Tudor Financial Inc. Has $442,000 Stock Holdings in McDonald’s Corporation $MCD

Tudor Financial Inc. decreased its position in McDonald’s Corporation (NYSE:MCD) by 69.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,636 shares of the fast-food giant’s stock after selling 3,647 shares during the quarter. Tudor Financial Inc.’s holdings in McDonald’s were worth $442,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in MCD. Brighton Jones LLC grew its stake in McDonald’s by 21.6% during the fourth quarter. Brighton Jones LLC now owns 9,286 shares of the fast-food giant’s stock worth $2,692,000 after buying an additional 1,649 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of McDonald’s by 2.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,942 shares of the fast-food giant’s stock valued at $563,000 after acquiring an additional 52 shares during the last quarter. Sivia Capital Partners LLC raised its stake in shares of McDonald’s by 11.4% in the second quarter. Sivia Capital Partners LLC now owns 2,017 shares of the fast-food giant’s stock valued at $589,000 after acquiring an additional 206 shares during the last quarter. United Bank boosted its holdings in shares of McDonald’s by 6.0% in the 2nd quarter. United Bank now owns 8,102 shares of the fast-food giant’s stock worth $2,367,000 after acquiring an additional 459 shares in the last quarter. Finally, Schnieders Capital Management LLC. boosted its holdings in shares of McDonald’s by 2.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 12,938 shares of the fast-food giant’s stock worth $3,780,000 after acquiring an additional 312 shares in the last quarter. Institutional investors and hedge funds own 70.29% of the company’s stock.

Analyst Upgrades and Downgrades

MCD has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price target on McDonald’s from $325.00 to $305.00 and set an “overweight” rating for the company in a report on Monday, May 11th. Guggenheim decreased their target price on McDonald’s from $320.00 to $290.00 and set a “neutral” rating on the stock in a report on Wednesday, August 5th. Argus lowered their target price on McDonald’s from $320.00 to $310.00 and set a “buy” rating for the company in a research note on Wednesday, August 26th. Wells Fargo & Company cut their price target on McDonald’s from $320.00 to $300.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Finally, Weiss Ratings downgraded shares of McDonald’s from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, McDonald’s presently has an average rating of “Moderate Buy” and an average price target of $321.35.

More McDonald’s News

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

• Positive Sentiment: McDonald’s launched a Texas-exclusive meal featuring collectible cups tied to regional Texas locations, alongside the return of Spicy Chicken McNuggets. The limited-time products could create urgency, generate social-media attention and support restaurant traffic. McDonald’s Texas Meal releases with new themed collectible cups
• Positive Sentiment: The company is bringing back a popular dessert and promoting additional limited-time offerings. These initiatives may help sustain customer engagement, although their financial impact is not yet known. McDonald’s brings back a popular dessert
• Neutral Sentiment: A market commentary argues that MCD’s selloff may have gone too far and presents a contrarian investment case, citing a potential price target of $316.21. This is an analyst opinion rather than a new company fundamental. McDonald’s Is Near a 52-Week Low
• Negative Sentiment: Reports say McDonald’s $3 value menu has not delivered the expected benefit for customers or the company. Confusing availability and dissatisfaction with discount offers could weigh on affordability perceptions, traffic and sales momentum. McDonald’s $3 menu has a problem
• Negative Sentiment: McDonald’s is reported to be down 4.8% since its latest earnings report, when revenue came in slightly below estimates despite an earnings beat. The decline reflects ongoing investor concern about sales growth and execution. McDonald’s Down 4.8% Since Last Earnings Report
• Negative Sentiment: The discontinuation of the Pumpkin Spice Latte has triggered customer backlash. Removing a popular seasonal product could reduce fall beverage demand and damage customer sentiment, while free-coffee promotions may pressure margins. McDonald’s axes a popular coffee flavor

McDonald’s Stock Performance

Shares of McDonald’s stock opened at $259.51 on Friday. The firm has a fifty day moving average of $269.96 and a two-hundred day moving average of $289.62. The stock has a market capitalization of $183.64 billion, a price-to-earnings ratio of 21.08, a PEG ratio of 2.82 and a beta of 0.41. McDonald’s Corporation has a 52 week low of $256.12 and a 52 week 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 (EPS) for the quarter, topping the consensus estimate of $3.32 by $0.06. McDonald’s had a negative return on equity of 572.06% and a net margin of 31.72%.The business had revenue of $7.10 billion for the quarter, compared to analyst estimates of $7.13 billion. During the same period last year, the company earned $3.19 EPS. The firm’s revenue was up 3.7% on a year-over-year basis. As a group, research analysts forecast that McDonald’s Corporation will post 12.87 EPS for the current fiscal year.

McDonald’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders 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 annualized dividend and a yield of 2.9%. McDonald’s’s dividend payout ratio is presently 60.44%.

Insider Transactions at McDonald’s

In other news, insider Joseph 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 completion of the transaction, the insider directly owned 7,734 shares in the company, valued at approximately $2,198,930.88. The trade was a 40.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.26% of the company’s stock.

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.