McDonald’s Corporation $MCD Shares Sold by Frank Rimerman Advisors LLC

Frank Rimerman Advisors LLC reduced its position in shares of McDonald’s Corporation (NYSE:MCD) by 30.5% during the third quarter, Holdings Channel reports. The firm owned 7,323 shares of the fast-food giant’s stock after selling 3,211 shares during the period. Frank Rimerman Advisors LLC’s holdings in McDonald’s were worth $1,691,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp purchased a new stake in McDonald’s in the 2nd quarter valued at about $1,359,276,000. Diamant Asset Management Inc. lifted its position in shares of McDonald’s by 30,979.0% during the 1st quarter. Diamant Asset Management Inc. now owns 2,596,340 shares of the fast-food giant’s stock worth $806,917,000 after buying an additional 2,587,986 shares in the last quarter. Bessemer Group Inc. boosted its stake in shares of McDonald’s by 132.1% in the 1st quarter. Bessemer Group Inc. now owns 1,325,880 shares of the fast-food giant’s stock worth $412,071,000 after buying an additional 754,596 shares during the last quarter. State Street Corp boosted its stake in shares of McDonald’s by 1.8% in the 2nd quarter. State Street Corp now owns 36,080,505 shares of the fast-food giant’s stock worth $9,752,921,000 after buying an additional 646,675 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of McDonald’s by 17.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,637,785 shares of the fast-food giant’s stock worth $1,130,587,000 after buying an additional 533,448 shares during the last quarter. 70.29% of the stock is owned by institutional investors.

McDonald’s Stock Performance

NYSE MCD opened at $242.99 on Friday. The company has a market capitalization of $171.95 billion, a PE ratio of 19.74, a price-to-earnings-growth ratio of 2.72 and a beta of 0.44. McDonald’s Corporation has a 52-week low of $229.20 and a 52-week high of $341.75. The company has a 50-day simple moving average of $252.05 and a 200 day simple moving average of $272.09.

McDonald’s (NYSE:MCD) last released its 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. The firm had revenue of $7.10 billion for the quarter, compared to analysts’ expectations of $7.13 billion. McDonald’s had a net margin of 31.72% and a negative return on equity of 572.06%. The company’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period in the previous year, the company earned $3.19 earnings per share. As a group, analysts forecast that McDonald’s Corporation will post 12.84 EPS for the current fiscal year.

McDonald’s Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be paid a dividend of $1.93 per share. This represents a $7.72 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Tuesday, December 1st. This is an increase from McDonald’s’s previous quarterly dividend of $1.86. McDonald’s’s dividend payout ratio (DPR) is 60.44%.

Trending Headlines about McDonald’s

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

• Positive Sentiment: McDonald’s is bringing back a popular limited-time meal, while Halloween Boo Buckets are returning with a Disney-themed design. The promotions could support traffic, customer engagement and comparable-store sales. McDonald’s Is Bringing Back a Fan-Favorite Meal
• Positive Sentiment: McDonald’s dividend remains a key attraction: the company has joined the “Dividend King” group after decades of consecutive increases. Income-oriented investors may view the yield above 3% and recurring franchise cash flow favorably. McDonald’s Dividend King Status
• Positive Sentiment: Unusually heavy call-option activity and a broader rotation from technology into beaten-down consumer stocks may be providing additional short-term support for MCD. Consumer Stocks Get a Lift as Investors Rotate Out of Tech
• Neutral Sentiment: Analysts and market commentators generally see the stock as near fair value following its dividend increase. McDonald’s has fallen substantially this year, but investors still need evidence that cash-flow and earnings growth can justify the valuation. McDonald’s May Trade Near Fair Value
• Neutral Sentiment: The company’s planned multibillion-dollar modernization, including drive-thru technology and the “Archy” AI initiative, could improve efficiency over time, although execution and return-on-investment risks remain. McDonald’s Overhaul and AI Drive-Thru
• Negative Sentiment: McDonald’s faces a challenging third-quarter outlook, with weak U.S. sales and questions about value-menu execution. Renewed promotions and operational fixes will need to translate into sustained traffic and earnings growth. Challenging Q3 Outlook
• Negative Sentiment: Some investors argue that an attractive dividend alone is insufficient because the stock’s valuation leaves limited room for disappointment if sales and earnings remain pressured. McDonald’s Dividend Yield and Valuation

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Freedom Capital raised McDonald’s from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. HC Wainwright set a $250.00 price target on McDonald’s in a report on Friday, September 25th. Royal Bank Of Canada cut their price objective on McDonald’s from $290.00 to $285.00 and set a “sector perform” rating on the stock in a research report on Thursday, September 24th. Evercore cut their price objective on McDonald’s from $320.00 to $300.00 and set an “outperform” rating on the stock in a research report on Thursday, September 24th. Finally, UBS Group set a $260.00 price objective on McDonald’s in a research note on Thursday, September 24th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $295.94.

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.