McDonald’s president Joseph Erlinger sells $84,225 in inventory

Joseph M. Erlinger, President of McDonald’s USA, has bought 300 shares of McDonald’s Corp (NYSE:MCD) widespread inventory, in keeping with a latest SEC submitting. The fast-food large, with a market capitalization of $204 billion and a “GOOD” monetary well being rating in keeping with InvestingPro, has maintained dividend funds for 49 consecutive years. The transaction, which befell on January 23, 2025, noticed shares bought at a median value of $280.75, totaling $84,225. Following this sale, Erlinger holds roughly 7,887 shares immediately. With the inventory at present buying and selling close to $285 and analyst targets starting from $280 to $360, InvestingPro evaluation suggests the inventory is pretty valued. Get deeper insights into insider transactions and 12+ extra unique ProTips with an InvestingPro subscription.

In different latest information, McDonald’s Company has seen vital developments. KeyBanc Capital Markets adjusted the corporate’s inventory goal to $320, whereas sustaining an Obese ranking. This adopted a downward revision of McDonald’s U.S. same-store gross sales progress estimate for the fourth quarter of 2024, from 0% to -1%, primarily because of extreme climate situations. Regardless of these challenges, McDonald’s maintains sturdy fundamentals and has raised its dividend for 49 consecutive years.

McDonald’s and Cognizant (NASDAQ:CTSH) have additionally prolonged their know-how partnership, aiming to streamline enterprise purposes and advance McDonald’s cloud journey. Moreover, McDonald’s board member John J. Mulligan is ready to retire on the 2025 Annual Shareholders’ Assembly, a growth not because of disagreements with the corporate’s operations, insurance policies, or practices.

Morgan Stanley (NYSE:MS) maintained its Obese ranking on McDonald’s shares, albeit with a barely lowered value goal of $336.00. Loop Capital additionally maintained its Purchase ranking on McDonald’s inventory, regardless of a slight underperformance in same-store gross sales progress within the fourth quarter of 2024. BMO Capital Markets spotlighted McDonald’s as a prime restaurant inventory decide for 2025, because of its potential for sturdy gross sales progress and market outperformance. These are the latest developments surrounding McDonald’s Company.

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