Secure Asset Management LLC Buys 6,211 Shares of McDonald's Corporation $MCD

Key Points

• Secure Asset Management increased its McDonald’s stake by 37.9% in the third quarter, buying 6,211 shares to hold 22,590 shares valued at approximately $5.2 million. Institutional investors collectively own 70.29% of the company.
• Analysts maintain a generally positive outlook, with McDonald’s receiving a “Moderate Buy” consensus rating and an average price target of $295.94, despite several firms recently lowering their targets.
• McDonald’s reported quarterly EPS of $3.38, beating estimates, and raised its quarterly dividend to $1.93 per share, equivalent to a 3.2% annual yield.

Secure Asset Management LLC lifted its stake in McDonald's Corporation (NYSE:MCD - Free Report) by 37.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 22,590 shares of the fast-food giant's stock after purchasing an additional 6,211 shares during the quarter. Secure Asset Management LLC's holdings in McDonald's were worth $5,217,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Purpose Unlimited Inc. acquired a new position in McDonald's during the fourth quarter worth $31,000. GKV Capital Management Co. Inc. purchased a new stake in McDonald's in the 1st quarter valued at $33,000. Merkkuri Wealth Advisors LLC acquired a new stake in shares of McDonald's in the 1st quarter worth $43,000. Burkett Financial Services LLC increased its stake in shares of 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 acquiring an additional 185 shares during the last quarter. Finally, POM Investment Strategies LLC increased its stake in shares of 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 acquiring an additional 55 shares during the last quarter. Hedge funds and other institutional investors own 70.29% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on MCD. HC Wainwright set a $250.00 price target on McDonald's in a report on Friday, September 25th. Freedom Capital raised shares of McDonald's from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 5th. HSBC dropped their price objective on shares of McDonald's from $357.00 to $356.00 and set a "buy" rating for the company in a report on Wednesday, August 5th. Morgan Stanley cut their price objective 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. Finally, Guggenheim cut their price objective on shares of McDonald's from $290.00 to $250.00 and set a "neutral" rating for the company in a research report on Monday, October 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, McDonald's currently has an average rating of "Moderate Buy" and an average price target of $295.94.

McDonald's Stock Performance

MCD opened at $242.60 on Tuesday. The stock has a market capitalization of $171.68 billion, a PE ratio of 19.71, a P/E/G ratio of 2.72 and a beta of 0.44. McDonald's Corporation has a one year low of $229.20 and a one year high of $341.75. The business's 50 day moving average price is $251.44 and its 200 day moving average price is $271.35.

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, topping the consensus estimate of $3.32 by $0.06. The company 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 firm's quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the firm earned $3.19 earnings per share. As a group, equities research analysts forecast that McDonald's Corporation will post 12.84 earnings per share for the current fiscal year.

McDonald's Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be paid a $1.93 dividend. This is a boost 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 dividend yield of 3.2%. McDonald's's dividend payout ratio is currently 60.44%.

Key Headlines Impacting McDonald's

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

• Positive Sentiment: UBS said McDonald’s NEXT growth plan and renewed value push could outweigh near-term U.S. weakness, positioning the company to gain global market share in 2027. This supports the long-term growth case for MCD. McDonald’s NEXT Plan, Value Push Seen Outweighing Near-Term US Weakness, UBS Says
• Positive Sentiment: A new McDonald’s restaurant opened in West Michigan, providing a modest indication of ongoing unit expansion and local sales opportunities. West Michigan town welcomes new McDonald’s restaurant
• Neutral Sentiment: McDonald’s is promoting new chicken products and a Disney Villains Halloween Boo Buckets campaign. These launches may support traffic and engagement, although the articles provide no evidence of a material earnings impact. McDonald’s new chicken product McDonald’s Boo Buckets return
• Neutral Sentiment: Recent investment commentary is divided, with some analysts calling McDonald’s an overlooked opportunity while others advise avoiding the stock. This highlights uncertainty rather than a clear change in fundamentals. McDonald’s: An Underrated Opportunity Hiding in Plain Sight
• Negative Sentiment: Morgan Stanley flagged a potential pricing-power problem as lower-income customers pull back. If McDonald’s must rely more heavily on discounts, margins and sales growth could come under pressure. McDonald’s appears to have a pricing-power problem
• Negative Sentiment: Reports describe lawsuits and scrutiny involving McDonald’s and Deloitte over an alleged AI-driven menu-pricing scheme. Even if unproven, the allegations create reputational, legal and regulatory risks for MCD. McDonald’s, Deloitte Under Fire Over Alleged Menu Pricing Scheme

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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