10,450 Shares of McDonald's Corporation $MCD Acquired by Skylands Capital LLC

Key Points

• Skylands Capital acquired 10,450 McDonald’s shares worth approximately $2.4 million during the third quarter. Institutional investors collectively own 70.29% of the stock.
• McDonald’s reported quarterly EPS of $3.38, exceeding estimates, while revenue rose 3.7% year over year to $7.10 billion. The company also increased its quarterly dividend to $1.93, representing a 3.1% annualized yield.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $295.64, but McDonald’s continues to face weak U.S. customer traffic and broader concerns about slowing restaurant-industry sales.

Skylands Capital LLC purchased a new stake in shares of McDonald's Corporation (NYSE:MCD - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 10,450 shares of the fast-food giant's stock, valued at approximately $2,413,000.

Other large investors also recently made changes to their positions in the company. Kings Path Partners LLC bought a new stake in McDonald's in the 3rd quarter worth about $126,000. Guardian Partners Inc. increased its stake in McDonald's by 0.9% in the 3rd quarter. Guardian Partners Inc. now owns 47,442 shares of the fast-food giant's stock valued at $10,956,000 after buying an additional 405 shares during the last quarter. Strengthening Families & Communities LLC increased its stake in McDonald's by 0.9% in the 3rd quarter. Strengthening Families & Communities LLC now owns 8,038 shares of the fast-food giant's stock valued at $1,856,000 after buying an additional 68 shares during the last quarter. Sawyer & Company Inc purchased a new stake in McDonald's in the 3rd quarter valued at about $2,513,000. Finally, Sowell Financial Services LLC lifted its position in shares of McDonald's by 18.4% during the 3rd quarter. Sowell Financial Services LLC now owns 29,678 shares of the fast-food giant's stock worth $6,854,000 after buying an additional 4,607 shares in the last quarter. 70.29% of the stock is owned by institutional investors.

Key McDonald's News

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

• Positive Sentiment: McDonald’s is bringing back its Halloween Boo Buckets with a Disney Villains theme. The collectible promotion could increase seasonal visits, generate social-media engagement and support limited-time sales. Disney Villains Halloween Boo Buckets Arrive at McDonald's
• Positive Sentiment: The McRib is returning to select Indiana restaurants on October 26, offering another limited-time product designed to attract loyal customers and create urgency. Fan-favorite sandwich returning to McDonald's
• Positive Sentiment: Some analysts view MCD as potentially undervalued after its recent underperformance. Its valuation is below historical averages, while the established franchise model and multiyear-high dividend yield may appeal to income-focused investors. Is The Market Underpricing McDonald's Stock?
• Neutral Sentiment: Two additional McDonald’s locations are planned for the northern Fort Worth suburbs, indicating continued domestic unit expansion, although the financial contribution is likely to be gradual. Two McDonald's restaurants planned for north Fort Worth suburbs
• Negative Sentiment: TD Cowen’s downgrade of Chipotle also pressured McDonald’s and other restaurant stocks, reflecting broader investor concerns about slowing industry sales momentum. Chipotle Falls as TD Cowen Downgrades
• Negative Sentiment: McDonald’s faces weak U.S. traffic, making menu innovation important for restoring comparable-sales growth. The latest analysis suggests new products may help, but they have not yet resolved the underlying demand pressure. Can MCD's Menu Innovation Offset Slower U.S. Comparable Sales Growth?

McDonald's Stock Performance

Shares of NYSE:MCD opened at $246.11 on Thursday. The company has a market capitalization of $174.16 billion, a P/E ratio of 19.99, a price-to-earnings-growth ratio of 2.76 and a beta of 0.44. The company's 50-day moving average is $250.31 and its 200 day moving average is $270.49. McDonald's Corporation has a fifty-two week low of $229.20 and a fifty-two week high of $341.75.

McDonald's (NYSE:MCD - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 last year, the company posted $3.19 earnings per share. The firm's quarterly revenue was up 3.7% compared to the same quarter last year. As a group, research analysts predict that McDonald's Corporation will post 12.84 earnings per share for the current year.

McDonald's Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be paid 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 dividend on an annualized basis and a yield of 3.1%. McDonald's's dividend payout ratio is presently 60.44%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on MCD shares. BTIG Research cut their target price on McDonald's from $350.00 to $295.00 and set a "buy" rating on the stock in a research note on Thursday, September 24th. Argus reduced their target price on McDonald's from $320.00 to $310.00 and set a "buy" rating for the company in a report on Wednesday, August 26th. Rothschild & Co Redburn decreased their price target on McDonald's from $306.00 to $285.00 in a research report on Wednesday, August 26th. KeyCorp decreased their price target on McDonald's from $305.00 to $280.00 and set an "overweight" rating for the company in a research report on Tuesday, October 6th. Finally, Bank of America lifted their price target on McDonald's from $339.00 to $343.00 in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $295.64.

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.

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