Hollencrest Capital Management Decreases Holdings in McDonald’s Corporation $MCD

Hollencrest Capital Management decreased its stake in McDonald’s Corporation (NYSE:MCD) by 98.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 266 shares of the fast-food giant’s stock after selling 18,449 shares during the period. Hollencrest Capital Management’s holdings in McDonald’s were worth $72,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Greenwood Capital Associates LLC grew its position in shares of McDonald’s by 23.4% during the 2nd quarter. Greenwood Capital Associates LLC now owns 29,711 shares of the fast-food giant’s stock valued at $8,031,000 after acquiring an additional 5,643 shares during the period. Capital Advisors Inc. OK raised its holdings in shares of McDonald’s by 2.7% in the 2nd quarter. Capital Advisors Inc. OK now owns 6,966 shares of the fast-food giant’s stock worth $1,883,000 after purchasing an additional 183 shares during the period. Delta Asset Management LLC TN raised its holdings in shares of McDonald’s by 0.6% in the 2nd quarter. Delta Asset Management LLC TN now owns 6,828 shares of the fast-food giant’s stock worth $1,846,000 after purchasing an additional 42 shares during the period. Trustmark Bank Trust Department raised its holdings in shares of McDonald’s by 3.4% in the 2nd quarter. Trustmark Bank Trust Department now owns 10,691 shares of the fast-food giant’s stock worth $2,890,000 after purchasing an additional 351 shares during the period. Finally, New Mexico Educational Retirement Board lifted its stake in McDonald’s by 8.6% in the second quarter. New Mexico Educational Retirement Board now owns 35,419 shares of the fast-food giant’s stock valued at $9,574,000 after purchasing an additional 2,800 shares during the last quarter. 70.29% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have weighed in on MCD. Citigroup increased their price objective on McDonald’s from $335.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Barclays lowered their target price on McDonald’s from $380.00 to $350.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $295.00 price target on shares of McDonald’s in a research report on Wednesday, August 5th. TD Cowen reiterated a “hold” rating on shares of McDonald’s in a research note on Tuesday, August 4th. Finally, Guggenheim decreased their price objective on McDonald’s from $320.00 to $290.00 and set a “neutral” rating for the company in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $322.96.

Insiders Place Their Bets

In other McDonald’s 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 value of $1,493,248.64. Following the sale, the insider directly owned 7,734 shares in the company, valued at $2,198,930.88. This represents a 40.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.26% of the company’s stock.

More McDonald’s News

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

• Positive Sentiment: Investors purchased 34,703 MCD call options, approximately 34% above typical volume. The activity may indicate increased bullish speculation, though options flow alone does not confirm a sustained rally.
• Positive Sentiment: McDonald’s benefited from a modest rebound in burger stocks as traders considered whether elevated short interest could contribute to a short squeeze. Wendy’s Climbs 4%, McDonald’s Ticks Up: Is Short Interest Setting Up a Squeeze in the Burger Trade?
• Positive Sentiment: The company is bringing back Spicy McNuggets on September 1 after a two-year absence, alongside other limited-time menu items and seasonal coffee promotions. These launches could support traffic and customer engagement, although their financial impact is likely modest. McDonald’s to Bring Back Spicy McNuggets
• Positive Sentiment: A consumer survey again ranked McDonald’s fries ahead of major competitors, reinforcing the brand’s strong customer recognition. A Hello Kitty and Godzilla Happy Meal promotion may provide additional promotional appeal.
• Neutral Sentiment: Analyst comparisons with Domino’s highlight McDonald’s global expansion, digital initiatives and customer-engagement efforts, but do not represent a new company-specific catalyst. McDonald’s vs. Domino’s: Which Stock Has Better Growth Prospects?
• Neutral Sentiment: Reports about a fake McDonald’s support bot promising free premium AI tools appear to be a scam warning rather than an operating or earnings development.
• Negative Sentiment: Argus lowered its McDonald’s price target to $310, signaling more limited near-term upside despite the target remaining above the current market level. Argus Lowers McDonald’s Price Target
• Negative Sentiment: McDonald’s slipped with other burger stocks after takeover speculation surrounding Wendy’s faded, removing a sector-wide catalyst. Separately, commentary pointing to weakening consumer conditions raises concerns about pressure on traffic and value-focused spending, though the claim is not a formal company forecast.

McDonald’s Stock Up 1.9%

MCD stock opened at $265.05 on Friday. The stock has a 50-day simple moving average of $270.67 and a two-hundred day simple moving average of $291.72. McDonald’s Corporation has a twelve month low of $259.85 and a twelve month high of $341.75. The firm has a market capitalization of $187.56 billion, a PE ratio of 21.53, a PEG ratio of 2.97 and a beta of 0.41.

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, 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 firm had revenue of $7.10 billion for the quarter, compared to the consensus estimate of $7.13 billion. During the same period in the prior year, the firm posted $3.19 earnings per share. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. On average, equities research analysts anticipate that McDonald’s Corporation will post 12.87 EPS 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. Investors of record on Tuesday, September 1st will be issued a dividend of $1.86 per share. This represents a $7.44 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 1st. McDonald’s’s dividend payout ratio is 60.44%.

McDonald’s 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.