NEOS Investment Management LLC Purchases 10,630 Shares of McDonald’s Corporation $MCD

NEOS Investment Management LLC grew its position in McDonald’s Corporation (NYSE:MCD) by 10.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 115,562 shares of the fast-food giant’s stock after purchasing an additional 10,630 shares during the period. NEOS Investment Management LLC’s holdings in McDonald’s were worth $31,238,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in MCD. IFC & Insurance Marketing Inc. bought a new stake in shares of McDonald’s in the fourth quarter worth about $29,000. Abound Financial LLC bought a new position in shares of McDonald’s during the 4th quarter valued at about $30,000. Entrust Financial LLC bought a new position in shares of McDonald’s during the 4th quarter valued at about $31,000. Purpose Unlimited Inc. acquired a new position in shares of McDonald’s in the 4th quarter valued at approximately $31,000. Finally, GKV Capital Management Co. Inc. acquired a new position in shares of McDonald’s in the 1st quarter valued at approximately $33,000. Institutional investors and hedge funds own 70.29% of the company’s stock.

Insider Transactions at McDonald’s

In other McDonald’s news, insider Joseph Erlinger sold 5,252 shares of the company’s stock in a transaction 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 directly owned 7,734 shares of the company’s stock, valued at approximately $2,198,930.88. This represents a 40.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.26% of the company’s stock.

Analyst Upgrades and Downgrades

MCD has been the topic of several research analyst reports. JPMorgan Chase & Co. dropped their target price 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. Deutsche Bank Aktiengesellschaft upped their price target on shares of McDonald’s from $335.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. UBS Group set a $305.00 price objective on shares of McDonald’s in a report on Wednesday, August 5th. Citigroup boosted their price objective on shares of McDonald’s from $335.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $350.00 target price on shares of McDonald’s in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, McDonald’s presently has an average rating of “Moderate Buy” and a consensus price target of $321.35.

Key McDonald’s News

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

• Positive Sentiment: Valuation may attract contrarian buyers: McDonald’s is trading at roughly 19.15 times earnings, below the restaurant industry’s average multiple. Analysts point to global expansion, digital initiatives and new product efforts as possible catalysts for a recovery. McDonald’s Trades at 19.15X P/E: Is This a Discounted Opportunity?
• Positive Sentiment: Promotional activity could support traffic: McDonald’s is bringing back popular menu items, launching a Texas-themed meal with collectible cups and promoting limited-time products. These campaigns may encourage visits and improve near-term sales, though their financial impact is unproven. McDonald’s launches exclusive state-themed meal
• Neutral Sentiment: Brand visibility remains high: Coverage of McDonald’s breakfast offerings, Grimace appearances, collectible merchandise and Warren Buffett’s long-standing affinity for the brand reinforces consumer awareness but is unlikely to materially change earnings expectations. The best McDonald’s breakfast sandwich isn’t on the menu
• Negative Sentiment: U.S. consumer weakness is the main concern: Reports describe consumer-focused stocks, including McDonald’s, as signaling softer spending in middle America. Articles also highlight customers shifting to competing fast-food chains, increasing pressure on traffic and comparable sales. Wall Street worried about consumer stocks
• Negative Sentiment: Value positioning remains problematic: Coverage says McDonald’s $3 value offering has not fully delivered for customers or the company, raising concerns about affordability, franchisee economics and the effectiveness of discounting. Why you can’t find McDonald’s $3 value menu

McDonald’s Stock Performance

MCD opened at $255.69 on Friday. The business’s 50-day simple moving average is $269.67 and its 200 day simple moving average is $289.39. McDonald’s Corporation has a 52-week low of $255.49 and a 52-week high of $341.75. The firm has a market capitalization of $180.94 billion, a PE ratio of 20.77, a PEG ratio of 2.80 and a beta of 0.41.

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

McDonald’s Announces Dividend

The company 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 dividend of $1.86 per share. This represents a $7.44 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Tuesday, September 1st. McDonald’s’s payout ratio is presently 60.44%.

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.