McDonald's Corporation $MCD Stock Holdings Trimmed by Amundi

Amundi trimmed its stake in shares of McDonald's Corporation (NYSE:MCD - Free Report) by 13.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,520,334 shares of the fast-food giant's stock after selling 544,581 shares during the quarter. Amundi owned about 0.50% of McDonald's worth $951,581,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. California State Teachers Retirement System boosted its holdings in McDonald's by 27,036.7% during the second quarter. California State Teachers Retirement System now owns 302,891,546 shares of the fast-food giant's stock worth $81,874,614,000 after buying an additional 301,775,375 shares in the last quarter. State Street Corp increased its holdings in shares of McDonald's by 2.7% in the 4th quarter. State Street Corp now owns 35,983,997 shares of the fast-food giant's stock valued at $10,997,789,000 after purchasing an additional 959,140 shares during the period. Geode Capital Management LLC lifted its position in shares of McDonald's by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 17,038,519 shares of the fast-food giant's stock worth $5,195,965,000 after purchasing an additional 76,090 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of McDonald's by 3.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,474,749 shares of the fast-food giant's stock worth $2,895,768,000 after purchasing an additional 277,617 shares during the period. Finally, Norges Bank purchased a new position in McDonald's during the fourth quarter valued at approximately $2,890,438,000. 70.29% of the stock is owned by institutional investors and hedge funds.

McDonald's Price Performance

Shares of NYSE MCD opened at $255.69 on Monday. The company's fifty day moving average is $269.67 and its 200-day moving average is $289.12. The stock has a market cap of $180.94 billion, a price-to-earnings ratio of 20.77, a P/E/G ratio of 2.76 and a beta of 0.41. McDonald's Corporation has a twelve month low of $255.49 and a twelve month high of $341.75.

McDonald's (NYSE:MCD - Get Free Report) last posted its earnings results 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. The firm had revenue of $7.10 billion during the quarter, compared to analysts' expectations of $7.13 billion. McDonald's had a negative return on equity of 572.06% and a net margin of 31.72%.The company's revenue was up 3.7% on a year-over-year basis. During the same period in the previous year, the firm earned $3.19 earnings per share. On average, research analysts anticipate that McDonald's Corporation will post 12.87 EPS for the current fiscal year.

McDonald's Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Tuesday, September 1st will be paid a $1.86 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $7.44 dividend on an annualized basis and a yield of 2.9%. McDonald's's dividend payout ratio is presently 60.44%.

Insider Transactions at McDonald's

In other McDonald's news, insider Joseph Erlinger sold 5,252 shares of McDonald's stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $284.32, for a total value of $1,493,248.64. Following the sale, the insider 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. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.26% of the company's stock.

Key Headlines Impacting McDonald's

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

• Positive Sentiment: Valuation may attract contrarian buyers: McDonald’s is trading at roughly 19.15 times earnings, below the restaurant industry’s average multiple. Analysts point to global expansion, digital initiatives and new product efforts as possible catalysts for a recovery. McDonald's Trades at 19.15X P/E: Is This a Discounted Opportunity?
• Positive Sentiment: Promotional activity could support traffic: McDonald’s is bringing back popular menu items, launching a Texas-themed meal with collectible cups and promoting limited-time products. These campaigns may encourage visits and improve near-term sales, though their financial impact is unproven. McDonald's launches exclusive state-themed meal
• Neutral Sentiment: Brand visibility remains high: Coverage of McDonald’s breakfast offerings, Grimace appearances, collectible merchandise and Warren Buffett’s long-standing affinity for the brand reinforces consumer awareness but is unlikely to materially change earnings expectations. The best McDonald’s breakfast sandwich isn’t on the menu
• Negative Sentiment: U.S. consumer weakness is the main concern: Reports describe consumer-focused stocks, including McDonald’s, as signaling softer spending in middle America. Articles also highlight customers shifting to competing fast-food chains, increasing pressure on traffic and comparable sales. Wall Street worried about consumer stocks
• Negative Sentiment: Value positioning remains problematic: Coverage says McDonald’s $3 value offering has not fully delivered for customers or the company, raising concerns about affordability, franchisee economics and the effectiveness of discounting. Why you can't find McDonald's $3 value menu

Analysts Set New Price Targets

A number of analysts have issued reports on MCD shares. Sanford C. Bernstein reiterated a "market perform" rating and issued a $295.00 target price on shares of McDonald's in a research note on Wednesday, August 5th. Wells Fargo & Company decreased their price objective on shares of McDonald's from $320.00 to $300.00 and set an "overweight" rating for the company in a report on Thursday, July 16th. Mizuho cut their target price on McDonald's from $300.00 to $290.00 and set a "neutral" rating on the stock in a report on Friday, July 31st. JPMorgan Chase & Co. dropped their price target on shares of McDonald's from $325.00 to $305.00 and set an "overweight" rating on the stock in a research report on Monday, May 11th. Finally, Royal Bank Of Canada cut their price target on McDonald's from $305.00 to $295.00 and set a "sector perform" rating for the company in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, McDonald's presently has an average rating of "Moderate Buy" and an average price target of $321.35.

McDonald's 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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