McDonald’s Corporation $MCD Position Lowered by State of Alaska Department of Revenue

State of Alaska Department of Revenue lessened its position in shares of McDonald’s Corporation (NYSE:MCD) by 3.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,033 shares of the fast-food giant’s stock after selling 2,584 shares during the period. State of Alaska Department of Revenue’s holdings in McDonald’s were worth $15,480,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. TT Capital Management LLC acquired a new stake in shares of McDonald’s during the 3rd quarter worth approximately $1,196,000. Charles Schwab Trust Co raised its position in McDonald’s by 236.4% during the third quarter. Charles Schwab Trust Co now owns 9,795 shares of the fast-food giant’s stock valued at $2,262,000 after purchasing an additional 6,883 shares in the last quarter. Chiron Capital Management LLC acquired a new position in McDonald’s during the third quarter valued at approximately $601,000. Nvwm LLC raised its position in McDonald’s by 5.1% during the third quarter. Nvwm LLC now owns 7,081 shares of the fast-food giant’s stock valued at $1,635,000 after purchasing an additional 346 shares in the last quarter. Finally, Viking Fund Management LLC lifted its stake in 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 during the last quarter. Institutional investors and hedge funds own 70.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on MCD. Robert W. Baird reduced their target price on McDonald’s from $285.00 to $250.00 and set a “neutral” rating on the stock in a report on Thursday, September 24th. Loop Capital decreased their price target on McDonald’s from $301.00 to $273.00 and set a “hold” rating on the stock in a research note on Wednesday, August 5th. Piper Sandler set a $286.00 price target on McDonald’s in a report on Tuesday, August 4th. Royal Bank Of Canada dropped their price objective on McDonald’s from $290.00 to $285.00 and set a “sector perform” rating for the company in a research report on Thursday, September 24th. Finally, Oppenheimer reduced their price objective on McDonald’s from $325.00 to $295.00 and set an “outperform” rating on the stock in a research note on Thursday, September 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $295.94.

McDonald’s Stock Up 1.8%

Shares of NYSE:MCD traded up $4.22 during trading on Thursday, hitting $242.53. 3,925,550 shares of the company were exchanged, compared to its average volume of 4,237,482. The business’s 50 day moving average is $253.35 and its 200-day moving average is $272.74. The company has a market capitalization of $171.62 billion, a P/E ratio of 19.72, a price-to-earnings-growth ratio of 2.64 and a beta of 0.44. McDonald’s Corporation has a 1-year low of $229.20 and a 1-year high of $341.75.

McDonald’s (NYSE:MCD) last released its quarterly earnings data on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share for the quarter, beating the consensus estimate of $3.32 by $0.06. The company had revenue of $7.10 billion for the quarter, compared to the consensus estimate of $7.13 billion. McDonald’s had a negative return on equity of 572.06% and a net margin of 31.72%. McDonald’s’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter last year, the business posted $3.19 EPS. As a group, sell-side analysts anticipate that McDonald’s Corporation will post 12.84 earnings per share for the current year.

McDonald’s Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be given a $1.93 dividend. This is a boost from McDonald’s’s previous quarterly dividend of $1.86. This represents a $7.72 annualized dividend and a yield of 3.2%. The ex-dividend date is Tuesday, December 1st. McDonald’s’s dividend payout ratio is 62.71%.

Key Stories Impacting McDonald’s

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

• Positive Sentiment: McDonald’s shares advanced even as the broader market weakened, indicating some relative strength and investor interest at depressed valuation levels. McDonald’s Increases Despite Market Slip
• Positive Sentiment: The company’s roughly $8.5 billion franchisee-support and modernization plan, along with personalized digital offers, value meals and streamlined marketing, could improve traffic and sales if execution improves. The planned “Archy” drive-through AI system may also support efficiency, although its benefits remain unproven. McDonald’s $8.5B Fix
• Positive Sentiment: Renewed promotions, including the Monopoly Go collaboration and potential Disney-villain Boo Buckets, could provide short-term customer engagement and seasonal sales support, though these campaigns are unlikely to change the long-term outlook by themselves. Monopoly Go Returns to McDonald’s
• Neutral Sentiment: At about 18 times earnings, MCD’s valuation may already reflect some of the turnaround risk, but investors still need evidence that the spending plan can restore sustainable growth. McDonald’s Trades at 18 Times Earnings
• Negative Sentiment: Shares remain down sharply over six months as weak U.S. sales, ineffective value-menu execution and reduced earnings estimates weigh on investor confidence. Analysts are questioning whether promotions and operational fixes can reverse the slowdown. McDonald’s Stock Down 23 Percent in Six Months
• Negative Sentiment: A proposed class-action lawsuit alleging problematic AI-driven menu pricing creates legal, reputational and regulatory risk, while reports of a poorly reviewed U.S. location highlight potential service and franchise-operator issues. McDonald’s AI Menu Pricing Lawsuit

McDonald’s Company 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.