Cibc World Market Inc. Sells 9,627 Shares of McDonald’s Corporation $MCD

Cibc World Market Inc. lessened its holdings in McDonald’s Corporation (NYSE:MCD) by 2.2% in the 3rd quarter, Holdings Channel reports. The firm owned 437,958 shares of the fast-food giant’s stock after selling 9,627 shares during the quarter. Cibc World Market Inc.’s holdings in McDonald’s were worth $133,091,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Decker Retirement Planning Inc. lifted its position in shares of McDonald’s by 142.9% in the second quarter. Decker Retirement Planning Inc. now owns 85 shares of the fast-food giant’s stock worth $25,000 after buying an additional 50 shares during the last quarter. Legacy Investment Solutions LLC bought a new position in shares of McDonald’s in the 2nd quarter valued at approximately $25,000. Evergreen Private Wealth LLC raised its stake in shares of McDonald’s by 162.5% in the 3rd quarter. Evergreen Private Wealth LLC now owns 84 shares of the fast-food giant’s stock valued at $26,000 after acquiring an additional 52 shares in the last quarter. Financial Gravity Companies Inc. acquired a new stake in McDonald’s in the 2nd quarter worth approximately $29,000. Finally, Traub Capital Management LLC bought a new stake in McDonald’s during the second quarter worth approximately $29,000. 70.29% of the stock is currently owned by institutional investors.

Insider Transactions at McDonald’s

In other news, EVP Manuel Jm Steijaert sold 6,567 shares of McDonald’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $305.50, for a total transaction of $2,006,218.50. Following the sale, the executive vice president owned 4,606 shares of the company’s stock, valued at approximately $1,407,133. This trade represents a 58.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Ian Frederick Borden sold 17,134 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $310.00, for a total value of $5,311,540.00. Following the sale, the chief financial officer owned 26,353 shares in the company, valued at approximately $8,169,430. This represents a 39.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 32,008 shares of company stock valued at $9,895,452. 0.25% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

MCD has been the topic of a number of recent analyst reports. Guggenheim lifted their price target on shares of McDonald’s from $310.00 to $325.00 and gave the company a “neutral” rating in a research report on Tuesday, February 3rd. BTIG Research upgraded shares of McDonald’s from a “neutral” rating to a “buy” rating and set a $360.00 target price on the stock in a report on Monday, February 2nd. BMO Capital Markets reissued an “outperform” rating on shares of McDonald’s in a research report on Thursday, November 6th. Truist Financial raised their price target on McDonald’s from $350.00 to $356.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Finally, Mizuho lifted their price objective on McDonald’s from $300.00 to $325.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Fourteen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $332.38.

McDonald’s Price Performance

NYSE MCD opened at $326.15 on Wednesday. The company’s fifty day moving average is $311.90 and its two-hundred day moving average is $307.79. McDonald’s Corporation has a 52-week low of $283.47 and a 52-week high of $328.06. The firm has a market capitalization of $232.27 billion, a price-to-earnings ratio of 27.83, a P/E/G ratio of 3.29 and a beta of 0.52.

McDonald’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd will be given a dividend of $1.86 per share. The ex-dividend date of this dividend is Tuesday, March 3rd. This represents a $7.44 dividend on an annualized basis and a yield of 2.3%. McDonald’s’s dividend payout ratio (DPR) is 63.48%.

More McDonald’s News

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

• Positive Sentiment: Viral promotion: McDonald’s free “McNugget Caviar” kits sold out within minutes, driving wide media coverage and social buzz that should boost short-term traffic and brand engagement. McDonald’s launches McNugget Caviar kits for free Valentine’s Day: Here’s how to get one
• Positive Sentiment: Analyst sentiment: At least one outlet reported a raised price target for MCD, signaling improved analyst confidence that can support higher valuations. McDonald’s (NYSE:MCD) Price Target Raised to $325.00
• Positive Sentiment: Board upgrade: McDonald’s added James D. Farley Jr. to its board (effective Feb. 4), bringing a well-known executive profile that may strengthen governance and corporate strategy credibility. James D. Farley, Jr. Elected to McDonald’s Board of Directors
• Positive Sentiment: Brand strength: McDonald’s retained its title as the world’s most valuable restaurant brand, reinforcing long-term competitive positioning and defensive appeal to institutional investors. McDonald’s Retains Title as World’s Most Valuable Restaurant Brand
• Neutral Sentiment: Earnings focus: With Q4 results imminent, prediction markets and previews show high investor expectations — this increases upside potential but also raises the risk of a volatile reaction if results miss expectations. McDonald's Q4 Earnings Preview
• Neutral Sentiment: Defensive positioning: Coverage highlighting MCD as a low-volatility/dividend blue-chip holding reinforces its role in conservative ETF allocations, which can support steady demand but limit rapid upside. 3 ETFs Designed to Survive the Next Market Crash (MCD)
• Negative Sentiment: Operational/PR snag: The site reportedly crashed during the giveaway and many kits quickly appeared on eBay for large markups — a scalping/fulfillment issue that could invite short-term customer frustration and negative headlines. McDonald’s website allegedly crashes after McNugget Caviar kits sell out in minutes — then show up on eBay for $400

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.