Pinkerton Wealth LLC lifted its stake in McDonald’s Corporation (NYSE:MCD – Free Report) by 24.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 22,009 shares of the fast-food giant’s stock after buying an additional 4,336 shares during the quarter. Pinkerton Wealth LLC’s holdings in McDonald’s were worth $5,083,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Ascentis Wealth Management LLC increased its holdings in McDonald’s by 4,008.8% in the 2nd quarter. Ascentis Wealth Management LLC now owns 84,230 shares of the fast-food giant’s stock worth $22,768,000 after acquiring an additional 82,180 shares in the last quarter. Ridgewood Investments LLC bought a new position in McDonald’s during the 3rd quarter valued at about $1,026,000. Borer Denton & Associates Inc. lifted its position in shares of McDonald’s by 16.9% during the second quarter. Borer Denton & Associates Inc. now owns 13,859 shares of the fast-food giant’s stock worth $3,746,000 after purchasing an additional 2,000 shares during the last quarter. HighTower Advisors LLC boosted its holdings in shares of McDonald’s by 7.1% in the second quarter. HighTower Advisors LLC now owns 1,471,725 shares of the fast-food giant’s stock valued at $397,822,000 after purchasing an additional 97,060 shares during the period. Finally, Viking Fund Management LLC increased its stake in shares of McDonald’s by 60.0% during the third quarter. Viking Fund Management LLC now owns 40,000 shares of the fast-food giant’s stock valued at $9,238,000 after buying an additional 15,000 shares during the period. Institutional investors own 70.29% of the company’s stock.
McDonald’s Stock Up 0.0%
Shares of NYSE:MCD opened at $258.15 on Monday. McDonald’s Corporation has a 52-week low of $229.20 and a 52-week high of $341.75. The stock has a market cap of $182.68 billion, a price-to-earnings ratio of 20.97, a PEG ratio of 2.95 and a beta of 0.42. The business has a 50-day moving average price of $248.26 and a 200-day moving average price of $283.44.
McDonald’s Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders 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. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $7.72 annualized dividend and a dividend yield of 3.0%. McDonald’s’s payout ratio is currently 60.44%.
McDonald’s News Summary
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.
Analysts Set New Price Targets
MCD has been the topic of several recent research reports. Gordon Haskett dropped their target price on McDonald’s from $315.00 to $285.00 and set a “buy” rating on the stock in a research report on Thursday, September 24th. Melius Research reduced their price target on McDonald’s from $250.00 to $230.00 and set a “sell” rating for the company in a research report on Monday, September 28th. Robert W. Baird dropped their price objective on McDonald’s from $285.00 to $250.00 and set a “neutral” rating on the stock in a research report on Thursday, September 24th. KeyCorp cut their target price on McDonald’s from $305.00 to $280.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 6th. Finally, HC Wainwright set a $250.00 target price on shares of McDonald’s in a report on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $294.73.
Get Our Latest Stock Report on MCD
McDonald’s 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.
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