North Dakota State Investment Board acquired a new stake in shares of McDonald’s Corporation (NYSE:MCD – Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 24,517 shares of the fast-food giant’s stock, valued at approximately $7,493,000.
Several other institutional investors and hedge funds have also bought and sold shares of MCD. Your Advocates Ltd. LLP acquired a new stake in McDonald’s during the 4th quarter valued at approximately $27,000. Park Place Capital Corp lifted its stake in McDonald’s by 95.7% during the 4th quarter. Park Place Capital Corp now owns 92 shares of the fast-food giant’s stock valued at $28,000 after acquiring an additional 45 shares during the period. DecisionPoint Financial LLC lifted its stake in McDonald’s by 1,616.7% during the 4th quarter. DecisionPoint Financial LLC now owns 103 shares of the fast-food giant’s stock valued at $31,000 after acquiring an additional 97 shares during the period. Painted Porch Advisors LLC lifted its stake in McDonald’s by 735.7% during the 3rd quarter. Painted Porch Advisors LLC now owns 117 shares of the fast-food giant’s stock valued at $36,000 after acquiring an additional 103 shares during the period. Finally, Saranac Partners Ltd acquired a new stake in McDonald’s during the 3rd quarter valued at approximately $37,000. 70.29% of the stock is currently owned by institutional investors and hedge funds.
McDonald’s Stock Up 0.0%
McDonald’s stock opened at $276.42 on Monday. McDonald’s Corporation has a 52-week low of $271.98 and a 52-week high of $341.75. The firm has a market capitalization of $196.40 billion, a price-to-earnings ratio of 22.79, a PEG ratio of 2.75 and a beta of 0.43. The company has a fifty day simple moving average of $304.30 and a 200-day simple moving average of $310.02.
Insider Transactions at McDonald’s
In related news, EVP Jonathan Banner sold 6,201 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $333.29, for a total value of $2,066,731.29. Following the completion of the sale, the executive vice president owned 2,291 shares of the company’s stock, valued at approximately $763,567.39. This represents a 73.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Joseph M. Erlinger sold 333 shares of the company’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $302.72, for a total transaction of $100,805.76. Following the completion of the sale, the insider directly owned 8,067 shares of the company’s stock, valued at $2,442,042.24. This represents a 3.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 12,119 shares of company stock valued at $3,945,973 in the last three months. 0.26% of the stock is currently owned by insiders.
Key McDonald’s News
Here are the key news stories impacting McDonald’s this week:
- Positive Sentiment: Several analysts and market commentators argue that McDonald’s looks oversold and inexpensive relative to its historical valuation, with strong fundamentals and long-term growth prospects potentially supporting a rebound. McDonald’s Is the Cheapest It’s Been in Years—Does That Make It a Buy?
- Positive Sentiment: McDonald’s landed a major naming-rights deal for the Chicago Fire stadium, which adds brand visibility and reinforces the company’s deep marketing reach. McDonald’s Lands Naming Rights Deal for $750 Million Chicago Fire Stadium
- Neutral Sentiment: McDonald’s remains a widely watched dividend stalwart, with its long record of shareholder payouts keeping it on income investors’ radar. Don’t Look Now, But 4 Blue-Chip Giants Could Be the Newest Dividend Kings
- Neutral Sentiment: News coverage also highlights that McDonald’s is a trending stock and a subject of debate among investors, but this mostly reflects attention rather than a clear new catalyst. McDonald’s Corporation (MCD) Is a Trending Stock: Facts to Know Before Betting on It
- Negative Sentiment: Attention is centered on weaker U.S. company-run restaurant margins, with investors worried about pricing pressure, cost inflation, and the ownership mix affecting profitability. McDonald’s Company-Run Margins Draw Focus: Can Ownership Mix Help?
- Negative Sentiment: Commentary from Jim Cramer and others points to the stock’s recent weakness, with concerns that McDonald’s has been “breaking down” despite being a defensive name. Jim Cramer on McDonald’s: “QSR I Think Is the Better”
- Negative Sentiment: Broader consumer cost pressures, including rising restaurant prices and higher gas prices, may weigh on traffic and spending at quick-service restaurants like McDonald’s. Grocery and Restaurant Prices Post Biggest Jump Since 2022
Wall Street Analysts Forecast Growth
Several analysts have commented on MCD shares. JPMorgan Chase & Co. decreased their price objective on shares of McDonald’s from $325.00 to $305.00 and set an “overweight” rating for the company in a research note on Monday, May 11th. Wells Fargo & Company decreased their price objective on shares of McDonald’s from $355.00 to $320.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Sanford C. Bernstein restated a “market perform” rating and set a $340.00 price objective on shares of McDonald’s in a research note on Thursday, February 12th. Piper Sandler boosted their target price on shares of McDonald’s from $323.00 to $325.00 and gave the company a “neutral” rating in a research note on Thursday, February 12th. Finally, Royal Bank Of Canada decreased their target price on shares of McDonald’s from $330.00 to $305.00 and set a “sector perform” rating for the company in a research note on Friday, May 8th. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $334.45.
View Our Latest Analysis on MCD
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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