McDonald's Corporation $MCD Stock Sold by Bokf Na

Key Points

• Bokf Na reduced its McDonald’s stake by 7.6% in the third quarter, selling 6,510 shares and retaining 79,327 shares valued at approximately $18.3 million. Institutional investors collectively own 70.29% of the company.
• Analysts maintain a generally positive outlook, with McDonald’s holding a consensus “Moderate Buy” rating and an average price target of $295.64, despite several recent target-price cuts.
• McDonald’s reported quarterly EPS of $3.38, exceeding estimates, and raised its quarterly dividend to $1.93, equivalent to an annualized $7.72 dividend and a 3.1% yield.

Bokf Na trimmed its stake in McDonald's Corporation (NYSE:MCD - Free Report) by 7.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 79,327 shares of the fast-food giant's stock after selling 6,510 shares during the period. Bokf Na's holdings in McDonald's were worth $18,320,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. GKV Capital Management Co. Inc. bought a new stake in McDonald's during the first quarter worth approximately $33,000. Burkett Financial Services LLC grew its holdings in McDonald's by 2,312.5% during the third quarter. Burkett Financial Services LLC now owns 193 shares of the fast-food giant's stock valued at $45,000 after purchasing an additional 185 shares during the last quarter. POM Investment Strategies LLC raised its position in shares of McDonald's by 46.2% in the second quarter. POM Investment Strategies LLC now owns 174 shares of the fast-food giant's stock valued at $47,000 after purchasing an additional 55 shares during the period. Westfuller Advisors LLC lifted its stake in shares of McDonald's by 140.0% in the second 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. Finally, Financial Life Planners bought a new stake in shares of McDonald's during the 1st quarter worth $51,000. 70.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

MCD has been the topic of a number of research analyst reports. Oppenheimer lowered their target price on shares of McDonald's from $325.00 to $295.00 and set an "outperform" rating on the stock in a research note on Thursday, September 24th. Mizuho cut their target price on shares of McDonald's from $300.00 to $290.00 and set a "neutral" rating for the company in a research report on Friday, July 31st. Jefferies Financial Group cut their target price on shares of McDonald's from $260.00 to $250.00 and set an "overweight" rating for the company in a research report on Tuesday, September 29th. Needham & Company LLC restated a "buy" rating on shares of McDonald's in a report on Monday, September 21st. Finally, Morgan Stanley lowered their price target on McDonald's from $308.00 to $297.00 and set an "equal weight" rating on the stock in a research report on Monday, September 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, McDonald's currently has a consensus rating of "Moderate Buy" and an average target price of $295.64.

Key McDonald's News

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

• Positive Sentiment: McDonald’s is rolling out several traffic-driving promotions, including the return of the McRib in six U.S. cities, an $8 meal deal featuring a highly rated burger, and five holiday beverages. These limited-time offerings could support customer visits and seasonal sales. McDonald's McRib Returns October 27 to Select U.S. Cities
• Positive Sentiment: A planned Pokémon Trading Card Game Happy Meal promotion in November and continued menu innovation may strengthen McDonald’s appeal to families and younger customers, although the financial impact is not yet quantified. McDonald’s x Pokémon TCG Collaboration
• Neutral Sentiment: Wall Street expects earnings growth in next week’s report. Investors are likely focused on comparable sales, consumer demand, value offerings and management’s outlook, while current coverage suggests McDonald’s may not have the strongest setup for an earnings beat. McDonald's Reports Next Week
• Neutral Sentiment: McDonald’s attracted elevated investor attention and edged higher alongside other restaurant stocks. However, the move appears more tied to sector positioning and comparisons with peers than to a new company-specific financial announcement. Wendy’s Take-Private Offer and Restaurant Stocks
• Negative Sentiment: Analyst commentary remains cautious, with one assessment arguing that McDonald’s prior decline may not have fully reflected its risks. That view could limit upside until the company demonstrates stronger traffic, sales momentum or guidance. McDonald's 30 Percent Decline Probably Isn't Enough
• Negative Sentiment: McDonald’s decision to end its FIFA World Cup sponsorship indicates a shift in marketing spending and removes a high-profile global promotional platform. While it may reduce costs, investors could question whether the change affects brand visibility. McDonald’s FIFA Sponsorship Exit

McDonald's Trading Up 0.4%

Shares of McDonald's stock opened at $250.54 on Thursday. The company's fifty day simple moving average is $248.68 and its 200-day simple moving average is $283.93. The company has a market cap of $177.30 billion, a price-to-earnings ratio of 20.35, a PEG ratio of 2.83 and a beta of 0.44. McDonald's Corporation has a 1 year low of $229.20 and a 1 year 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 (EPS) for the quarter, topping the consensus estimate of $3.32 by $0.06. McDonald's had a net margin of 31.72% and a negative return on equity of 572.06%. The company had revenue of $7.10 billion for the quarter, compared to analyst estimates of $7.13 billion. During the same period last year, the business posted $3.19 EPS. The business's quarterly revenue was up 3.7% on a year-over-year basis. As a group, research analysts forecast that McDonald's Corporation will post 12.83 earnings per share for the current fiscal year.

McDonald's Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be issued a $1.93 dividend. This is a positive change 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 yield of 3.1%. McDonald's's payout ratio is currently 60.44%.

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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