SVB Wealth LLC Decreases Position in McDonald’s Corporation $MCD

SVB Wealth LLC trimmed its holdings in McDonald’s Corporation (NYSE:MCD) by 15.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,238 shares of the fast-food giant’s stock after selling 2,688 shares during the quarter. SVB Wealth LLC’s holdings in McDonald’s were worth $4,425,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Your Advocates Ltd. LLP purchased a new stake in shares of McDonald’s during the 4th quarter worth approximately $27,000. Park Place Capital Corp grew its position in shares of McDonald’s by 95.7% in the 4th quarter. Park Place Capital Corp now owns 92 shares of the fast-food giant’s stock valued at $28,000 after buying an additional 45 shares during the last quarter. IFC & Insurance Marketing Inc. acquired a new stake in McDonald’s during the 4th quarter worth $29,000. Abound Financial LLC acquired a new stake in McDonald’s during the 4th quarter worth $30,000. Finally, Purpose Unlimited Inc. purchased a new stake in McDonald’s in the fourth quarter valued at $31,000. 70.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on MCD. Wells Fargo & Company decreased their price objective on shares of McDonald’s from $355.00 to $320.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Erste Group Bank downgraded McDonald’s from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Evercore set a $350.00 target price on McDonald’s in a research report on Friday, May 8th. Weiss Ratings downgraded McDonald’s from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 29th. Finally, KeyCorp cut 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. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $336.26.

McDonald’s Stock Performance

Shares of McDonald’s stock opened at $270.48 on Tuesday. McDonald’s Corporation has a 1 year low of $270.08 and a 1 year high of $341.75. The company has a market capitalization of $192.18 billion, a P/E ratio of 22.30, a PEG ratio of 2.78 and a beta of 0.41. The company’s fifty day moving average is $286.20 and its two-hundred day moving average is $305.60.

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

McDonald’s Announces Dividend

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

Insider Activity at McDonald’s

In other McDonald’s news, EVP Desiree Ralls-Morrison sold 2,763 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $278.36, for a total transaction of $769,108.68. Following the completion of the sale, the executive vice president directly owned 6,268 shares of the company’s stock, valued at $1,744,760.48. This represents a 30.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Joseph M. Erlinger sold 5,252 shares of the stock in a transaction that occurred on 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 sale, the insider directly owned 7,734 shares of the company’s stock, valued at $2,198,930.88. The trade was a 40.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 11,307 shares of company stock valued at $3,262,622. 0.26% of the stock is owned by company insiders.

More McDonald’s News

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

McDonald’s Company 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.