First Nebraska Trust Co bought a new position in shares of McDonald’s Corporation (NYSE:MCD – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 6,006 shares of the fast-food giant’s stock, valued at approximately $1,387,000.
A number of other institutional investors have also recently modified their holdings of the business. Ascentis Wealth Management LLC raised its position in McDonald’s by 4,008.8% during the second quarter. Ascentis Wealth Management LLC now owns 84,230 shares of the fast-food giant’s stock worth $22,768,000 after acquiring an additional 82,180 shares during the period. Ridgewood Investments LLC acquired a new stake in shares of McDonald’s in the third quarter valued at about $1,026,000. Borer Denton & Associates Inc. grew its position in shares of McDonald’s by 16.9% in the second quarter. Borer Denton & Associates Inc. now owns 13,859 shares of the fast-food giant’s stock valued at $3,746,000 after purchasing an additional 2,000 shares during the period. HighTower Advisors LLC grew its position in shares of McDonald’s by 7.1% in the second quarter. HighTower Advisors LLC now owns 1,471,725 shares of the fast-food giant’s stock valued at $397,822,000 after purchasing an additional 97,060 shares during the period. Finally, Viking Fund Management LLC increased its stake in shares of McDonald’s by 60.0% during the third quarter. Viking Fund Management LLC now owns 40,000 shares of the fast-food giant’s stock worth $9,238,000 after purchasing an additional 15,000 shares in the last quarter. 70.29% of the stock is currently owned by institutional investors and hedge funds.
McDonald’s Stock Down 1.1%
McDonald’s stock opened at $262.75 on Wednesday. McDonald’s Corporation has a 52-week low of $229.20 and a 52-week high of $341.75. The firm has a market capitalization of $185.93 billion, a price-to-earnings ratio of 21.34, a PEG ratio of 3.03 and a beta of 0.42. The company has a fifty day simple moving average of $247.96 and a 200-day simple moving average of $282.99.
McDonald’s (NYSE:MCD – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share for the quarter, topping the consensus estimate of $3.32 by $0.06. The firm had revenue of $7.10 billion for the quarter, compared to the consensus estimate of $7.13 billion. McDonald’s had a net margin of 31.72% and a negative return on equity of 572.06%. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same period last year, the firm posted $3.19 earnings per share. On average, research analysts anticipate that McDonald’s Corporation will post 12.83 EPS for the current fiscal year.
McDonald’s Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be paid a dividend of $1.93 per share. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $7.72 annualized dividend and a yield of 2.9%. This is a boost from McDonald’s’s previous quarterly dividend of $1.86. 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: New seasonal drinks and a planned Pokémon promotion could help attract customers and support sales. McDonald’s is also expanding its beverage push. Article: McDonald’s launches 2026 holiday menu with new seasonal drinks
- Neutral Sentiment: McDonald’s is scheduled to report third-quarter results before the market opens on Nov. 4. Analysts expect modest profit growth, but the report and outlook will be closely watched for signs that weaker U.S. traffic and higher expenses are pressuring margins. Article: McDonald’s Stock Rests on Full-Year Earnings Growth
- Negative Sentiment: Pre-earnings coverage points to a tough consumer backdrop and potentially slower sales growth, with soft U.S. customer traffic, rising costs and operational issues weighing on near-term expectations. Article: McDonald’s Q3 sales expected to slow amid tough consumer backdrop
- Negative Sentiment: A judge declined to dismiss a proposed class-action lawsuit alleging McDonald’s misled customers about the McRib’s meat. The case proceeding creates legal and reputational risk, though no outcome or financial impact has been determined. Article: McDonald’s loses bid to dismiss McRib lawsuit
- Negative Sentiment: U.S. lawmakers questioned the CEO about algorithmic pricing tools, raising the prospect of further scrutiny of the company’s pricing practices. Article: US lawmakers question McDonald’s CEO about algorithmic pricing practices
Analysts Set New Price Targets
Several research analysts recently weighed in on MCD shares. Tigress Financial upped their price target on shares of McDonald’s from $385.00 to $390.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Morgan Stanley lowered their price objective on McDonald’s from $308.00 to $297.00 and set an “equal weight” rating on the stock in a report on Monday, September 28th. DZ Bank reiterated a “buy” rating on shares of McDonald’s in a research note on Thursday, September 24th. Needham & Company LLC reissued a “buy” rating on shares of McDonald’s in a report on Monday, September 21st. Finally, Weiss Ratings downgraded McDonald’s from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $292.76.
View Our Latest Analysis on MCD
McDonald’s Profile
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.
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