Rep. Richard McCormick Unloads Shares of McDonald’s Corporation (NYSE:MCD)

Representative Richard McCormick (Republican-Georgia) recently sold shares of McDonald’s Corporation (NYSE:MCD). In a filing disclosed on August 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in McDonald’s stock on July 30th. The trade occurred in the Representative’s “GROWTH PARTNERS ROTH IRA” account.

Representative Richard McCormick also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of NextEra Energy (NYSE:NEE) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of L3Harris Technologies (NYSE:LHX) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Intercontinental Exchange (NYSE:ICE) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Illinois Tool Works (NYSE:ITW) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Emerson Electric (NYSE:EMR) on 7/30/2026.

McDonald’s Stock Up 1.5%

Shares of McDonald’s stock traded up $3.87 during trading on Tuesday, reaching $269.40. The company’s stock had a trading volume of 757,732 shares, compared to its average volume of 3,888,327. McDonald’s Corporation has a 52-week low of $260.96 and a 52-week high of $341.75. The firm’s 50-day moving average is $273.56 and its two-hundred day moving average is $294.81. The company has a market cap of $190.64 billion, a price-to-earnings ratio of 21.82, a PEG ratio of 3.05 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, topping the consensus estimate 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 business had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $7.13 billion. During the same period in the previous year, the firm posted $3.19 earnings per share. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. On average, equities research analysts anticipate that McDonald’s Corporation will post 12.88 EPS for the current year.

McDonald’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Tuesday, September 1st will be paid a $1.86 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.8%. McDonald’s’s dividend payout ratio is 60.44%.

Insider Activity

In related news, EVP Desiree Ralls-Morrison sold 2,763 shares of McDonald’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $278.36, for a total transaction of $769,108.68. Following the completion of the transaction, the executive vice president directly owned 6,268 shares of the company’s stock, valued at $1,744,760.48. This trade represents a 30.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Joseph M. Erlinger sold 5,252 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was 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 in the company, valued at $2,198,930.88. The trade was a 40.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 8,348 shares of company stock valued at $2,355,634. 0.26% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

MCD has been the topic of several analyst reports. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $295.00 target price on shares of McDonald’s in a research note on Wednesday, August 5th. Weiss Ratings cut McDonald’s from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. KeyCorp lowered their price target on McDonald’s from $315.00 to $305.00 and set an “overweight” rating for the company in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft increased their price objective on McDonald’s from $335.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, Rothschild & Co Redburn raised McDonald’s from a “sell” rating to a “neutral” rating and boosted their target price for the company from $260.00 to $306.00 in a research note on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $325.44.

Key Headlines Impacting McDonald’s

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

• Positive Sentiment: McDonald’s is introducing and bringing back several limited-time products, including the Hello Kitty and Godzilla Happy Meal, seasonal drinks and other fan favorites. These promotions could support traffic, customer engagement and near-term sales, although their financial impact is uncertain. New McDonald’s Happy Meal combines Hello Kitty and Godzilla
• Positive Sentiment: A new menu strategy aimed at attracting afternoon customers is positioned as a direct challenge to Starbucks, potentially creating an additional sales period and improving restaurant productivity. McDonald’s Takes Direct Aim at Starbucks
• Positive Sentiment: An employee scheduling and work-app initiative reportedly reduced missed shifts at one McDonald’s location, suggesting technology may help improve labor efficiency and store execution across the system. McDonald’s work app helps reduce missed shifts
• Neutral Sentiment: Analysts and financial commentary remain mixed: one bullish view sees substantial upside toward the consensus price target near $316, while another valuation analysis considers the stock roughly fairly valued despite modestly attractive multiples. The company’s latest reported quarter showed earnings above estimates, but revenue slightly missed expectations.
• Negative Sentiment: McDonald’s and other consumer-facing companies are highlighting economic pressure on customers, raising concerns that lower-income consumers may continue trading down or reducing restaurant visits. McDonald’s and Whirlpool CEOs flag the same concern on the economy
• Negative Sentiment: Burger King is increasing competitive pressure while beef, labor and operating costs remain elevated. A more aggressive value and promotional environment could weigh on McDonald’s margins, pricing power and U.S. comparable sales. Burger King is taking a bite out of McDonald’s lunch

Hedge Funds Weigh In On McDonald’s

Hedge funds and other institutional investors have recently modified their holdings of the stock. Hamilton Point Investment Advisors LLC lifted its stake in shares of McDonald’s by 1.8% in the 4th quarter. Hamilton Point Investment Advisors LLC now owns 1,750 shares of the fast-food giant’s stock valued at $535,000 after purchasing an additional 31 shares during the period. Encompass More Asset Management raised its holdings in McDonald’s by 1.5% in the fourth quarter. Encompass More Asset Management now owns 2,120 shares of the fast-food giant’s stock worth $648,000 after purchasing an additional 32 shares in the last quarter. Richmond Investment Services LLC lifted its position in McDonald’s by 1.4% during the fourth quarter. Richmond Investment Services LLC now owns 2,278 shares of the fast-food giant’s stock valued at $696,000 after buying an additional 32 shares during the period. Papamarkou Wellner Asset Management inc. boosted its holdings in shares of McDonald’s by 0.4% during the 4th quarter. Papamarkou Wellner Asset Management inc. now owns 8,809 shares of the fast-food giant’s stock valued at $2,692,000 after buying an additional 32 shares in the last quarter. Finally, Physician Wealth Advisors Inc. grew its position in shares of McDonald’s by 1.6% in the 4th quarter. Physician Wealth Advisors Inc. now owns 2,102 shares of the fast-food giant’s stock worth $642,000 after buying an additional 33 shares during the period. Hedge funds and other institutional investors own 70.29% of the company’s stock.

About Representative McCormick

Rich McCormick (Republican Party) is a member of the U.S. House, representing Georgia’s 7th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

McCormick (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 7th Congressional District. He declared candidacy for the 2026 election.

Rich McCormick lives in Suwanee, Georgia. McCormick served in the U.S. Marine Corps and the U.S. Navy. He earned an M.B.A. from National University and an M.D. from Morehouse School of Medicine. McCormick’s career experience includes working as an emergency medicine physician with Gwinnett Medical Center and Northside Hospital, a Marine officer instructor with Georgia Tech and Morehouse College, and a pilot.

McDonald’s Company 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.