McDonald’s Corporation $MCD Shares Sold by Cibc World Market Inc.

Cibc World Market Inc. trimmed its holdings in shares of McDonald’s Corporation (NYSE:MCD) by 2.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 437,958 shares of the fast-food giant’s stock after selling 9,627 shares during the period. Cibc World Market Inc. owned about 0.06% of McDonald’s worth $133,091,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. WD Rutherford LLC grew its holdings in shares of McDonald’s by 1.0% in the 3rd quarter. WD Rutherford LLC now owns 3,261 shares of the fast-food giant’s stock worth $991,000 after acquiring an additional 33 shares during the last quarter. Redhawk Wealth Advisors Inc. boosted its position in shares of McDonald’s by 1.4% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 2,423 shares of the fast-food giant’s stock valued at $736,000 after purchasing an additional 34 shares during the period. Symmetry Partners LLC increased its stake in McDonald’s by 2.0% in the 3rd quarter. Symmetry Partners LLC now owns 1,771 shares of the fast-food giant’s stock worth $538,000 after purchasing an additional 34 shares in the last quarter. Jackson Hole Capital Partners LLC raised its holdings in McDonald’s by 0.3% during the 3rd quarter. Jackson Hole Capital Partners LLC now owns 11,032 shares of the fast-food giant’s stock worth $3,352,000 after buying an additional 34 shares during the period. Finally, NorthStar Asset Management LLC NJ raised its holdings in McDonald’s by 3.6% during the 2nd quarter. NorthStar Asset Management LLC NJ now owns 1,003 shares of the fast-food giant’s stock worth $293,000 after buying an additional 35 shares during the period. Institutional investors own 70.29% of the company’s stock.

McDonald’s Stock Up 0.2%

Shares of NYSE:MCD opened at $326.15 on Wednesday. The firm has a fifty day moving average of $311.90 and a two-hundred day moving average of $307.79. McDonald’s Corporation has a 12-month low of $283.47 and a 12-month high of $328.06. The firm has a market capitalization of $232.27 billion, a P/E ratio of 27.83, a price-to-earnings-growth ratio of 3.29 and a beta of 0.52.

McDonald’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd will be given a dividend of $1.86 per share. The ex-dividend date of this dividend is Tuesday, March 3rd. This represents a $7.44 dividend on an annualized basis and a yield of 2.3%. McDonald’s’s dividend payout ratio (DPR) is presently 63.48%.

Analysts Set New Price Targets

MCD has been the subject of several recent analyst reports. Sanford C. Bernstein reiterated an “overweight” rating and issued a $372.00 target price on shares of McDonald’s in a report on Wednesday, January 7th. BMO Capital Markets reaffirmed an “outperform” rating on shares of McDonald’s in a research note on Thursday, November 6th. Robert W. Baird boosted their target price on shares of McDonald’s from $322.00 to $325.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. Citigroup reduced their target price on McDonald’s from $381.00 to $375.00 and set a “buy” rating for the company in a report on Tuesday, October 21st. Finally, TD Cowen reiterated a “hold” rating on shares of McDonald’s in a report on Thursday, January 8th. Fourteen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $332.38.

Insider Transactions at McDonald’s

In other news, EVP Desiree Ralls-Morrison sold 2,486 shares of McDonald’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $320.00, for a total transaction of $795,520.00. Following the completion of the sale, the executive vice president directly owned 6,268 shares in the company, valued at $2,005,760. The trade was a 28.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Joseph M. Erlinger sold 3,195 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $305.82, for a total value of $977,094.90. Following the completion of the sale, the insider directly owned 6,088 shares of the company’s stock, valued at approximately $1,861,832.16. The trade was a 34.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 32,008 shares of company stock worth $9,895,452. 0.25% of the stock is owned by company insiders.

More McDonald’s News

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

• Positive Sentiment: Viral promotion: McDonald’s free “McNugget Caviar” kits sold out within minutes, driving wide media coverage and social buzz that should boost short-term traffic and brand engagement. McDonald’s launches McNugget Caviar kits for free Valentine’s Day: Here’s how to get one
• Positive Sentiment: Analyst sentiment: At least one outlet reported a raised price target for MCD, signaling improved analyst confidence that can support higher valuations. McDonald’s (NYSE:MCD) Price Target Raised to $325.00
• Positive Sentiment: Board upgrade: McDonald’s added James D. Farley Jr. to its board (effective Feb. 4), bringing a well-known executive profile that may strengthen governance and corporate strategy credibility. James D. Farley, Jr. Elected to McDonald’s Board of Directors
• Positive Sentiment: Brand strength: McDonald’s retained its title as the world’s most valuable restaurant brand, reinforcing long-term competitive positioning and defensive appeal to institutional investors. McDonald’s Retains Title as World’s Most Valuable Restaurant Brand
• Neutral Sentiment: Earnings focus: With Q4 results imminent, prediction markets and previews show high investor expectations — this increases upside potential but also raises the risk of a volatile reaction if results miss expectations. McDonald's Q4 Earnings Preview
• Neutral Sentiment: Defensive positioning: Coverage highlighting MCD as a low-volatility/dividend blue-chip holding reinforces its role in conservative ETF allocations, which can support steady demand but limit rapid upside. 3 ETFs Designed to Survive the Next Market Crash (MCD)
• Negative Sentiment: Operational/PR snag: The site reportedly crashed during the giveaway and many kits quickly appeared on eBay for large markups — a scalping/fulfillment issue that could invite short-term customer frustration and negative headlines. McDonald’s website allegedly crashes after McNugget Caviar kits sell out in minutes — then show up on eBay for $400

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.