TD Asset Management Inc Acquires 116,004 Shares of McDonald’s Corporation $MCD

TD Asset Management Inc grew its holdings in McDonald’s Corporation (NYSE:MCD) by 9.1% in the fourth quarter, Holdings Channel reports. The firm owned 1,394,897 shares of the fast-food giant’s stock after buying an additional 116,004 shares during the quarter. TD Asset Management Inc’s holdings in McDonald’s were worth $426,322,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Greenspring Advisors LLC bought a new stake in shares of McDonald’s in the 4th quarter worth $408,000. Evolution Wealth Management Inc. boosted its stake in shares of McDonald’s by 14.7% in the 4th quarter. Evolution Wealth Management Inc. now owns 437 shares of the fast-food giant’s stock worth $134,000 after buying an additional 56 shares during the last quarter. REAP Financial Group LLC boosted its stake in shares of McDonald’s by 16.3% in the 4th quarter. REAP Financial Group LLC now owns 591 shares of the fast-food giant’s stock worth $181,000 after buying an additional 83 shares during the last quarter. Private Wealth Asset Management LLC boosted its stake in shares of McDonald’s by 4.5% in the 4th quarter. Private Wealth Asset Management LLC now owns 7,039 shares of the fast-food giant’s stock worth $2,151,000 after buying an additional 303 shares during the last quarter. Finally, BlackDiamond Wealth Management LLC boosted its stake in shares of McDonald’s by 20.2% in the 4th quarter. BlackDiamond Wealth Management LLC now owns 2,568 shares of the fast-food giant’s stock worth $836,000 after buying an additional 431 shares during the last quarter. Institutional investors own 70.29% of the company’s stock.

McDonald’s Stock Down 1.0%

Shares of McDonald’s stock opened at $273.50 on Thursday. The stock’s 50-day simple moving average is $293.31 and its 200-day simple moving average is $307.97. McDonald’s Corporation has a 52 week low of $271.98 and a 52 week high of $341.75. The company has a market capitalization of $194.33 billion, a price-to-earnings ratio of 22.55, a PEG ratio of 2.75 and a beta of 0.41.

McDonald’s (NYSE:MCD) last announced its quarterly earnings data on Thursday, May 7th. The fast-food giant reported $2.83 EPS for the quarter, beating the consensus estimate of $2.74 by $0.09. McDonald’s had a negative return on equity of 442.10% and a net margin of 31.62%.The business had revenue of $6.52 billion for the quarter, compared to the consensus estimate of $6.47 billion. During the same period in the previous year, the business earned $2.67 earnings per share. The business’s revenue was up 9.4% on a year-over-year basis. On average, equities analysts expect that McDonald’s Corporation will post 12.93 earnings per share for the current year.

McDonald’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd will be given a $1.86 dividend. This represents a $7.44 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Tuesday, June 2nd. McDonald’s’s payout ratio is presently 61.34%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on MCD. Piper Sandler raised their price target on McDonald’s from $323.00 to $325.00 and gave the stock a “neutral” rating in a research note 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 research report on Friday, February 13th. JPMorgan Chase & Co. lowered their target price on McDonald’s from $325.00 to $305.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Sanford C. Bernstein reiterated a “market perform” rating and set a $340.00 target price on shares of McDonald’s in a research report on Thursday, February 12th. Finally, Truist Financial lifted their target price on McDonald’s from $356.00 to $370.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Sixteen equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $334.45.

Insider Activity

In other news, EVP Desiree Ralls-Morrison sold 2,763 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $278.36, for a total value of $769,108.68. Following the transaction, the executive vice president directly owned 6,268 shares in the company, valued at $1,744,760.48. The trade was a 30.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Joseph M. Erlinger sold 2,626 shares of the business’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $307.00, for a total value of $806,182.00. Following the completion of the transaction, the insider owned 8,400 shares in the company, valued at $2,578,800. The trade was a 23.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 8,681 shares of company stock worth $2,631,594 over the last 90 days. Company insiders own 0.26% of the company’s stock.

More McDonald’s News

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

• Positive Sentiment: McDonald’s unveiled a new global growth plan, “McDonald’s > NEXT,” centered on automation, better hospitality, and productivity improvements to support future sales growth. McDonald’s unveils McDonald’s Next global growth strategy 2026
• Positive Sentiment: The company also highlighted menu and restaurant upgrades, including hand-breaded chicken, refreshed interiors, and AI ordering tests, reinforcing efforts to improve customer experience and boost traffic. McDonald’s 2.0: Hand-Breaded Chicken, Chic Decor and “Archy”
• Positive Sentiment: McDonald’s launched a World Cup-themed marketing push with collectible cups, toys, meals, and celebrity tie-ins, which could drive near-term sales and brand engagement. McDonald’s announces collectible cups, toys for World Cup meals
• Positive Sentiment: CNBC’s Jim Cramer mentioned McDonald’s as a defensive name to own outside the AI trade, which may reinforce its appeal to investors seeking stability. Jim Cramer says look to buy these 5 stocks outside the AI trade for diversification
• Neutral Sentiment: Several articles focused on product and cultural coverage around McDonald’s items and advertising, including Filet-O-Fish differences between the U.S. and U.K. and a Japanese ad controversy; these are mostly brand-interest stories rather than clear financial catalysts.
• Neutral Sentiment: McDonald’s EVP Desiree Ralls-Morrison sold 2,763 shares, a routine insider transaction that may attract attention but is not necessarily a major fundamental signal. McDonald’s (NYSE:MCD) EVP Desiree Ralls-Morrison Sells 2,763 Shares
• Negative Sentiment: Despite the upbeat strategy news, investors may still be focused on the fact that McDonald’s stock has been sliding from recent highs and remains below key moving averages, suggesting the market is still skeptical that the turnaround plans will quickly translate into stronger results.

McDonald’s Company Profile

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.