4,119 McDonald’s Corporation $MCD Shares Acquired by Cullinan Associates Inc.

Cullinan Associates Inc. grew its stake in McDonald’s Corporation (NYSE:MCD) by 8.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,742 shares of the fast-food giant’s stock after purchasing an additional 4,119 shares during the quarter. McDonald’s makes up 0.9% of Cullinan Associates Inc.’s holdings, making the stock its 27th biggest position. Cullinan Associates Inc.’s holdings in McDonald’s were worth $12,180,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Ascentis Wealth Management LLC raised its holdings in shares of McDonald’s by 4,008.8% during the second quarter. Ascentis Wealth Management LLC now owns 84,230 shares of the fast-food giant’s stock valued at $22,768,000 after acquiring an additional 82,180 shares during the last quarter. Ridgewood Investments LLC purchased a new position in shares of McDonald’s in the third quarter valued at approximately $1,026,000. Borer Denton & Associates Inc. boosted its stake in shares of McDonald’s by 16.9% in the second quarter. Borer Denton & Associates Inc. now owns 13,859 shares of the fast-food giant’s stock worth $3,746,000 after acquiring an additional 2,000 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of McDonald’s by 7.1% in the second quarter. HighTower Advisors LLC now owns 1,471,725 shares of the fast-food giant’s stock worth $397,822,000 after acquiring an additional 97,060 shares during the last quarter. Finally, Viking Fund Management LLC boosted its stake in shares of McDonald’s by 60.0% in the third quarter. Viking Fund Management LLC now owns 40,000 shares of the fast-food giant’s stock worth $9,238,000 after acquiring an additional 15,000 shares during the last quarter. Hedge funds and other institutional investors own 70.29% of the company’s stock.

McDonald’s Price Performance

MCD opened at $276.36 on Friday. The firm has a market capitalization of $195.56 billion, a price-to-earnings ratio of 21.86, a price-to-earnings-growth ratio of 3.16 and a beta of 0.42. The company’s 50 day simple moving average is $248.76 and its two-hundred day simple moving average is $282.57. McDonald’s Corporation has a 1-year low of $229.20 and a 1-year high of $341.75.

McDonald’s (NYSE:MCD) last posted its quarterly earnings results on Wednesday, November 4th. The fast-food giant reported $3.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.38 by $0.19. McDonald’s had a negative return on equity of 671.56% and a net margin of 32.38%. The business had revenue of $7.16 billion during the quarter, compared to analyst estimates of $7.28 billion. During the same period in the prior year, the business earned $3.22 earnings per share. The business’s revenue was up 1.1% compared to the same quarter last year. On average, equities analysts anticipate that McDonald’s Corporation will post 12.88 earnings per share for the current fiscal year.

McDonald’s Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be issued a $1.93 dividend. This represents a $7.72 annualized dividend and a yield of 2.8%. The ex-dividend date is Tuesday, December 1st. This is an increase from McDonald’s’s previous quarterly dividend of $1.86. McDonald’s’s dividend payout ratio (DPR) is currently 58.86%.

Key McDonald’s News

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

• Positive Sentiment: Argus raised its price target to $320 from $310 and reiterated a “buy” rating, signaling confidence in the stock’s prospects. Argus rating
• Neutral Sentiment: McDonald’s is testing value bundles at nearly 2,000 U.S. restaurants, ahead of a planned national value platform in early 2027. The deals may help bring back customers, but the company is still assessing their effect on traffic and orders. McDonald’s value-bundle test
• Neutral Sentiment: Third-quarter profit beat analyst estimates, but revenue missed and U.S. comparable sales declined. That mixed backdrop helps explain why investors are watching for evidence that value promotions can sustain a domestic recovery. Q3 earnings and U.S. traffic
• Negative Sentiment: Consumers have filed a lawsuit alleging McDonald’s labeled McCafé drinks “sugar free” despite some containing as much as 18 grams of sugar. The allegations are unproven, but the case could create legal and reputational risk. McCafé labeling lawsuit
• Negative Sentiment: Freedom Broker cut its rating from “buy” to “hold” and lowered its price target to $298 from $305, adding a more cautious view alongside the recent analyst optimism. Freedom Broker rating change

Analyst Upgrades and Downgrades

Several research analysts recently commented on MCD shares. Mizuho reduced their price objective on McDonald’s from $290.00 to $260.00 and set a “neutral” rating for the company in a research note on Friday, October 30th. Jefferies Financial Group decreased their price objective on McDonald’s from $260.00 to $250.00 and set an “overweight” rating on the stock in a report on Tuesday, September 29th. Evercore lowered their target price on shares of McDonald’s from $320.00 to $300.00 and set an “outperform” rating on the stock in a research note on Thursday, September 24th. Weiss Ratings lowered shares of McDonald’s from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, October 2nd. Finally, HSBC started coverage on shares of McDonald’s in a report on Thursday. They set a “strong-buy” rating for the company. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $297.82.

About McDonald’s

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.