Rep. Jefferson Shreve Acquires Shares of McDonald’s Co. (NYSE:MCD)

Representative Jefferson Shreve (R-Indiana) recently bought shares of McDonald’s Co. (NYSE:MCD). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in McDonald’s stock on April 11th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
• Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.

McDonald’s Trading Up 0.1 %

Shares of NYSE:MCD opened at $313.75 on Friday. The firm has a market cap of $224.35 billion, a price-to-earnings ratio of 27.55, a PEG ratio of 3.10 and a beta of 0.57. The stock’s 50-day moving average price is $310.10 and its two-hundred day moving average price is $300.12. McDonald’s Co. has a 12-month low of $243.53 and a 12-month high of $326.32.

McDonald’s (NYSE:MCD) last released its earnings results on Thursday, May 1st. The fast-food giant reported $2.67 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.67. The business had revenue of $5.96 billion for the quarter, compared to analysts’ expectations of $6.17 billion. McDonald’s had a net margin of 31.73% and a negative return on equity of 181.63%. The company’s quarterly revenue was down 3.5% on a year-over-year basis. During the same period last year, the company earned $2.70 earnings per share. As a group, research analysts forecast that McDonald’s Co. will post 12.25 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Diversified Trust Co boosted its position in McDonald’s by 4.4% during the 4th quarter. Diversified Trust Co now owns 8,433 shares of the fast-food giant’s stock valued at $2,445,000 after purchasing an additional 355 shares during the period. Innova Wealth Partners bought a new stake in McDonald’s in the 4th quarter valued at about $242,000. InvesTrust acquired a new position in McDonald’s during the 4th quarter valued at about $8,015,000. Douglas Lane & Associates LLC grew its position in McDonald’s by 23.4% in the 4th quarter. Douglas Lane & Associates LLC now owns 2,359 shares of the fast-food giant’s stock worth $684,000 after purchasing an additional 447 shares during the last quarter. Finally, First Hawaiian Bank increased its stake in shares of McDonald’s by 1.7% in the fourth quarter. First Hawaiian Bank now owns 11,191 shares of the fast-food giant’s stock valued at $3,244,000 after purchasing an additional 184 shares during the period. 70.29% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Christopher J. Kempczinski sold 10,500 shares of the company’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $310.05, for a total value of $3,255,525.00. Following the completion of the sale, the chief executive officer now owns 32,756 shares of the company’s stock, valued at $10,155,997.80. This represents a 24.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Tiffanie L. Boyd sold 1,000 shares of the firm’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $309.27, for a total transaction of $309,270.00. Following the transaction, the executive vice president now directly owns 5,564 shares in the company, valued at approximately $1,720,778.28. The trade was a 15.23 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 28,136 shares of company stock valued at $8,676,247. Insiders own 0.25% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on MCD shares. Truist Financial set a $350.00 target price on McDonald’s in a research report on Friday, May 2nd. Wedbush lifted their price objective on McDonald’s from $320.00 to $330.00 and gave the company an “outperform” rating in a research note on Tuesday, February 11th. Erste Group Bank raised shares of McDonald’s from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 17th. KeyCorp lifted their price target on shares of McDonald’s from $335.00 to $340.00 and gave the company an “overweight” rating in a research report on Thursday, March 27th. Finally, Northcoast Research lowered shares of McDonald’s from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 6th. Eleven equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $325.91.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

McDonald’s Company Profile

McDonald’s Corp. engages in the operation and franchising of restaurants. It operates through the following segments: U.S., International Operated Markets, and International Developmental Licensed Markets and Corporate. The U.S. segment focuses its operations on the United States. The International Operated Markets segment consists of operations and the franchising of restaurants in Australia, Canada, France, Germany, Italy, the Netherlands, Spain, and the U.K.