Christopher J. Kempczinski, the Chairman and CEO of McDonald’s Corp (NYSE:MCD), has recently sold a significant portion of his holdings in the company. According to a recent SEC filing, Kempczinski sold 10,500 shares of McDonald’s common stock on February 11, 2025, at an average price of $310.05 per share, totaling approximately $3.26 million. The sale comes as McDonald’s, currently valued at $223 billion, trades near its 52-week high of $317.90. According to InvestingPro analysis, the stock appears to be trading above its Fair Value. This transaction leaves him with 32,755.8 shares of the company.
Additionally, the filing revealed that Kempczinski holds 4,882.14 shares of phantom stock, which are part of a non-qualified benefit plan. These shares are payable in cash following his separation from the company. The phantom stock holdings include shares acquired through dividend reinvestment.
In other recent news, McDonald’s Corporation has been the subject of several analyst updates. BofA Securities analyst Gregory Francfort raised the price target on McDonald’s shares to $316, maintaining a Neutral rating. Francfort noted potential improvements as the company moves beyond recent challenges and focuses on value to drive traffic. He also highlighted promising international sales performance and the potential impact of the new McValue menu.
TD Cowen also adjusted its outlook on McDonald’s, raising the price target from $300.00 to $305.00 while maintaining a Hold rating. Analyst Andrew Charles cited solid fourth-quarter sales and a proactive strategy to address global sales challenges. Charles also mentioned the potential impact of the anticipated launch of new chicken wraps and strips in the coming months.
Loop Capital Markets increased McDonald’s price target slightly from $342 to $346, reaffirming a Buy rating. Despite lower-than-expected domestic comparable sales, the company conveyed optimism about recovery from recent challenges. Morgan Stanley (NYSE:MS) also revised its outlook on McDonald’s, increasing the price target from $336 to $340 and maintaining an Overweight rating. The firm acknowledged challenges but expressed belief in McDonald’s ability to navigate current industry headwinds.
Finally, BTIG analysts maintained a Neutral rating on McDonald’s stock, highlighting strong international sales and the company’s strategy to balance value offerings with premium products. These are all recent developments surrounding McDonald’s Corporation.
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