Zions Bancorporation National Association UT Grows Position in McDonald’s Corporation $MCD

Zions Bancorporation National Association UT boosted its position in shares of McDonald’s Corporation (NYSE:MCD) by 97.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,673 shares of the fast-food giant’s stock after buying an additional 2,798 shares during the period. Zions Bancorporation National Association UT’s holdings in McDonald’s were worth $1,533,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of MCD. Your Advocates Ltd. LLP purchased a new position in shares of McDonald’s during the fourth quarter worth approximately $27,000. IFC & Insurance Marketing Inc. purchased a new stake in McDonald’s in the 4th quarter valued at $29,000. Abound Financial LLC acquired a new stake in McDonald’s during the 4th quarter worth $30,000. DecisionPoint Financial LLC boosted its stake in McDonald’s by 1,616.7% during the 4th quarter. DecisionPoint Financial LLC now owns 103 shares of the fast-food giant’s stock worth $31,000 after purchasing an additional 97 shares during the period. Finally, Entrust Financial LLC purchased a new position in McDonald’s during the 4th quarter worth $31,000. 70.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on MCD shares. Evercore set a $320.00 target price on shares of McDonald’s in a report on Thursday, July 23rd. Rothschild & Co Redburn upgraded shares of McDonald’s from a “sell” rating to a “neutral” rating and raised their price objective for the company from $260.00 to $306.00 in a research report on Thursday, April 23rd. Royal Bank Of Canada reduced their target price on McDonald’s from $305.00 to $295.00 and set a “sector perform” rating for the company in a report on Wednesday, August 5th. KeyCorp decreased their price target on McDonald’s from $315.00 to $305.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 5th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $295.00 price objective on shares of McDonald’s in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $325.44.

McDonald’s Stock Performance

Shares of MCD opened at $267.15 on Wednesday. McDonald’s Corporation has a fifty-two week low of $260.96 and a fifty-two week high of $341.75. The company has a market capitalization of $189.04 billion, a PE ratio of 21.70, a price-to-earnings-growth ratio of 3.05 and a beta of 0.41. The stock has a fifty day moving average of $273.27 and a two-hundred day moving average of $294.49.

McDonald’s (NYSE:MCD) last posted its quarterly earnings data on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.32 by $0.06. The business had revenue of $7.10 billion for the quarter, compared to analysts’ expectations of $7.13 billion. McDonald’s had a negative return on equity of 572.06% and a net margin of 31.72%.The business’s revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the firm earned $3.19 earnings per share. As a group, equities research analysts forecast that McDonald’s Corporation will post 12.88 earnings per share for the current fiscal year.

McDonald’s Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $1.86 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.8%. McDonald’s’s dividend payout ratio is currently 60.44%.

McDonald’s News Summary

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

• Positive Sentiment: McDonald’s valuation has become more attractive after its decline, with one bullish estimate implying substantial upside toward the Wall Street consensus target. However, analysts say investors may need to wait for clearer evidence of improved execution. Is McDonald’s a Buy Today as Lower Valuation Meets Execution Risk?
• Positive Sentiment: A workforce scheduling and transportation app reportedly helped one McDonald’s franchise avoid missed shifts and save about $35,000 per month. Wider adoption could improve staffing reliability and restaurant-level margins. Missed shifts were costly to this McDonald’s. An app has fixed the problem
• Positive Sentiment: Limited-time promotions, including Hello Kitty–Godzilla Happy Meals, new fall beverages and an afternoon-focused menu strategy aimed at Starbucks could support traffic and increase customer occasions. McDonald’s Takes Direct Aim at Starbucks
• Neutral Sentiment: McDonald’s latest quarterly earnings beat expectations on EPS, helped by franchised operations, but revenue slightly missed estimates. Investors remain focused on whether cost controls and franchise strength can offset softer U.S. demand. McDonald’s Q2 Earnings Beat Puts U.S. Traffic and Margins in Focus
• Negative Sentiment: Numerator data showed sales among low-income customers fell 2.4% in the latest quarter, indicating that prior price increases may be pushing budget-conscious diners toward alternatives. McDonald’s is losing ground to rivals like Burger King with a key customer group
• Negative Sentiment: Weak U.S. traffic, value-offer execution problems, rising beef and operating costs, and competition from Burger King are creating pressure on sales and margins. The broader economic concern flagged by restaurant and consumer-goods executives adds to the risk. Burger King is taking a bite out of McDonald’s lunch

Insider Activity

In related news, EVP Desiree Ralls-Morrison sold 2,763 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $278.36, for a total transaction of $769,108.68. Following the completion of the transaction, the executive vice president owned 6,268 shares of the company’s stock, valued at approximately $1,744,760.48. This represents a 30.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Joseph M. Erlinger sold 5,252 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the transaction, the insider directly owned 7,734 shares in the company, valued at approximately $2,198,930.88. This represents a 40.44% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 8,348 shares of company stock worth $2,355,634. Insiders own 0.26% of the company’s stock.

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.