BTG Pactual Asset Management US LLC Acquires New Shares in McDonald’s Corporation $MCD

BTG Pactual Asset Management US LLC acquired a new position in McDonald’s Corporation (NYSE:MCD) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 2,810 shares of the fast-food giant’s stock, valued at approximately $760,000.

A number of other hedge funds have also bought and sold shares of the business. IFC & Insurance Marketing Inc. purchased a new stake in shares of McDonald’s during the 4th quarter valued at about $29,000. Abound Financial LLC purchased a new stake in McDonald’s in the fourth quarter worth approximately $30,000. Purpose Unlimited Inc. purchased a new stake in McDonald’s in the fourth quarter worth approximately $31,000. Entrust Financial LLC purchased a new stake in McDonald’s in the fourth quarter worth approximately $31,000. Finally, GKV Capital Management Co. Inc. bought a new stake in McDonald’s in the 1st quarter worth approximately $33,000. Hedge funds and other institutional investors own 70.29% of the company’s stock.

Key Headlines Impacting McDonald’s

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

• Positive Sentiment: McDonald’s is bringing back its popular Spicy McNuggets on September 1 and introducing limited-time or exclusive meals. The promotions could attract customers and improve traffic, although their financial impact remains uncertain. McDonald’s (MCD) Stock Plunges to 52-Week Low Despite Spicy McNuggets Comeback
• Positive Sentiment: Analysts are described as moderately optimistic despite McDonald’s lagging the S&P 500 over the past year. The company’s franchise-heavy model and recurring cash generation may provide longer-term support, while some traditional valuation measures suggest the shares could be relatively inexpensive. Is McDonald’s Stock Underperforming the S&P 500? McDonald’s (MCD) Stock Looks Fairly Priced With Limited Valuation Upside
• Neutral Sentiment: McDonald’s and Taco Bell have launched new energy drinks close together, signaling an effort to capture afternoon demand in an increasingly crowded beverage category. The initiative could create incremental sales but also raises competitive and marketing risks. McDonald’s and Taco Bell Are Fighting Over Your 3 P.M. Pick-Me-Up — Here’s Who’s Winning
• Neutral Sentiment: Several articles discuss menu customization, returning fan-favorite items, regional offerings and operational topics such as ice-cream machines and breakfast preparation. These stories may influence customer engagement but provide limited evidence of a material near-term earnings effect. The easy McDonald’s ordering trick for a basic hamburger with extra flavor A Fan-Favorite McDonald’s Menu Item Is Back
• Negative Sentiment: The most important bearish signal is that MCD recently touched a 52-week low amid declining guest counts. This suggests current promotions are viewed as necessary traffic-recovery measures rather than proof that demand has already stabilized. McDonald’s (MCD) Stock Plunges to 52-Week Low Despite Spicy McNuggets Comeback

McDonald’s Trading Down 0.3%

Shares of MCD stock opened at $264.26 on Tuesday. McDonald’s Corporation has a 12 month low of $259.85 and a 12 month high of $341.75. The stock has a market cap of $187.00 billion, a P/E ratio of 21.47, a P/E/G ratio of 2.97 and a beta of 0.41. The company has a 50 day simple moving average of $270.55 and a two-hundred day simple moving average of $291.04.

McDonald’s (NYSE:MCD) last issued its quarterly earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share for the quarter, topping the consensus estimate of $3.32 by $0.06. McDonald’s had a net margin of 31.72% and a negative return on equity of 572.06%. The business had revenue of $7.10 billion for the quarter, compared to analysts’ expectations of $7.13 billion. During the same quarter last year, the company posted $3.19 EPS. The company’s revenue was up 3.7% compared to the same quarter last year. As a group, equities analysts forecast that McDonald’s Corporation will post 12.87 earnings per share for the current year.

McDonald’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Tuesday, September 1st will be issued a $1.86 dividend. This represents a $7.44 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 1st. McDonald’s’s dividend payout ratio (DPR) is currently 60.44%.

Insider Buying and Selling

In related news, insider Joseph M. Erlinger sold 5,252 shares of McDonald’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 transaction, the insider directly owned 7,734 shares in the company, valued at approximately $2,198,930.88. The trade was a 40.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.26% of the company’s stock.

Wall Street Analysts Forecast Growth

MCD has been the subject of a number of research reports. Guggenheim decreased their target price on shares of McDonald’s from $320.00 to $290.00 and set a “neutral” rating for the company in a research note on Wednesday, August 5th. Argus dropped their price target on McDonald’s from $320.00 to $310.00 and set a “buy” rating on the stock in a research note on Wednesday, August 26th. BTIG Research reaffirmed a “buy” rating and issued a $350.00 price objective on shares of McDonald’s in a report on Wednesday, August 5th. Piper Sandler set a $286.00 price objective on McDonald’s in a research report on Tuesday, August 4th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on McDonald’s from $335.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. 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. According to MarketBeat, McDonald’s has a consensus rating of “Moderate Buy” and a consensus price target of $322.96.

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.