience includes working as an emergency medicine physician with Gwinnett Medical Center and Northside Hospital, a Marine officer instructor with Georgia Tech and Morehouse College, and a pilot.

About McDonald’s

(Get Free Report)

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.

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