Corient Private Wealth LP Reduces Holdings in McDonald's Corporation $MCD

Key Points

• Corient Private Wealth LP cut its McDonald’s holdings by 13.1% in the second quarter, selling 112,215 shares and retaining 745,825 shares valued at approximately $201.6 million. Institutional investors collectively own about 70.3% of MCD.
• Analysts maintain a generally positive view, with McDonald’s rated “Moderate Buy” and an average price target of $320.57, though some firms recently lowered their targets. The stock opened at $252.58, near its 12-month low of $252.15.
• McDonald’s exceeded quarterly EPS estimates, reporting $3.38 versus the $3.32 consensus, while revenue rose 3.7% year over year to $7.10 billion. The company also declared a quarterly dividend of $1.86, equivalent to a $7.44 annualized payout and a 2.9% yield.

Corient Private Wealth LP decreased its holdings in McDonald's Corporation (NYSE:MCD - Free Report) by 13.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 745,825 shares of the fast-food giant's stock after selling 112,215 shares during the quarter. Corient Private Wealth LP owned approximately 0.11% of McDonald's worth $201,604,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hamilton Point Investment Advisors LLC lifted its holdings in McDonald's by 1.8% during the 4th quarter. Hamilton Point Investment Advisors LLC now owns 1,750 shares of the fast-food giant's stock worth $535,000 after buying an additional 31 shares during the last quarter. Richmond Investment Services LLC increased its stake in McDonald's by 1.4% during the fourth quarter. Richmond Investment Services LLC now owns 2,278 shares of the fast-food giant's stock valued at $696,000 after purchasing an additional 32 shares during the last quarter. Papamarkou Wellner Asset Management inc. raised its holdings in shares of McDonald's by 0.4% during the fourth quarter. Papamarkou Wellner Asset Management inc. now owns 8,809 shares of the fast-food giant's stock worth $2,692,000 after purchasing an additional 32 shares during the period. Allied Investment Advisors LLC lifted its position in shares of McDonald's by 2.6% in the 4th quarter. Allied Investment Advisors LLC now owns 1,366 shares of the fast-food giant's stock worth $417,000 after buying an additional 34 shares during the last quarter. Finally, Parvin Asset Management LLC lifted its position in shares of McDonald's by 3.8% in the 3rd quarter. Parvin Asset Management LLC now owns 929 shares of the fast-food giant's stock worth $282,000 after buying an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 70.29% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on MCD. Argus cut their target price on shares of McDonald's from $320.00 to $310.00 and set a "buy" rating on the stock in a report on Wednesday, August 26th. Freedom Capital upgraded McDonald's from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 5th. BTIG Research reaffirmed a "buy" rating and issued a $350.00 target price on shares of McDonald's in a research report on Wednesday, August 5th. Guggenheim cut their target price on McDonald's from $320.00 to $290.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 5th. Finally, Evercore set a $320.00 price target on shares of McDonald's in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, McDonald's currently has an average rating of "Moderate Buy" and an average target price of $320.57.

McDonald's Stock Performance

NYSE MCD opened at $252.58 on Friday. The firm has a 50-day simple moving average of $267.69 and a 200 day simple moving average of $286.80. The stock has a market cap of $178.74 billion, a PE ratio of 20.52, a PEG ratio of 2.73 and a beta of 0.41. McDonald's Corporation has a twelve month low of $252.15 and a twelve month high of $341.75.

McDonald's (NYSE:MCD - Get Free Report) last issued its earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 EPS for the quarter, beating analysts' consensus estimates of $3.32 by $0.06. The business had revenue of $7.10 billion during the quarter, compared to analyst estimates of $7.13 billion. McDonald's had a negative return on equity of 572.06% and a net margin of 31.72%.McDonald's's revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the company posted $3.19 earnings per share. Research analysts forecast that McDonald's Corporation will post 12.88 earnings per share for the current fiscal year.

McDonald's Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Tuesday, September 1st will be paid a $1.86 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $7.44 annualized dividend and a yield of 2.9%. McDonald's's payout ratio is currently 60.44%.

Trending Headlines about McDonald's

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

• Positive Sentiment: McDonald’s CEO said some customer groups are ordering more Happy Meals, suggesting continued appeal for the company’s value-oriented family offerings. This group is ordering more Happy Meals, McDonald's CEO says
• Positive Sentiment: New and limited-time menu initiatives—including a fall latte, an exclusive meal and a SpongeBob–One Piece Happy Meal collaboration—could support restaurant traffic and customer engagement. McDonald's new fall latte SpongeBob and One Piece Happy Meal collaboration
• Neutral Sentiment: McDonald’s and Burger King are reportedly emphasizing human workers as a way to improve the customer experience. The strategy may strengthen service and brand perception, but could also carry higher labor costs. McDonald's and Burger King turn to human workers
• Neutral Sentiment: Promotions such as free or discounted double cheeseburgers and highly publicized menu items may boost visits, although investors will watch whether incremental sales offset promotional pressure on margins. McDonald's National Cheeseburger Day promotion
• Negative Sentiment: TD Cowen lowered its McDonald’s price target from $300 to $282 and assigned a “hold” rating. Although the revised target implies upside from the current level, the cut signals reduced near-term conviction.
• Negative Sentiment: Erste Group Bank trimmed its FY2027 EPS estimate from $14.00 to $13.96, adding to concerns about limited earnings growth.
• Negative Sentiment: Coverage highlighting McDonald’s new one-year low reinforces technical weakness and may encourage additional selling, despite the company’s strong profitability and recent quarterly EPS beat. McDonald's sets new one-year low

About McDonald's

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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