Maridea Wealth Management LLC Trims Position in McDonald's Corporation $MCD

Key Points

• Maridea Wealth Management LLC cut its McDonald's stake by 78.3% in the first quarter, leaving it with 1,857 shares valued at about $577,000.
• Despite that sale, McDonald's remains heavily owned by institutions, with 70.29% of the stock held by hedge funds and other institutional investors.
• Wall Street sentiment is mixed but constructive: analysts currently rate McDonald's a Moderate Buy on average, with a consensus price target of $336.26 after the company recently beat quarterly earnings and revenue expectations.

Maridea Wealth Management LLC decreased its position in McDonald's Corporation (NYSE:MCD - Free Report) by 78.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,857 shares of the fast-food giant's stock after selling 6,714 shares during the quarter. Maridea Wealth Management LLC's holdings in McDonald's were worth $577,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank purchased a new position in shares of McDonald's in the fourth quarter worth approximately $2,890,438,000. J. Stern & Co. LLP increased its holdings in McDonald's by 9,867.5% during the fourth quarter. J. Stern & Co. LLP now owns 2,541,008 shares of the fast-food giant's stock valued at $776,608,000 after buying an additional 2,515,515 shares during the last quarter. Viking Global Investors LP raised its position in McDonald's by 171.7% in the second quarter. Viking Global Investors LP now owns 3,125,432 shares of the fast-food giant's stock worth $913,157,000 after acquiring an additional 1,974,998 shares during the period. Franklin Resources Inc. boosted its stake in shares of McDonald's by 36.6% during the 3rd quarter. Franklin Resources Inc. now owns 4,396,837 shares of the fast-food giant's stock worth $1,336,155,000 after acquiring an additional 1,179,244 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of McDonald's by 111.3% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,071,296 shares of the fast-food giant's stock worth $629,446,000 after acquiring an additional 1,090,849 shares during the last quarter. 70.29% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Royal Bank Of Canada restated a "sector perform" rating on shares of McDonald's in a research note on Tuesday. Robert W. Baird set a $305.00 target price on McDonald's in a research report on Thursday, May 7th. Evercore set a $350.00 price target on McDonald's in a report on Friday, May 8th. Tigress Financial upped their price target on McDonald's from $360.00 to $385.00 and gave the stock a "buy" rating in a research report on Friday, March 6th. Finally, BTIG Research reaffirmed a "buy" rating and issued a $370.00 price objective on shares of McDonald's in a research note on Thursday, May 7th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, McDonald's presently has an average rating of "Moderate Buy" and an average target price of $336.26.

Key Stories Impacting McDonald's

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

• Positive Sentiment: McDonald’s is drawing attention for menu-driven buzz, including the return of its fried apple pie and coverage around World Cup collectible cups, which can help traffic, social engagement, and near-term sales. We Tried It: A Visit to McDonald's 35-Foot Fried Apple Pie Along Rte 66
• Positive Sentiment: The company is also expanding and modernizing, including a new Howard City location and a broader “McDonald’s NEXT” push focused on automation, digital ordering, better food quality, and improved franchise economics. McDonald’s opens first Howard City location
• Positive Sentiment: Some commentary says lower oil prices are helping restaurant stocks broadly, easing consumer wallet pressure and lifting quick-service dining names like McDonald’s. Jack in the Box and First Watch Stocks Trade Up, What You Need To Know
• Neutral Sentiment: Zacks noted that McDonald’s is relying on China expansion to support long-term growth, but macro pressure and regional volatility are still weighing on near-term trends. Can McDonald's China Expansion Support IDL Growth Amid Macro Pressure?
• Neutral Sentiment: Several articles were mostly consumer-interest pieces about how to save money at McDonald’s or how its products taste, which add brand visibility but are unlikely to materially affect fundamentals. How To Find the Cheapest McDonald's Wherever You Are
• Negative Sentiment: One recent article highlights that Burger King breakfast sandwiches may outperform McDonald’s on a key advantage, reinforcing competitive pressure in breakfast and value-focused traffic. Burger King breakfast sandwiches outshine McDonald's every time with one big advantage
• Negative Sentiment: There is also scrutiny around McDonald’s new AI drive-thru testing after a prior system was removed in 2024 due to ordering errors, which could raise questions about execution risk if rollout issues persist. McDonald's is testing a new AI drive-thru system after removing its previous one in 2024 over order errors

McDonald's Stock Up 2.1%

NYSE MCD opened at $270.21 on Friday. The firm has a market cap of $191.98 billion, a price-to-earnings ratio of 22.28, a price-to-earnings-growth ratio of 2.69 and a beta of 0.41. The business has a 50-day moving average price of $283.43 and a 200-day moving average price of $304.54. McDonald's Corporation has a twelve month low of $264.53 and a twelve month high of $341.75.

McDonald's (NYSE:MCD - Get Free Report) last released its earnings results on Thursday, May 7th. The fast-food giant reported $2.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.74 by $0.09. The firm had revenue of $6.52 billion during 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 revenue was up 9.4% on a year-over-year basis. During the same quarter last year, the business posted $2.67 earnings per share. Research analysts expect that McDonald's Corporation will post 12.93 EPS for the current fiscal year.

McDonald's Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were paid a dividend of $1.86 per share. This represents a $7.44 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Tuesday, June 2nd. McDonald's's dividend payout ratio (DPR) is presently 61.34%.

Insiders Place Their Bets

In other McDonald's news, EVP Desiree Ralls-Morrison sold 2,763 shares of McDonald's stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $278.36, for a total value of $769,108.68. Following the sale, the executive vice president directly owned 6,268 shares in the company, valued at approximately $1,744,760.48. The trade was a 30.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Joseph M. Erlinger sold 5,252 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the transaction, the insider directly owned 7,734 shares of the company's stock, valued at $2,198,930.88. This trade represents a 40.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 11,307 shares of company stock worth $3,262,622. 0.26% of the stock is currently owned by insiders.

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.

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