Gateway Wealth Partners LLC grew its holdings in shares of McDonald’s Corporation (NYSE:MCD – Free Report) by 220.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,078 shares of the fast-food giant’s stock after purchasing an additional 5,558 shares during the quarter. Gateway Wealth Partners LLC’s holdings in McDonald’s were worth $2,511,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Your Advocates Ltd. LLP purchased a new stake in McDonald’s in the fourth quarter worth $27,000. IFC & Insurance Marketing Inc. bought a new position in shares of McDonald’s during the 4th quarter worth $29,000. Abound Financial LLC purchased a new stake in McDonald’s in the 4th quarter worth about $30,000. DecisionPoint Financial LLC raised its stake in McDonald’s by 1,616.7% in the 4th quarter. DecisionPoint Financial LLC now owns 103 shares of the fast-food giant’s stock valued at $31,000 after acquiring an additional 97 shares during the period. Finally, Entrust Financial LLC purchased a new stake in McDonald’s during the fourth quarter valued at about $31,000. 70.29% of the stock is currently owned by institutional investors.
Key McDonald’s News
Here are the key news stories impacting McDonald’s this week:
- Positive Sentiment: UBS maintained a Buy rating on McDonald’s while lowering its price target from $365 to $340. The revised target still implies approximately 25.6% upside from the reference price, signaling that the analyst sees meaningful long-term value despite near-term concerns. Benzinga report
- Positive Sentiment: A recent investment analysis characterized McDonald’s as attractively priced, potentially supporting investor interest in the stock following its decline from the 52-week high. Fast Food At Bargain Prices: McDonald’s
- Neutral Sentiment: The stock’s advance occurred alongside a broader market upswing, suggesting that part of the move reflected overall market momentum rather than a major new company announcement. McDonald’s Beats Stock Market Upswing
- Negative Sentiment: UBS expects McDonald’s second-quarter same-store sales to be “sluggish,” citing weaker consumer spending. Soft comparable sales could pressure near-term revenue growth and raise concerns about value-conscious customers. UBS expects sluggish Q2 same-store sales
- Negative Sentiment: UBS’s price-target reduction reflects a more cautious earnings outlook, even though the firm retained its Buy rating.
- Negative Sentiment: Recent consumer complaints alleging “shrinkflation” involving smaller drink portions could create reputational and value-perception risks, although the reports appear anecdotal rather than a confirmed financial impact. McDonald’s shrinkflation complaints
Insider Activity at McDonald’s
McDonald’s Stock Performance
Shares of MCD stock opened at $270.71 on Tuesday. McDonald’s Corporation has a 52-week low of $260.96 and a 52-week high of $341.75. The company has a market capitalization of $192.34 billion, a PE ratio of 22.32, a price-to-earnings-growth ratio of 2.84 and a beta of 0.41. The business’s fifty day moving average is $275.76 and its 200 day moving average is $298.64.
McDonald’s (NYSE:MCD – Get Free Report) last posted its earnings results on Thursday, May 7th. The fast-food giant reported $2.83 EPS for the quarter, topping the consensus estimate of $2.74 by $0.09. The business had revenue of $6.52 billion during the quarter, compared to analysts’ expectations of $6.47 billion. McDonald’s had a negative return on equity of 442.10% and a net margin of 31.62%.The firm’s revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the business earned $2.67 earnings per share. On average, sell-side analysts forecast that McDonald’s Corporation will post 12.86 EPS for the current fiscal year.
McDonald’s Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Tuesday, September 1st will be given a dividend of $1.86 per share. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Tuesday, September 1st. McDonald’s’s dividend payout ratio (DPR) is 61.34%.
Analysts Set New Price Targets
Several research firms have recently issued reports on MCD. TD Cowen reissued a “hold” rating on shares of McDonald’s in a research report on Friday, June 12th. Weiss Ratings cut shares of McDonald’s from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 23rd. Citigroup cut their price target on McDonald’s from $375.00 to $335.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Rothschild & Co Redburn upgraded McDonald’s from a “sell” rating to a “neutral” rating and boosted their price objective for the company from $260.00 to $306.00 in a research note on Thursday, April 23rd. Finally, Erste Group Bank downgraded McDonald’s from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Fifteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $333.32.
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.
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