Truist Financial Corp Has $128.36 Million Stock Holdings in McDonald's Corporation $MCD

Key Points

• Truist Financial trimmed its stake in McDonald's by 1.2% to 419,993 shares, worth about $128.36 million, and institutional investors collectively own roughly 70.29% of the stock.
• Insiders have been net sellers: CEO Christopher Kempczinski and EVP Jonathan Banner sold large blocks recently, with insiders offloading 71,990 shares valued at about $23.8 million in the last 90 days, leaving insiders with just 0.26% ownership.
• Recent results and sentiment: McDonald's beat the quarter (EPS $3.12 vs. $3.05; revenue $7.01B, +9.7% YoY), pays a $1.86 quarterly dividend ($7.44 annualized, 2.6% yield), and holds a MarketBeat consensus rating of "Hold" with a ~$340.93 price target.

Truist Financial Corp trimmed its position in shares of McDonald's Corporation (NYSE:MCD - Free Report) by 1.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 419,993 shares of the fast-food giant's stock after selling 5,192 shares during the quarter. Truist Financial Corp owned approximately 0.06% of McDonald's worth $128,363,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Evergreen Private Wealth LLC boosted its stake in shares of McDonald's by 162.5% during the third quarter. Evergreen Private Wealth LLC now owns 84 shares of the fast-food giant's stock valued at $26,000 after purchasing an additional 52 shares in the last quarter. Your Advocates Ltd. LLP bought a new stake in McDonald's in the fourth quarter valued at approximately $27,000. Park Place Capital Corp boosted its holdings in McDonald's by 95.7% in the fourth quarter. Park Place Capital Corp now owns 92 shares of the fast-food giant's stock valued at $28,000 after acquiring an additional 45 shares during the last quarter. DecisionPoint Financial LLC boosted its holdings in McDonald's by 1,616.7% in the fourth quarter. DecisionPoint Financial LLC now owns 103 shares of the fast-food giant's stock valued at $31,000 after acquiring an additional 97 shares during the last quarter. Finally, Painted Porch Advisors LLC boosted its holdings in McDonald's by 735.7% in the third quarter. Painted Porch Advisors LLC now owns 117 shares of the fast-food giant's stock valued at $36,000 after acquiring an additional 103 shares during the last quarter. 70.29% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other McDonald's news, CEO Christopher J. Kempczinski sold 26,277 shares of the business's stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $331.35, for a total value of $8,706,883.95. Following the transaction, the chief executive officer directly owned 22,900 shares of the company's stock, valued at approximately $7,587,915. The trade was a 53.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Jonathan Banner sold 6,201 shares of the business's stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $333.29, for a total value of $2,066,731.29. Following the completion of the transaction, the executive vice president directly owned 2,291 shares in the company, valued at approximately $763,567.39. This trade represents a 73.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 71,990 shares of company stock valued at $23,824,113 in the last ninety days. 0.26% of the stock is owned by corporate insiders.

McDonald's Stock Performance

Shares of MCD opened at $286.83 on Monday. McDonald's Corporation has a 52-week low of $283.47 and a 52-week high of $341.75. The business's 50 day moving average price is $314.29 and its two-hundred day moving average price is $311.86. The firm has a market cap of $203.89 billion, a PE ratio of 24.00, a price-to-earnings-growth ratio of 2.65 and a beta of 0.43.

McDonald's (NYSE:MCD - Get Free Report) last issued its quarterly earnings results on Wednesday, February 11th. The fast-food giant reported $3.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.05 by $0.07. McDonald's had a negative return on equity of 343.90% and a net margin of 31.85%.The firm had revenue of $7.01 billion for the quarter, compared to analyst estimates of $6.81 billion. During the same period in the previous year, the firm earned $2.83 earnings per share. The company's revenue was up 9.7% compared to the same quarter last year. Research analysts predict that McDonald's Corporation will post 13.2 EPS for the current fiscal year.

McDonald's Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd were paid a $1.86 dividend. The ex-dividend date of this dividend was Tuesday, March 3rd. This represents a $7.44 annualized dividend and a yield of 2.6%. McDonald's's payout ratio is 62.26%.

McDonald's News Summary

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

• Positive Sentiment: McDonald’s rolled out an all‑purple “Grimace” menu and relaunched the viral Grimace milkshake — a pop‑culture promotion expected to drive short‑term foot traffic and social‑media buzz, which can lift same‑store sales and AUVs. McDonald’s unveils purple Grimace menu featuring viral milkshake comeback
• Positive Sentiment: McDonald’s is pushing a new lineup of six hand‑crafted drinks (boba, “dirty” sodas and themed accessories). Management’s beverage push targets a high‑margin category and supports the broader thesis that drinks can be a multi‑billion growth engine for the chain. McDonald’s drops 6 new drinks with unusual accessories
• Neutral Sentiment: Local expansion news — a new McDonald’s site planned in Rockford — signals steady franchise development but is unlikely to move the stock materially on its own. New McDonald’s to be built on W. Riverside in Rockford
• Negative Sentiment: A widely circulated idea of a $20 “unlimited fries” subscription was fact‑checked and found to be inaccurate — removing a potential recurring‑revenue catalyst investors may have hoped for. Fact check: Is McDonald’s launching $20 subscription with unlimited fries?
• Negative Sentiment: The Street reports McDonald’s is adjusting menu “protein hacks” as beef prices rise — higher commodity costs pose a margin risk even as the company seeks menu workarounds. McDonald’s reveals protein hacks as beef prices rise
• Negative Sentiment: Erste Group trimmed its FY2027 EPS estimate and downgraded MCD to a “Hold,” a mild analyst headwind that can weigh on sentiment. McDonald's NYSE: MCD Cut to "Hold" at Erste Group Bank

Analysts Set New Price Targets

Several analysts recently commented on the company. Oppenheimer upgraded McDonald's from a "market perform" rating to an "outperform" rating and set a $355.00 target price on the stock in a report on Tuesday, January 6th. Rothschild & Co Redburn upgraded McDonald's from a "sell" rating to a "neutral" rating and upped their target price for the company from $260.00 to $306.00 in a report on Thursday, April 23rd. Barclays upped their target price on McDonald's from $372.00 to $380.00 and gave the company an "overweight" rating in a report on Thursday, February 12th. Argus upgraded McDonald's from a "hold" rating to a "buy" rating and set a $380.00 target price on the stock in a report on Friday, February 13th. Finally, Wells Fargo & Company upped their target price on McDonald's from $345.00 to $355.00 and gave the company an "overweight" rating in a report on Thursday, February 12th. Sixteen investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $340.93.

About McDonald's

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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