GoalVest Advisory LLC Acquires 30,616 Shares of McDonald’s Corporation $MCD

GoalVest Advisory LLC lifted its holdings in McDonald’s Corporation (NYSE:MCD) by 539.4% during the third quarter, HoldingsChannel.com reports. The firm owned 36,292 shares of the fast-food giant’s stock after purchasing an additional 30,616 shares during the period. McDonald’s accounts for 0.4% of GoalVest Advisory LLC’s portfolio, making the stock its 28th biggest position. GoalVest Advisory LLC’s holdings in McDonald’s were worth $8,381,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in MCD. State Street Corp increased its stake in McDonald’s by 2.7% in the 4th quarter. State Street Corp now owns 35,983,997 shares of the fast-food giant’s stock valued at $10,997,789,000 after buying an additional 959,140 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of McDonald’s by 7.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,560,037 shares of the fast-food giant’s stock worth $1,699,314,000 after buying an additional 384,762 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of McDonald’s during the 2nd quarter worth about $1,359,276,000. Arrowstreet Capital Limited Partnership grew its holdings 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 valued at $1,130,587,000 after acquiring an additional 533,448 shares in the last quarter. Finally, Diamant Asset Management Inc. grew its holdings in shares of McDonald’s by 30,979.0% in the 1st quarter. Diamant Asset Management Inc. now owns 2,596,340 shares of the fast-food giant’s stock valued at $806,917,000 after acquiring an additional 2,587,986 shares in the last quarter. Institutional investors and hedge funds own 70.29% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on MCD shares. DZ Bank reiterated a “buy” rating on shares of McDonald’s in a report on Thursday, September 24th. HC Wainwright set a $250.00 price target on McDonald’s in a research note on Friday, September 25th. Loop Capital lowered their price target on McDonald’s from $301.00 to $273.00 and set a “hold” rating on the stock in a research report on Wednesday, August 5th. Mizuho dropped their price objective on McDonald’s from $300.00 to $290.00 and set a “neutral” rating on the stock in a research note on Friday, July 31st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of McDonald’s in a report on Friday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $300.64.

More McDonald’s News

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

• Positive Sentiment: McDonald’s is testing hand-breaded chicken tenders and sandwiches at approximately 200 U.S. restaurants. The initiative could strengthen its chicken platform and support traffic if customer response is favorable. McDonald’s prepares test of hand-breaded chicken tenders
• Positive Sentiment: Analysts and commentators see potential value after the decline. McDonald’s trades near oversold levels, while its defensive cash generation, dividend and global customer base could support a recovery if traffic and execution improve. Jim Cramer also said he was tempted to buy at current levels. Jim Cramer comments on McDonald’s
• Positive Sentiment: The company’s beverage expansion is being viewed as a possible global growth driver, potentially increasing visits, average checks and cash flow. McDonald’s beverage expansion
• Neutral Sentiment: McDonald’s continues investing in an approximately $8.5 billion modernization program, including Archy, an AI drive-thru assistant. The technology could reduce costs over time, but its rollout requires improved accuracy and consistent customer acceptance. McDonald’s Archy AI drive-thru assistant
• Negative Sentiment: Investors are concerned that AI-driven pricing and loyalty tools could create uneven prices between restaurants and trigger a consumer backlash similar to Wendy’s dynamic-pricing controversy. McDonald’s has rejected claims that it is secretly setting individualized prices. McDonald’s AI pricing risks
• Negative Sentiment: Soft U.S. traffic, pressure on lower-income consumers and service or value-menu execution issues remain fundamental concerns ahead of the company’s next earnings report. Jefferies also reduced its price target, adding to cautious sentiment. Jefferies cuts McDonald’s price target

McDonald’s Stock Performance

McDonald’s stock traded up $0.20 during midday trading on Friday, reaching $232.03. 2,203,465 shares of the company’s stock were exchanged, compared to its average volume of 4,145,882. The stock’s 50-day simple moving average is $259.69 and its 200 day simple moving average is $277.78. The firm has a market cap of $164.20 billion, a price-to-earnings ratio of 18.85, a P/E/G ratio of 2.58 and a beta of 0.44. McDonald’s Corporation has a 52 week low of $229.61 and a 52 week high of $341.75.

McDonald’s (NYSE:MCD) last released its quarterly earnings data on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $7.10 billion for the quarter, compared to analyst estimates of $7.13 billion. During the same quarter in the prior year, the company earned $3.19 earnings per share. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. Research analysts forecast that McDonald’s Corporation will post 12.85 earnings per share for the current year.

McDonald’s Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be paid a $1.93 dividend. This is a boost from McDonald’s’s previous quarterly dividend of $1.86. The ex-dividend date is Tuesday, December 1st. This represents a $7.72 dividend on an annualized basis and a yield of 3.3%. McDonald’s’s dividend payout ratio (DPR) is currently 60.44%.

McDonald’s 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.