McDonald'sMCD
About: McDonald's is the largest restaurant owner-operator in the world, with 2023 system sales of $130 billion across nearly than 42,000 stores and 115 markets. McDonald's pioneered the franchise model, building its footprint through partnerships with independent restaurant franchisees and master franchise partners around the globe. The firm earns roughly 60% of its revenue from franchise royalty fees and lease payments, with most of the remainder coming from company-operated stores across its three core segments: the United States, internationally operated markets, and international developmental/licensed markets.
Employees: 150,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
103% more first-time investments, than exits
New positions opened: 243 | Existing positions closed: 120
46% more funds holding in top 10
Funds holding in top 10: 37 [Q2] → 54 (+17) [Q3]
17% more capital invested
Capital invested by funds: $138B [Q2] → $162B (+$24B) [Q3]
10% more call options, than puts
Call options by funds: $3.26B | Put options by funds: $2.95B
3% more funds holding
Funds holding: 3,023 [Q2] → 3,101 (+78) [Q3]
0.65% less ownership
Funds ownership: 74.73% [Q2] → 74.08% (-0.65%) [Q3]
9% less repeat investments, than reductions
Existing positions increased: 1,166 | Existing positions reduced: 1,285
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Citigroup Jon Tower 58% 1-year accuracy 18 / 31 met price target | 19%upside $334 | Buy Upgraded | 10 Jan 2025 |
Loop Capital Alton Stump 11% 1-year accuracy 2 / 18 met price target | 22%upside $342 | Buy Reiterated | 3 Jan 2025 |
B of A Securities Sara Senatore 37% 1-year accuracy 13 / 35 met price target | 15%upside $324 | Neutral Maintained | 30 Oct 2024 |
Truist Securities Jake Bartlett 46% 1-year accuracy 32 / 70 met price target | 22%upside $342 | Buy Maintained | 30 Oct 2024 |
BMO Capital Andrew Strelzik 36% 1-year accuracy 12 / 33 met price target | 19%upside $335 | Outperform Maintained | 30 Oct 2024 |
Financial journalist opinion
Based on 54 articles about MCD published over the past 30 days