McDonald’s Corporation $MCD Shares Newly Acquired by TT Capital Management LLC

TT Capital Management LLC acquired a new stake in McDonald’s Corporation (NYSE:MCD) in the 3rd quarter, Holdings Channel reports. The fund acquired 5,179 shares of the fast-food giant’s stock, valued at approximately $1,196,000.

A number of other hedge funds have also made changes to their positions in MCD. State Street Corp lifted its position in McDonald’s by 1.8% in the second quarter. State Street Corp now owns 36,080,505 shares of the fast-food giant’s stock worth $9,752,921,000 after purchasing an additional 646,675 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of McDonald’s during the 2nd quarter valued at $1,359,276,000. Arrowstreet Capital Limited Partnership raised its stake in shares of McDonald’s by 17.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,637,785 shares of the fast-food giant’s stock worth $1,130,587,000 after buying an additional 533,448 shares in the last quarter. Diamant Asset Management Inc. raised its stake in shares of McDonald’s by 30,979.0% in the 1st quarter. Diamant Asset Management Inc. now owns 2,596,340 shares of the fast-food giant’s stock worth $806,917,000 after buying an additional 2,587,986 shares in the last quarter. Finally, J. Stern & Co. LLP lifted its holdings in shares of McDonald’s by 9,867.5% in the fourth quarter. J. Stern & Co. LLP now owns 2,541,008 shares of the fast-food giant’s stock valued at $776,608,000 after buying an additional 2,515,515 shares during the period. Institutional investors and hedge funds own 70.29% of the company’s stock.

McDonald’s News Summary

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

• Positive Sentiment: McDonald’s shares advanced even as the broader market weakened, indicating some relative strength and investor interest at depressed valuation levels. McDonald’s Increases Despite Market Slip
• Positive Sentiment: The company’s roughly $8.5 billion franchisee-support and modernization plan, along with personalized digital offers, value meals and streamlined marketing, could improve traffic and sales if execution improves. The planned “Archy” drive-through AI system may also support efficiency, although its benefits remain unproven. McDonald’s $8.5B Fix
• Positive Sentiment: Renewed promotions, including the Monopoly Go collaboration and potential Disney-villain Boo Buckets, could provide short-term customer engagement and seasonal sales support, though these campaigns are unlikely to change the long-term outlook by themselves. Monopoly Go Returns to McDonald’s
• Neutral Sentiment: At about 18 times earnings, MCD’s valuation may already reflect some of the turnaround risk, but investors still need evidence that the spending plan can restore sustainable growth. McDonald’s Trades at 18 Times Earnings
• Negative Sentiment: Shares remain down sharply over six months as weak U.S. sales, ineffective value-menu execution and reduced earnings estimates weigh on investor confidence. Analysts are questioning whether promotions and operational fixes can reverse the slowdown. McDonald’s Stock Down 23 Percent in Six Months
• Negative Sentiment: A proposed class-action lawsuit alleging problematic AI-driven menu pricing creates legal, reputational and regulatory risk, while reports of a poorly reviewed U.S. location highlight potential service and franchise-operator issues. McDonald’s AI Menu Pricing Lawsuit

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on MCD. Jefferies Financial Group cut their price objective on McDonald’s from $260.00 to $250.00 and set an “overweight” rating for the company in a report on Tuesday, September 29th. Mizuho lowered their target price on McDonald’s from $300.00 to $290.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. Seaport Research Partners assumed coverage on shares of McDonald’s in a research report on Wednesday, September 16th. They issued a “neutral” rating on the stock. Weiss Ratings downgraded shares of McDonald’s from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, October 2nd. Finally, Evercore cut their price target on shares of McDonald’s from $320.00 to $300.00 and set an “outperform” rating for the company in a report on Thursday, September 24th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, McDonald’s presently has a consensus rating of “Moderate Buy” and a consensus target price of $295.94.

McDonald’s Stock Performance

Shares of NYSE:MCD traded up $4.38 during midday trading on Thursday, reaching $242.69. The company had a trading volume of 3,925,550 shares, compared to its average volume of 4,237,482. McDonald’s Corporation has a 1-year low of $229.20 and a 1-year high of $341.75. The firm has a market cap of $171.74 billion, a price-to-earnings ratio of 19.72, a price-to-earnings-growth ratio of 2.64 and a beta of 0.44. The company has a fifty day simple moving average of $253.35 and a two-hundred day simple moving average of $272.74.

McDonald’s (NYSE:MCD) last issued its quarterly earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share for the quarter, topping analysts’ consensus estimates 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 negative return on equity of 572.06% and a net margin of 31.72%. McDonald’s’s revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the business posted $3.19 EPS. Analysts expect that McDonald’s Corporation will post 12.84 EPS for the current year.

McDonald’s Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be issued a $1.93 dividend. The ex-dividend date is Tuesday, December 1st. This is a positive change from McDonald’s’s previous quarterly dividend of $1.86. This represents a $7.72 annualized dividend and a dividend yield of 3.2%. McDonald’s’s dividend payout ratio is 62.71%.

About McDonald’s

McDonald’s Corporation is a global quick-service restaurant company that operates and franchises restaurants under the McDonald’s brand. Its restaurants serve a menu that includes hamburgers, cheeseburgers, chicken sandwiches, French fries, breakfast items, desserts, salads, beverages and coffee. Offerings vary by market, and many locations provide drive-thru service, delivery and digital ordering through the McDonald’s mobile app.

The company operates through a heavily franchised business model, with restaurants owned and operated by independent franchisees, affiliates and the company itself.