Kintra Wealth LLC Has $1.40 Million Position in McDonald’s Corporation $MCD

Kintra Wealth LLC boosted its position in shares of McDonald’s Corporation (NYSE:MCD) by 71.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,132 shares of the fast-food giant’s stock after purchasing an additional 2,133 shares during the period. Kintra Wealth LLC’s holdings in McDonald’s were worth $1,397,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in MCD. POM Investment Strategies LLC boosted its holdings in McDonald’s by 46.2% in the second quarter. POM Investment Strategies LLC now owns 174 shares of the fast-food giant’s stock worth $47,000 after purchasing an additional 55 shares in the last quarter. Nilsine Partners LLC increased its position in McDonald’s by 4.2% during the second quarter. Nilsine Partners LLC now owns 20,271 shares of the fast-food giant’s stock worth $5,479,000 after acquiring an additional 810 shares during the period. Saudi Central Bank raised its position in shares of McDonald’s by 19.3% during the second quarter. Saudi Central Bank now owns 144,728 shares of the fast-food giant’s stock valued at $38,874,000 after buying an additional 23,442 shares during the last quarter. Advisory Solutions Group LLC bought a new stake in shares of McDonald’s in the 2nd quarter worth approximately $558,000. Finally, Compass Financial Management LLC bought a new position in McDonald’s in the second quarter worth $117,000. 70.29% of the stock is owned by institutional investors.

McDonald’s Price Performance

Shares of NYSE MCD opened at $255.69 on Monday. The company’s fifty day moving average is $269.67 and its 200-day moving average is $289.12. The stock has a market cap of $180.94 billion, a price-to-earnings ratio of 20.77, a P/E/G ratio of 2.76 and a beta of 0.41. McDonald’s Corporation has a twelve month low of $255.49 and a twelve month high of $341.75.

McDonald’s (NYSE:MCD) last announced its quarterly earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $7.13 billion. During the same period in the prior year, the company earned $3.19 earnings per share. The company’s revenue for the quarter was up 3.7% compared to the same quarter last year. On average, research analysts anticipate that McDonald’s Corporation will post 12.87 EPS for the current fiscal year.

McDonald’s Announces Dividend

The company also recently disclosed 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. The ex-dividend date is Tuesday, September 1st. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.9%. McDonald’s’s dividend payout ratio (DPR) is presently 60.44%.

McDonald’s News Roundup

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

Insider Buying and Selling at McDonald’s

In other news, insider Joseph Erlinger sold 5,252 shares of McDonald’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $284.32, for a total value of $1,493,248.64. Following the sale, the insider directly owned 7,734 shares in the company, valued at $2,198,930.88. This trade represents 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 available at the SEC website. 0.26% of the stock is owned by corporate insiders.

Analyst Ratings Changes

MCD has been the topic of a number of recent research reports. UBS Group set a $305.00 price objective on McDonald’s in a report on Wednesday, August 5th. TD Cowen reaffirmed a “hold” rating on shares of McDonald’s in a research note on Tuesday, August 4th. Evercore set a $320.00 price objective on McDonald’s in a research note on Thursday, July 23rd. Guggenheim dropped 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. Finally, Mizuho dropped their target price on McDonald’s from $300.00 to $290.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, McDonald’s presently has a consensus rating of “Moderate Buy” and an average price target of $321.35.

McDonald’s 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.