Jonathan Banner sells McDonald’s shares worth $310,000

Published 20/08/2025, 02:36
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Jonathan Banner (NASDAQ:BANR), Executive Vice President and Chief Impact Officer at McDonald’s Corp (NASDAQ:NYSE:MCD), sold 1,000 shares of the company’s common stock on August 19, 2025, at a price of $310. The total value of the transaction amounted to $310,000. The sale occurred as McDonald’s, with its $221 billion market cap, trades near its 52-week high with a P/E ratio of 26.5x. The company maintains a solid 2.3% dividend yield and has increased its dividend for 49 consecutive years, according to InvestingPro data.

Following the transaction, Banner directly owns 98.66 shares of McDonald’s Corp. InvestingPro analysis suggests the stock is slightly overvalued at current levels, with 8 additional exclusive insights available to subscribers through the comprehensive Pro Research Report, which provides deep-dive analysis of McDonald’s financial health and market position.

In other recent news, McDonald’s has reported its second-quarter earnings, with earnings per share (EPS) of $3.19, surpassing both JPMorgan’s estimate of $3.09 and the consensus estimate of $3.15. The fast-food giant also achieved a 2.5% increase in comparable sales in the U.S. and a 4% growth in its International Operated Markets. Following these results, several investment firms have adjusted their price targets for McDonald’s stock. JPMorgan raised its price target to $310, maintaining an Overweight rating. Piper Sandler increased its target to $325, describing the results as solid, while maintaining a Neutral rating. TD Cowen adjusted its price target to $315, citing strong international performance. Truist Securities also raised its target to $360, noting building sales momentum. Meanwhile, Stifel reiterated a Hold rating with a $300 price target, updating its model to reflect an increased 2025 EPS estimate. These developments highlight the company’s strong performance and positive outlook from analysts.

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