Dimensional Fund Advisors LP Buys 76,265 Shares of McDonald’s Corporation $MCD

Dimensional Fund Advisors LP grew its stake in shares of McDonald’s Corporation (NYSE:MCD) by 4.3% in the third quarter, Holdings Channel reports. The institutional investor owned 1,860,268 shares of the fast-food giant’s stock after purchasing an additional 76,265 shares during the period. Dimensional Fund Advisors LP’s holdings in McDonald’s were worth $565,306,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Norges Bank bought a new stake in shares of McDonald’s in the 2nd quarter worth approximately $2,780,712,000. Laurel Wealth Advisors LLC raised its stake in shares of McDonald’s by 29,382.3% in the second quarter. Laurel Wealth Advisors LLC now owns 5,737,548 shares of the fast-food giant’s stock valued at $1,676,339,000 after purchasing an additional 5,718,087 shares in the last quarter. Soundwatch Capital LLC bought a new position in McDonald’s in the second quarter worth $1,412,069,000. Viking Global Investors LP boosted its stake in McDonald’s by 171.7% during the second quarter. Viking Global Investors LP now owns 3,125,432 shares of the fast-food giant’s stock worth $913,157,000 after buying an additional 1,974,998 shares in the last quarter. Finally, Amundi increased its holdings in McDonald’s by 96.0% in the 2nd quarter. Amundi now owns 4,032,676 shares of the fast-food giant’s stock valued at $1,188,147,000 after buying an additional 1,974,751 shares during the period. Institutional investors own 70.29% of the company’s stock.

More McDonald’s News

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

• Positive Sentiment: KeyCorp raised its price target and kept an overweight rating, signaling analyst confidence and giving institutional investors a near-term upside catalyst. Read More
• Positive Sentiment: McDonald’s announced a €150m investment to open 25 restaurants across Ireland (five per year over five years), supporting international growth and unit-expansion thesis. McDonald’s to invest €150m in Ireland to open 25 new outlets
• Positive Sentiment: Marketing/promotional activity continues to drive traffic: a one-day $1 Egg McMuffin offer and an NHL collectible tie-in in Canada are examples of low-cost promotions that can boost same-store sales and customer frequency. Egg McMuffin promo NHL Star Sticks Meal
• Neutral Sentiment: The new “Big Arch” burger is generating heavy earned media and consumer trials — numerous reviews and “I tried it” stories are keeping McDonald’s top-of-mind, which can lift short-term store traffic even if reviews are mixed. Big Arch review
• Negative Sentiment: A viral video of CEO Christopher Kempczinski awkwardly sampling the Big Arch drew widespread mockery and was amplified by Burger King’s leadership — the competitive jab and PR backlash create short-term reputation risk and distract management messaging. CEO roasted by Burger King WSJ coverage
• Negative Sentiment: Some consumer write-ups call the Big Arch overpriced or not worth it, which could limit repeat demand if negative reviews persist — important to monitor early sales data and comps. Value questions on Big Arch

Analyst Ratings Changes

A number of equities analysts have recently commented on MCD shares. TD Cowen reaffirmed a “hold” rating and set a $320.00 price objective on shares of McDonald’s in a report on Thursday, February 12th. UBS Group raised their price target on shares of McDonald’s from $350.00 to $365.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Oppenheimer raised McDonald’s from a “market perform” rating to an “outperform” rating and set a $355.00 price objective on the stock in a report on Tuesday, January 6th. Truist Financial increased their target price on McDonald’s from $356.00 to $370.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $340.00 price target on shares of McDonald’s in a research note on Thursday, February 12th. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, McDonald’s currently has an average rating of “Hold” and a consensus target price of $338.07.

Insider Buying and Selling at McDonald’s

In other McDonald’s news, CMO Edith Morgan Flatley sold 4,692 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $331.00, for a total transaction of $1,553,052.00. Following the sale, the chief marketing officer owned 6,200 shares of the company’s stock, valued at $2,052,200. This represents a 43.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Joseph M. Erlinger sold 2,626 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $325.25, for a total transaction of $854,106.50. Following the completion of the sale, the insider owned 5,398 shares of the company’s stock, valued at $1,755,699.50. The trade was a 32.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 71,517 shares of company stock worth $23,655,503 over the last quarter. Corporate insiders own 0.25% of the company’s stock.

McDonald’s Trading Down 0.1%

NYSE:MCD opened at $331.75 on Thursday. The stock has a market capitalization of $235.68 billion, a P/E ratio of 27.76, a price-to-earnings-growth ratio of 2.95 and a beta of 0.51. McDonald’s Corporation has a 1 year low of $283.47 and a 1 year high of $341.75. The firm has a 50 day moving average of $317.58 and a 200-day moving average of $310.78.

McDonald’s (NYSE:MCD) last released its quarterly earnings results on Wednesday, February 11th. The fast-food giant reported $3.12 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $6.81 billion. During the same period last year, the firm posted $2.83 EPS. The business’s revenue was up 9.7% on a year-over-year basis. As a group, analysts forecast that McDonald’s Corporation will post 12.25 EPS for the current fiscal year.

McDonald’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd will be issued a $1.86 dividend. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, March 3rd. McDonald’s’s payout ratio is currently 62.26%.

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.