McDonald’s Corporation $MCD Stock Holdings Lowered by State of Michigan Retirement System

State of Michigan Retirement System lessened its position in McDonald’s Corporation (NYSE:MCD) by 3.4% during the fourth quarter, Holdings Channel reports. The fund owned 186,415 shares of the fast-food giant’s stock after selling 6,600 shares during the quarter. State of Michigan Retirement System’s holdings in McDonald’s were worth $56,974,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of MCD. D.A. Davidson & CO. boosted its stake in McDonald’s by 2.7% during the 3rd quarter. D.A. Davidson & CO. now owns 143,492 shares of the fast-food giant’s stock valued at $43,606,000 after purchasing an additional 3,774 shares in the last quarter. Synergy Asset Management LLC boosted its stake in McDonald’s by 317.2% during the third quarter. Synergy Asset Management LLC now owns 19,079 shares of the fast-food giant’s stock valued at $5,691,000 after buying an additional 14,506 shares in the last quarter. National Pension Service grew its holdings in McDonald’s by 2.5% during the third quarter. National Pension Service now owns 1,533,015 shares of the fast-food giant’s stock worth $465,868,000 after acquiring an additional 37,744 shares during the period. Schroder Investment Management Group grew its holdings in McDonald’s by 5.2% during the third quarter. Schroder Investment Management Group now owns 1,029,572 shares of the fast-food giant’s stock worth $312,877,000 after acquiring an additional 51,039 shares during the period. Finally, Abich Financial Wealth Management LLC acquired a new stake in McDonald’s during the third quarter valued at approximately $1,697,000. 70.29% of the stock is currently owned by institutional investors.

Insider Buying and Selling at McDonald’s

In other news, insider Joseph M. Erlinger sold 333 shares of McDonald’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $302.72, for a total transaction of $100,805.76. Following the sale, the insider directly owned 8,067 shares in the company, valued at approximately $2,442,042.24. The trade was a 3.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CMO Edith Morgan Flatley sold 4,692 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $331.00, for a total transaction of $1,553,052.00. Following the completion of the sale, the chief marketing officer directly owned 6,200 shares in the company, valued at approximately $2,052,200. The trade was a 43.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 71,990 shares of company stock worth $23,824,113 over the last three months. 0.26% of the stock is currently owned by corporate insiders.

McDonald’s Price Performance

NYSE MCD opened at $299.62 on Monday. The company’s fifty day moving average is $317.15 and its two-hundred day moving average is $312.06. McDonald’s Corporation has a 52-week low of $283.47 and a 52-week high of $341.75. The firm has a market capitalization of $212.98 billion, a price-to-earnings ratio of 25.07, a P/E/G ratio of 2.71 and a beta of 0.53.

McDonald’s (NYSE:MCD) last announced its quarterly earnings data on Wednesday, February 11th. The fast-food giant reported $3.12 EPS for the quarter, beating analysts’ consensus estimates of $3.05 by $0.07. McDonald’s had a net margin of 31.85% and a negative return on equity of 343.90%. The business had revenue of $7.01 billion during the quarter, compared to analyst estimates of $6.81 billion. During the same quarter in the prior year, the business earned $2.83 earnings per share. The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. As a group, sell-side analysts expect that McDonald’s Corporation will post 13.21 earnings per share for the current fiscal year.

McDonald’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd were issued a dividend of $1.86 per share. This represents a $7.44 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Tuesday, March 3rd. McDonald’s’s dividend payout ratio (DPR) is presently 62.26%.

More McDonald’s News

Here are the key news stories impacting McDonald’s this week:

• Positive Sentiment: Company rolled out a nationwide value menu and sub‑$3 items intended to drive traffic and simplify promotions — a potentially material near‑term top‑line boost. McDonald’s new value menu debuts today
• Positive Sentiment: Menu revamp (≈17 items) and “protein” badges aim to keep menu relevant amid changing consumer trends (GLP‑1 impact), supporting average check and guest counts. McDonald’s revamps menu across 17 items
• Positive Sentiment: New promotional tie‑ins (Stranger Things Happy Meals) and refreshed beverages are low‑cost demand drivers that help maintain brand relevance and incremental sales. McDonald’s introducing new ‘Stranger Things’ Happy Meal
• Positive Sentiment: Franchise expansion: McDonald’s opened more U.S. restaurants in 2025 than any year since 2002 — supports long‑term unit growth and franchise economics. McDonald’s added a lot of new U.S. restaurants in 2025
• Neutral Sentiment: Some models still point to upside (24/7 Wall St. $341 PT) but flag “execution cracks” — supportive for medium‑term targets but mixed for near‑term momentum. McDonald’s Price Target Hits $341—But Cracks Are Starting to Show
• Neutral Sentiment: RBC sees Q1 roughly in line with consensus, reducing the chance of a major near‑term earnings surprise. McDonald’s Seen Posting Largely In-Line First-Quarter Results, RBC Says
• Neutral Sentiment: Options flow and commentary show retail traders selling premium via spreads — market positioning implies limited downside expectations and muted volatility. Selling A Spread On McDonald’s Stock Could Deliver A Big Mac-Sized Return
• Negative Sentiment: Insider sale: Joseph M. Erlinger (President, McDonald’s USA) sold 333 shares (~$100.8k) — small in scale but visible to investors and sometimes interpreted as a mild negative signal. Insider Form 4 filing
• Negative Sentiment: Trademark/IP risk: USPTO has challenged McDonald’s attempt to reclaim “Extra Value Meal” — losing exclusive control over a core promotional term could complicate branding. McDonald’s fights to win back ‘Extra Value Meal’ moniker
• Negative Sentiment: Regulatory/reputational watch: equality watchdog says work with McDonald’s on sexual‑harassment prevention is “ongoing,” keeping reputational risk on investors’ radars. Equality watchdog update

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Citigroup increased their price objective on McDonald’s from $371.00 to $375.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Argus raised shares of McDonald’s from a “hold” rating to a “buy” rating and set a $380.00 price objective on the stock in a research report on Friday, February 13th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $340.00 target price on shares of McDonald’s in a research note on Thursday, February 12th. Royal Bank Of Canada increased their price target on shares of McDonald’s from $320.00 to $330.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 12th. Finally, Wells Fargo & Company raised their price target on shares of McDonald’s from $345.00 to $355.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $340.93.

About McDonald’s

McDonald’s Corporation (NYSE: MCD) is a global quick-service restaurant company best known for its hamburgers, French fries and breakfast offerings. The company develops, operates and franchises a system of restaurants that sell a range of food and beverage items, including signature products such as the Big Mac, Quarter Pounder, Chicken McNuggets, McCafé coffee beverages and a variety of salads, desserts and seasonal menu items. McDonald’s serves customers through company-operated restaurants and franchised locations, and it supports sales via dine-in, drive-thru, digital ordering platforms and third-party delivery partnerships.

Founded in 1940 by brothers Richard and Maurice McDonald as a single San Bernardino, California restaurant, the business was transformed into a franchising model after Ray Kroc joined in the mid-1950s and led the brand’s national and international expansion.