Nykredit A S Purchases Shares of 260,935 McDonald's Corporation $MCD

Key Points

• Nykredit A/S acquired 260,935 McDonald’s shares during the second quarter, valued at approximately $70.5 million. Institutional investors collectively own 70.29% of the company.
• McDonald’s reported quarterly EPS of $3.38, beating estimates of $3.32, while revenue rose 3.7% year over year to $7.10 billion but came slightly below expectations.
• The stock opened at $260.67 and pays a quarterly dividend of $1.86, equivalent to a 2.9% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $322.96, despite several recent target reductions.

Nykredit A S acquired a new position in shares of McDonald's Corporation (NYSE:MCD - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 260,935 shares of the fast-food giant's stock, valued at approximately $70,533,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. IFC & Insurance Marketing Inc. bought a new position in McDonald's during the 4th quarter valued at about $29,000. Abound Financial LLC bought a new stake in McDonald's during the fourth quarter worth about $30,000. Purpose Unlimited Inc. acquired a new stake in shares of McDonald's during the fourth quarter worth approximately $31,000. Entrust Financial LLC acquired a new stake in shares of McDonald's during the fourth quarter worth approximately $31,000. Finally, GKV Capital Management Co. Inc. bought a new position in shares of McDonald's in the first quarter valued at approximately $33,000. 70.29% of the stock is owned by institutional investors.

Key McDonald's News

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

• Positive Sentiment: McDonald’s is launching Spicy Chicken McNuggets and a Texas-themed meal, including collectible cups tied to Lone Star regions. The limited-time offerings could increase customer traffic, engagement and same-store sales. McDonald's rolls out Spicy Chicken McNuggets alongside Texas-themed meal
• Positive Sentiment: A SpongeBob and One Piece collaboration Happy Meal is scheduled to launch September 15. The tie-in may support family visits and digitally engaged younger consumers, although its financial impact is likely limited. McDonald's new Happy Meal combines SpongeBob and One Piece
• Positive Sentiment: International Operated Markets produced 1.5% comparable-sales growth in the second quarter, led by Germany, Australia and the United Kingdom. Analysts view international markets, loyalty gains and menu innovation as potential offsets to softer consumer demand in some regions. Can MCD's international markets drive growth amid consumer pressure?
• Neutral Sentiment: McDonald’s is offering free coffee throughout September in the United Kingdom, a promotion that could drive visits but may also reduce beverage margins. McDonald's giving away free coffee for whole of September
• Negative Sentiment: The discontinuation of the Pumpkin Spice Latte has triggered customer backlash, adding to concerns that menu decisions could weaken seasonal traffic and brand enthusiasm. McDonald's axes popular coffee flavor
• Negative Sentiment: Separate commentary says customers increasingly view McDonald’s as poor value, while market coverage highlights the stock’s underperformance versus the S&P 500. These concerns could pressure traffic, pricing power and investor sentiment. Customers say McDonald's isn't worth it anymore

McDonald's Stock Down 0.2%

NYSE:MCD opened at $260.67 on Thursday. McDonald's Corporation has a 12-month low of $259.85 and a 12-month high of $341.75. The stock's fifty day simple moving average is $270.06 and its 200-day simple moving average is $290.10. The firm has a market capitalization of $184.46 billion, a P/E ratio of 21.18, a P/E/G ratio of 2.82 and a beta of 0.41.

McDonald's (NYSE:MCD - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The fast-food giant reported $3.38 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 during the quarter, compared to the consensus estimate of $7.13 billion. During the same quarter in the prior year, the company posted $3.19 earnings per share. The firm's revenue was up 3.7% on a year-over-year basis. As a group, equities research analysts expect that McDonald's Corporation will post 12.87 earnings per share for the current year.

McDonald's Dividend Announcement

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

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Barclays decreased their price target on McDonald's from $380.00 to $350.00 and set an "overweight" rating on the stock in a research report on Friday, May 8th. Wells Fargo & Company cut their price objective on McDonald's from $320.00 to $300.00 and set an "overweight" rating for the company in a research report on Thursday, July 16th. Mizuho reduced their price objective on McDonald's from $300.00 to $290.00 and set a "neutral" rating on the stock in a research note on Friday, July 31st. Morgan Stanley decreased their target price on McDonald's from $322.00 to $319.00 and set an "equal weight" rating on the stock in a report on Wednesday, August 5th. Finally, TD Cowen restated a "hold" rating on shares of McDonald's in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $322.96.

Insider Activity at McDonald's

In related news, insider Joseph M. Erlinger sold 5,252 shares of the stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $284.32, for a total value of $1,493,248.64. Following the sale, the insider directly owned 7,734 shares in the company, valued at $2,198,930.88. This trade represents a 40.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.26% of the stock is currently owned by company insiders.

McDonald's Company 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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