McDonald's Corporation $MCD Stock Sold by Pinnacle Wealth Planning Services Inc.

Key Points

• Pinnacle Wealth Planning Services cut its McDonald’s position by 28.6% in the third quarter, selling 4,463 shares and retaining 11,115 shares valued at approximately $2.57 million. Hedge funds and institutional investors collectively own 70.29% of the company.
• McDonald’s reported quarterly EPS of $3.38, exceeding estimates by $0.06, while revenue rose 3.7% year over year to $7.10 billion. The company also increased its quarterly dividend to $1.93, equivalent to a 3.1% annual yield.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $295.64, although several firms recently lowered their targets. Shares opened at $250.54, well below their 52-week high of $341.75.

Pinnacle Wealth Planning Services Inc. decreased its position in McDonald's Corporation (NYSE:MCD - Free Report) by 28.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,115 shares of the fast-food giant's stock after selling 4,463 shares during the quarter. Pinnacle Wealth Planning Services Inc.'s holdings in McDonald's were worth $2,567,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of MCD. Ascentis Wealth Management LLC raised its position in McDonald's by 4,008.8% during the second quarter. Ascentis Wealth Management LLC now owns 84,230 shares of the fast-food giant's stock valued at $22,768,000 after purchasing an additional 82,180 shares during the period. Ridgewood Investments LLC bought a new position in shares of McDonald's in the third quarter worth about $1,026,000. Borer Denton & Associates Inc. grew its stake in McDonald's by 16.9% in the 2nd quarter. Borer Denton & Associates Inc. now owns 13,859 shares of the fast-food giant's stock worth $3,746,000 after acquiring an additional 2,000 shares in the last quarter. HighTower Advisors LLC grew its stake in McDonald's by 7.1% in the second quarter. HighTower Advisors LLC now owns 1,471,725 shares of the fast-food giant's stock worth $397,822,000 after purchasing an additional 97,060 shares in the last quarter. Finally, Viking Fund Management LLC increased its stake in shares of McDonald's by 60.0% during the third quarter. Viking Fund Management LLC now owns 40,000 shares of the fast-food giant's stock valued at $9,238,000 after buying an additional 15,000 shares during the period. 70.29% of the stock is owned by hedge funds and other institutional investors.

McDonald's Price Performance

Shares of NYSE MCD opened at $250.54 on Thursday. The stock has a market capitalization of $177.30 billion, a P/E ratio of 20.35, a price-to-earnings-growth 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. The business has a fifty day moving average price of $248.68 and a 200 day moving average price of $283.93.

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 the consensus estimate of $3.32 by $0.06. The company had revenue of $7.10 billion for the quarter, compared to analyst estimates of $7.13 billion. McDonald's had a negative return on equity of 572.06% and a net margin of 31.72%. The firm's quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.19 earnings per share. As a group, equities research analysts anticipate 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. Stockholders of record on Tuesday, December 1st will be issued a $1.93 dividend. The ex-dividend date is Tuesday, December 1st. This represents a $7.72 dividend on an annualized basis and a dividend yield of 3.1%. This is an increase from McDonald's's previous quarterly dividend of $1.86. McDonald's's dividend payout ratio (DPR) is 60.44%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on MCD shares. Melius Research dropped their target price on shares of McDonald's from $250.00 to $230.00 and set a "sell" rating on the stock in a report on Monday, September 28th. Morgan Stanley lowered their price target on shares of McDonald's from $308.00 to $297.00 and set an "equal weight" rating for the company in a research report on Monday, September 28th. Loop Capital lowered their price target on shares of McDonald's from $301.00 to $273.00 and set a "hold" rating for the company in a research report on Wednesday, August 5th. HC Wainwright set a $250.00 price objective on shares of McDonald's in a research note on Friday, September 25th. Finally, TD Cowen cut their price objective on shares of McDonald's from $282.00 to $270.00 and set a "hold" rating on the stock in a report on Thursday, September 24th. One research 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 company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $295.64.

McDonald's News Summary

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 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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