Diamant Asset Management Inc. Has $806.92 Million Position in McDonald’s Corporation $MCD

Diamant Asset Management Inc. grew its holdings in shares of McDonald’s Corporation (NYSE:MCD) by 30,979.0% during the first quarter, Holdings Channel reports. The firm owned 2,596,340 shares of the fast-food giant’s stock after acquiring an additional 2,587,986 shares during the quarter. McDonald’s comprises 2.7% of Diamant Asset Management Inc.’s portfolio, making the stock its 7th largest holding. Diamant Asset Management Inc.’s holdings in McDonald’s were worth $806,917,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Kenora Financial LLC boosted its holdings in shares of McDonald’s by 1.4% in the 1st quarter. Kenora Financial LLC now owns 6,900 shares of the fast-food giant’s stock valued at $2,144,000 after buying an additional 95 shares during the period. Louisbourg Investments Inc. raised its stake in McDonald’s by 2.1% during the first quarter. Louisbourg Investments Inc. now owns 10,569 shares of the fast-food giant’s stock worth $3,285,000 after acquiring an additional 220 shares during the period. J. L. Bainbridge & Co. Inc. raised its stake in McDonald’s by 2.1% during the first quarter. J. L. Bainbridge & Co. Inc. now owns 2,101 shares of the fast-food giant’s stock worth $653,000 after acquiring an additional 43 shares during the period. Caldwell Trust Co lifted its holdings in McDonald’s by 1.5% in the first quarter. Caldwell Trust Co now owns 34,116 shares of the fast-food giant’s stock worth $10,603,000 after acquiring an additional 498 shares during the last quarter. Finally, AGH Wealth Advisors LLC lifted its holdings in McDonald’s by 15.2% in the first quarter. AGH Wealth Advisors LLC now owns 866 shares of the fast-food giant’s stock worth $269,000 after acquiring an additional 114 shares during the last quarter. 70.29% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Desiree Ralls-Morrison sold 2,763 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $278.36, for a total transaction of $769,108.68. Following the sale, the executive vice president owned 6,268 shares of the company’s stock, valued at $1,744,760.48. The trade was a 30.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Joseph M. Erlinger sold 5,252 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the insider owned 7,734 shares of the company’s stock, valued at $2,198,930.88. This trade represents a 40.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 11,307 shares of company stock valued at $3,262,622. Company insiders own 0.26% of the company’s stock.

McDonald’s Stock Up 2.1%

Shares of NYSE MCD opened at $270.21 on Friday. McDonald’s Corporation has a fifty-two week low of $264.53 and a fifty-two week high of $341.75. The firm’s 50-day simple moving average is $283.43 and its 200 day simple moving average is $304.54. The stock has a market cap of $191.98 billion, a P/E ratio of 22.28, a P/E/G ratio of 2.69 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. The firm had revenue of $6.52 billion during the quarter, compared to analyst estimates of $6.47 billion. McDonald’s had a net margin of 31.62% and a negative return on equity of 442.10%. McDonald’s’s revenue was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.67 EPS. On average, sell-side analysts anticipate that McDonald’s Corporation will post 12.93 earnings per share for the current fiscal year.

McDonald’s Dividend Announcement

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

McDonald’s News Roundup

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

• Positive Sentiment: McDonald’s is drawing attention for menu-driven buzz, including the return of its fried apple pie and coverage around World Cup collectible cups, which can help traffic, social engagement, and near-term sales. We Tried It: A Visit to McDonald’s 35-Foot Fried Apple Pie Along Rte 66
• Positive Sentiment: The company is also expanding and modernizing, including a new Howard City location and a broader “McDonald’s NEXT” push focused on automation, digital ordering, better food quality, and improved franchise economics. McDonald’s opens first Howard City location
• Positive Sentiment: Some commentary says lower oil prices are helping restaurant stocks broadly, easing consumer wallet pressure and lifting quick-service dining names like McDonald’s. Jack in the Box and First Watch Stocks Trade Up, What You Need To Know
• Neutral Sentiment: Zacks noted that McDonald’s is relying on China expansion to support long-term growth, but macro pressure and regional volatility are still weighing on near-term trends. Can McDonald’s China Expansion Support IDL Growth Amid Macro Pressure?
• Neutral Sentiment: Several articles were mostly consumer-interest pieces about how to save money at McDonald’s or how its products taste, which add brand visibility but are unlikely to materially affect fundamentals. How To Find the Cheapest McDonald’s Wherever You Are
• Negative Sentiment: One recent article highlights that Burger King breakfast sandwiches may outperform McDonald’s on a key advantage, reinforcing competitive pressure in breakfast and value-focused traffic. Burger King breakfast sandwiches outshine McDonald’s every time with one big advantage
• Negative Sentiment: There is also scrutiny around McDonald’s new AI drive-thru testing after a prior system was removed in 2024 due to ordering errors, which could raise questions about execution risk if rollout issues persist. McDonald’s is testing a new AI drive-thru system after removing its previous one in 2024 over order errors

Wall Street Analyst Weigh In

MCD has been the subject of a number of research reports. Robert W. Baird set a $305.00 target price on McDonald’s in a research note on Thursday, May 7th. Rothschild & Co Redburn upgraded McDonald’s from a “sell” rating to a “neutral” rating and increased their price target for the stock from $260.00 to $306.00 in a research report on Thursday, April 23rd. JPMorgan Chase & Co. cut their price target on McDonald’s from $325.00 to $305.00 and set an “overweight” rating on the stock in a report on Monday, May 11th. Morgan Stanley set a $331.00 price objective on McDonald’s in a research report on Friday, May 8th. Finally, Barclays dropped their target price on McDonald’s from $380.00 to $350.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Sixteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, McDonald’s has a consensus rating of “Moderate Buy” and a consensus target price of $336.26.

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.