TD Asset Management Inc Grows Stake in McDonald's Corporation $MCD

Key Points

• TD Asset Management increased its McDonald's stake by 9.1% in the fourth quarter, ending with 1.39 million shares valued at about $426.3 million.
• McDonald's recently reported better-than-expected quarterly results, with EPS of $2.83 versus $2.74 expected and revenue of $6.52 billion, up 9.4% year over year.
• The stock is trading near its 12-month low at $273.50, while the company also announced a quarterly dividend of $1.86 per share payable June 16, yielding about 2.7% annually.

TD Asset Management Inc grew its holdings in McDonald's Corporation (NYSE:MCD - Free Report) by 9.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,394,897 shares of the fast-food giant's stock after buying an additional 116,004 shares during the quarter. TD Asset Management Inc owned approximately 0.20% of McDonald's worth $426,322,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Your Advocates Ltd. LLP purchased a new stake in McDonald's in the 4th quarter worth approximately $27,000. Park Place Capital Corp lifted its holdings in McDonald's by 95.7% in the 4th quarter. Park Place Capital Corp now owns 92 shares of the fast-food giant's stock worth $28,000 after buying an additional 45 shares during the period. DecisionPoint Financial LLC lifted its holdings in McDonald's by 1,616.7% in the 4th quarter. DecisionPoint Financial LLC now owns 103 shares of the fast-food giant's stock worth $31,000 after buying an additional 97 shares during the period. Entrust Financial LLC purchased a new stake in McDonald's in the 4th quarter worth approximately $31,000. Finally, Painted Porch Advisors LLC lifted its holdings in McDonald's by 735.7% in the 3rd quarter. Painted Porch Advisors LLC now owns 117 shares of the fast-food giant's stock worth $36,000 after buying an additional 103 shares during the period. Hedge funds and other institutional investors own 70.29% of the company's stock.

Insider Buying and Selling

In related news, EVP Desiree Ralls-Morrison sold 2,763 shares of the firm's stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $278.36, for a total transaction of $769,108.68. Following the completion of the transaction, the executive vice president owned 6,268 shares of the company's stock, valued at $1,744,760.48. This trade represents a 30.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Joseph M. Erlinger sold 2,626 shares of the firm's stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of $307.00, for a total value of $806,182.00. Following the transaction, the insider directly owned 8,400 shares of the company's stock, valued at approximately $2,578,800. This trade represents a 23.82% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 8,681 shares of company stock valued at $2,631,594. 0.26% of the stock is owned by corporate insiders.

McDonald's Stock Down 1.0%

MCD stock opened at $273.50 on Thursday. McDonald's Corporation has a twelve month low of $271.98 and a twelve month high of $341.75. The firm has a market cap of $194.33 billion, a PE ratio of 22.55, a price-to-earnings-growth ratio of 2.75 and a beta of 0.41. The business has a 50 day moving average of $293.31 and a 200 day moving average of $307.97.

McDonald's (NYSE:MCD - Get Free Report) last posted its quarterly earnings data 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 negative return on equity of 442.10% and a net margin of 31.62%.The company had revenue of $6.52 billion during the quarter, compared to analyst estimates of $6.47 billion. During the same quarter last year, the company earned $2.67 EPS. The firm's revenue for the quarter was up 9.4% on a year-over-year basis. On average, research analysts expect that McDonald's Corporation will post 12.93 earnings per share for the current fiscal year.

McDonald's Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd will be given a dividend of $1.86 per share. This represents a $7.44 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, June 2nd. McDonald's's dividend payout ratio (DPR) is 61.34%.

Wall Street Analyst Weigh In

Several research firms have weighed in on MCD. Morgan Stanley set a $331.00 price objective on McDonald's in a report on Friday, May 8th. Weiss Ratings cut McDonald's from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, May 29th. BTIG Research restated a "buy" rating and issued a $370.00 target price on shares of McDonald's in a research note on Thursday, May 7th. Erste Group Bank cut McDonald's from a "buy" rating to a "hold" rating in a research note on Monday, April 27th. Finally, Argus upgraded McDonald's from a "hold" rating to a "buy" rating and set a $380.00 target price for the company in a research note on Friday, February 13th. Sixteen analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, McDonald's presently has an average rating of "Hold" and a consensus target price of $334.45.

Trending Headlines about McDonald's

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

• Positive Sentiment: McDonald’s unveiled a new global growth plan, “McDonald’s > NEXT,” centered on automation, better hospitality, and productivity improvements to support future sales growth. McDonald's unveils McDonald's Next global growth strategy 2026
• Positive Sentiment: The company also highlighted menu and restaurant upgrades, including hand-breaded chicken, refreshed interiors, and AI ordering tests, reinforcing efforts to improve customer experience and boost traffic. McDonald's 2.0: Hand-Breaded Chicken, Chic Decor and "Archy"
• Positive Sentiment: McDonald’s launched a World Cup-themed marketing push with collectible cups, toys, meals, and celebrity tie-ins, which could drive near-term sales and brand engagement. McDonald's announces collectible cups, toys for World Cup meals
• Positive Sentiment: CNBC’s Jim Cramer mentioned McDonald’s as a defensive name to own outside the AI trade, which may reinforce its appeal to investors seeking stability. Jim Cramer says look to buy these 5 stocks outside the AI trade for diversification
• Neutral Sentiment: Several articles focused on product and cultural coverage around McDonald’s items and advertising, including Filet-O-Fish differences between the U.S. and U.K. and a Japanese ad controversy; these are mostly brand-interest stories rather than clear financial catalysts.
• Neutral Sentiment: McDonald’s EVP Desiree Ralls-Morrison sold 2,763 shares, a routine insider transaction that may attract attention but is not necessarily a major fundamental signal. McDonald's NYSE: MCD EVP Desiree Ralls-Morrison Sells 2,763 Shares
• Negative Sentiment: Despite the upbeat strategy news, investors may still be focused on the fact that McDonald’s stock has been sliding from recent highs and remains below key moving averages, suggesting the market is still skeptical that the turnaround plans will quickly translate into stronger results.

McDonald's 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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