BTG Pactual Asset Management US LLC acquired a new position in McDonald’s Corporation (NYSE:MCD – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,810 shares of the fast-food giant’s stock, valued at approximately $760,000.
Several other large investors have also bought and sold shares of the company. Hamilton Point Investment Advisors LLC boosted its position in shares of McDonald’s by 1.8% during the fourth quarter. Hamilton Point Investment Advisors LLC now owns 1,750 shares of the fast-food giant’s stock valued at $535,000 after purchasing an additional 31 shares in the last quarter. Encompass More Asset Management raised its holdings in McDonald’s by 1.5% in the fourth quarter. Encompass More Asset Management now owns 2,120 shares of the fast-food giant’s stock worth $648,000 after purchasing an additional 32 shares in the last quarter. Richmond Investment Services LLC raised its holdings in McDonald’s by 1.4% in the fourth quarter. Richmond Investment Services LLC now owns 2,278 shares of the fast-food giant’s stock worth $696,000 after purchasing an additional 32 shares in the last quarter. Papamarkou Wellner Asset Management inc. lifted its position in McDonald’s by 0.4% during the fourth quarter. Papamarkou Wellner Asset Management inc. now owns 8,809 shares of the fast-food giant’s stock valued at $2,692,000 after buying an additional 32 shares during the period. Finally, Allied Investment Advisors LLC lifted its position in McDonald’s by 2.6% during the fourth quarter. Allied Investment Advisors LLC now owns 1,366 shares of the fast-food giant’s stock valued at $417,000 after buying an additional 34 shares during the period. 70.29% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
MCD has been the topic of a number of recent research reports. Piper Sandler set a $286.00 target price on shares of McDonald’s in a research report on Tuesday, August 4th. Robert W. Baird raised shares of McDonald’s to a “hold” rating in a research report on Monday, August 24th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of McDonald’s from $335.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Tigress Financial upped their price objective on shares of McDonald’s from $385.00 to $390.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Finally, Evercore set a $320.00 target price on shares of McDonald’s in a research note on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $322.96.
Insider Activity
In other news, insider Joseph M. Erlinger sold 5,252 shares of the stock in a transaction that occurred 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 sale, the insider owned 7,734 shares in the company, valued at $2,198,930.88. This represents a 40.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.26% of the company’s stock.
McDonald’s Price Performance
Shares of NYSE:MCD opened at $264.26 on Tuesday. The business has a fifty day moving average price of $270.55 and a 200-day moving average price of $291.04. The company has a market capitalization of $187.00 billion, a PE ratio of 21.47, a PEG ratio of 2.97 and a beta of 0.41. McDonald’s Corporation has a 1-year low of $259.85 and a 1-year high of $341.75.
McDonald’s (NYSE:MCD – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $7.13 billion. During the same quarter in the previous year, the business posted $3.19 EPS. McDonald’s’s revenue was up 3.7% compared to the same quarter last year. On average, sell-side analysts anticipate that McDonald’s Corporation will post 12.87 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. Stockholders of record on Tuesday, September 1st will be paid a $1.86 dividend. This represents a $7.44 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Tuesday, September 1st. McDonald’s’s dividend payout ratio is currently 60.44%.
Key Headlines Impacting McDonald’s
Here are the key news stories impacting McDonald’s this week:
- Positive Sentiment: McDonald’s is bringing back its popular Spicy McNuggets on September 1 and introducing limited-time or exclusive meals. The promotions could attract customers and improve traffic, although their financial impact remains uncertain. McDonald’s (MCD) Stock Plunges to 52-Week Low Despite Spicy McNuggets Comeback
- Positive Sentiment: Analysts are described as moderately optimistic despite McDonald’s lagging the S&P 500 over the past year. The company’s franchise-heavy model and recurring cash generation may provide longer-term support, while some traditional valuation measures suggest the shares could be relatively inexpensive. Is McDonald’s Stock Underperforming the S&P 500? McDonald’s (MCD) Stock Looks Fairly Priced With Limited Valuation Upside
- Neutral Sentiment: McDonald’s and Taco Bell have launched new energy drinks close together, signaling an effort to capture afternoon demand in an increasingly crowded beverage category. The initiative could create incremental sales but also raises competitive and marketing risks. McDonald’s and Taco Bell Are Fighting Over Your 3 P.M. Pick-Me-Up — Here’s Who’s Winning
- Neutral Sentiment: Several articles discuss menu customization, returning fan-favorite items, regional offerings and operational topics such as ice-cream machines and breakfast preparation. These stories may influence customer engagement but provide limited evidence of a material near-term earnings effect. The easy McDonald’s ordering trick for a basic hamburger with extra flavor A Fan-Favorite McDonald’s Menu Item Is Back
- Negative Sentiment: The most important bearish signal is that MCD recently touched a 52-week low amid declining guest counts. This suggests current promotions are viewed as necessary traffic-recovery measures rather than proof that demand has already stabilized. McDonald’s (MCD) Stock Plunges to 52-Week Low Despite Spicy McNuggets Comeback
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.
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