Rep. Jefferson Shreve Sells Off Shares of McDonald's Corporation (NYSE:MCD)

Representative Jefferson Shreve (R-Indiana) recently sold shares of McDonald's Corporation NYSE: MCD. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in McDonald's stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

McDonald's Trading Up 1.3%

Shares of NYSE MCD traded up $3.77 during midday trading on Friday, reaching $298.25. 3,400,107 shares of the stock were exchanged, compared to its average volume of 3,481,643. The company has a market capitalization of $213.26 billion, a P/E ratio of 26.32, a P/E/G ratio of 3.12 and a beta of 0.53. McDonald's Corporation has a 52-week low of $250.23 and a 52-week high of $326.32. The stock has a 50 day moving average price of $301.00 and a 200-day moving average price of $303.13.

McDonald's (NYSE:MCD - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The fast-food giant reported $2.67 EPS for the quarter, hitting analysts' consensus estimates of $2.67. The business had revenue of $5.96 billion during the quarter, compared to the consensus estimate of $6.17 billion. McDonald's had a net margin of 31.75% and a negative return on equity of 195.27%. The company's quarterly revenue was down 3.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.70 earnings per share. On average, analysts forecast that McDonald's Corporation will post 12.25 earnings per share for the current year.

McDonald's Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be paid a dividend of $1.77 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $7.08 annualized dividend and a dividend yield of 2.37%. McDonald's's dividend payout ratio is currently 62.49%.

Analyst Ratings Changes

MCD has been the topic of several research analyst reports. Northcoast Research cut shares of McDonald's from a "buy" rating to a "neutral" rating in a research report on Tuesday, May 6th. Piper Sandler raised their target price on shares of McDonald's from $292.00 to $314.00 and gave the stock a "neutral" rating in a research report on Friday, May 2nd. KeyCorp decreased their target price on shares of McDonald's from $340.00 to $325.00 and set an "overweight" rating on the stock in a research report on Monday, June 30th. Erste Group Bank cut shares of McDonald's from a "strong-buy" rating to a "hold" rating in a research report on Saturday, May 24th. Finally, Barclays raised their target price on shares of McDonald's from $347.00 to $355.00 and gave the stock an "overweight" rating in a research report on Friday, May 2nd. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat.com, McDonald's presently has an average rating of "Hold" and a consensus target price of $322.00.

Institutional Investors Weigh In On McDonald's

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Concord Asset Management LLC VA lifted its holdings in McDonald's by 17.9% in the 2nd quarter. Concord Asset Management LLC VA now owns 7,310 shares of the fast-food giant's stock valued at $2,136,000 after acquiring an additional 1,111 shares during the last quarter. Total Clarity Wealth Management Inc. increased its holdings in McDonald's by 5.4% in the second quarter. Total Clarity Wealth Management Inc. now owns 2,223 shares of the fast-food giant's stock worth $650,000 after buying an additional 113 shares during the last quarter. MGO One Seven LLC increased its holdings in McDonald's by 5.0% in the second quarter. MGO One Seven LLC now owns 18,610 shares of the fast-food giant's stock worth $5,437,000 after buying an additional 879 shares during the last quarter. Welch Group LLC boosted its position in McDonald's by 1.1% during the second quarter. Welch Group LLC now owns 206,004 shares of the fast-food giant's stock worth $60,188,000 after purchasing an additional 2,180 shares during the period. Finally, Stephens Consulting LLC boosted its position in shares of McDonald's by 9.2% in the second quarter. Stephens Consulting LLC now owns 499 shares of the fast-food giant's stock valued at $146,000 after acquiring an additional 42 shares during the period. 70.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at McDonald's

In other news, CMO Edith Morgan Flatley sold 1,000 shares of the firm's stock in a transaction on Thursday, July 10th. The stock was sold at an average price of $300.00, for a total value of $300,000.00. Following the completion of the sale, the chief marketing officer directly owned 8,858 shares in the company, valued at approximately $2,657,400. This trade represents a 10.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Joseph M. Erlinger sold 939 shares of the firm's stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $299.49, for a total value of $281,221.11. Following the completion of the sale, the insider owned 9,283 shares of the company's stock, valued at approximately $2,780,165.67. This trade represents a 9.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,817 shares of company stock valued at $1,147,992 over the last quarter. Corporate insiders own 0.25% of the company's stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

McDonald's Company Profile

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.