Representative Jefferson Shreve (R-Indiana) recently sold shares of McDonald’s Corporation (NYSE:MCD). In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in McDonald’s stock on May 12th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.
Representative Jefferson Shreve also recently made the following trade(s):
- Sold $15,001 – $50,000 in shares of Hubbell (NYSE:HUBB) on 5/12/2025.
- Sold $50,001 – $100,000 in shares of Trane Technologies (NYSE:TT) on 5/12/2025.
- Sold $15,001 – $50,000 in shares of RTX (NYSE:RTX) on 5/12/2025.
- Sold $50,001 – $100,000 in shares of NiSource (NYSE:NI) on 5/12/2025.
- Sold $50,001 – $100,000 in shares of Johnson & Johnson (NYSE:JNJ) on 5/12/2025.
- Sold $15,001 – $50,000 in shares of AppLovin (NASDAQ:APP) on 5/12/2025.
- Sold $15,001 – $50,000 in shares of Fiserv (NYSE:FI) on 5/12/2025.
- Sold $15,001 – $50,000 in shares of CNO Financial Group (NYSE:CNO) on 5/12/2025.
- Sold $50,001 – $100,000 in shares of Cboe Global Markets (NASDAQ:CBOE) on 5/12/2025.
- Sold $15,001 – $50,000 in shares of Lam Research (NASDAQ:LRCX) on 5/12/2025.
McDonald’s Stock Up 0.9%
McDonald’s stock opened at $302.88 on Friday. The firm has a 50 day moving average price of $299.44 and a 200-day moving average price of $303.52. McDonald’s Corporation has a twelve month low of $265.33 and a twelve month high of $326.32. The company has a market capitalization of $216.57 billion, a P/E ratio of 26.73, a P/E/G ratio of 3.14 and a beta of 0.52.
McDonald’s Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be given a dividend of $1.77 per share. This represents a $7.08 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 2nd. McDonald’s’s dividend payout ratio is currently 62.49%.
Insiders Place Their Bets
In related news, insider Joseph M. Erlinger sold 939 shares of the stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $299.49, for a total value of $281,221.11. Following the transaction, the insider owned 9,283 shares of the company’s stock, valued at $2,780,165.67. This represents a 9.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Edith Morgan Flatley sold 1,000 shares of the stock in a transaction on Thursday, July 10th. The shares were sold at an average price of $300.00, for a total value of $300,000.00. Following the completion of the transaction, the chief marketing officer directly owned 8,858 shares in the company, valued at approximately $2,657,400. This represents a 10.14% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 3,817 shares of company stock worth $1,147,992. 0.25% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on MCD shares. Truist Financial increased their price target on McDonald’s from $350.00 to $356.00 and gave the stock a “buy” rating in a research note on Wednesday, July 9th. Morgan Stanley increased their target price on shares of McDonald’s from $324.00 to $326.00 and gave the stock an “equal weight” rating in a research report on Monday, July 14th. Loop Capital downgraded shares of McDonald’s from a “buy” rating to a “hold” rating and reduced their target price for the stock from $346.00 to $315.00 in a research note on Friday, June 6th. Citigroup upped their price target on shares of McDonald’s from $364.00 to $365.00 and gave the company a “buy” rating in a research note on Wednesday, July 9th. Finally, TD Securities reaffirmed a “hold” rating and issued a $305.00 price objective on shares of McDonald’s in a report on Thursday, June 5th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $323.39.
View Our Latest Stock Analysis on McDonald’s
Institutional Investors Weigh In On McDonald’s
Several hedge funds have recently bought and sold shares of MCD. Bell Bank increased its stake in McDonald’s by 3.0% in the fourth quarter. Bell Bank now owns 12,699 shares of the fast-food giant’s stock valued at $3,681,000 after acquiring an additional 371 shares during the last quarter. Integral Investment Advisors Inc. increased its stake in McDonald’s by 2.6% in the fourth quarter. Integral Investment Advisors Inc. now owns 6,512 shares of the fast-food giant’s stock valued at $1,888,000 after acquiring an additional 164 shares during the last quarter. Red Door Wealth Management LLC increased its stake in McDonald’s by 1.9% in the first quarter. Red Door Wealth Management LLC now owns 5,724 shares of the fast-food giant’s stock valued at $1,788,000 after acquiring an additional 109 shares during the last quarter. Aviva PLC increased its stake in McDonald’s by 5.6% in the fourth quarter. Aviva PLC now owns 432,406 shares of the fast-food giant’s stock valued at $125,350,000 after acquiring an additional 23,024 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in McDonald’s by 5.6% in the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 345,319 shares of the fast-food giant’s stock valued at $107,867,000 after acquiring an additional 18,393 shares during the last quarter. 70.29% of the stock is currently owned by institutional investors.
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.
Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
About McDonald’s
McDonald’s Corp. engages in the operation and franchising of restaurants. It operates through the following segments: U.S., International Operated Markets, and International Developmental Licensed Markets and Corporate. The U.S. segment focuses its operations on the United States. The International Operated Markets segment consists of operations and the franchising of restaurants in Australia, Canada, France, Germany, Italy, the Netherlands, Spain, and the U.K.
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