Tudor Financial Inc. Has $442,000 Stock Position in McDonald’s Corporation $MCD

Tudor Financial Inc. lowered its position in McDonald’s Corporation (NYSE:MCD) by 69.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,636 shares of the fast-food giant’s stock after selling 3,647 shares during the period. Tudor Financial Inc.’s holdings in McDonald’s were worth $442,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Ascentis Wealth Management LLC increased its stake in McDonald’s by 4,008.8% in the 2nd quarter. Ascentis Wealth Management LLC now owns 84,230 shares of the fast-food giant’s stock valued at $22,768,000 after buying an additional 82,180 shares during the last quarter. Borer Denton & Associates Inc. boosted its stake in shares of McDonald’s by 16.9% during the 2nd quarter. Borer Denton & Associates Inc. now owns 13,859 shares of the fast-food giant’s stock worth $3,746,000 after buying an additional 2,000 shares during the last quarter. Peterson Wealth Services grew its holdings in shares of McDonald’s by 3,294.5% in the 4th quarter. Peterson Wealth Services now owns 11,779 shares of the fast-food giant’s stock valued at $3,600,000 after acquiring an additional 11,432 shares in the last quarter. Harbour Investments Inc. increased its position in shares of McDonald’s by 84.4% in the fourth quarter. Harbour Investments Inc. now owns 35,510 shares of the fast-food giant’s stock valued at $10,853,000 after acquiring an additional 16,252 shares during the last quarter. Finally, Capital International Sarl raised its holdings in McDonald’s by 10.4% during the fourth quarter. Capital International Sarl now owns 64,256 shares of the fast-food giant’s stock worth $19,639,000 after acquiring an additional 6,079 shares in the last quarter. Institutional investors and hedge funds own 70.29% of the company’s stock.

McDonald’s Stock Performance

Shares of MCD stock opened at $259.51 on Friday. McDonald’s Corporation has a 52 week low of $256.12 and a 52 week high of $341.75. The company has a market capitalization of $183.64 billion, a price-to-earnings ratio of 21.08, a PEG ratio of 2.82 and a beta of 0.41. The company has a 50-day simple moving average of $269.96 and a 200 day simple moving average of $289.62.

McDonald’s (NYSE:MCD) last released its quarterly earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share for the quarter, beating the consensus estimate of $3.32 by $0.06. The firm had revenue of $7.10 billion for the quarter, compared to analysts’ expectations of $7.13 billion. McDonald’s had a net margin of 31.72% and a negative return on equity of 572.06%. The business’s revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the firm earned $3.19 EPS. Sell-side analysts forecast that McDonald’s Corporation will post 12.87 EPS for the current year.

McDonald’s Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Tuesday, September 1st will be paid a $1.86 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $7.44 annualized dividend and a yield of 2.9%. McDonald’s’s payout ratio is 60.44%.

Trending Headlines about McDonald’s

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

• Positive Sentiment: McDonald’s launched a Texas-exclusive meal featuring collectible cups tied to regional Texas locations, alongside the return of Spicy Chicken McNuggets. The limited-time products could create urgency, generate social-media attention and support restaurant traffic. McDonald’s Texas Meal releases with new themed collectible cups
• Positive Sentiment: The company is bringing back a popular dessert and promoting additional limited-time offerings. These initiatives may help sustain customer engagement, although their financial impact is not yet known. McDonald’s brings back a popular dessert
• Neutral Sentiment: A market commentary argues that MCD’s selloff may have gone too far and presents a contrarian investment case, citing a potential price target of $316.21. This is an analyst opinion rather than a new company fundamental. McDonald’s Is Near a 52-Week Low
• Negative Sentiment: Reports say McDonald’s $3 value menu has not delivered the expected benefit for customers or the company. Confusing availability and dissatisfaction with discount offers could weigh on affordability perceptions, traffic and sales momentum. McDonald’s $3 menu has a problem
• Negative Sentiment: McDonald’s is reported to be down 4.8% since its latest earnings report, when revenue came in slightly below estimates despite an earnings beat. The decline reflects ongoing investor concern about sales growth and execution. McDonald’s Down 4.8% Since Last Earnings Report
• Negative Sentiment: The discontinuation of the Pumpkin Spice Latte has triggered customer backlash. Removing a popular seasonal product could reduce fall beverage demand and damage customer sentiment, while free-coffee promotions may pressure margins. McDonald’s axes a popular coffee flavor

Insider Transactions at McDonald’s

In other McDonald’s news, insider Joseph Erlinger sold 5,252 shares of the company’s stock in a transaction 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 transaction, the insider directly owned 7,734 shares of the company’s stock, valued at $2,198,930.88. This represents a 40.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.26% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on MCD. TD Cowen reissued a “hold” rating on shares of McDonald’s in a research report on Tuesday, August 4th. Citigroup upped their price objective on McDonald’s from $335.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Piper Sandler set a $286.00 price objective on McDonald’s in a report on Tuesday, August 4th. Barclays decreased their target price on shares of McDonald’s from $380.00 to $350.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Finally, Evercore set a $320.00 target price on shares of McDonald’s in a report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, McDonald’s has an average rating of “Moderate Buy” and a consensus target price of $321.35.

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.