TD Cowen Cuts McDonald’s (NYSE:MCD) Price Target to $282.00

McDonald’s (NYSE:MCD) had its price target trimmed by TD Cowen from $300.00 to $282.00 in a report released on Friday,Benzinga reports. The brokerage currently has a hold rating on the fast-food giant’s stock.

A number of other analysts also recently weighed in on MCD. Evercore set a $320.00 price objective on McDonald’s in a report on Thursday, July 23rd. Royal Bank Of Canada cut their target price on McDonald’s from $305.00 to $295.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 5th. Citigroup upped their price target on McDonald’s from $335.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Piper Sandler set a $286.00 price target on McDonald’s in a research note on Tuesday, August 4th. Finally, Argus lowered their price objective on McDonald’s from $320.00 to $310.00 and set a “buy” rating for the company in a research report on Wednesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $320.57.

McDonald’s Price Performance

NYSE:MCD opened at $252.58 on Friday. McDonald’s has a one year low of $252.15 and a one year high of $341.75. The company has a market cap of $178.74 billion, a PE ratio of 20.52, a P/E/G ratio of 2.72 and a beta of 0.41. The firm’s 50 day simple moving average is $267.69 and its 200 day simple moving average is $286.47.

McDonald’s (NYSE:MCD) last announced its quarterly earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.32 by $0.06. The firm had revenue of $7.10 billion during the quarter, compared to analysts’ expectations of $7.13 billion. McDonald’s had a net margin of 31.72% and a negative return on equity of 572.06%. The company’s revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the company posted $3.19 EPS. Equities research analysts expect that McDonald’s will post 12.88 EPS for the current year.

McDonald’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Tuesday, September 1st will be paid a dividend of $1.86 per share. This represents a $7.44 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, September 1st. McDonald’s’s dividend payout ratio (DPR) is currently 60.44%.

Institutional Trading of McDonald’s

A number of institutional investors have recently bought and sold shares of MCD. Brighton Jones LLC increased its holdings in McDonald’s by 21.6% in the fourth 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 in the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of McDonald’s by 2.8% during 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 in the last quarter. Sivia Capital Partners LLC grew its position in shares of McDonald’s by 11.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,017 shares of the fast-food giant’s stock worth $589,000 after buying an additional 206 shares during the period. United Bank grew its position in shares of McDonald’s by 6.0% during the 2nd quarter. United Bank now owns 8,102 shares of the fast-food giant’s stock worth $2,367,000 after buying an additional 459 shares during the period. Finally, Schnieders Capital Management LLC. increased its stake in shares of McDonald’s by 2.5% in the 2nd 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. Institutional investors own 70.29% of the company’s stock.

Key Stories Impacting McDonald’s

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

• Positive Sentiment: McDonald’s CEO said some customer groups are ordering more Happy Meals, suggesting continued appeal for the company’s value-oriented family offerings. This group is ordering more Happy Meals, McDonald’s CEO says
• Positive Sentiment: New and limited-time menu initiatives—including a fall latte, an exclusive meal and a SpongeBob–One Piece Happy Meal collaboration—could support restaurant traffic and customer engagement. McDonald’s new fall latte SpongeBob and One Piece Happy Meal collaboration
• Neutral Sentiment: McDonald’s and Burger King are reportedly emphasizing human workers as a way to improve the customer experience. The strategy may strengthen service and brand perception, but could also carry higher labor costs. McDonald’s and Burger King turn to human workers
• Neutral Sentiment: Promotions such as free or discounted double cheeseburgers and highly publicized menu items may boost visits, although investors will watch whether incremental sales offset promotional pressure on margins. McDonald’s National Cheeseburger Day promotion
• Negative Sentiment: TD Cowen lowered its McDonald’s price target from $300 to $282 and assigned a “hold” rating. Although the revised target implies upside from the current level, the cut signals reduced near-term conviction.
• Negative Sentiment: Erste Group Bank trimmed its FY2027 EPS estimate from $14.00 to $13.96, adding to concerns about limited earnings growth.
• Negative Sentiment: Coverage highlighting McDonald’s new one-year low reinforces technical weakness and may encourage additional selling, despite the company’s strong profitability and recent quarterly EPS beat. McDonald’s sets new one-year low

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.