Neutral
HB Wealth Management reduces McDonald's stake by 4.9% to 82,678 shares.
In the second quarter, HB Wealth Management LLC decreased its holdings in McDonald's Corporation by 4.9%, selling 4,297 shares and retaining 82,678 shares valued at approximately $22.35 million. Despite this reduction, analysts maintain a positive outlook, with a 'Moderate Buy' consensus rating and an average price target of $321.35. McDonald's reported a quarterly earnings per share (EPS) of $3.38, surpassing estimates of $3.32, and revenue rose 3.7% year-over-year to $7.10 billion. The company also declared a quarterly dividend of $1.86 per share, yielding 2.9%.
Key points
- HB Wealth Management LLC reduced its McDonald's stake by 4.9% in Q2, selling 4,297 shares.
- Analysts maintain a 'Moderate Buy' consensus rating with an average price target of $321.35.
- McDonald's reported Q2 EPS of $3.38, exceeding estimates of $3.32, and revenue increased by 3.7% to $7.10 billion.
- The company declared a quarterly dividend of $1.86 per share, yielding 2.9%.
Sources
- HB Wealth Management LLC Reduces Stake in McDonald's Corporation $MCDMarketBeat · September 6, 2026
- McDonald's Corporation $MCD Shares Bought by Sciencast Management LPMarketBeat · August 15, 2026
- McDonald's Corporation $MCD Shares Acquired by Aberdeen Group plcMarketBeat · August 19, 2026
- McDonald's Corporation $MCD Shares Sold by Cullinan Associates Inc.MarketBeat · August 30, 2026
AI-generated from public news sources. Not financial advice.
