McDonald’s Corporation $MCD Stock Holdings Boosted by Prairie Advisory LLC

Prairie Advisory LLC raised its stake in shares of McDonald’s Corporation (NYSE:MCD) by 100.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,858 shares of the fast-food giant’s stock after purchasing an additional 2,433 shares during the period. Prairie Advisory LLC’s holdings in McDonald’s were worth $1,122,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Purpose Unlimited Inc. purchased a new stake in shares of McDonald’s during the fourth quarter worth about $31,000. GKV Capital Management Co. Inc. acquired a new position in shares of McDonald’s during the 1st quarter worth about $33,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of McDonald’s during the 1st quarter worth about $43,000. Burkett Financial Services LLC lifted its stake in McDonald’s by 2,312.5% in the 3rd quarter. Burkett Financial Services LLC now owns 193 shares of the fast-food giant’s stock valued at $45,000 after buying an additional 185 shares in the last quarter. Finally, POM Investment Strategies LLC lifted its stake in McDonald’s by 46.2% in the 2nd quarter. POM Investment Strategies LLC now owns 174 shares of the fast-food giant’s stock valued at $47,000 after buying an additional 55 shares in the last quarter. 70.29% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. HSBC lowered their price objective on McDonald’s from $357.00 to $356.00 and set a “buy” rating on the stock in a report on Wednesday, August 5th. Gordon Haskett reduced their target price on McDonald’s from $315.00 to $285.00 and set a “buy” rating for the company in a report on Thursday, September 24th. Loop Capital reduced their target price on McDonald’s from $301.00 to $273.00 and set a “hold” rating for the company in a report on Wednesday, August 5th. Tigress Financial raised their target price on McDonald’s from $385.00 to $390.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Finally, Piper Sandler set a $286.00 price target on McDonald’s in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $295.94.

Key Headlines Impacting McDonald’s

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

• Positive Sentiment: Analyst commentary describes McDonald’s as an undervalued opportunity, citing the company’s powerful franchise model, global scale, cash-generation potential and ability to benefit from digital sales and strategic initiatives. Another analysis argues investors should focus on the company’s underlying operating performance rather than short-term market noise. McDonald’s: An Underrated Opportunity Hiding In Plain Sight Tune Out The Noise, This Is What Matters For McDonald’s
• Positive Sentiment: McDonald’s is introducing or promoting new chicken offerings, which could support traffic and menu innovation, although the reported product is not available to all customers or markets. McDonald’s has launched a new chicken product
• Neutral Sentiment: Coverage of the appeal of McDonald’s Chicken McNuggets and a possible sauce addition to the McMuffin reinforces brand engagement, but is unlikely to materially affect near-term revenue or profits. The Real Reason McDonald’s Chicken Nuggets Are So Good Your McDonald’s McMuffin Is Missing This Special Sauce
• Positive Sentiment: The return of Disney-villain Boo Buckets for Halloween and other seasonal promotions could generate incremental visits and merchandise interest, though the financial impact is likely modest. McDonald’s Boo Buckets return with Disney villains theme
• Negative Sentiment: A lawsuit alleges McDonald’s used AI-related practices to “nickel-and-dime” customers. The claims have not been established, but the litigation could create reputational, regulatory and legal-cost risks if it gains traction. Lawsuit accuses McDonald’s of AI scheme

McDonald’s Stock Performance

Shares of NYSE:MCD traded down $0.07 during midday trading on Monday, hitting $242.91. The company’s stock had a trading volume of 2,269,558 shares, compared to its average volume of 4,257,142. The business’s 50 day simple moving average is $252.05 and its 200 day simple moving average is $271.83. The company has a market cap of $171.89 billion, a P/E ratio of 19.75, a price-to-earnings-growth ratio of 2.72 and a beta of 0.44. McDonald’s Corporation has a 12-month low of $229.20 and a 12-month high of $341.75.

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, topping analysts’ consensus estimates 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 firm had revenue of $7.10 billion for the quarter, compared to analyst estimates of $7.13 billion. During the same period in the previous year, the business posted $3.19 earnings per share. McDonald’s’s quarterly revenue was up 3.7% on a year-over-year basis. On average, sell-side analysts predict that McDonald’s Corporation will post 12.84 earnings per share for the current fiscal year.

McDonald’s Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be issued a $1.93 dividend. This represents a $7.72 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Tuesday, December 1st. This is a positive change from McDonald’s’s previous quarterly dividend of $1.86. McDonald’s’s payout ratio is currently 60.44%.

McDonald’s Company Profile

McDonald’s Corporation is a global quick-service restaurant company that operates and franchises restaurants under the McDonald’s brand. Its restaurants serve a menu that includes hamburgers, cheeseburgers, chicken sandwiches, French fries, breakfast items, desserts, salads, beverages and coffee. Offerings vary by market, and many locations provide drive-thru service, delivery and digital ordering through the McDonald’s mobile app.

The company operates through a heavily franchised business model, with restaurants owned and operated by independent franchisees, affiliates and the company itself.