McDonald's Corporation $MCD Shares Sold by Cordatus Wealth Management LLC

Key Points

• Cordatus Wealth Management cut its McDonald’s stake by 59.9% in the third quarter, selling 9,759 shares and retaining 6,537 shares valued at approximately $1.51 million. Institutional investors collectively own 70.29% of the company.
• McDonald’s reported quarterly EPS of $3.38, exceeding estimates of $3.32, while revenue rose 3.7% year over year to $7.10 billion, slightly below expectations.
• The company increased its quarterly dividend to $1.93 per share, representing an annualized payout of $7.72 and a yield of about 3.2%. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $295.94.

Cordatus Wealth Management LLC lessened its stake in McDonald's Corporation (NYSE:MCD - Free Report) by 59.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,537 shares of the fast-food giant's stock after selling 9,759 shares during the period. Cordatus Wealth Management LLC's holdings in McDonald's were worth $1,510,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the business. State Street Corp grew its position in McDonald's by 1.8% during the 2nd quarter. State Street Corp now owns 36,080,505 shares of the fast-food giant's stock worth $9,752,921,000 after acquiring an additional 646,675 shares during the last quarter. Bank of New York Mellon Corp bought a new position in McDonald's in the second quarter worth about $1,359,276,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of McDonald's by 17.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,637,785 shares of the fast-food giant's stock valued at $1,130,587,000 after purchasing an additional 533,448 shares during the period. Diamant Asset Management Inc. lifted its position in McDonald's by 30,979.0% during the first quarter. Diamant Asset Management Inc. now owns 2,596,340 shares of the fast-food giant's stock valued at $806,917,000 after buying an additional 2,587,986 shares during the period. Finally, Swiss National Bank lifted its position in McDonald's by 6.9% during the 1st quarter. Swiss National Bank now owns 2,089,980 shares of the fast-food giant's stock valued at $649,545,000 after acquiring an additional 134,480 shares during the period. Hedge funds and other institutional investors own 70.29% of the company's stock.

McDonald's Stock Down 0.2%

Shares of NYSE:MCD opened at $242.60 on Tuesday. The firm has a fifty day simple moving average of $251.44 and a two-hundred day simple moving average of $271.35. McDonald's Corporation has a 52 week low of $229.20 and a 52 week high of $341.75. The stock has a market capitalization of $171.68 billion, a P/E ratio of 19.36, a PEG ratio of 2.72 and a beta of 0.44.

McDonald's (NYSE:MCD - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.32 by $0.06. McDonald's had a negative return on equity of 572.06% and a net margin of 31.72%. The business had revenue of $7.10 billion for the quarter, compared to the consensus estimate of $7.13 billion. During the same period in the prior year, the business posted $3.19 earnings per share. The company's quarterly revenue was up 3.7% compared to the same quarter last year. On average, analysts expect that McDonald's Corporation will post 12.84 earnings per share for the current year.

McDonald's Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be paid a dividend of $1.93 per share. This is a boost from McDonald's's previous quarterly dividend of $1.86. This represents a $7.72 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Tuesday, December 1st. McDonald's's payout ratio is presently 60.44%.

Trending Headlines about McDonald's

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

• Positive Sentiment: UBS said McDonald’s NEXT growth plan and renewed value push could outweigh near-term U.S. weakness, positioning the company to gain global market share in 2027. This supports the long-term growth case for MCD. McDonald’s NEXT Plan, Value Push Seen Outweighing Near-Term US Weakness, UBS Says
• Positive Sentiment: A new McDonald’s restaurant opened in West Michigan, providing a modest indication of ongoing unit expansion and local sales opportunities. West Michigan town welcomes new McDonald’s restaurant
• Neutral Sentiment: McDonald’s is promoting new chicken products and a Disney Villains Halloween Boo Buckets campaign. These launches may support traffic and engagement, although the articles provide no evidence of a material earnings impact. McDonald’s new chicken product McDonald’s Boo Buckets return
• Neutral Sentiment: Recent investment commentary is divided, with some analysts calling McDonald’s an overlooked opportunity while others advise avoiding the stock. This highlights uncertainty rather than a clear change in fundamentals. McDonald’s: An Underrated Opportunity Hiding in Plain Sight
• Negative Sentiment: Morgan Stanley flagged a potential pricing-power problem as lower-income customers pull back. If McDonald’s must rely more heavily on discounts, margins and sales growth could come under pressure. McDonald’s appears to have a pricing-power problem
• Negative Sentiment: Reports describe lawsuits and scrutiny involving McDonald’s and Deloitte over an alleged AI-driven menu-pricing scheme. Even if unproven, the allegations create reputational, legal and regulatory risks for MCD. McDonald’s, Deloitte Under Fire Over Alleged Menu Pricing Scheme

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. TD Cowen dropped their target price on McDonald's from $282.00 to $270.00 and set a "hold" rating on the stock in a report on Thursday, September 24th. Gordon Haskett dropped their target price on McDonald's from $315.00 to $285.00 and set a "buy" rating on the stock in a research report on Thursday, September 24th. Daiwa Securities Group cut their price objective on shares of McDonald's from $309.00 to $293.00 and set an "outperform" rating for the company in a research report on Thursday, August 6th. DZ Bank reaffirmed a "buy" rating on shares of McDonald's in a report on Thursday, September 24th. Finally, Loop Capital lowered their price objective on McDonald's from $301.00 to $273.00 and set a "hold" rating on the stock in a research report on Wednesday, August 5th. One 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $295.94.

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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