Bank of New York Mellon Corp Sells 134,676 Shares of McDonald’s Corporation $MCD

Bank of New York Mellon Corp lessened its holdings in shares of McDonald’s Corporation (NYSE:MCD) by 2.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,243,149 shares of the fast-food giant’s stock after selling 134,676 shares during the quarter. Bank of New York Mellon Corp’s holdings in McDonald’s were worth $1,593,341,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in McDonald’s by 1.3% during the second quarter. Vanguard Group Inc. now owns 71,331,031 shares of the fast-food giant’s stock valued at $20,840,787,000 after purchasing an additional 921,936 shares during the last quarter. State Street Corp lifted its holdings in shares of McDonald’s by 0.8% during the 2nd quarter. State Street Corp now owns 34,828,352 shares of the fast-food giant’s stock worth $10,175,800,000 after acquiring an additional 272,139 shares during the last quarter. Geode Capital Management LLC grew its position in McDonald’s by 1.7% in the second quarter. Geode Capital Management LLC now owns 16,828,420 shares of the fast-food giant’s stock worth $4,901,595,000 after acquiring an additional 276,065 shares in the last quarter. Norges Bank bought a new position in McDonald’s in the second quarter valued at $2,780,712,000. Finally, Laurel Wealth Advisors LLC raised its position in McDonald’s by 29,382.3% during the second quarter. Laurel Wealth Advisors LLC now owns 5,737,548 shares of the fast-food giant’s stock valued at $1,676,339,000 after purchasing an additional 5,718,087 shares in the last quarter. 70.29% of the stock is currently owned by institutional investors.

McDonald’s Stock Performance

NYSE MCD opened at $313.91 on Wednesday. The stock has a market cap of $223.55 billion, a P/E ratio of 26.78, a price-to-earnings-growth ratio of 3.11 and a beta of 0.53. McDonald’s Corporation has a fifty-two week low of $283.47 and a fifty-two week high of $326.32. The stock has a 50 day simple moving average of $309.21 and a two-hundred day simple moving average of $306.22.

McDonald’s (NYSE:MCD) last announced its earnings results on Wednesday, November 5th. The fast-food giant reported $3.22 EPS for the quarter, missing analysts’ consensus estimates of $3.33 by ($0.11). The business had revenue of $7.08 billion for the quarter, compared to the consensus estimate of $7.10 billion. McDonald’s had a net margin of 32.04% and a negative return on equity of 280.89%. McDonald’s’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.23 EPS. Sell-side analysts predict that McDonald’s Corporation will post 12.25 earnings per share for the current year.

McDonald’s News Summary

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

• Positive Sentiment: McDonald’s revived its 1980s “Changeables” Happy Meal toys — a nostalgia play (16 transforming robots/dinosaurs) expected to drive family foot traffic and incremental Happy Meal sales. McDonald’s brings back popular Happy Meal toy from 1980s
• Positive Sentiment: Company is doubling down on value — $5 meals and a revived Snack Wrap — initiatives that management/coverage say are intended to boost transactions and fuel a franchise rebound. These are direct drivers of same‑store sales and margin mix for franchised restaurants. McDonald’s doubles down on value
• Positive Sentiment: Limited‑edition promotional tie‑ins (FRIENDS Meal, collectibles) and bringing overseas fan favorites to the U.S. signal ongoing product innovation to sustain customer interest and drive visit frequency. McDonald’s launches limited-edition FRIENDS Meal
• Neutral Sentiment: Jefferies expects McDonald’s fourth‑quarter results roughly in line with consensus (U.S. same‑store sales ~4.5%, EPS ~ $3), noting continued U.S. share gains but limited near‑term surprises — supportive but not a catalyst. McDonald’s seen delivering inline fourth quarter results
• Neutral Sentiment: Coverage pieces (menu reviews, superfan features) and menu tweaks are keeping the brand top‑of‑mind but are unlikely individually to move fundamentals; they support ongoing marketing momentum. Hot honey menu review
• Negative Sentiment: Pepsi/competitor dynamics: Domino’s is rolling out bigger deals following McDonald’s playbook, highlighting intensifying promotional competition that could pressure margins or force continued discounting. Domino’s follows McDonald’s menu plan

Wall Street Analyst Weigh In

MCD has been the subject of a number of research reports. Morgan Stanley set a $335.00 price objective on McDonald’s in a report on Friday, October 17th. Citigroup reduced their price target on shares of McDonald’s from $381.00 to $375.00 and set a “buy” rating on the stock in a research report on Tuesday, October 21st. Truist Financial lifted their price target on shares of McDonald’s from $350.00 to $356.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. KeyCorp upped their price objective on shares of McDonald’s from $335.00 to $340.00 and gave the company an “overweight” rating in a research note on Friday, January 9th. Finally, Robert W. Baird lifted their target price on shares of McDonald’s from $322.00 to $325.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Thirteen analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $328.88.

Insider Activity at McDonald’s

In other news, EVP Manuel Jm Steijaert sold 13,134 shares of the stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $300.42, for a total value of $3,945,716.28. Following the completion of the transaction, the executive vice president owned 4,606 shares of the company’s stock, valued at approximately $1,383,734.52. This represents a 74.04% 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, CFO Ian Frederick Borden sold 17,134 shares of McDonald’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $310.00, for a total value of $5,311,540.00. Following the sale, the chief financial officer owned 26,353 shares in the company, valued at $8,169,430. This represents a 39.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 45,142 shares of company stock worth $13,841,169 over the last ninety days. Corporate insiders own 0.25% of the company’s stock.

McDonald’s Profile

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.