Fisher Asset Management LLC Reduces Stock Position in McDonald’s Corporation $MCD

Posted by Casey Walker on May 26th, 2026

Fisher Asset Management LLC trimmed its stake in shares of McDonald’s Corporation (NYSE:MCD – Free Report) by 0.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 273,143 shares of the fast-food giant’s stock after selling 2,418 shares during the period. Fisher Asset Management LLC’s holdings in McDonald’s were worth $83,481,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. North Dakota State Investment Board purchased a new position in McDonald’s during the 4th quarter valued at about $7,493,000. Pittenger & Anderson Inc. lifted its holdings in shares of McDonald’s by 21.9% in the fourth quarter. Pittenger & Anderson Inc. now owns 21,487 shares of the fast-food giant’s stock valued at $6,567,000 after purchasing an additional 3,866 shares in the last quarter. Schroder Investment Management Group grew its position in shares of McDonald’s by 5.2% in the third quarter. Schroder Investment Management Group now owns 1,029,572 shares of the fast-food giant’s stock valued at $312,877,000 after purchasing an additional 51,039 shares during the last quarter. National Pension Service grew its position in shares of McDonald’s by 2.5% in the third quarter. National Pension Service now owns 1,533,015 shares of the fast-food giant’s stock valued at $465,868,000 after purchasing an additional 37,744 shares during the last quarter. Finally, Abich Financial Wealth Management LLC purchased a new position in shares of McDonald’s during the 3rd quarter worth approximately $1,697,000. Hedge funds and other institutional investors own 70.29% of the company’s stock.

McDonald’s Trading Up 0.1%

NYSE MCD opened at $282.48 on Tuesday. The business’s 50-day moving average price is $298.88 and its 200 day moving average price is $309.23. McDonald’s Corporation has a twelve month low of $271.98 and a twelve month high of $341.75. The company has a market capitalization of $200.70 billion, a PE ratio of 23.29, a price-to-earnings-growth ratio of 2.81 and a beta of 0.43.

McDonald’s (NYSE:MCD – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The fast-food giant reported $2.83 EPS for the quarter, beating analysts’ consensus estimates of $2.74 by $0.09. The company had revenue of $6.52 billion during the quarter, compared to the consensus estimate of $6.47 billion. McDonald’s had a net margin of 31.62% and a negative return on equity of 442.10%. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.67 EPS. Equities analysts predict that McDonald’s Corporation will post 12.93 EPS for the current year.

McDonald’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd will be issued a $1.86 dividend. This represents a $7.44 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Tuesday, June 2nd. McDonald’s’s payout ratio is presently 61.34%.

Analyst Ratings Changes

MCD has been the topic of a number of recent research reports. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $340.00 target price on shares of McDonald’s in a research note on Thursday, February 12th. Tigress Financial raised their price target on McDonald’s from $360.00 to $385.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Citigroup boosted their price target on McDonald’s from $371.00 to $375.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Weiss Ratings downgraded McDonald’s from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, April 27th. Finally, TD Cowen decreased their price objective on McDonald’s from $330.00 to $300.00 and set a “hold” rating on the stock in a research note on Thursday, May 7th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, McDonald’s presently has a consensus rating of “Moderate Buy” and an average price target of $334.45.

Check Out Our Latest Analysis on McDonald’s

Key Stories Impacting McDonald’s

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

Positive Sentiment: McDonald’s continues to benefit from broad brand visibility and steady traffic interest, with several recent articles highlighting popular menu items, breakfast customization, and Memorial Day store-hour searches that keep the chain top of mind for customers. Why McDonald’s Won’t Let You Order Fries For Breakfast
Positive Sentiment: Coverage around the enduring appeal of McDonald’s classic menu items, including the Egg McMuffin and other iconic products, reinforces the company’s strong customer loyalty and menu power. 31 Years Ago, McDonald’s Added An Iconic Dessert To The Menu
Neutral Sentiment: Several articles focus on holiday operating hours and ordering tips rather than business fundamentals, so they are unlikely to have a direct impact on earnings or valuation. Is McDonald’s open on Monday, May 25 for Memorial Day 2026?
Neutral Sentiment: Discussion of product comparisons and customer ordering quirks adds to brand chatter, but these stories are mostly informational and not likely to materially move the stock. McDonald’s double hamburger vs McDouble: Is there a difference?
Negative Sentiment: Zacks highlighted ongoing inflation pressure on McDonald’s franchisees, citing higher beef, energy, and supply-chain costs that could squeeze margins and limit profitability if value pricing remains necessary. Can McDonald’s Support Franchisee Margins Amid Inflation Pressure?

Insider Buying and Selling

In other McDonald’s news, insider Joseph M. Erlinger sold 2,626 shares of the stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of $307.00, for a total transaction of $806,182.00. Following the transaction, the insider owned 8,400 shares of the company’s stock, valued at $2,578,800. This trade represents a 23.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 5,585 shares of company stock worth $1,769,209 over the last ninety days. Corporate insiders own 0.26% of the company’s stock.

McDonald’s Company Profile

(Free Report)

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.