Mariner LLC Grows Position in McDonald’s Corporation $MCD

Mariner LLC raised its holdings in McDonald’s Corporation (NYSE:MCD) by 3.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 846,008 shares of the fast-food giant’s stock after acquiring an additional 25,265 shares during the quarter. Mariner LLC’s holdings in McDonald’s were worth $258,580,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Nicolet Advisory Services LLC lifted its position in shares of McDonald’s by 14.8% during the 4th quarter. Nicolet Advisory Services LLC now owns 8,412 shares of the fast-food giant’s stock valued at $2,580,000 after acquiring an additional 1,086 shares during the period. Fieldview Capital Management LLC increased its stake in McDonald’s by 82.3% in the 4th quarter. Fieldview Capital Management LLC now owns 16,019 shares of the fast-food giant’s stock valued at $4,896,000 after purchasing an additional 7,234 shares in the last quarter. Focus Partners Wealth increased its stake in McDonald’s by 26.6% in the 4th quarter. Focus Partners Wealth now owns 604,086 shares of the fast-food giant’s stock valued at $184,513,000 after purchasing an additional 126,885 shares in the last quarter. Garrison Point Advisors LLC raised its holdings in McDonald’s by 1.4% during the fourth quarter. Garrison Point Advisors LLC now owns 2,911 shares of the fast-food giant’s stock worth $890,000 after purchasing an additional 39 shares during the last quarter. Finally, Glen Eagle Advisors LLC boosted its position in McDonald’s by 12.5% during the fourth quarter. Glen Eagle Advisors LLC now owns 5,210 shares of the fast-food giant’s stock worth $1,592,000 after purchasing an additional 579 shares in the last quarter. 70.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Joseph M. Erlinger sold 5,252 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the sale, the insider owned 7,734 shares in the company, valued at approximately $2,198,930.88. This trade represents a 40.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $278.36, for a total value of $769,108.68. Following the transaction, the executive vice president directly owned 6,268 shares in the company, valued at approximately $1,744,760.48. This represents a 30.59% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 11,307 shares of company stock worth $3,262,622. 0.26% of the stock is owned by company insiders.

Key McDonald’s News

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

• Positive Sentiment: Commentary highlighted McDonald’s as a “rare mega-cap” with accelerating fundamentals, citing 3.8% global comparable sales growth, more than $9 billion in loyalty sales over 90 days, and 9.4% year-over-year revenue growth, which supports the bull case for the stock. McDonald’s Will Trade at This Price in 2028
• Positive Sentiment: McDonald’s is testing AI-powered drive-thru ordering, and early results from a million orders appear promising; if rolled out successfully, this could improve efficiency and margins over time. McDonald’s Is Letting AI Take Your Orders Again. A Million Orders Later, the Results Look Promising.
• Positive Sentiment: Promotional activity tied to FIFA World Cup meals, collectible cups, and Squishmallows could help drive customer traffic and add some sales momentum. McDonald’s FIFA World Cup meals with Squishmallows and 9 collectible cups are here
• Neutral Sentiment: Analyst and investor commentary remains generally supportive, with reports noting McDonald’s continues to attract attention as a defensive, widely followed stock. McDonald’s Corporation (MCD) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Insider selling by executive Joseph Erlinger may weigh on sentiment slightly, even though such sales do not necessarily reflect a change in business outlook. Joseph Erlinger Sells 5,252 Shares of McDonald’s (NYSE:MCD) Stock
• Negative Sentiment: Some recent coverage has also raised concerns about customer pushback on operational changes and workplace safety issues, which could create headline risk if they persist. Should McDonald’s AI Drive Thru Push and Safety Scrutiny Require Action From McDonald’s (MCD) Investors?

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Cfra upgraded McDonald’s to a “buy” rating in a research report on Friday, May 8th. Evercore set a $350.00 price objective on shares of McDonald’s in a research report on Friday, May 8th. Wells Fargo & Company lowered their price objective on shares of McDonald’s from $355.00 to $320.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Erste Group Bank downgraded shares of McDonald’s from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, Morgan Stanley set a $331.00 target price on shares of McDonald’s in a research report on Friday, May 8th. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, McDonald’s has a consensus rating of “Moderate Buy” and a consensus price target of $336.26.

McDonald’s Stock Up 0.0%

MCD opened at $284.88 on Monday. The firm has a market cap of $202.41 billion, a P/E ratio of 23.49, a PEG ratio of 2.84 and a beta of 0.41. The business’s fifty day simple moving average is $289.38 and its 200 day simple moving average is $306.76. McDonald’s Corporation has a 52 week low of $271.85 and a 52 week high of $341.75.

McDonald’s (NYSE:MCD) last released its earnings results 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. McDonald’s had a net margin of 31.62% and a negative return on equity of 442.10%. The company had revenue of $6.52 billion for the quarter, compared to analyst estimates of $6.47 billion. During the same period in the prior year, the firm earned $2.67 EPS. The firm’s quarterly revenue was up 9.4% on a year-over-year basis. As a group, equities analysts expect that McDonald’s Corporation will post 12.93 EPS for the current fiscal year.

McDonald’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd will be paid a dividend of $1.86 per share. The ex-dividend date of this dividend is Tuesday, June 2nd. This represents a $7.44 annualized dividend and a dividend yield of 2.6%. McDonald’s’s dividend payout ratio is presently 61.34%.

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.