Mirae Asset Global Investments Co. Ltd. acquired a new position in McDonald’s Corporation (NYSE:MCD – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 198,383 shares of the fast-food giant’s stock, valued at approximately $45,815,000.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. State Street Corp boosted its stake in shares of McDonald’s by 1.8% during the 2nd quarter. State Street Corp now owns 36,080,505 shares of the fast-food giant’s stock worth $9,752,921,000 after acquiring an additional 646,675 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of McDonald’s in the second quarter worth $1,359,276,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of McDonald’s by 17.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,637,785 shares of the fast-food giant’s stock valued at $1,130,587,000 after buying an additional 533,448 shares in the last quarter. Swiss National Bank grew its stake in McDonald’s by 6.9% during 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 acquiring an additional 134,480 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of McDonald’s by 3.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,909,321 shares of the fast-food giant’s stock valued at $593,366,000 after purchasing an additional 62,562 shares during the period. 70.29% of the stock is owned by institutional investors and hedge funds.
McDonald’s Trading Up 0.0%
MCD opened at $258.15 on Monday. The stock has a market cap of $182.68 billion, a PE ratio of 20.97, a P/E/G ratio of 2.95 and a beta of 0.42. McDonald’s Corporation has a 1 year low of $229.20 and a 1 year high of $341.75. The stock’s 50 day simple moving average is $248.26 and its 200-day simple moving average is $283.44.
McDonald’s (NYSE:MCD – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share for the quarter, beating the consensus estimate of $3.32 by $0.06. McDonald’s had a negative return on equity of 572.06% and a net margin of 31.72%. The company had revenue of $7.10 billion for the quarter, compared to analyst estimates of $7.13 billion. During the same period in the prior year, the company posted $3.19 EPS. The company’s revenue was up 3.7% compared to the same quarter last year. Equities analysts forecast that McDonald’s Corporation will post 12.83 earnings per share for the current fiscal year.
McDonald’s Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be issued a $1.93 dividend. This is an increase from McDonald’s’s previous quarterly dividend of $1.86. This represents a $7.72 annualized dividend and a yield of 3.0%. The ex-dividend date is Tuesday, December 1st. McDonald’s’s dividend payout ratio (DPR) is currently 60.44%.
Analyst Ratings Changes
Several analysts recently commented on the stock. Sanford C. Bernstein lowered their price objective on shares of McDonald’s from $295.00 to $250.00 and set a “market perform” rating on the stock in a research report on Thursday, October 8th. Loop Capital cut their target price on McDonald’s from $301.00 to $273.00 and set a “hold” rating on the stock in a report on Wednesday, August 5th. Jefferies Financial Group reduced their target price on McDonald’s from $260.00 to $250.00 and set an “overweight” rating for the company in a report on Tuesday, September 29th. Citigroup reduced their price objective on shares of McDonald’s from $305.00 to $295.00 and set a “buy” rating for the company in a research note on Tuesday, October 20th. Finally, Tigress Financial upped their price objective on shares of McDonald’s from $385.00 to $390.00 and gave the stock a “buy” rating in a report on Friday, July 17th. One 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 stock. Based on data from MarketBeat.com, McDonald’s presently has a consensus rating of “Moderate Buy” and a consensus price target of $294.73.
McDonald’s News Roundup
Here are the key news stories impacting McDonald’s this week:
- Positive Sentiment: Technical commentary suggests McDonald’s stock, which has fallen sharply this year amid weakness in consumer-discretionary shares, may be positioned for a rebound. The recent recovery could attract value-oriented investors if the company delivers resilient sales and cash flow. Mapping the Market: Beaten-down McDonald’s stock may be ripe for a rally
- Positive Sentiment: McDonald’s is bringing back Pokémon Happy Meals in November, featuring collectible toys and trading cards. The promotion could support customer traffic, family visits and near-term sales, although its impact is likely temporary. McDonald’s is bringing back Pokémon Happy Meals
- Neutral Sentiment: Wall Street is focusing on estimates for McDonald’s third-quarter 2026 revenue, earnings and operating metrics. The reports provide expectations rather than new company results, so the stock’s next major catalyst will be whether actual performance exceeds or falls short of those forecasts. Unveiling McDonald’s Q3 Outlook
- Neutral Sentiment: New holiday beverages and an $8 Quarter Pounder meal are scheduled for November. These value and seasonal offerings may help affordability perceptions and traffic, but investors will need evidence that promotions can improve demand without pressuring restaurant-level margins. McDonald’s adds new holiday drinks
- Negative Sentiment: Mizuho cut its McDonald’s price target from $290 to $260 and assigned a neutral rating, indicating limited expected upside from recent levels. The revision reinforces concerns about valuation and the durability of cash-flow growth. Mizuho McDonald’s rating
- Negative Sentiment: Coverage also questions whether McDonald’s current valuation already reflects its expected cash generation, while the stock remains materially below its level at the start of the year. A planned multibillion-dollar modernization and AI drive-through initiative could improve efficiency over time, but it also introduces execution and investment risks.
About McDonald’s
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.
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