McDonald's Corporation $MCD Stock Acquired by Vest Financial LLC

Key Points

• Vest Financial LLC increased its McDonald’s stake by 14% in the third quarter, acquiring 27,794 additional shares for a total of 226,522 shares valued at approximately $52.3 million. Institutional investors collectively own 70.29% of MCD.
• Analyst sentiment remains positive, with a consensus rating of “Moderate Buy” and an average price target of $295.64, despite several analysts recently lowering their targets.
• McDonald’s reported quarterly EPS of $3.38, exceeding estimates, and raised its quarterly dividend to $1.93, equivalent to a 3.1% annual yield. Shares opened at $246.11, near the lower end of their 52-week range.

Vest Financial LLC boosted its holdings in McDonald's Corporation (NYSE:MCD - Free Report) by 14.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 226,522 shares of the fast-food giant's stock after acquiring an additional 27,794 shares during the quarter. Vest Financial LLC's holdings in McDonald's were worth $52,313,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in MCD. GKV Capital Management Co. Inc. purchased a new stake in shares of McDonald's during the first quarter valued at $33,000. Merkkuri Wealth Advisors LLC bought a new stake in McDonald's in the 1st quarter worth about $43,000. Burkett Financial Services LLC raised its position in McDonald's by 2,312.5% in the 3rd quarter. Burkett Financial Services LLC now owns 193 shares of the fast-food giant's stock worth $45,000 after buying an additional 185 shares during the last quarter. POM Investment Strategies LLC raised its position in McDonald's by 46.2% in the 2nd quarter. POM Investment Strategies LLC now owns 174 shares of the fast-food giant's stock worth $47,000 after buying an additional 55 shares during the last quarter. Finally, Westfuller Advisors LLC raised its position in McDonald's by 140.0% in the 2nd quarter. Westfuller Advisors LLC now owns 180 shares of the fast-food giant's stock worth $49,000 after buying an additional 105 shares during the last quarter. 70.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MCD has been the subject of a number of research analyst reports. Weiss Ratings lowered shares of McDonald's from a "hold (c)" rating to a "hold (c-)" rating in a research note on Friday, October 2nd. Tigress Financial increased their price objective on shares of McDonald's from $385.00 to $390.00 and gave the company a "buy" rating in a research report on Friday, July 17th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of McDonald's from $325.00 to $300.00 and set a "buy" rating on the stock in a research report on Monday, September 14th. HSBC dropped their target price on shares of McDonald's from $357.00 to $356.00 and set a "buy" rating on the stock in a report on Wednesday, August 5th. Finally, Royal Bank Of Canada cut their target price on shares of McDonald's from $290.00 to $285.00 and set a "sector perform" rating for the company in a research report on Thursday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given 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 a consensus rating of "Moderate Buy" and a consensus target price of $295.64.

McDonald's Stock Performance

Shares of McDonald's stock opened at $246.11 on Thursday. The company has a market capitalization of $174.16 billion, a P/E ratio of 19.99, a P/E/G ratio of 2.76 and a beta of 0.44. The company has a fifty day moving average of $250.31 and a 200 day moving average of $270.49. McDonald's Corporation has a fifty-two week low of $229.20 and a fifty-two week high of $341.75.

McDonald's (NYSE:MCD - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $7.13 billion. During the same period in the prior year, the company posted $3.19 EPS. The firm's revenue for the quarter was up 3.7% compared to the same quarter last year. Analysts forecast that McDonald's Corporation will post 12.84 EPS for the current year.

McDonald's Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be paid a $1.93 dividend. This represents a $7.72 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, December 1st. This is an increase from McDonald's's previous quarterly dividend of $1.86. McDonald's's dividend payout ratio is 60.44%.

Key Stories Impacting McDonald's

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

• Positive Sentiment: McDonald’s is bringing back its Halloween Boo Buckets with a Disney Villains theme. The collectible promotion could increase seasonal visits, generate social-media engagement and support limited-time sales. Disney Villains Halloween Boo Buckets Arrive at McDonald's
• Positive Sentiment: The McRib is returning to select Indiana restaurants on October 26, offering another limited-time product designed to attract loyal customers and create urgency. Fan-favorite sandwich returning to McDonald's
• Positive Sentiment: Some analysts view MCD as potentially undervalued after its recent underperformance. Its valuation is below historical averages, while the established franchise model and multiyear-high dividend yield may appeal to income-focused investors. Is The Market Underpricing McDonald's Stock?
• Neutral Sentiment: Two additional McDonald’s locations are planned for the northern Fort Worth suburbs, indicating continued domestic unit expansion, although the financial contribution is likely to be gradual. Two McDonald's restaurants planned for north Fort Worth suburbs
• Negative Sentiment: TD Cowen’s downgrade of Chipotle also pressured McDonald’s and other restaurant stocks, reflecting broader investor concerns about slowing industry sales momentum. Chipotle Falls as TD Cowen Downgrades
• Negative Sentiment: McDonald’s faces weak U.S. traffic, making menu innovation important for restoring comparable-sales growth. The latest analysis suggests new products may help, but they have not yet resolved the underlying demand pressure. Can MCD's Menu Innovation Offset Slower U.S. Comparable Sales Growth?

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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