Cullen Capital Management LLC Acquires Shares of 4,137 McDonald’s Corporation $MCD

Cullen Capital Management LLC bought a new position in shares of McDonald’s Corporation (NYSE:MCD) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 4,137 shares of the fast-food giant’s stock, valued at approximately $1,118,000.

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

Insider Activity

In other news, EVP Desiree Ralls-Morrison sold 2,763 shares of the 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 owned 6,268 shares of the company’s stock, valued at $1,744,760.48. This represents a 30.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Joseph M. Erlinger sold 5,252 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the sale, the insider owned 7,734 shares of the company’s stock, valued at $2,198,930.88. This represents a 40.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.26% of the company’s stock.

Trending Headlines about McDonald’s

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

• Positive Sentiment: Brokerages maintain a consensus rating of “Moderate Buy” on McDonald’s, providing some support for the shares. Analysts’ constructive view follows the company’s latest quarterly report, in which adjusted EPS exceeded expectations, although revenue was slightly below estimates. McDonald’s Corporation Receives Consensus Rating of Moderate Buy from Brokerages
• Positive Sentiment: McDonald’s is positioning its beverage lineup to compete more directly with Starbucks’ reported $2 billion Refresher business. Expanding cold-drink offerings could create incremental sales and attract younger or more value-conscious customers, though execution and competitive response remain important. Starbucks built a $2 billion refresher business and now McDonald’s wants a piece of the cold drink war
• Neutral Sentiment: McDonald’s was included in recent restaurant, leisure, and broader hospitality stock watchlists. These lists may reinforce the company’s defensive sector profile, but they do not appear to contain new company-specific information. Top Restaurant Stocks Worth Watching Top Leisure Stocks To Keep An Eye On
• Neutral Sentiment: Articles comparing McDonald’s pumpkin spice latte caffeine levels, its egg sourcing, historical menu items, and an abandoned floating restaurant are primarily consumer-interest stories with limited near-term effect on MCD’s valuation. Starbucks vs McDonald’s Pumpkin Spice Latte Comparison
• Negative Sentiment: McDonald’s removed a long-running menu favorite after 13 years. While discontinuations can simplify operations and make room for new products, they may temporarily frustrate loyal customers and generate negative social-media attention. McDonald’s Just Dropped a Favorite From Its Menu After 13 Years

Analyst Upgrades and Downgrades

Several analysts recently commented on MCD shares. Erste Group Bank cut McDonald’s from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Royal Bank Of Canada lowered their target price on shares of McDonald’s from $305.00 to $295.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 5th. Mizuho reduced their target price on shares of McDonald’s from $300.00 to $290.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Sanford C. Bernstein reissued a “market perform” rating and issued a $295.00 price target on shares of McDonald’s in a research note on Wednesday, August 5th. Finally, Cfra upgraded shares of McDonald’s to a “buy” rating in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $325.88.

McDonald’s Stock Up 0.6%

Shares of MCD opened at $272.53 on Tuesday. McDonald’s Corporation has a 52-week low of $260.96 and a 52-week high of $341.75. The company has a market capitalization of $192.85 billion, a PE ratio of 22.14, a price-to-earnings-growth ratio of 3.04 and a beta of 0.41. The stock has a fifty day simple moving average of $272.08 and a two-hundred day simple moving average of $293.16.

McDonald’s (NYSE:MCD) 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. The business had revenue of $7.10 billion for the quarter, compared to analyst estimates of $7.13 billion. McDonald’s had a negative return on equity of 572.06% and a net margin of 31.72%.The company’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.19 EPS. As a group, equities analysts anticipate that McDonald’s Corporation will post 12.88 earnings per share for the current fiscal year.

McDonald’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Tuesday, September 1st will be paid 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 yield of 2.7%. McDonald’s’s payout ratio is 60.44%.

McDonald’s Company 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.