The shares were sold at prices ranging from $289.63 to $290.15 per share, amounting to a total transaction value of approximately $1.98 million. Following these transactions, Ralls-Morrison's direct ownership of McDonald's shares stands at 6,267.12 shares. The sales were executed as part of a pre-arranged trading plan. As an InvestingPro tip reveals, McDonald's has maintained dividend payments for 49 consecutive years, demonstrating strong financial stability. The stock currently trades near its Fair Value, with additional insights available in the comprehensive Pro Research Report, which offers deep-dive analysis of McDonald's and 1,400+ other top US stocks. As an InvestingPro tip reveals, McDonald's has maintained dividend payments for 49 consecutive years, demonstrating strong financial stability. The stock currently trades near its Fair Value, with additional insights available in the comprehensive Pro Research Report, which offers deep-dive analysis of McDonald's and 1,400+ other top US stocks. The shares were sold at prices ranging from $289.63 to $290.15 per share, amounting to a total transaction value of approximately $1.98 million.
Following these transactions, Ralls-Morrison's direct ownership of McDonald's shares stands at 6,267.12 shares. The sales were executed as part of a pre-arranged trading plan.
In other recent news, BMO Capital Markets has spotlighted McDonald's Corp (NYSE:MCD), Domino's Pizza (NYSE:DPZ) Inc, and Starbucks Corp (NASDAQ:SBUX) as potential top performers in the restaurant sector for 2025. McDonald's is recognized for its potential to accelerate sales and outperform in the market, supported by a 3.7% revenue growth. Domino's Pizza is expected to continue its trend of solid comparable store sales growth and market share gains. Starbucks is anticipated to benefit from the initiatives of new CEO Brian Niccol, with projections suggesting an appreciation in share value as the company's business trajectory improves.
In other recent developments, McDonald's has been the focus of several significant events. Bernstein, a market analysis firm, highlighted McDonald's in its review of the U.S. restaurant sector. Piper Sandler maintained its neutral stance on McDonald's, acknowledging steady growth and a solid dividend yield. McDonald's has also demonstrated resilience in its third-quarter performance for 2024, reporting a slight increase in adjusted earnings per share and a 6% dividend increase.
McDonald's USA announced the launch of a new value menu, McValue, set to roll out in 2025. The U.S. Centers for Disease Control and Prevention (CDC) closed the case on an E. coli outbreak linked to McDonald's Quarter Pounder hamburgers, allowing the company to resume sales of the popular menu item. These are some of the recent developments in the company's operations.
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