McDonald's (NYSE:MCD) Stock Unloaded Rep. George Whitesides

Representative George Whitesides (D-California) recently sold shares of McDonald's Co. NYSE: MCD. In a filing disclosed on April 23rd, the Representative disclosed that they had sold between $100,001 and $250,000 in McDonald's stock on March 24th. The trade occurred in the Representative's "GEORGE WHITESIDES INDIVIDUAL" account.

Representative George Whitesides also recently made the following trade(s):

• Sold $100,001 - $250,000 in shares of Netflix NASDAQ: NFLX on 3/27/2025.
• Sold $250,001 - $500,000 in shares of Innoviva NASDAQ: INVA on 3/25/2025.
• Sold $50,001 - $100,000 in shares of Union Pacific NYSE: UNP on 3/24/2025.
• Sold $100,001 - $250,000 in shares of Linde NASDAQ: LIN on 3/24/2025.
• Sold $100,001 - $250,000 in shares of Procter & Gamble NYSE: PG on 3/24/2025.
• Sold $1,001 - $15,000 in shares of Sandoz Group OTCMKTS: SDZNY on 3/24/2025.
• Sold $15,001 - $50,000 in shares of American Electric Power NASDAQ: AEP on 3/24/2025.
• Sold $50,001 - $100,000 in shares of Medtronic NYSE: MDT on 3/24/2025.
• Sold $15,001 - $50,000 in shares of Bank of America NYSE: BAC on 3/24/2025.
• Sold $15,001 - $50,000 in shares of Diageo NYSE: DEO on 3/24/2025.

McDonald's Price Performance

McDonald's stock traded down $2.20 during trading hours on Tuesday, hitting $314.61. The stock had a trading volume of 3,163,030 shares, compared to its average volume of 3,569,259. The stock has a market capitalization of $224.97 billion, a price-to-earnings ratio of 27.62, a PEG ratio of 3.10 and a beta of 0.62. McDonald's Co. has a 1-year low of $243.53 and a 1-year high of $326.32. The stock's fifty day moving average is $308.71 and its two-hundred day moving average is $299.93.

McDonald's (NYSE:MCD - Get Free Report) last issued its quarterly earnings data on Monday, February 10th. The fast-food giant reported $2.83 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.83. McDonald's had a negative return on equity of 181.63% and a net margin of 31.73%. As a group, sell-side analysts anticipate that McDonald's Co. will post 12.25 EPS for the current year.

McDonald's Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were issued a $1.77 dividend. This represents a $7.08 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend was Monday, March 3rd. McDonald's's dividend payout ratio (DPR) is 62.16%.

Insider Buying and Selling at McDonald's

In related news, EVP Tiffanie L. Boyd sold 1,000 shares of the company's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $309.27, for a total value of $309,270.00. Following the completion of the transaction, the executive vice president now directly owns 5,564 shares in the company, valued at approximately $1,720,778.28. This represents a 15.23 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Joseph M. Erlinger sold 939 shares of the company's stock in a transaction on Wednesday, April 23rd. The shares were sold at an average price of $318.50, for a total value of $299,071.50. Following the completion of the transaction, the insider now owns 12,100 shares of the company's stock, valued at $3,853,850. The trade was a 7.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 28,136 shares of company stock worth $8,676,247 over the last ninety days. Company insiders own 0.25% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Bank of America boosted their target price on shares of McDonald's from $312.00 to $316.00 and gave the company a "neutral" rating in a report on Tuesday, February 11th. Barclays lowered their price objective on McDonald's from $350.00 to $347.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Robert W. Baird lowered their price objective on McDonald's from $310.00 to $300.00 and set a "neutral" rating for the company in a report on Monday, April 7th. Loop Capital reissued a "buy" rating and issued a $342.00 price objective on shares of McDonald's in a report on Friday, January 3rd. Finally, Truist Financial lowered their price objective on McDonald's from $342.00 to $340.00 and set a "buy" rating for the company in a report on Tuesday, February 11th. Ten research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $322.74.

Hedge Funds Weigh In On McDonald's

A number of hedge funds have recently modified their holdings of the stock. Granite Bay Wealth Management LLC boosted its holdings in McDonald's by 3.5% in the first quarter. Granite Bay Wealth Management LLC now owns 988 shares of the fast-food giant's stock worth $309,000 after purchasing an additional 33 shares in the last quarter. CVA Family Office LLC boosted its holdings in McDonald's by 1.9% during the first quarter. CVA Family Office LLC now owns 1,793 shares of the fast-food giant's stock valued at $560,000 after acquiring an additional 33 shares during the period. Consilium Wealth Advisory LLC boosted its holdings in McDonald's by 2.5% during the first quarter. Consilium Wealth Advisory LLC now owns 1,334 shares of the fast-food giant's stock valued at $417,000 after acquiring an additional 33 shares during the period. Northeast Financial Consultants Inc boosted its holdings in McDonald's by 0.5% during the fourth quarter. Northeast Financial Consultants Inc now owns 7,486 shares of the fast-food giant's stock valued at $2,170,000 after acquiring an additional 34 shares during the period. Finally, Tealwood Asset Management Inc. boosted its holdings in McDonald's by 0.4% during the first quarter. Tealwood Asset Management Inc. now owns 8,117 shares of the fast-food giant's stock valued at $2,535,000 after acquiring an additional 34 shares during the period. 70.29% of the stock is owned by institutional investors and hedge funds.

About Representative Whitesides

George Whitesides (Democratic Party) is a member of the U.S. House, representing California's 27th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Whitesides (Democratic Party) ran for election to the U.S. House to represent California's 27th Congressional District. He won in the general election on November 5, 2024. George Whitesides earned a bachelor's degree in public and international affairs from Princeton University in 1996 and a master's degree in remote sensing and GIS from the University of Cambridge in 2000. His career experience includes working as the chief of staff for NASA during the administration of President Barack Obama (D) and the CEO of human spaceflight company Virgin Galactic. Whitesides co-founded Megafire Action, an organization dedicated to responding to wildfires. Whitesides co-chaired the Antelope Valley Covid-19 Task Force and joined the Antelope Valley Economic Development and Growth Enterprise (AV EDGE) as a board member.

About McDonald's

McDonald's Corp. engages in the operation and franchising of restaurants. It operates through the following segments: U.S., International Operated Markets, and International Developmental Licensed Markets and Corporate. The U.S. segment focuses its operations on the United States. The International Operated Markets segment consists of operations and the franchising of restaurants in Australia, Canada, France, Germany, Italy, the Netherlands, Spain, and the U.K.