Summit Wealth Partners LLC Acquires 3,549 Shares of McDonald’s Corporation $MCD

Summit Wealth Partners LLC increased its holdings in McDonald’s Corporation (NYSE:MCD) by 508.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,247 shares of the fast-food giant’s stock after acquiring an additional 3,549 shares during the quarter. Summit Wealth Partners LLC’s holdings in McDonald’s were worth $1,320,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in shares of McDonald’s by 21.6% in the 4th 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 during the period. Revolve Wealth Partners LLC boosted its stake 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 valued at $563,000 after purchasing an additional 52 shares in the last quarter. Sivia Capital Partners LLC increased its position in shares of McDonald’s by 11.4% during the second quarter. Sivia Capital Partners LLC now owns 2,017 shares of the fast-food giant’s stock valued at $589,000 after buying an additional 206 shares during the period. United Bank increased its position in shares of McDonald’s by 6.0% during the second quarter. United Bank now owns 8,102 shares of the fast-food giant’s stock valued at $2,367,000 after buying an additional 459 shares during the period. Finally, Schnieders Capital Management LLC. raised its stake in McDonald’s by 2.5% in the second quarter. Schnieders Capital Management LLC. now owns 12,938 shares of the fast-food giant’s stock worth $3,780,000 after buying an additional 312 shares in the last quarter. Institutional investors own 70.29% of the company’s stock.

Analyst Upgrades and Downgrades

MCD has been the topic of several research reports. Weiss Ratings cut McDonald’s from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 29th. TD Cowen reissued a “hold” rating on shares of McDonald’s in a research report on Friday, June 12th. Rothschild & Co Redburn upgraded McDonald’s from a “sell” rating to a “neutral” rating and raised their target price for the company from $260.00 to $306.00 in a research note on Thursday, April 23rd. KeyCorp dropped their price target on McDonald’s from $345.00 to $330.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Finally, Erste Group Bank cut McDonald’s from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $336.26.

Trending Headlines about McDonald’s

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

• Positive Sentiment: McDonald’s continues to generate attention with menu and brand initiatives, including the return of classic items like the fried apple pie and an iconic McFlurry, which may help drive customer traffic and reinforce brand loyalty.
• Positive Sentiment: Investors were reminded that McDonald’s recently introduced its NEXT systemwide strategy to improve growth and restaurant efficiency, signaling management is actively working to protect margins and productivity. Article Title
• Neutral Sentiment: Multiple lifestyle and food articles about McDonald’s menu items, nicknames, cookies, pies, and ordering hacks are keeping the brand visible, but they appear unlikely to materially change near-term earnings expectations.
• Neutral Sentiment: A commentary piece from 247WallSt referenced former McDonald’s CIO Phil LeBrun in a broader discussion about headcount cuts and business evolution; this is more of an industry/management thought piece than a direct company catalyst.
• Negative Sentiment: Recent coverage emphasizes that MCD has fallen sharply this year and is trading close to its 52-week low, reinforcing bearish momentum and likely contributing to investor caution. Article Title
• Negative Sentiment: One market note reported McDonald’s shares falling 3% and pointed to the stock’s weak year-to-date performance, suggesting investors remain concerned about valuation and the outlook for growth. Article Title

Insiders Place Their Bets

In related news, insider Joseph M. Erlinger sold 5,252 shares of McDonald’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $284.32, for a total value of $1,493,248.64. Following the completion of the sale, the insider directly owned 7,734 shares in the company, valued at approximately $2,198,930.88. This trade represents a 40.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $278.36, for a total value of $769,108.68. Following the completion of the transaction, the executive vice president directly owned 6,268 shares of the company’s stock, valued at approximately $1,744,760.48. This trade represents a 30.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 11,307 shares of company stock worth $3,262,622. Corporate insiders own 0.26% of the company’s stock.

McDonald’s Stock Down 2.9%

NYSE:MCD opened at $270.48 on Tuesday. The stock has a market cap of $192.18 billion, a price-to-earnings ratio of 22.30, a PEG ratio of 2.78 and a beta of 0.41. The company’s 50 day moving average price is $286.20 and its 200-day moving average price is $305.60. McDonald’s Corporation has a 52 week low of $270.08 and a 52 week high of $341.75.

McDonald’s (NYSE:MCD) last announced its quarterly earnings data on Thursday, May 7th. The fast-food giant reported $2.83 earnings per share for the quarter, topping analysts’ consensus estimates of $2.74 by $0.09. The company had revenue of $6.52 billion during the quarter, compared to analyst estimates of $6.47 billion. McDonald’s had a net margin of 31.62% and a negative return on equity of 442.10%. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the previous year, the business earned $2.67 EPS. As a group, sell-side analysts anticipate that McDonald’s Corporation will post 12.93 earnings per share for the current year.

McDonald’s Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were paid a $1.86 dividend. The ex-dividend date was Tuesday, June 2nd. This represents a $7.44 annualized dividend and a dividend yield of 2.8%. McDonald’s’s payout ratio is currently 61.34%.

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.