McDonald'sMCD
About: McDonald's is the largest restaurant owner-operator in the world, with 2024 system sales of $131 billion across more than 43,000 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 Q4 regulatory disclosures by fund managers ($100M+ AUM)
195% more first-time investments, than exits
New positions opened: 378 | Existing positions closed: 128
6% more funds holding
Funds holding: 3,122 [Q3] → 3,305 (+183) [Q4]
2.06% more ownership
Funds ownership: 70.23% [Q3] → 72.29% (+2.06%) [Q4]
3% more repeat investments, than reductions
Existing positions increased: 1,273 | Existing positions reduced: 1,235
0% less capital invested
Capital invested by funds: $153B [Q3] → $152B (-$142M) [Q4]
5% less call options, than puts
Call options by funds: $3.22B | Put options by funds: $3.4B
18% less funds holding in top 10
Funds holding in top 10: 55 [Q3] → 45 (-10) [Q4]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Barclays Jeffrey Bernstein 49% 1-year accuracy 57 / 116 met price target | 9%upside $347 | Overweight Maintained | 22 Apr 2025 |
Baird David Tarantino 52% 1-year accuracy 16 / 31 met price target | 6%downside $300 | Neutral Maintained | 7 Apr 2025 |
Citigroup Jon Tower 52% 1-year accuracy 17 / 33 met price target | 10%upside $353 | Buy Maintained | 3 Apr 2025 |
Morgan Stanley John Glass 42% 1-year accuracy 13 / 31 met price target | 5%upside $335 | Overweight Maintained | 17 Mar 2025 |
Truist Securities Jake Bartlett 28% 1-year accuracy 19 / 68 met price target | 6%upside $340 | Buy Maintained | 11 Feb 2025 |
Financial journalist opinion
Based on 38 articles about MCD published over the past 30 days
