McDonald's Corporation $MCD Shares Acquired by Park National Corp OH

Key Points

• Park National Corp OH increased its McDonald’s stake by 10.4% in the third quarter, acquiring 14,588 additional shares for a total of 154,310 shares valued at approximately $35.6 million.
• McDonald’s shares traded near $231.92, close to their 52-week low, amid concerns over weak traffic, intense value competition and execution risks tied to its turnaround strategy.
• The company raised its quarterly dividend to $1.93 per share, or $7.72 annualized, producing a 3.3% yield; analysts nevertheless maintain a “Moderate Buy” consensus with an average price target of $298.52.

Park National Corp OH increased its position in McDonald's Corporation (NYSE:MCD - Free Report) by 10.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 154,310 shares of the fast-food giant's stock after purchasing an additional 14,588 shares during the quarter. McDonald's makes up 1.0% of Park National Corp OH's portfolio, making the stock its 27th largest holding. Park National Corp OH's holdings in McDonald's were worth $35,636,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Baker Tilly Wealth Management LLC lifted its stake in McDonald's by 51.8% during the third quarter. Baker Tilly Wealth Management LLC now owns 1,275 shares of the fast-food giant's stock worth $295,000 after purchasing an additional 435 shares during the period. Adelphi Trust Co raised its holdings in shares of McDonald's by 7.4% in the 3rd quarter. Adelphi Trust Co now owns 4,167 shares of the fast-food giant's stock worth $962,000 after buying an additional 287 shares in the last quarter. Heartwood Wealth Advisors LLC raised its holdings in shares of McDonald's by 2.2% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 8,052 shares of the fast-food giant's stock worth $1,860,000 after buying an additional 177 shares in the last quarter. Miller Global Investments LLC lifted its position in shares of McDonald's by 57.5% during the 3rd quarter. Miller Global Investments LLC now owns 430 shares of the fast-food giant's stock worth $99,000 after buying an additional 157 shares during the period. Finally, GoalVest Advisory LLC boosted its stake in McDonald's by 539.4% in the 3rd quarter. GoalVest Advisory LLC now owns 36,292 shares of the fast-food giant's stock valued at $8,381,000 after buying an additional 30,616 shares in the last quarter. Institutional investors and hedge funds own 70.29% of the company's stock.

More McDonald's News

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

• Positive Sentiment: McDonald’s continues to appeal to income-focused investors, having delivered its 50th consecutive annual dividend increase. The company’s larger payouts contrast with a rival’s decision to pause dividend growth. Domino’s Pizza Pauses Dividend Growth While McDonald’s Accelerates Payouts
• Positive Sentiment: The McDonald’s NEXT growth and turnaround strategy is intended to win back consumers through changes focused on value, customer traffic and restaurant performance. The stock’s sharp decline has also led some market commentators, including Jim Cramer, to view MCD as a potential buying opportunity for investors willing to accept execution risk. McDonald's Is Undergoing a Massive New Growth Strategy
• Neutral Sentiment: McDonald’s rejected claims that artificial intelligence is determining individualized Big Mac prices. While the clarification may reduce reputational concerns, the controversy highlights consumer sensitivity to pricing and value. McDonald’s Breaks Silence on Controversial AI Pricing Claims
• Neutral Sentiment: The return of the Monopoly promotion, featuring a $1 million prize, could support short-term engagement and visits, but it is unlikely to materially change the company’s broader earnings outlook. McDonald's Monopoly Is Coming Back
• Negative Sentiment: McDonald’s is caught in an intensifying value battle with quick-service rivals. Analysts point to sharper discounting, execution gaps and weak traffic, suggesting that efforts to attract budget-conscious customers may pressure margins before they improve sales. Value Wars Intensify: Can McDonald's Stay Ahead of QSR Rivals?
• Negative Sentiment: The stock’s new 52-week low reinforces bearish momentum. Investors appear unconvinced that the turnaround can quickly overcome declining traffic, elevated prices and competitive pressure, leaving MCD substantially below its recent moving averages. McDonald's Hits New 52-Week Low

McDonald's Trading Up 0.0%

Shares of MCD traded up $0.03 during mid-day trading on Monday, hitting $231.92. 2,854,783 shares of the company traded hands, compared to its average volume of 4,161,638. The stock has a market capitalization of $164.12 billion, a price-to-earnings ratio of 18.84, a PEG ratio of 2.59 and a beta of 0.44. The business has a 50-day moving average of $259.04 and a 200 day moving average of $277.11. McDonald's Corporation has a one year low of $229.20 and a one year high of $341.75.

McDonald's (NYSE:MCD - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $7.10 billion for 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%.The business's quarterly revenue was up 3.7% compared to the same quarter last year. During the same period last year, the company earned $3.19 EPS. As a group, analysts anticipate that McDonald's Corporation will post 12.85 earnings per share for the current year.

McDonald's Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be paid a $1.93 dividend. This is a boost from McDonald's's previous quarterly dividend of $1.86. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $7.72 annualized dividend and a dividend yield of 3.3%. McDonald's's payout ratio is 60.44%.

Wall Street Analyst Weigh In

Several research firms have issued reports on MCD. Royal Bank Of Canada dropped their price objective on McDonald's from $290.00 to $285.00 and set a "sector perform" rating for the company in a research note on Thursday, September 24th. Morgan Stanley lowered their target price on shares of McDonald's from $308.00 to $297.00 and set an "equal weight" rating on the stock in a report on Monday, September 28th. Needham & Company LLC reiterated a "buy" rating on shares of McDonald's in a research report on Monday, September 21st. Mizuho cut their price target on shares of McDonald's from $300.00 to $290.00 and set a "neutral" rating for the company in a report on Friday, July 31st. Finally, Gordon Haskett decreased their price objective on shares of McDonald's from $315.00 to $285.00 and set a "buy" rating on the stock in a research note on Thursday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $298.52.

McDonald's Company 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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