McDonald's (NYSE:MCD) Shares Sold Off Rep. Richard McCormick

Key Points

• Rep. Richard McCormick sold $1,001–$15,000 of McDonald’s shares on July 30 from his Roth IRA, alongside similarly sized sales in 10 other companies.
• McDonald’s shares opened at $265.43, down 2.7%, and remain near their 52-week low. The company’s latest quarter beat EPS expectations with $3.38 per share, while revenue rose 3.7% year over year but fell slightly short of forecasts.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $325.44, and McDonald’s declared a quarterly dividend of $1.86 per share, representing a 2.8% yield.

Representative Richard McCormick (Republican-Georgia) recently sold shares of McDonald's Corporation NYSE: MCD. In a filing disclosed on August 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in McDonald's stock on July 30th. The trade occurred in the Representative's "GROWTH PARTNERS ROTH IRA" account.

Representative Richard McCormick also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Medtronic NYSE: MDT on 7/30/2026.
• Sold $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 7/30/2026.
• Sold $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 7/30/2026.
• Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 7/30/2026.
• Sold $1,001 - $15,000 in shares of L3Harris Technologies NYSE: LHX on 7/30/2026.
• Sold $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 7/30/2026.
• Sold $1,001 - $15,000 in shares of Intercontinental Exchange NYSE: ICE on 7/30/2026.
• Sold $1,001 - $15,000 in shares of Illinois Tool Works NYSE: ITW on 7/30/2026.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 7/30/2026.
• Sold $1,001 - $15,000 in shares of Emerson Electric NYSE: EMR on 7/30/2026.

McDonald's Stock Down 2.7%

Shares of MCD stock opened at $265.43 on Tuesday. The firm has a 50 day moving average of $273.56 and a two-hundred day moving average of $294.81. The stock has a market capitalization of $187.83 billion, a PE ratio of 21.56, a P/E/G ratio of 3.05 and a beta of 0.41. McDonald's Corporation has a 52 week low of $260.96 and a 52 week high of $341.75.

McDonald's (NYSE:MCD - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share for the quarter, topping analysts' consensus estimates of $3.32 by $0.06. The business had revenue of $7.10 billion for the quarter, compared to analyst estimates of $7.13 billion. McDonald's had a negative return on equity of 572.06% and a net margin of 31.72%.The company's revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.19 earnings per share. Analysts expect that McDonald's Corporation will post 12.88 EPS for the current fiscal year.

McDonald's Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Tuesday, September 1st will be given a $1.86 dividend. This represents a $7.44 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 1st. McDonald's's dividend payout ratio (DPR) is currently 60.44%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on MCD shares. Evercore set a $320.00 price objective on McDonald's in a research note on Thursday, July 23rd. Tigress Financial lifted their price target on McDonald's from $385.00 to $390.00 and gave the stock a "buy" rating in a report on Friday, July 17th. BTIG Research reiterated a "buy" rating and issued a $350.00 price objective on shares of McDonald's in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft boosted their target price on McDonald's from $335.00 to $345.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Finally, Citigroup increased their price target on shares of McDonald's from $335.00 to $345.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $325.44.

Insider Buying and Selling at McDonald's

In related news, insider Joseph M. Erlinger sold 5,252 shares of the business's stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the sale, the insider owned 7,734 shares of the company's stock, valued at approximately $2,198,930.88. The trade was a 40.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of the stock in a transaction dated Thursday, May 28th. The shares were 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 directly owned 6,268 shares of the company's stock, valued at approximately $1,744,760.48. This trade represents a 30.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,348 shares of company stock valued at $2,355,634 in the last quarter. 0.26% of the stock is currently owned by company insiders.

Key Stories Impacting McDonald's

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

• Positive Sentiment: McDonald’s is taking direct aim at Starbucks with a menu strategy focused on afternoon traffic. Expanded beverage and snack offerings could help the company capture additional dayparts and improve sales momentum. McDonald's Takes Direct Aim at Starbucks
• Positive Sentiment: New limited-time fall drinks and other menu items, along with the Hello Kitty and Godzilla Happy Meal promotion, could support customer visits and boost seasonal sales. McDonald's Has 4 New Limited-Time Menu Items
• Positive Sentiment: An app that helps restaurants fill open shifts has reportedly reduced the cost of missed shifts at one McDonald’s location. If scalable, better staffing could improve service consistency, labor efficiency, and restaurant-level profitability. Missed shifts were costly to this McDonald's
• Positive Sentiment: A bullish analyst cited a consensus price target substantially above the current trading level, arguing that MCD could offer significant upside after its recent decline. This is supportive sentiment, though targets remain estimates rather than catalysts. McDonald's Keeps Cratering
• Neutral Sentiment: Xbox-related in-game rewards and other international or promotional menu stories increase brand engagement but are unlikely to materially change near-term earnings expectations. Xbox 25th Anniversary McDonald's Rewards
• Neutral Sentiment: One valuation review described MCD as roughly fairly valued on a discounted-cash-flow basis, while market multiples suggested modest undervaluation. The assessment offers some downside support but acknowledges weaker recent U.S. sales growth. McDonald's Stock Looks Fairly Valued
• Negative Sentiment: Commentary on McDonald’s latest earnings characterized the results and execution as underwhelming, reinforcing concerns about soft same-store sales and the effectiveness of recent initiatives. Jim Cramer Breaks Down McDonald's Earnings
• Negative Sentiment: Former Taco Bell executive Greg Creed criticized McDonald’s Red Bull beverage strategy, raising questions about product-market fit and whether the new drinks will meaningfully improve afternoon demand. Taco Bell's Former Boss Criticizes McDonald's Red Bull Drink

Hedge Funds Weigh In On McDonald's

Institutional investors have recently added to or reduced their stakes in the stock. Your Advocates Ltd. LLP purchased a new position in McDonald's in the 4th quarter valued at $27,000. IFC & Insurance Marketing Inc. purchased a new position in McDonald's during the 4th quarter worth $29,000. Abound Financial LLC acquired a new stake in shares of McDonald's in the 4th quarter worth $30,000. Purpose Unlimited Inc. purchased a new stake in shares of McDonald's in the fourth quarter valued at about $31,000. Finally, DecisionPoint Financial LLC boosted 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 valued at $31,000 after purchasing an additional 97 shares in the last quarter. Institutional investors and hedge funds own 70.29% of the company's stock.

About Representative McCormick

Rich McCormick (Republican Party) is a member of the U.S. House, representing Georgia's 7th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. McCormick (Republican Party) is running for re-election to the U.S. House to represent Georgia's 7th Congressional District. He declared candidacy for the 2026 election. Rich McCormick lives in Suwanee, Georgia. McCormick served in the U.S. Marine Corps and the U.S. Navy. He earned an M.B.A. from National University and an M.D. from Morehouse School of Medicine. McCormick's career experience includes working as an emergency medicine physician with Gwinnett Medical Center and Northside Hospital, a Marine officer instructor with Georgia Tech and Morehouse College, and a pilot.

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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