Smith Chas P & Associates PA Cpas Has $52.93 Million Stock Position in McDonald's Corporation $MCD

Key Points

• Smith Chas P & Associates PA Cpas boosted its McDonald’s stake by 66.7% in the fourth quarter, ending with 173,179 shares valued at about $52.93 million. McDonald’s is now the fund’s 11th-largest holding and represents roughly 2.8% of its portfolio.
• McDonald’s reported better-than-expected quarterly earnings, with EPS of $2.83 versus analyst estimates of $2.74 and revenue of $6.52 billion, up 9.4% year over year. Analysts expect the company to earn 12.93 EPS for the current fiscal year.
• The company also declared a quarterly dividend of $1.86 per share, equal to an annualized yield of 2.6%. Meanwhile, one insider recently sold a small number of shares, while analysts overall maintain a Moderate Buy view with a consensus price target of $334.45.

Smith Chas P & Associates PA Cpas lifted its holdings in shares of McDonald's Corporation (NYSE:MCD - Free Report) by 66.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 173,179 shares of the fast-food giant's stock after purchasing an additional 69,311 shares during the quarter. McDonald's makes up about 2.8% of Smith Chas P & Associates PA Cpas' holdings, making the stock its 11th biggest position. Smith Chas P & Associates PA Cpas' holdings in McDonald's were worth $52,929,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of McDonald's by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 72,351,127 shares of the fast-food giant's stock worth $22,112,675,000 after purchasing an additional 703,458 shares during the last quarter. State Street Corp increased its stake in shares of McDonald's by 0.6% during the 3rd quarter. State Street Corp now owns 35,024,857 shares of the fast-food giant's stock worth $10,643,704,000 after purchasing an additional 196,505 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of McDonald's by 0.4% during the 4th 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 during the last quarter. Legal & General Group Plc increased its stake in shares of McDonald's by 6.4% during the 3rd quarter. Legal & General Group Plc now owns 4,757,967 shares of the fast-food giant's stock worth $1,445,899,000 after purchasing an additional 286,284 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in McDonald's by 0.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,422,014 shares of the fast-food giant's stock valued at $1,343,501,000 after buying an additional 21,168 shares during the last quarter. Institutional investors and hedge funds own 70.29% of the company's stock.

McDonald's Trading Up 0.7%

NYSE:MCD opened at $281.09 on Thursday. McDonald's Corporation has a 1 year low of $271.98 and a 1 year high of $341.75. The firm's fifty day simple moving average is $297.03 and its 200 day simple moving average is $308.93. The firm has a market capitalization of $199.72 billion, a PE ratio of 23.17, a PEG ratio of 2.78 and a beta of 0.43.

McDonald's (NYSE:MCD - Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The fast-food giant reported $2.83 earnings per share for the quarter, beating analysts' consensus estimates of $2.74 by $0.09. McDonald's had a net margin of 31.62% and a negative return on equity of 442.10%. The firm had revenue of $6.52 billion during the quarter, compared to the consensus estimate of $6.47 billion. During the same period in the prior year, the firm earned $2.67 EPS. The business's revenue was up 9.4% on a year-over-year basis. As a group, analysts anticipate that McDonald's Corporation will post 12.93 EPS for the current fiscal year.

McDonald's Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd will be issued a $1.86 dividend. The ex-dividend date of this dividend is Tuesday, June 2nd. This represents a $7.44 dividend on an annualized basis and a yield of 2.6%. McDonald's's dividend payout ratio is 61.34%.

Insiders Place Their Bets

In other McDonald's news, insider Joseph M. Erlinger sold 333 shares of the stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $280.11, for a total value of $93,276.63. Following the completion of the sale, the insider directly owned 7,734 shares of the company's stock, valued at $2,166,370.74. This represents a 4.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders have sold 5,918 shares of company stock valued at $1,862,485. 0.26% of the stock is owned by corporate insiders.

McDonald's News Summary

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

• Positive Sentiment: McDonald’s is rolling out fresh promotional items, including a 2026 FIFA World Cup Happy Meal and Squishmallows tie-in, plus regional beverage offerings like refreshers and dirty sodas, which could help drive traffic and keep the brand top of mind for families and younger consumers. Article Title
• Positive Sentiment: Investor commentary remains constructive, with one article arguing McDonald’s still has a strong “moat,” reinforcing the view that its scale, franchise model, and brand strength can support earnings resilience. Article Title
• Positive Sentiment: The company’s expansion in Ukraine suggests continued international growth, which can be a long-term support for revenue even in a challenging macro environment. Article Title
• Neutral Sentiment: Viral social media attention around a McDonald’s nugget “hack” may boost brand visibility, but it is unlikely to materially affect fundamentals on its own. Article Title
• Neutral Sentiment: An insider sale by Joseph M. Erlinger of 333 shares is small relative to his remaining stake and does not appear to signal a major shift in outlook, though investors may note it. Article Title
• Negative Sentiment: McDonald’s said it cannot meet its 2030 emissions targets and also fell short on a packaging goal, which could create ESG-related pressure and weigh on sentiment for some investors. Article Title

Analysts Set New Price Targets

A number of research firms recently issued reports on MCD. Rothschild & Co Redburn upgraded shares of McDonald's from a "sell" rating to a "neutral" rating and raised their target price for the company from $260.00 to $306.00 in a research note on Thursday, April 23rd. Mizuho raised their target price on shares of McDonald's from $300.00 to $325.00 and gave the company a "neutral" rating in a research note on Friday, February 6th. Sanford C. Bernstein reiterated a "market perform" rating and issued a $340.00 target price on shares of McDonald's in a research note on Thursday, February 12th. Morgan Stanley set a $331.00 target price on shares of McDonald's in a research note on Friday, May 8th. Finally, Robert W. Baird set a $305.00 target price on shares of McDonald's in a research note on Thursday, May 7th. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $334.45.

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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