StoneX Group Inc. raised its position in McDonald’s Corporation (NYSE:MCD – Free Report) by 24.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,977 shares of the fast-food giant’s stock after acquiring an additional 2,947 shares during the quarter. StoneX Group Inc.’s holdings in McDonald’s were worth $3,552,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of New York Mellon Corp bought a new position in McDonald’s in the 2nd quarter worth $1,359,276,000. Bessemer Group Inc. lifted its holdings in shares of McDonald’s by 132.1% during the first quarter. Bessemer Group Inc. now owns 1,325,880 shares of the fast-food giant’s stock valued at $412,071,000 after purchasing an additional 754,596 shares during the last quarter. State Street Corp boosted its holdings in McDonald’s by 1.8% in the second quarter. State Street Corp now owns 36,080,505 shares of the fast-food giant’s stock worth $9,752,921,000 after acquiring an additional 646,675 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in McDonald’s by 17.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,637,785 shares of the fast-food giant’s stock worth $1,130,587,000 after purchasing an additional 533,448 shares in the last quarter. Finally, Ascentis Wealth Management LLC lifted its stake in shares of McDonald’s by 23,222.1% in the second quarter. Ascentis Wealth Management LLC now owns 478,103 shares of the fast-food giant’s stock worth $129,236,000 after buying an additional 476,053 shares in the last quarter. Institutional investors own 70.29% of the company’s stock.
Trending Headlines about McDonald’s
Here are the key news stories impacting McDonald’s this week:
- Positive Sentiment: Argus raised its price target to $320 from $310 and reiterated a “buy” rating, signaling confidence in the stock’s prospects. Argus rating
- Neutral Sentiment: McDonald’s is testing value bundles at nearly 2,000 U.S. restaurants, ahead of a planned national value platform in early 2027. The deals may help bring back customers, but the company is still assessing their effect on traffic and orders. McDonald’s value-bundle test
- Neutral Sentiment: Third-quarter profit beat analyst estimates, but revenue missed and U.S. comparable sales declined. That mixed backdrop helps explain why investors are watching for evidence that value promotions can sustain a domestic recovery. Q3 earnings and U.S. traffic
- Negative Sentiment: Consumers have filed a lawsuit alleging McDonald’s labeled McCafé drinks “sugar free” despite some containing as much as 18 grams of sugar. The allegations are unproven, but the case could create legal and reputational risk. McCafé labeling lawsuit
- Negative Sentiment: Freedom Broker cut its rating from “buy” to “hold” and lowered its price target to $298 from $305, adding a more cautious view alongside the recent analyst optimism. Freedom Broker rating change
McDonald’s Price Performance
McDonald’s (NYSE:MCD – Get Free Report) last posted its earnings results on Wednesday, November 4th. The fast-food giant reported $3.57 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.19. The company had revenue of $7.16 billion for the quarter, compared to analyst estimates of $7.28 billion. McDonald’s had a net margin of 32.38% and a negative return on equity of 671.56%. The firm’s revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.22 EPS. As a group, analysts expect that McDonald’s Corporation will post 12.88 earnings per share for the current fiscal year.
McDonald’s Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be paid a $1.93 dividend. This represents a $7.72 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Tuesday, December 1st. This is a positive change from McDonald’s’s previous quarterly dividend of $1.86. McDonald’s’s dividend payout ratio (DPR) is currently 61.08%.
Analysts Set New Price Targets
Several equities research analysts recently commented on the company. HSBC started coverage on McDonald’s in a research report on Thursday. They set a “strong-buy” rating on the stock. Freedom Capital upgraded McDonald’s from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Gordon Haskett reduced their target price on shares of McDonald’s from $315.00 to $285.00 and set a “buy” rating for the company in a report on Thursday, September 24th. BTIG Research raised their price target on McDonald’s from $295.00 to $305.00 and gave the company a “buy” rating in a report on Thursday. Finally, Tigress Financial lifted their price objective on shares of McDonald’s from $385.00 to $390.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, McDonald’s presently has a consensus rating of “Moderate Buy” and an average price target of $297.82.
View Our Latest Stock Report on MCD
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.
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