Cullinan Associates Inc. Purchases 4,119 Shares of McDonald’s Corporation $MCD

Cullinan Associates Inc. grew its position in McDonald’s Corporation (NYSE:MCD) by 8.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 52,742 shares of the fast-food giant’s stock after purchasing an additional 4,119 shares during the period. McDonald’s accounts for 0.9% of Cullinan Associates Inc.’s holdings, making the stock its 27th largest position. Cullinan Associates Inc.’s holdings in McDonald’s were worth $12,180,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. GKV Capital Management Co. Inc. purchased a new stake in shares of McDonald’s during the 1st quarter valued at approximately $33,000. Burkett Financial Services LLC lifted its holdings in McDonald’s by 2,312.5% in the third quarter. Burkett Financial Services LLC now owns 193 shares of the fast-food giant’s stock valued at $45,000 after acquiring an additional 185 shares during the last quarter. POM Investment Strategies LLC grew its position in McDonald’s by 46.2% in the second quarter. POM Investment Strategies LLC now owns 174 shares of the fast-food giant’s stock worth $47,000 after acquiring an additional 55 shares during the period. Westfuller Advisors LLC grew its position in McDonald’s by 140.0% in the second quarter. Westfuller Advisors LLC now owns 180 shares of the fast-food giant’s stock worth $49,000 after acquiring an additional 105 shares during the period. Finally, Mountain Hill Investment Partners Corp. increased its stake in McDonald’s by 777.8% during the third quarter. Mountain Hill Investment Partners Corp. now owns 237 shares of the fast-food giant’s stock worth $55,000 after acquiring an additional 210 shares during the last quarter. Hedge funds and other institutional investors own 70.29% of the company’s stock.

Trending Headlines about McDonald’s

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

• Positive Sentiment: Argus raised its price target to $320 from $310 and reiterated a “buy” rating, signaling confidence in the stock’s prospects. Argus rating
• Neutral Sentiment: McDonald’s is testing value bundles at nearly 2,000 U.S. restaurants, ahead of a planned national value platform in early 2027. The deals may help bring back customers, but the company is still assessing their effect on traffic and orders. McDonald’s value-bundle test
• Neutral Sentiment: Third-quarter profit beat analyst estimates, but revenue missed and U.S. comparable sales declined. That mixed backdrop helps explain why investors are watching for evidence that value promotions can sustain a domestic recovery. Q3 earnings and U.S. traffic
• Negative Sentiment: Consumers have filed a lawsuit alleging McDonald’s labeled McCafé drinks “sugar free” despite some containing as much as 18 grams of sugar. The allegations are unproven, but the case could create legal and reputational risk. McCafé labeling lawsuit
• Negative Sentiment: Freedom Broker cut its rating from “buy” to “hold” and lowered its price target to $298 from $305, adding a more cautious view alongside the recent analyst optimism. Freedom Broker rating change

Analysts Set New Price Targets

MCD has been the topic of a number of research analyst reports. Piper Sandler set a $286.00 target price on McDonald’s in a research report on Tuesday, August 4th. Melius Research decreased their price target on McDonald’s from $250.00 to $230.00 and set a “sell” rating on the stock in a research note on Monday, September 28th. JPMorgan Chase & Co. increased their price target on McDonald’s from $250.00 to $270.00 and gave the stock an “overweight” rating in a report on Thursday. Freedom Broker downgraded McDonald’s from a “buy” rating to a “hold” rating and cut their price objective for the stock from $305.00 to $298.00 in a research report on Thursday. Finally, KeyCorp boosted their price objective on shares of McDonald’s from $280.00 to $307.00 and gave the company an “overweight” rating in a report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, McDonald’s has an average rating of “Moderate Buy” and an average target price of $297.82.

McDonald’s Stock Down 0.6%

Shares of NYSE MCD opened at $276.36 on Friday. The firm has a market cap of $195.56 billion, a price-to-earnings ratio of 21.86, a PEG ratio of 3.16 and a beta of 0.42. McDonald’s Corporation has a 52-week low of $229.20 and a 52-week high of $341.75. The business’s 50 day moving average is $248.76 and its two-hundred day moving average is $282.57.

McDonald’s (NYSE:MCD) last released its quarterly earnings results on Wednesday, November 4th. The fast-food giant reported $3.57 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.19. McDonald’s had a negative return on equity of 671.56% and a net margin of 32.38%. The company had revenue of $7.16 billion for the quarter, compared to analysts’ expectations of $7.28 billion. During the same period in the prior year, the firm earned $3.22 earnings per share. The firm’s revenue was up 1.1% compared to the same quarter last year. Analysts anticipate that McDonald’s Corporation will post 12.88 EPS for the current fiscal year.

McDonald’s Increases Dividend

The company also recently disclosed 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. The ex-dividend date is Tuesday, December 1st. This represents a $7.72 annualized dividend and a dividend yield of 2.8%. This is a boost from McDonald’s’s previous quarterly dividend of $1.86. McDonald’s’s dividend payout ratio (DPR) is presently 58.86%.

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.