McDonald’s Corporation $MCD Shares Bought by Secure Asset Management LLC

Secure Asset Management LLC raised its stake in shares of McDonald’s Corporation (NYSE:MCD) by 37.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,590 shares of the fast-food giant’s stock after acquiring an additional 6,211 shares during the period. Secure Asset Management LLC’s holdings in McDonald’s were worth $5,217,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Sound Income Strategies LLC lifted its holdings in shares of McDonald’s by 0.6% in the 1st quarter. Sound Income Strategies LLC now owns 5,590 shares of the fast-food giant’s stock worth $1,718,000 after acquiring an additional 35 shares during the last quarter. Jacobsen Capital Management boosted its position in shares of McDonald’s by 2.9% during the 1st quarter. Jacobsen Capital Management now owns 1,267 shares of the fast-food giant’s stock worth $394,000 after purchasing an additional 36 shares during the period. Sterling Investment Counsel LLC increased its holdings in McDonald’s by 0.7% in the 1st quarter. Sterling Investment Counsel LLC now owns 5,303 shares of the fast-food giant’s stock valued at $1,648,000 after purchasing an additional 37 shares during the last quarter. Legacy Wealth Managment LLC ID increased its holdings in McDonald’s by 11.0% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 372 shares of the fast-food giant’s stock valued at $116,000 after purchasing an additional 37 shares during the last quarter. Finally, Millstone Evans Group LLC increased its holdings in McDonald’s by 2.5% in the 1st quarter. Millstone Evans Group LLC now owns 1,532 shares of the fast-food giant’s stock valued at $476,000 after purchasing an additional 38 shares during the last quarter. 70.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on MCD shares. Mizuho cut their target price on McDonald’s from $300.00 to $290.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Weiss Ratings lowered McDonald’s from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, October 2nd. Seaport Research Partners initiated coverage on McDonald’s in a research report on Wednesday, September 16th. They set a “neutral” rating for the company. Needham & Company LLC reaffirmed a “buy” rating on shares of McDonald’s in a research note on Monday, September 21st. Finally, Loop Capital cut their price objective on McDonald’s from $301.00 to $273.00 and set a “hold” rating on the stock in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $295.94.

McDonald’s Stock Down 0.2%

Shares of MCD stock opened at $242.60 on Tuesday. McDonald’s Corporation has a 52 week low of $229.20 and a 52 week high of $341.75. The stock has a market capitalization of $171.68 billion, a PE ratio of 19.71, a P/E/G ratio of 2.72 and a beta of 0.44. The firm has a 50 day moving average of $251.44 and a two-hundred day moving average of $271.35.

McDonald’s (NYSE:MCD) last posted its quarterly earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 EPS for the quarter, topping the consensus estimate of $3.32 by $0.06. McDonald’s had a net margin of 31.72% and a negative return on equity of 572.06%. The business had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $7.13 billion. During the same quarter in the previous year, the firm posted $3.19 earnings per share. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. Analysts expect that McDonald’s Corporation will post 12.84 EPS for the current fiscal year.

McDonald’s Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be issued a $1.93 dividend. This represents a $7.72 dividend on an annualized basis and a yield of 3.2%. This is a boost from McDonald’s’s previous quarterly dividend of $1.86. The ex-dividend date is Tuesday, December 1st. McDonald’s’s dividend payout ratio (DPR) is 60.44%.

McDonald’s News Roundup

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

• Positive Sentiment: UBS said McDonald’s NEXT growth plan and renewed value push could outweigh near-term U.S. weakness, positioning the company to gain global market share in 2027. This supports the long-term growth case for MCD. McDonald’s NEXT Plan, Value Push Seen Outweighing Near-Term US Weakness, UBS Says
• Positive Sentiment: A new McDonald’s restaurant opened in West Michigan, providing a modest indication of ongoing unit expansion and local sales opportunities. West Michigan town welcomes new McDonald’s restaurant
• Neutral Sentiment: McDonald’s is promoting new chicken products and a Disney Villains Halloween Boo Buckets campaign. These launches may support traffic and engagement, although the articles provide no evidence of a material earnings impact. McDonald’s new chicken product McDonald’s Boo Buckets return
• Neutral Sentiment: Recent investment commentary is divided, with some analysts calling McDonald’s an overlooked opportunity while others advise avoiding the stock. This highlights uncertainty rather than a clear change in fundamentals. McDonald’s: An Underrated Opportunity Hiding in Plain Sight
• Negative Sentiment: Morgan Stanley flagged a potential pricing-power problem as lower-income customers pull back. If McDonald’s must rely more heavily on discounts, margins and sales growth could come under pressure. McDonald’s appears to have a pricing-power problem
• Negative Sentiment: Reports describe lawsuits and scrutiny involving McDonald’s and Deloitte over an alleged AI-driven menu-pricing scheme. Even if unproven, the allegations create reputational, legal and regulatory risks for MCD. McDonald’s, Deloitte Under Fire Over Alleged Menu Pricing Scheme

McDonald’s Profile

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.