New York Life Investment Management LLC Increases Stake in McDonald’s Corporation $MCD

New York Life Investment Management LLC grew its stake in shares of McDonald’s Corporation (NYSE:MCD) by 6.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 103,450 shares of the fast-food giant’s stock after buying an additional 6,533 shares during the period. New York Life Investment Management LLC’s holdings in McDonald’s were worth $31,617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Viking Global Investors LP increased its holdings in McDonald’s by 171.7% in the 2nd quarter. Viking Global Investors LP now owns 3,125,432 shares of the fast-food giant’s stock valued at $913,157,000 after acquiring an additional 1,974,998 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of McDonald’s by 36.6% during the 3rd quarter. Franklin Resources Inc. now owns 4,396,837 shares of the fast-food giant’s stock valued at $1,336,155,000 after purchasing an additional 1,179,244 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of McDonald’s by 111.3% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,071,296 shares of the fast-food giant’s stock valued at $629,446,000 after purchasing an additional 1,090,849 shares during the last quarter. Marshall Wace LLP grew its position in shares of McDonald’s by 927.5% during the third quarter. Marshall Wace LLP now owns 827,547 shares of the fast-food giant’s stock valued at $251,483,000 after purchasing an additional 927,547 shares in the last quarter. Finally, Alyeska Investment Group L.P. increased its holdings in shares of McDonald’s by 766.5% in the third quarter. Alyeska Investment Group L.P. now owns 885,629 shares of the fast-food giant’s stock worth $269,134,000 after purchasing an additional 783,416 shares during the last quarter. Institutional investors own 70.29% of the company’s stock.

McDonald’s Price Performance

Shares of NYSE MCD opened at $274.87 on Friday. McDonald’s Corporation has a 1 year low of $271.98 and a 1 year high of $341.75. The firm has a 50-day simple moving average of $305.40 and a two-hundred day simple moving average of $310.25. The company has a market cap of $195.30 billion, a P/E ratio of 22.66, a PEG ratio of 2.74 and a beta of 0.43.

McDonald’s (NYSE:MCD) last posted its quarterly earnings data on Thursday, May 7th. The fast-food giant reported $2.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.74 by $0.09. The company had revenue of $6.52 billion during the quarter, compared to analysts’ expectations of $6.47 billion. McDonald’s had a negative return on equity of 442.10% and a net margin of 31.62%.McDonald’s’s revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.67 EPS. As a group, equities research analysts expect that McDonald’s Corporation will post 12.96 EPS for the current year.

Insider Buying and Selling

In other McDonald’s news, insider Joseph M. Erlinger sold 2,626 shares of the firm’s stock in a transaction on Friday, April 10th. The stock was sold at an average price of $307.00, for a total transaction of $806,182.00. Following the transaction, the insider directly owned 8,400 shares in the company, valued at $2,578,800. This trade represents a 23.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jonathan Banner sold 6,201 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $333.29, for a total value of $2,066,731.29. Following the completion of the sale, the executive vice president owned 2,291 shares of the company’s stock, valued at $763,567.39. This represents a 73.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 12,119 shares of company stock worth $3,945,973. 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: McDonald’s announced a landmark $750 million naming rights partnership with Chicago Fire FC for “McDonald’s Park,” a long-term branding move that expands its community presence and reinforces the company’s Chicago roots. McDonald’s Expands Brand With $750M Stadium Deal
• Positive Sentiment: Some market commentary says MCD may be oversold after a steep selloff, with analysts still pointing to strong cash flow, industry-leading margins, and upside to consensus price targets. Catching Falling Knives: Is It Time to Buy These Beaten-Down Stocks? (MCD)
• Neutral Sentiment: McDonald’s remains a widely watched stock, with investor attention rising around recent earnings, valuation compression, and whether the company’s recent weakness has created a contrarian buying opportunity. McDonald’s Corporation (MCD) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Jim Cramer said McDonald’s looks “tough” technically and is “breaking down,” reflecting concern that the stock’s recent weakness may continue despite its defensive reputation. Jim Cramer on McDonald’s: “QSR I Think Is the Better”
• Negative Sentiment: Another Cramer commentary argued that stocks like McDonald’s, which should benefit in tough economic periods, are instead getting “slaughtered,” underscoring broader investor skepticism toward the name right now. Jim Cramer says stocks like McDonald’s, Walmart that should be soaring in tough times are instead getting ‘slaughtered’
• Negative Sentiment: Several articles highlighted that McDonald’s stock has fallen to 52-week lows and may face additional pressure if higher gas prices continue to squeeze consumer spending and restaurant visits. McDonald’s Stock Hits 52-Week Lows: High Gas Prices Could Make Things Worse

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. TD Cowen decreased their target price on McDonald’s from $330.00 to $300.00 and set a “hold” rating on the stock in a research report on Thursday, May 7th. UBS Group lifted their price objective on McDonald’s from $350.00 to $365.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Truist Financial increased 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. Tigress Financial raised their target price on shares of McDonald’s from $360.00 to $385.00 and gave the company a “buy” rating in a report on Friday, March 6th. Finally, Wells Fargo & Company reduced their price target on shares of McDonald’s from $355.00 to $320.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, McDonald’s presently has a consensus rating of “Moderate Buy” and a consensus price target of $334.45.

McDonald’s 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.