Frank Rimerman Advisors LLC Sells 3,211 Shares of McDonald’s Corporation $MCD

Frank Rimerman Advisors LLC lowered its position in McDonald’s Corporation (NYSE:MCD) by 30.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,323 shares of the fast-food giant’s stock after selling 3,211 shares during the period. Frank Rimerman Advisors LLC’s holdings in McDonald’s were worth $1,691,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC raised its position in shares of McDonald’s by 0.6% during the first quarter. Sound Income Strategies LLC now owns 5,590 shares of the fast-food giant’s stock worth $1,718,000 after purchasing an additional 35 shares during the period. Jacobsen Capital Management lifted its holdings in shares of McDonald’s by 2.9% in the 1st quarter. Jacobsen Capital Management now owns 1,267 shares of the fast-food giant’s stock worth $394,000 after purchasing an additional 36 shares in the last quarter. Sterling Investment Counsel LLC lifted its holdings in shares of McDonald’s by 0.7% in the 1st quarter. Sterling Investment Counsel LLC now owns 5,303 shares of the fast-food giant’s stock worth $1,648,000 after purchasing an additional 37 shares in the last quarter. Legacy Wealth Managment LLC ID lifted its holdings in shares of McDonald’s by 11.0% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 372 shares of the fast-food giant’s stock worth $116,000 after purchasing an additional 37 shares in the last quarter. Finally, Millstone Evans Group LLC lifted its holdings in shares of McDonald’s by 2.5% in the 1st quarter. Millstone Evans Group LLC now owns 1,532 shares of the fast-food giant’s stock worth $476,000 after purchasing an additional 38 shares in the last quarter. Institutional investors and hedge funds own 70.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on MCD shares. Melius Research reduced their price target on shares of McDonald’s from $250.00 to $230.00 and set a “sell” rating for the company in a research report on Monday, September 28th. Robert W. Baird lowered their price objective on shares of McDonald’s from $285.00 to $250.00 and set a “neutral” rating on the stock in a report on Thursday, September 24th. TD Cowen lowered their price objective on shares of McDonald’s from $282.00 to $270.00 and set a “hold” rating on the stock in a report on Thursday, September 24th. KeyCorp dropped their price objective on shares of McDonald’s from $305.00 to $280.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 6th. Finally, Seaport Research Partners assumed coverage on shares of McDonald’s in a report on Wednesday, September 16th. They set a “neutral” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $295.94.

Trending Headlines about McDonald’s

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

• Positive Sentiment: McDonald’s is bringing back a popular limited-time meal, while Halloween Boo Buckets are returning with a Disney-themed design. The promotions could support traffic, customer engagement and comparable-store sales. McDonald’s Is Bringing Back a Fan-Favorite Meal
• Positive Sentiment: McDonald’s dividend remains a key attraction: the company has joined the “Dividend King” group after decades of consecutive increases. Income-oriented investors may view the yield above 3% and recurring franchise cash flow favorably. McDonald’s Dividend King Status
• Positive Sentiment: Unusually heavy call-option activity and a broader rotation from technology into beaten-down consumer stocks may be providing additional short-term support for MCD. Consumer Stocks Get a Lift as Investors Rotate Out of Tech
• Neutral Sentiment: Analysts and market commentators generally see the stock as near fair value following its dividend increase. McDonald’s has fallen substantially this year, but investors still need evidence that cash-flow and earnings growth can justify the valuation. McDonald’s May Trade Near Fair Value
• Neutral Sentiment: The company’s planned multibillion-dollar modernization, including drive-thru technology and the “Archy” AI initiative, could improve efficiency over time, although execution and return-on-investment risks remain. McDonald’s Overhaul and AI Drive-Thru
• Negative Sentiment: McDonald’s faces a challenging third-quarter outlook, with weak U.S. sales and questions about value-menu execution. Renewed promotions and operational fixes will need to translate into sustained traffic and earnings growth. Challenging Q3 Outlook
• Negative Sentiment: Some investors argue that an attractive dividend alone is insufficient because the stock’s valuation leaves limited room for disappointment if sales and earnings remain pressured. McDonald’s Dividend Yield and Valuation

McDonald’s Stock Performance

Shares of MCD opened at $242.99 on Friday. The stock has a 50 day moving average price of $252.05 and a two-hundred day moving average price of $272.09. The firm has a market capitalization of $171.95 billion, a P/E ratio of 19.74, a P/E/G ratio of 2.72 and a beta of 0.44. McDonald’s Corporation has a 52 week low of $229.20 and a 52 week high of $341.75.

McDonald’s (NYSE:MCD) last issued its quarterly earnings data 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 negative return on equity of 572.06% and a net margin of 31.72%. The firm had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $7.13 billion. During the same period in the prior year, the business posted $3.19 earnings per share. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. On average, equities analysts forecast that McDonald’s Corporation will post 12.84 earnings per share for the current year.

McDonald’s Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be given a dividend of $1.93 per share. The ex-dividend date of this dividend is Tuesday, December 1st. This is a positive change from McDonald’s’s previous quarterly dividend of $1.86. This represents a $7.72 annualized dividend and a dividend yield of 3.2%. McDonald’s’s payout ratio is presently 60.44%.

McDonald’s Company Profile

McDonald’s Corporation is a global quick-service restaurant company that operates and franchises restaurants under the McDonald’s brand. Its restaurants serve a menu that includes hamburgers, cheeseburgers, chicken sandwiches, French fries, breakfast items, desserts, salads, beverages and coffee. Offerings vary by market, and many locations provide drive-thru service, delivery and digital ordering through the McDonald’s mobile app.

The company operates through a heavily franchised business model, with restaurants owned and operated by independent franchisees, affiliates and the company itself.