McDonald’s Corporation $MCD Position Lowered by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company trimmed its position in McDonald’s Corporation (NYSE:MCD) by 19.3% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 402,353 shares of the fast-food giant’s stock after selling 96,184 shares during the period. The Manufacturers Life Insurance Company’s holdings in McDonald’s were worth $108,760,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. California State Teachers Retirement System raised its stake in McDonald’s by 27,036.7% during the second quarter. California State Teachers Retirement System now owns 302,891,546 shares of the fast-food giant’s stock valued at $81,874,614,000 after buying an additional 301,775,375 shares in the last quarter. Norges Bank acquired a new position in shares of McDonald’s in the 4th quarter worth approximately $2,890,438,000. Bank of New York Mellon Corp acquired a new position in shares of McDonald’s in the 2nd quarter worth approximately $1,359,276,000. Diamant Asset Management Inc. increased its holdings in shares of McDonald’s by 30,979.0% in the 1st quarter. Diamant Asset Management Inc. now owns 2,596,340 shares of the fast-food giant’s stock valued at $806,917,000 after acquiring an additional 2,587,986 shares during the last quarter. Finally, J. Stern & Co. LLP increased its holdings in shares of McDonald’s by 9,867.5% in the 4th quarter. J. Stern & Co. LLP now owns 2,541,008 shares of the fast-food giant’s stock valued at $776,608,000 after acquiring an additional 2,515,515 shares during the last quarter. 70.29% of the stock is currently owned by institutional investors and hedge funds.

McDonald’s Trading Down 0.2%

Shares of NYSE MCD opened at $252.58 on Friday. The company has a market cap of $178.74 billion, a price-to-earnings ratio of 20.52, a price-to-earnings-growth ratio of 2.73 and a beta of 0.41. McDonald’s Corporation has a 12-month low of $252.15 and a 12-month high of $341.75. The stock’s 50 day simple moving average is $267.69 and its 200 day simple moving average is $286.80.

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

McDonald’s Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $1.86 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $7.44 annualized dividend and a dividend yield of 2.9%. McDonald’s’s payout ratio is 60.44%.

McDonald’s News Roundup

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

• Positive Sentiment: McDonald’s CEO said some customer groups are ordering more Happy Meals, suggesting continued appeal for the company’s value-oriented family offerings. This group is ordering more Happy Meals, McDonald’s CEO says
• Positive Sentiment: New and limited-time menu initiatives—including a fall latte, an exclusive meal and a SpongeBob–One Piece Happy Meal collaboration—could support restaurant traffic and customer engagement. McDonald’s new fall latte SpongeBob and One Piece Happy Meal collaboration
• Neutral Sentiment: McDonald’s and Burger King are reportedly emphasizing human workers as a way to improve the customer experience. The strategy may strengthen service and brand perception, but could also carry higher labor costs. McDonald’s and Burger King turn to human workers
• Neutral Sentiment: Promotions such as free or discounted double cheeseburgers and highly publicized menu items may boost visits, although investors will watch whether incremental sales offset promotional pressure on margins. McDonald’s National Cheeseburger Day promotion
• Negative Sentiment: TD Cowen lowered its McDonald’s price target from $300 to $282 and assigned a “hold” rating. Although the revised target implies upside from the current level, the cut signals reduced near-term conviction.
• Negative Sentiment: Erste Group Bank trimmed its FY2027 EPS estimate from $14.00 to $13.96, adding to concerns about limited earnings growth.
• Negative Sentiment: Coverage highlighting McDonald’s new one-year low reinforces technical weakness and may encourage additional selling, despite the company’s strong profitability and recent quarterly EPS beat. McDonald’s sets new one-year low

Analyst Ratings Changes

MCD has been the topic of several research reports. Robert W. Baird raised McDonald’s to a “hold” rating in a research report on Monday, August 24th. TD Cowen decreased their price objective on shares of McDonald’s from $300.00 to $282.00 and set a “hold” rating for the company in a report on Friday. Wells Fargo & Company lowered their target price on shares of McDonald’s from $320.00 to $300.00 and set an “overweight” rating for the company in a research note on Thursday, July 16th. Mizuho dropped their target price on shares of McDonald’s from $300.00 to $290.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. Finally, UBS Group set a $305.00 price target on shares of McDonald’s in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $320.57.

About McDonald’s

McDonald’s Corporation is a global quick-service restaurant company that operates and franchises restaurants under the McDonald’s brand. Its restaurants serve a menu that includes hamburgers, cheeseburgers, chicken sandwiches, French fries, breakfast items, desserts, salads, beverages and coffee. Offerings vary by market, and many locations provide drive-thru service, delivery and digital ordering through the McDonald’s mobile app.

The company operates through a heavily franchised business model, with restaurants owned and operated by independent franchisees, affiliates and the company itself.