McDonald’s Corporation $MCD Shares Sold by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC trimmed its stake in McDonald’s Corporation (NYSE:MCD) by 78.9% in the third quarter, HoldingsChannel reports. The firm owned 2,157 shares of the fast-food giant’s stock after selling 8,064 shares during the period. Precedent Wealth Partners LLC’s holdings in McDonald’s were worth $498,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. State Street Corp raised its holdings in shares of McDonald’s by 1.8% during the second quarter. State Street Corp now owns 36,080,505 shares of the fast-food giant’s stock valued at $9,752,921,000 after purchasing an additional 646,675 shares during the period. Bank of New York Mellon Corp bought a new position in shares of McDonald’s during the 2nd quarter worth about $1,359,276,000. Arrowstreet Capital Limited Partnership boosted its position in shares of McDonald’s by 17.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,637,785 shares of the fast-food giant’s stock worth $1,130,587,000 after purchasing an additional 533,448 shares in the last quarter. Diamant Asset Management Inc. grew its stake in shares of McDonald’s by 30,979.0% in the 1st quarter. Diamant Asset Management Inc. now owns 2,596,340 shares of the fast-food giant’s stock valued at $806,917,000 after buying an additional 2,587,986 shares during the period. Finally, Swiss National Bank grew its stake in shares of McDonald’s by 6.9% in the 1st quarter. Swiss National Bank now owns 2,089,980 shares of the fast-food giant’s stock valued at $649,545,000 after buying an additional 134,480 shares during the period. 70.29% of the stock is currently owned by institutional investors and hedge funds.

McDonald’s Trading Up 2.5%

McDonald’s stock opened at $252.50 on Friday. McDonald’s Corporation has a 1-year low of $229.20 and a 1-year high of $341.75. The firm has a market capitalization of $178.68 billion, a price-to-earnings ratio of 20.51, a price-to-earnings-growth ratio of 2.76 and a beta of 0.44. The firm’s fifty day moving average price is $249.91 and its two-hundred day moving average price is $270.11.

McDonald’s (NYSE:MCD) last issued its quarterly earnings data on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.32 by $0.06. The firm had revenue of $7.10 billion during the quarter, compared to analysts’ expectations of $7.13 billion. McDonald’s had a net margin of 31.72% and a negative return on equity of 572.06%. The business’s revenue was up 3.7% on a year-over-year basis. During the same period last year, the company earned $3.19 earnings per share. On average, research analysts forecast that McDonald’s Corporation will post 12.84 EPS for the current year.

McDonald’s Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be given a $1.93 dividend. This represents a $7.72 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, December 1st. This is a positive change from McDonald’s’s previous quarterly dividend of $1.86. McDonald’s’s payout ratio is 60.44%.

Key Stories Impacting McDonald’s

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

• Positive Sentiment: McDonald’s recently raised its dividend and has joined the “Dividend Kings,” supporting the stock’s income appeal. At roughly 29% below its 52-week high and with a reported yield near 3.2%, some analysts view the sell-off as a potential long-term entry point. McDonald’s Is 29% Below Its 52-Week High and Yields 3.2%
• Positive Sentiment: The McRib’s limited-time return, along with Halloween promotions and other collectible-focused offerings, could generate customer traffic and incremental sales. Menu innovation—including chicken launches and limited-time products—is being viewed as a possible way to offset slower U.S. comparable sales. Can MCD’s Menu Innovation Offset Slower U.S. Comparable Sales Growth?
• Neutral Sentiment: McDonald’s is planning its first chef’s-table event led by “Top Chef” winner Tristen Epps. The high-profile experience may create brand publicity, but its direct financial contribution is likely limited. McDonald’s Is Hosting Its First-Ever Chef’s Table Experience
• Neutral Sentiment: Analysts expect a single-digit earnings increase when McDonald’s reports third-quarter results next month. The forecast offers some earnings support, though investors will likely focus on comparable sales, traffic and management’s outlook. McDonald’s Q3 2026 Earnings: What to Expect
• Negative Sentiment: McDonald’s continues to face weak customer traffic and pressure to balance affordability with profitability. Taco Bell’s rollout of a $2 offering highlights the intensifying value competition and could make pricing decisions more difficult. Taco Bell Rolls Out $2 Item as McDonald’s Wrestles With Pricing
• Negative Sentiment: The company is accused in federal court of using artificial intelligence in an alleged price-fixing scheme. McDonald’s says the lawsuit contains inaccuracies, but the claims create potential legal, reputational and regulatory risk. McDonald’s Accused of AI-Fueled Price Fixing

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Guggenheim decreased their target price on McDonald’s from $290.00 to $250.00 and set a “neutral” rating for the company in a research report on Monday, October 5th. Evercore cut their price target on McDonald’s from $320.00 to $300.00 and set an “outperform” rating on the stock in a report on Thursday, September 24th. Jefferies Financial Group cut their price target on McDonald’s from $260.00 to $250.00 and set an “overweight” rating on the stock in a report on Tuesday, September 29th. Loop Capital reduced their price objective on McDonald’s from $301.00 to $273.00 and set a “hold” rating for the company in a research note on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on McDonald’s from $325.00 to $300.00 and set a “buy” rating for the company in a report on Monday, September 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $295.64.

McDonald’s Company Profile

McDonald’s Corporation is a global quick-service restaurant company that operates and franchises restaurants under the McDonald’s brand. Its restaurants serve a menu that includes hamburgers, cheeseburgers, chicken sandwiches, French fries, breakfast items, desserts, salads, beverages and coffee. Offerings vary by market, and many locations provide drive-thru service, delivery and digital ordering through the McDonald’s mobile app.

The company operates through a heavily franchised business model, with restaurants owned and operated by independent franchisees, affiliates and the company itself.