Bank of New York Mellon Corp Makes New $1.36 Billion Investment in McDonald's Corporation $MCD

Key Points

• Bank of New York Mellon acquired 5.03 million McDonald’s shares worth approximately $1.36 billion, representing a 0.71% stake. Institutional investors and hedge funds collectively own 70.29% of the stock.
• Analysts maintain a generally positive outlook, with McDonald’s holding a “Moderate Buy” consensus rating and an average price target of $325.44, although several firms recently reduced targets or downgraded the stock to “Hold.”
• McDonald’s reported quarterly EPS of $3.38, exceeding estimates, while revenue rose 3.7% year over year to $7.10 billion. The company declared a quarterly dividend of $1.86 per share, equivalent to an annualized yield of about 2.8%.

Bank of New York Mellon Corp acquired a new stake in shares of McDonald's Corporation (NYSE:MCD - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 5,028,581 shares of the fast-food giant's stock, valued at approximately $1,359,276,000. Bank of New York Mellon Corp owned 0.71% of McDonald's at the end of the most recent quarter.

A number of other large investors have also modified their holdings of MCD. Your Advocates Ltd. LLP bought a new position in shares of McDonald's during the 4th quarter worth about $27,000. IFC & Insurance Marketing Inc. bought a new stake in McDonald's in the fourth quarter valued at about $29,000. Abound Financial LLC bought a new stake in McDonald's in the fourth quarter valued at about $30,000. Purpose Unlimited Inc. acquired a new position in McDonald's in the fourth quarter worth about $31,000. Finally, DecisionPoint Financial LLC raised its position in McDonald's by 1,616.7% in the fourth quarter. DecisionPoint Financial LLC now owns 103 shares of the fast-food giant's stock worth $31,000 after purchasing an additional 97 shares in the last quarter. 70.29% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have commented on MCD shares. TD Cowen restated a "hold" rating on shares of McDonald's in a research note on Tuesday, August 4th. UBS Group set a $305.00 target price on McDonald's in a report on Wednesday, August 5th. JPMorgan Chase & Co. cut their target price on McDonald's from $325.00 to $305.00 and set an "overweight" rating for the company in a research report on Monday, May 11th. Mizuho lowered their price target on McDonald's from $300.00 to $290.00 and set a "neutral" rating on the stock in a research report on Friday, July 31st. Finally, Erste Group Bank lowered McDonald's from a "buy" rating to a "hold" rating in a research note on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, McDonald's presently has an average rating of "Moderate Buy" and an average target price of $325.44.

Insider Buying and Selling at McDonald's

In other news, EVP Desiree Ralls-Morrison sold 2,763 shares of the company's stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $278.36, for a total value of $769,108.68. Following the completion of the transaction, the executive vice president owned 6,268 shares in the company, valued at $1,744,760.48. This represents a 30.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Joseph M. Erlinger sold 5,252 shares of the firm's stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the sale, the insider owned 7,734 shares in the company, valued at approximately $2,198,930.88. The trade was a 40.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 8,348 shares of company stock valued at $2,355,634 in the last three months. 0.26% of the stock is owned by company insiders.

Trending Headlines about McDonald's

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

• Positive Sentiment: McDonald’s value reset in the U.S.—including sharper pricing, digital offers and improved franchise execution—could help reverse traffic weakness and drive sales growth. International growth and the broader recovery plan provide additional potential upside. Can MCD's Value Reset Turn U.S. Traffic Weakness Into Sales Growth?
• Positive Sentiment: A beverage platform that has reportedly performed at or above plan in every market where it has launched is viewed as McDonald’s clearest potential catalyst for a future stock rally. New fall drinks, even without the traditional Pumpkin Spice Latte, could support seasonal beverage sales. What Could Power the Next Rally in McDonald's Stock
• Positive Sentiment: The Hello Kitty–Godzilla Happy Meal and a new Xbox partnership offering digital rewards tied to popular games could increase customer engagement, particularly among families and younger consumers. The collectible toys are reportedly selling quickly. Xbox and McDonald’s Partnership
• Neutral Sentiment: Seasonal menu changes, the return of a popular breakfast item, new dinner offerings and a regionally tailored Shravan menu may support customer interest, but the articles provide no quantified impact on revenue or earnings. McDonald's Brings Back Breakfast Item
• Neutral Sentiment: McDonald’s has underperformed some restaurant peers in 2026, reinforcing the market’s focus on whether its turnaround initiatives can produce measurable traffic and sales gains. Restaurant Stock Comparison
• Negative Sentiment: Zacks Research lowered its EPS forecasts across 2026–2028, including FY2026 to $12.84 from $12.95, FY2027 to $13.77 from $14.14 and FY2028 to $14.96 from $15.40. The revisions reflect ongoing concern about U.S. traffic and execution, creating a near-term valuation headwind. McDonald's Earnings Estimates

McDonald's Trading Up 0.8%

MCD opened at $269.53 on Friday. McDonald's Corporation has a 1-year low of $260.96 and a 1-year high of $341.75. The stock has a market capitalization of $190.73 billion, a PE ratio of 21.90, a PEG ratio of 3.00 and a beta of 0.41. The firm has a 50-day moving average price of $272.63 and a two-hundred day moving average price of $293.83.

McDonald's (NYSE:MCD - Get Free Report) last released its earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share for the quarter, topping analysts' consensus estimates of $3.32 by $0.06. The company had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $7.13 billion. McDonald's had a negative return on equity of 572.06% and a net margin of 31.72%.The firm's quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.19 earnings per share. On average, research analysts predict that McDonald's Corporation will post 12.88 EPS for the current year.

McDonald's Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Tuesday, September 1st will be given a dividend of $1.86 per share. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 1st. McDonald's's dividend payout ratio (DPR) is currently 60.44%.

About McDonald's

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.

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