Cetera Investment Advisers grew its position in shares of McDonald’s Corporation (NYSE:MCD – Free Report) by 2.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 459,267 shares of the fast-food giant’s stock after purchasing an additional 10,662 shares during the quarter. Cetera Investment Advisers owned approximately 0.06% of McDonald’s worth $142,735,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of McDonald’s by 21.6% during the 4th quarter. Brighton Jones LLC now owns 9,286 shares of the fast-food giant’s stock worth $2,692,000 after acquiring an additional 1,649 shares in the last quarter. Revolve Wealth Partners LLC grew its position in shares of McDonald’s by 2.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 1,942 shares of the fast-food giant’s stock valued at $563,000 after acquiring an additional 52 shares during the period. Sivia Capital Partners LLC increased its stake in shares of McDonald’s by 11.4% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,017 shares of the fast-food giant’s stock valued at $589,000 after purchasing an additional 206 shares in the last quarter. United Bank increased its stake in shares of McDonald’s by 6.0% in the 2nd quarter. United Bank now owns 8,102 shares of the fast-food giant’s stock valued at $2,367,000 after purchasing an additional 459 shares in the last quarter. Finally, Schnieders Capital Management LLC. raised its holdings in McDonald’s by 2.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 12,938 shares of the fast-food giant’s stock worth $3,780,000 after purchasing an additional 312 shares during the period. 70.29% of the stock is currently owned by institutional investors and hedge funds.
McDonald’s Trading Down 0.2%
NYSE:MCD opened at $263.49 on Thursday. The stock has a 50 day moving average of $276.47 and a two-hundred day moving average of $299.40. McDonald’s Corporation has a 12 month low of $261.85 and a 12 month high of $341.75. The firm has a market cap of $187.21 billion, a P/E ratio of 21.72, a price-to-earnings-growth ratio of 2.83 and a beta of 0.41.
McDonald’s Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were paid a $1.86 dividend. This represents a $7.44 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Tuesday, June 2nd. McDonald’s’s dividend payout ratio is currently 61.34%.
McDonald’s News Summary
Here are the key news stories impacting McDonald’s this week:
- Positive Sentiment: McDonald’s is rolling out multiple new limited-time menu items, including breakfast and Caesar offerings, which could help attract customers and support sales momentum. McDonald’s Introduces Sweet and Savory New Breakfast Item
- Positive Sentiment: The company’s new breakfast biscuit and sweet makeover of a classic sandwich reinforce its strategy of frequent menu updates to drive breakfast traffic and customer engagement. McDonald’s gives classic breakfast sandwich a sweet makeover
- Positive Sentiment: Analyst-style commentary highlighting McDonald’s as a “champion” and a solid dividend name may be helping support the stock, especially as investors look for defensive names with reliable cash flow. McDonald’s: Time Abroad Tells Me This Is Still A Champion
- Neutral Sentiment: Recent coverage also notes MCD has been trading lower alongside a broader pullback, reflecting weakness in momentum rather than a company-specific earnings disappointment. McDonald’s (MCD) Stock Declines While Market Improves: Some Information for Investors
- Neutral Sentiment: Customer-complaint coverage and mixed reactions to a new McFlurry flavor could temper enthusiasm, but these stories appear more consumer-interest oriented than material fundamentals. 12 Common Customer Complaints About McDonald’s
- Negative Sentiment: Some recent commentary suggests the stock has been declining even as the broader market improved, which may signal near-term pressure from investor rotation or technical weakness. McDonald’s (MCD) Stock Declines While Market Improves: Some Information for Investors
Insiders Place Their Bets
In other McDonald’s news, EVP Desiree Ralls-Morrison sold 2,763 shares of McDonald’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $278.36, for a total transaction of $769,108.68. Following the sale, the executive vice president owned 6,268 shares of the company’s stock, valued at $1,744,760.48. The trade was a 30.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Joseph M. Erlinger sold 5,252 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the sale, the insider directly owned 7,734 shares of the company’s stock, valued at $2,198,930.88. The trade was a 40.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,348 shares of company stock worth $2,355,634 in the last 90 days. 0.26% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft set a $325.00 price target on McDonald’s in a research report on Thursday, July 9th. Weiss Ratings downgraded McDonald’s from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. Evercore set a $350.00 price target on shares of McDonald’s in a research note on Friday, May 8th. Robert W. Baird set a $305.00 price target on shares of McDonald’s in a report on Thursday, May 7th. Finally, Cfra upgraded shares of McDonald’s to a “buy” rating in a research report on Friday, May 8th. Fifteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $336.32.
View Our Latest Analysis on McDonald’s
About McDonald’s
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.
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