Cetera Investment Advisers Increases Holdings in McDonald’s Corporation $MCD

Cetera Investment Advisers raised its stake in McDonald’s Corporation (NYSE:MCD) by 2.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 459,267 shares of the fast-food giant’s stock after buying an additional 10,662 shares during the quarter. Cetera Investment Advisers’ holdings in McDonald’s were worth $142,735,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hamilton Point Investment Advisors LLC boosted its position in shares of McDonald’s by 1.8% during 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 acquiring an additional 31 shares during the last quarter. Encompass More Asset Management grew its holdings in shares of 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 valued at $648,000 after purchasing an additional 32 shares during the period. Richmond Investment Services LLC increased 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 worth $696,000 after purchasing an additional 32 shares during the last quarter. Papamarkou Wellner Asset Management inc. increased its position in McDonald’s by 0.4% during the fourth quarter. Papamarkou Wellner Asset Management inc. now owns 8,809 shares of the fast-food giant’s stock worth $2,692,000 after purchasing an additional 32 shares during the last quarter. Finally, Physician Wealth Advisors Inc. raised its stake in McDonald’s by 1.6% during the fourth quarter. Physician Wealth Advisors Inc. now owns 2,102 shares of the fast-food giant’s stock worth $642,000 after purchasing an additional 33 shares during the period. 70.29% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting McDonald’s

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

• Positive Sentiment: McDonald’s is rolling out multiple new limited-time menu items, including breakfast and Caesar offerings, which could help attract customers and support sales momentum. McDonald’s Introduces Sweet and Savory New Breakfast Item
• Positive Sentiment: The company’s new breakfast biscuit and sweet makeover of a classic sandwich reinforce its strategy of frequent menu updates to drive breakfast traffic and customer engagement. McDonald’s gives classic breakfast sandwich a sweet makeover
• Positive Sentiment: Analyst-style commentary highlighting McDonald’s as a “champion” and a solid dividend name may be helping support the stock, especially as investors look for defensive names with reliable cash flow. McDonald’s: Time Abroad Tells Me This Is Still A Champion
• Neutral Sentiment: Recent coverage also notes MCD has been trading lower alongside a broader pullback, reflecting weakness in momentum rather than a company-specific earnings disappointment. McDonald’s (MCD) Stock Declines While Market Improves: Some Information for Investors
• Neutral Sentiment: Customer-complaint coverage and mixed reactions to a new McFlurry flavor could temper enthusiasm, but these stories appear more consumer-interest oriented than material fundamentals. 12 Common Customer Complaints About McDonald’s
• Negative Sentiment: Some recent commentary suggests the stock has been declining even as the broader market improved, which may signal near-term pressure from investor rotation or technical weakness. McDonald’s (MCD) Stock Declines While Market Improves: Some Information for Investors

McDonald’s Stock Performance

Shares of MCD stock opened at $263.49 on Thursday. The firm’s 50 day moving average price is $276.47 and its 200-day moving average price is $299.40. McDonald’s Corporation has a one year low of $261.85 and a one year high of $341.75. The firm has a market cap of $187.21 billion, a P/E ratio of 21.72, a P/E/G ratio of 2.83 and a beta of 0.41.

McDonald’s (NYSE:MCD) last announced its earnings results on Thursday, May 7th. The fast-food giant reported $2.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.74 by $0.09. McDonald’s had a negative return on equity of 442.10% and a net margin of 31.62%.The company had revenue of $6.52 billion for the quarter, compared to analyst estimates of $6.47 billion. During the same quarter in the previous year, the company earned $2.67 earnings per share. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. As a group, research analysts predict that McDonald’s Corporation will post 12.86 EPS for the current fiscal year.

McDonald’s Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were paid a $1.86 dividend. The ex-dividend date of this dividend was Tuesday, June 2nd. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.8%. McDonald’s’s payout ratio is presently 61.34%.

Insiders Place Their Bets

In related news, insider Joseph M. Erlinger sold 5,252 shares of the business’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $284.32, for a total value of $1,493,248.64. Following the sale, the insider 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 can be accessed through this hyperlink. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $278.36, for a total value of $769,108.68. Following the transaction, the executive vice president directly owned 6,268 shares in the company, valued at approximately $1,744,760.48. The trade was a 30.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 8,348 shares of company stock valued at $2,355,634 over the last ninety days. Insiders own 0.26% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Barclays dropped their price target on shares of McDonald’s from $380.00 to $350.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Rothschild & Co Redburn upgraded McDonald’s from a “sell” rating to a “neutral” rating and upped their price objective for the company from $260.00 to $306.00 in a report on Thursday, April 23rd. TD Cowen reiterated a “hold” rating on shares of McDonald’s in a research report on Friday, June 12th. Wells Fargo & Company cut their target price on McDonald’s from $320.00 to $300.00 and set an “overweight” rating for the company in a research note on Thursday, July 16th. Finally, Robert W. Baird set a $305.00 target price on McDonald’s in a research report on Thursday, May 7th. Fifteen analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat, McDonald’s presently has an average rating of “Moderate Buy” and an average price target of $336.32.

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.