WINTON GROUP Ltd Takes $12.96 Million Position in McDonald’s Corporation $MCD

WINTON GROUP Ltd acquired a new stake in shares of McDonald’s Corporation (NYSE:MCD) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 47,960 shares of the fast-food giant’s stock, valued at approximately $12,964,000.

A number of other hedge funds also recently bought and sold shares of MCD. Engineers Gate Manager LP bought a new stake in shares of McDonald’s in the 2nd quarter worth approximately $1,145,000. Cidel Asset Management Inc. grew its holdings in shares of McDonald’s by 22.7% during the 2nd quarter. Cidel Asset Management Inc. now owns 4,410 shares of the fast-food giant’s stock valued at $1,192,000 after purchasing an additional 817 shares during the last quarter. Capital Analysts LLC grew its holdings in shares of McDonald’s by 2.1% during the 2nd quarter. Capital Analysts LLC now owns 25,260 shares of the fast-food giant’s stock valued at $6,828,000 after purchasing an additional 530 shares during the last quarter. NorthRock Partners LLC raised its position in McDonald’s by 1.4% in the 2nd quarter. NorthRock Partners LLC now owns 23,121 shares of the fast-food giant’s stock worth $6,250,000 after purchasing an additional 314 shares during the period. Finally, Community Bank N.A. raised its position in McDonald’s by 18.8% in the 2nd quarter. Community Bank N.A. now owns 14,533 shares of the fast-food giant’s stock worth $3,928,000 after purchasing an additional 2,300 shares during the period. Institutional investors own 70.29% of the company’s stock.

McDonald’s Stock Down 0.9%

Shares of McDonald’s stock opened at $253.59 on Thursday. The firm has a market cap of $179.45 billion, a PE ratio of 20.60, a price-to-earnings-growth ratio of 2.76 and a beta of 0.41. McDonald’s Corporation has a 12-month low of $253.35 and a 12-month high of $341.75. The company’s fifty day simple moving average is $268.81 and its two-hundred day simple moving average is $287.58.

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. The firm had revenue of $7.10 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.19 earnings per share. As a group, sell-side analysts expect that McDonald’s Corporation will post 12.88 earnings per share for the current fiscal year.

McDonald’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Tuesday, September 1st will be given 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 yield of 2.9%. McDonald’s’s dividend payout ratio is presently 60.44%.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Piper Sandler set a $286.00 price target on shares of McDonald’s in a research note on Tuesday, August 4th. Mizuho decreased their price objective on McDonald’s from $300.00 to $290.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. KeyCorp lowered their target price on McDonald’s from $315.00 to $305.00 and set an “overweight” rating for the company in a research note on Wednesday, August 5th. Freedom Capital upgraded McDonald’s from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Finally, Tigress Financial raised their price target on McDonald’s from $385.00 to $390.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $321.35.

Key McDonald’s News

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

• Positive Sentiment: McDonald’s is launching several traffic-driving initiatives, including a one-day $1 cheeseburger promotion, new SpongeBob and One Piece Happy Meal toys, and a first-of-its-kind fall flavor in Canada replacing the company’s traditional pumpkin-spice offering. These campaigns could support customer visits and seasonal sales, although their financial impact is likely limited. McDonald’s Is Offering $1 Cheeseburgers
• Positive Sentiment: Analysts continue to view McDonald’s as a relatively defensive consumer stock amid uncertainty around inflation and Federal Reserve policy. Its franchise-heavy model, global scale and dividend profile may provide support if market volatility increases. Defensive Stocks to Watch
• Neutral Sentiment: McDonald’s is slowing its restaurant expansion pace to protect returns as development costs rise and consumers remain price-sensitive. The strategy may improve the economics of new locations, but it also implies a more measured growth outlook. McDonald’s Slower Expansion Pace
• Negative Sentiment: McDonald’s reportedly faces potentially significant fines related to the use of disposable cups. If confirmed, the penalties could increase costs and add to environmental-compliance risk. McDonald’s Faces Millions in Fines
• Negative Sentiment: Some consumer coverage criticizes new menu items and reduced children’s amenities, potentially highlighting affordability, value and customer-experience concerns. These stories are primarily reputational and are unlikely to materially affect near-term financial results on their own.

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.