McDonald's Corporation $MCD Shares Purchased by Allstate Corp

Key Points

• Allstate Corp more than doubled its McDonald’s stake in the fourth quarter, increasing holdings by 109.7% to 53,951 shares valued at about $16.5 million.
• McDonald’s recently beat quarterly expectations, reporting $2.83 EPS on $6.52 billion in revenue, with revenue up 9.4% year over year.
• The company also announced a $1.86 quarterly dividend and received mostly bullish analyst coverage, with a consensus rating of Moderate Buy and a target price of $334.45.

Allstate Corp increased its position in shares of McDonald's Corporation (NYSE:MCD - Free Report) by 109.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 53,951 shares of the fast-food giant's stock after acquiring an additional 28,219 shares during the quarter. Allstate Corp's holdings in McDonald's were worth $16,489,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of MCD. Your Advocates Ltd. LLP acquired a new stake in McDonald's during the fourth quarter worth approximately $27,000. Park Place Capital Corp boosted its position in McDonald's by 95.7% during the fourth quarter. Park Place Capital Corp now owns 92 shares of the fast-food giant's stock worth $28,000 after acquiring an additional 45 shares during the last quarter. DecisionPoint Financial LLC boosted its position in McDonald's by 1,616.7% during the fourth quarter. DecisionPoint Financial LLC now owns 103 shares of the fast-food giant's stock worth $31,000 after acquiring an additional 97 shares during the last quarter. Entrust Financial LLC acquired a new stake in McDonald's during the fourth quarter worth approximately $31,000. Finally, Painted Porch Advisors LLC boosted its position in McDonald's by 735.7% during the third quarter. Painted Porch Advisors LLC now owns 117 shares of the fast-food giant's stock worth $36,000 after acquiring an additional 103 shares during the last quarter. Institutional investors and hedge funds own 70.29% of the company's stock.

McDonald's News Summary

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

• Positive Sentiment: McDonald’s continues to benefit from broad brand visibility and steady traffic interest, with several recent articles highlighting popular menu items, breakfast customization, and Memorial Day store-hour searches that keep the chain top of mind for customers. Why McDonald's Won't Let You Order Fries For Breakfast
• Positive Sentiment: Coverage around the enduring appeal of McDonald’s classic menu items, including the Egg McMuffin and other iconic products, reinforces the company’s strong customer loyalty and menu power. 31 Years Ago, McDonald's Added An Iconic Dessert To The Menu
• Neutral Sentiment: Several articles focus on holiday operating hours and ordering tips rather than business fundamentals, so they are unlikely to have a direct impact on earnings or valuation. Is McDonald’s open on Monday, May 25 for Memorial Day 2026?
• Neutral Sentiment: Discussion of product comparisons and customer ordering quirks adds to brand chatter, but these stories are mostly informational and not likely to materially move the stock. McDonald's double hamburger vs McDouble: Is there a difference?
• Negative Sentiment: Zacks highlighted ongoing inflation pressure on McDonald’s franchisees, citing higher beef, energy, and supply-chain costs that could squeeze margins and limit profitability if value pricing remains necessary. Can McDonald's Support Franchisee Margins Amid Inflation Pressure?

Insider Activity at McDonald's

In other news, insider Joseph M. Erlinger sold 2,626 shares of the firm's stock in a transaction on Friday, April 10th. The shares were sold at an average price of $307.00, for a total value of $806,182.00. Following the transaction, the insider owned 8,400 shares of the company's stock, valued at approximately $2,578,800. This trade represents a 23.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 5,585 shares of company stock valued at $1,769,209. Company insiders own 0.26% of the company's stock.

McDonald's Stock Up 0.1%

NYSE:MCD opened at $282.48 on Tuesday. The company has a market cap of $200.70 billion, a P/E ratio of 23.29, a P/E/G ratio of 2.81 and a beta of 0.43. McDonald's Corporation has a fifty-two week low of $271.98 and a fifty-two week high of $341.75. The firm's 50 day moving average is $298.88 and its two-hundred day moving average is $309.23.

McDonald's (NYSE:MCD - Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The fast-food giant reported $2.83 earnings per share for the quarter, topping analysts' consensus estimates of $2.74 by $0.09. The company had revenue of $6.52 billion for the quarter, compared to the consensus estimate of $6.47 billion. McDonald's had a net margin of 31.62% and a negative return on equity of 442.10%. McDonald's's revenue was up 9.4% on a year-over-year basis. During the same quarter last year, the firm posted $2.67 earnings per share. Research analysts forecast that McDonald's Corporation will post 12.93 earnings per share for the current fiscal year.

McDonald's Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd will be paid a $1.86 dividend. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, June 2nd. McDonald's's dividend payout ratio (DPR) is currently 61.34%.

Analyst Ratings Changes

A number of analysts recently issued reports on MCD shares. Cfra upgraded shares of McDonald's to a "buy" rating in a research report on Friday, May 8th. Evercore set a $350.00 target price on shares of McDonald's in a research report on Friday, May 8th. Wells Fargo & Company decreased their target price on shares of McDonald's from $355.00 to $320.00 and set an "overweight" rating on the stock in a research report on Friday, May 8th. UBS Group increased their price target on shares of McDonald's from $350.00 to $365.00 and gave the stock a "buy" rating in a research note on Thursday, February 12th. Finally, Truist Financial increased their price target on shares of McDonald's from $356.00 to $370.00 and gave the stock a "buy" rating in a research note on Thursday, February 12th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $334.45.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.