Atlas Wealth LLC Acquires New Position in McDonald’s Corporation $MCD

Atlas Wealth LLC bought a new stake in McDonald’s Corporation (NYSE:MCD) during the first quarter, Holdings Channel.com reports. The firm bought 60,996 shares of the fast-food giant’s stock, valued at approximately $18,957,000. McDonald’s accounts for 2.3% of Atlas Wealth LLC’s investment portfolio, making the stock its 13th largest holding.

A number of other large investors also recently bought and sold shares of the stock. Frontier Asset Management LLC boosted its holdings in McDonald’s by 11.7% in the first quarter. Frontier Asset Management LLC now owns 839 shares of the fast-food giant’s stock valued at $261,000 after acquiring an additional 88 shares during the last quarter. Simon Quick Advisors LLC raised its holdings in McDonald’s by 17.5% in the first quarter. Simon Quick Advisors LLC now owns 12,235 shares of the fast-food giant’s stock valued at $3,802,000 after buying an additional 1,818 shares during the period. Kera Capital Partners Inc. lifted its position in McDonald’s by 14.7% during the first quarter. Kera Capital Partners Inc. now owns 6,732 shares of the fast-food giant’s stock valued at $2,092,000 after buying an additional 861 shares in the last quarter. Cornerstone Planning Group LLC lifted its position in McDonald’s by 30.7% during the first quarter. Cornerstone Planning Group LLC now owns 549 shares of the fast-food giant’s stock valued at $156,000 after buying an additional 129 shares in the last quarter. Finally, Gryphon Financial Partners LLC grew its stake in McDonald’s by 12.4% during the first quarter. Gryphon Financial Partners LLC now owns 10,126 shares of the fast-food giant’s stock worth $3,147,000 after buying an additional 1,121 shares during the period. Institutional investors and hedge funds own 70.29% of the company’s stock.

McDonald’s Stock Down 2.1%

Shares of MCD stock opened at $267.74 on Friday. The company has a market cap of $190.23 billion, a P/E ratio of 22.07, a PEG ratio of 2.84 and a beta of 0.41. The business has a 50 day moving average of $277.07 and a two-hundred day moving average of $300.33. McDonald’s Corporation has a 52 week low of $264.09 and a 52 week high of $341.75.

McDonald’s (NYSE:MCD) last issued its quarterly earnings results on Thursday, May 7th. The fast-food giant reported $2.83 EPS for the quarter, beating analysts’ consensus estimates of $2.74 by $0.09. The company had revenue of $6.52 billion for the quarter, compared to analyst estimates of $6.47 billion. McDonald’s had a negative return on equity of 442.10% and a net margin of 31.62%.The company’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period last year, the company earned $2.67 earnings per share. Analysts expect that McDonald’s Corporation will post 12.88 EPS for the current fiscal year.

McDonald’s Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were paid a dividend of $1.86 per share. The ex-dividend date of this dividend was Tuesday, June 2nd. This represents a $7.44 dividend on an annualized basis and a yield of 2.8%. McDonald’s’s dividend payout ratio is currently 61.34%.

Insider Activity

In other news, EVP Desiree Ralls-Morrison sold 2,763 shares of the company’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 owned 6,268 shares in the company, valued at $1,744,760.48. This represents a 30.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Joseph M. Erlinger sold 5,252 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $284.32, for a total value 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. This represents a 40.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 8,681 shares of company stock valued at $2,456,440. Corporate 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: Tigress Financial raised its price target on McDonald’s to $390 from $385 and reiterated a buy rating, signaling confidence that the stock has meaningful upside from current levels.
• Positive Sentiment: Analyst coverage and commentary continue to highlight McDonald’s value offerings, loyalty efforts, localized marketing, and menu innovation as ways the company can support customer traffic and defend sales trends.
• Neutral Sentiment: McDonald’s is expected to report second-quarter earnings next month, with consensus calling for modest single-digit profit growth, keeping investor focus on whether traffic and margins improve.
• Neutral Sentiment: Recent product news, including the new Caesar sauce and other menu rollouts, is generating consumer interest, but the items appear more promotional than clearly material to near-term earnings.
• Negative Sentiment: Articles questioning why McDonald’s stock is at nearly two-year lows and noting a 10.1% decline over the past six months versus a rising S&P 500 suggest investors are worried about relative underperformance and slowing momentum.
• Negative Sentiment: Commentary describing a “McProblem” that is not getting better points to continuing concerns about business execution, customer traffic, or overall sentiment toward the stock.
• Negative Sentiment: One recent piece also urged investors to stay skeptical, indicating that while the stock may look attractive to some value investors, there are still fundamental questions weighing on shares.

Analyst Ratings Changes

MCD has been the subject of a number of recent analyst reports. Evercore set a $350.00 price target on shares of McDonald’s in a report on Friday, May 8th. Wells Fargo & Company decreased their price objective on shares of McDonald’s from $320.00 to $300.00 and set an “overweight” rating for the company in a research report on Thursday. Cfra upgraded McDonald’s to a “buy” rating in a research note on Friday, May 8th. Rothschild & Co Redburn raised McDonald’s from a “sell” rating to a “neutral” rating and lifted their target price for the stock from $260.00 to $306.00 in a research report on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft set a $325.00 price target on McDonald’s in a research note on Thursday, July 9th. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $336.32.

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.