Bleakley Financial Group LLC Purchases 2,899 Shares of McDonald’s Corporation $MCD

Bleakley Financial Group LLC lifted its position in McDonald’s Corporation (NYSE:MCD) by 13.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,832 shares of the fast-food giant’s stock after acquiring an additional 2,899 shares during the quarter. Bleakley Financial Group LLC’s holdings in McDonald’s were worth $7,589,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Your Advocates Ltd. LLP purchased a new position in shares of McDonald’s in the 4th quarter worth about $27,000. Park Place Capital Corp boosted its holdings in shares of McDonald’s by 95.7% in the 4th quarter. Park Place Capital Corp now owns 92 shares of the fast-food giant’s stock worth $28,000 after buying an additional 45 shares during the last quarter. DecisionPoint Financial LLC boosted its holdings in shares of McDonald’s by 1,616.7% in the 4th quarter. DecisionPoint Financial LLC now owns 103 shares of the fast-food giant’s stock worth $31,000 after buying an additional 97 shares during the last quarter. Entrust Financial LLC purchased a new position in shares of McDonald’s in the 4th quarter worth about $31,000. Finally, Painted Porch Advisors LLC boosted its holdings in shares of McDonald’s by 735.7% in the 3rd quarter. Painted Porch Advisors LLC now owns 117 shares of the fast-food giant’s stock worth $36,000 after buying an additional 103 shares during the last quarter. Institutional investors own 70.29% of the company’s stock.

McDonald’s Stock Down 0.9%

Shares of MCD opened at $279.74 on Wednesday. The business’s 50-day moving average price is $297.94 and its 200-day moving average price is $309.05. McDonald’s Corporation has a twelve month low of $271.98 and a twelve month high of $341.75. The stock has a market cap of $198.76 billion, a PE ratio of 23.06, a P/E/G ratio of 2.81 and a beta of 0.43.

McDonald’s (NYSE:MCD) last announced its quarterly earnings results on Thursday, May 7th. The fast-food giant reported $2.83 earnings per share for the quarter, beating the consensus estimate of $2.74 by $0.09. McDonald’s had a negative return on equity of 442.10% and a net margin of 31.62%.The firm had revenue of $6.52 billion for the quarter, compared to analysts’ expectations of $6.47 billion. During the same period in the prior year, the business posted $2.67 earnings per share. The company’s revenue was up 9.4% on a year-over-year basis. Analysts expect that McDonald’s Corporation will post 12.93 earnings per share for the current fiscal year.

McDonald’s Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd will be given a dividend of $1.86 per share. The ex-dividend date is Tuesday, June 2nd. This represents a $7.44 annualized dividend and a dividend yield of 2.7%. 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 expanding internationally, with new restaurant openings in Kyiv and Lviv, underscoring continued growth in its global footprint and long-term brand resilience. McDonald’s expands in Ukraine; Penetron technology helps protect concrete
• Positive Sentiment: Several articles highlight strong consumer interest in McDonald’s menu and value options, including budget lunch picks and ordering tips, which may support traffic and reinforce the company’s value proposition. 11 best McDonald’s orders to pick up for lunch under $10
• Neutral Sentiment: Holiday-hours and menu-history stories are largely informational and unlikely to materially affect the stock, though they can keep McDonald’s top of mind with consumers. Why McDonald’s Won’t Let You Order Fries For Breakfast
• Neutral Sentiment: A feature on a former McDonald’s executive who helped Burger King succeed is more of an industry-interest piece than a direct catalyst for McDonald’s shares. The former McDonald’s exec who helped make Burger King a success
• Negative Sentiment: Analyst coverage from Zacks highlights inflation pressure, rising beef and energy costs, and supply-chain disruptions that could squeeze franchisee margins and weigh on profitability. Can McDonald’s Support Franchisee Margins Amid Inflation Pressure?
• Negative Sentiment: Reports that McDonald’s is quietly removing a beloved customer perk may raise a small consumer-relations concern, though the impact is likely limited. McDonald’s is quietly getting rid of this beloved customer perk

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Mizuho boosted their price target on shares of McDonald’s from $300.00 to $325.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. JPMorgan Chase & Co. cut their price target on shares of McDonald’s from $325.00 to $305.00 and set an “overweight” rating on the stock in a report on Monday, May 11th. Truist Financial boosted their price target on shares of McDonald’s from $356.00 to $370.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Evercore set a $350.00 price target on shares of McDonald’s in a report on Friday, May 8th. Finally, Royal Bank Of Canada cut their price target on shares of McDonald’s from $330.00 to $305.00 and set a “sector perform” rating on the stock in a report on Friday, May 8th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $334.45.

Insider Buying and Selling at McDonald’s

In other news, insider Joseph M. Erlinger sold 333 shares of the company’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $302.72, for a total transaction of $100,805.76. Following the sale, the insider directly owned 8,067 shares in the company, valued at $2,442,042.24. This represents a 3.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders sold 5,585 shares of company stock worth $1,769,209 in the last quarter. Corporate insiders own 0.26% of the company’s stock.

McDonald’s Company 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.