McDonald’s Corporation $MCD Shares Sold by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT decreased its holdings in McDonald’s Corporation (NYSE:MCD) by 2.0% in the 1st quarter, Holdings Channel reports. The institutional investor owned 166,105 shares of the fast-food giant’s stock after selling 3,323 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in McDonald’s were worth $51,624,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Waverly Advisors LLC raised its stake in McDonald’s by 6.7% during the first quarter. Waverly Advisors LLC now owns 121,733 shares of the fast-food giant’s stock worth $37,833,000 after purchasing an additional 7,595 shares during the period. Asset Management Group Inc. boosted its holdings in shares of McDonald’s by 4.8% in the 1st quarter. Asset Management Group Inc. now owns 882 shares of the fast-food giant’s stock valued at $274,000 after purchasing an additional 40 shares during the last quarter. Epoch Investment Partners Inc. grew its stake in shares of McDonald’s by 2.6% during the 1st quarter. Epoch Investment Partners Inc. now owns 209,665 shares of the fast-food giant’s stock valued at $65,162,000 after buying an additional 5,394 shares during the period. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of McDonald’s by 238.6% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 95,331 shares of the fast-food giant’s stock valued at $29,628,000 after buying an additional 67,179 shares during the period. Finally, Renaissance Technologies LLC increased its holdings in shares of McDonald’s by 493.6% during the 1st quarter. Renaissance Technologies LLC now owns 542,764 shares of the fast-food giant’s stock worth $168,686,000 after buying an additional 451,327 shares during the last quarter. Institutional investors and hedge funds own 70.29% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on MCD. Rothschild & Co Redburn raised McDonald’s from a “sell” rating to a “neutral” rating and increased their target price for the stock from $260.00 to $306.00 in a research report on Thursday, April 23rd. KeyCorp reissued an “overweight” rating on shares of McDonald’s in a research report on Wednesday, July 15th. Erste Group Bank lowered McDonald’s from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Cfra upgraded McDonald’s to a “buy” rating in a report on Friday, May 8th. Finally, Weiss Ratings lowered McDonald’s from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. Fifteen investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $334.32.

McDonald’s News Roundup

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

• Positive Sentiment: McDonald’s announced a quarterly dividend of $1.86 per share, reinforcing its reputation as a steady income stock and highlighting continued cash generation. McDONALD’S ANNOUNCES QUARTERLY CASH DIVIDEND
• Positive Sentiment: BTIG Research kept a buy rating on McDonald’s and said the stock still offers meaningful upside, even after cutting its price target to $350 from $370. Benzinga
• Positive Sentiment: Recent consumer-focused coverage around McValue packs, online availability, and a new dipping sauce suggests McDonald’s is still leaning on value-driven promotions and menu innovation to drive traffic. Here’s what’s new at McDonald’s this week
• Neutral Sentiment: Media coverage highlighting McDonald’s new McValue packs and online ordering is more promotional than financial, so it may help awareness but does not yet prove a material sales lift. McDonald’s McValue packs now available online. Here’s how to score one
• Neutral Sentiment: Analysts and media continue to frame McDonald’s as a defensive dividend name, but that alone is not enough to offset broader concerns about consumer spending. These 4 Dividend Stocks Are Money-Printing Machines
• Negative Sentiment: New research indicates restaurant customers remain highly price sensitive despite lower gas prices, which is a warning sign for traffic and margins at McDonald’s. McDonald’s (MCD) Faces Stubborn Price Sensitive Traffic Despite Lower Gas Prices
• Negative Sentiment: McDonald’s recently hit a new 52-week low, and commentary around the stock suggests investors are waiting for the August 4 earnings report before buying the dip. McDonald’s Just Hit a New 52-Week Low. Don’t Buy the Dip Until After August 4.
• Negative Sentiment: StockTwits-style coverage also points to McDonald’s trading near 52-week lows amid broader concerns about weakening consumer demand. Why Did PEGA, ISRG, MCD Stocks Plunge To 52-Week Lows Today?

McDonald’s Trading Up 0.6%

Shares of NYSE MCD opened at $264.46 on Friday. The stock has a fifty day moving average price of $275.99 and a 200 day moving average price of $298.87. McDonald’s Corporation has a 12-month low of $260.96 and a 12-month high of $341.75. The company has a market cap of $187.90 billion, a P/E ratio of 21.80, a P/E/G ratio of 2.84 and a beta of 0.41.

McDonald’s (NYSE:MCD) last issued its quarterly earnings data on Thursday, May 7th. The fast-food giant reported $2.83 EPS for the quarter, topping analysts’ consensus estimates of $2.74 by $0.09. The company had revenue of $6.52 billion for 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 quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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 business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Tuesday, September 1st will be issued a dividend of $1.86 per share. This represents a $7.44 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Tuesday, September 1st. McDonald’s’s dividend payout ratio (DPR) is presently 61.34%.

Insider Activity

In other McDonald’s news, insider Joseph M. Erlinger sold 5,252 shares of the company’s 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 completion of the transaction, the insider owned 7,734 shares in the company, valued at $2,198,930.88. This represents a 40.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were 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 trade represents a 30.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 8,348 shares of company stock worth $2,355,634. Company insiders own 0.26% of the company’s stock.

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.