Glenview Trust Co Increases Stock Position in McDonald's Corporation $MCD

Key Points

• Glenview Trust Co increased its McDonald’s position by 20.8% in the first quarter, ending with 109,596 shares valued at about $34.1 million.
• Institutional ownership remains a major support for the stock, with hedge funds and other investors holding 70.29% of McDonald’s shares. Several firms also made large additions to their positions during recent quarters.
• McDonald’s reported better-than-expected quarterly results, with EPS of $2.83 and revenue of $6.52 billion, while analysts remain mostly constructive with a Moderate Buy consensus and an average price target of $336.32.

Glenview Trust Co boosted its position in shares of McDonald's Corporation (NYSE:MCD - Free Report) by 20.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,596 shares of the fast-food giant's stock after purchasing an additional 18,835 shares during the period. Glenview Trust Co's holdings in McDonald's were worth $34,061,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MCD. Norges Bank purchased a new position in McDonald's in the 4th quarter valued at about $2,890,438,000. Diamant Asset Management Inc. grew its stake in shares of McDonald's by 30,979.0% during the first quarter. Diamant Asset Management Inc. now owns 2,596,340 shares of the fast-food giant's stock valued at $806,917,000 after acquiring an additional 2,587,986 shares in the last quarter. J. Stern & Co. LLP increased its position in shares of McDonald's by 9,867.5% during the fourth quarter. J. Stern & Co. LLP now owns 2,541,008 shares of the fast-food giant's stock worth $776,608,000 after acquiring an additional 2,515,515 shares during the last quarter. Viking Global Investors LP increased its position in shares of McDonald's by 171.7% during the second quarter. Viking Global Investors LP now owns 3,125,432 shares of the fast-food giant's stock worth $913,157,000 after acquiring an additional 1,974,998 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of McDonald's by 49.9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,104,337 shares of the fast-food giant's stock worth $948,779,000 after acquiring an additional 1,033,041 shares in the last quarter. Hedge funds and other institutional investors own 70.29% of the company's stock.

Key Headlines Impacting McDonald's

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

• Positive Sentiment: One Seeking Alpha article argues that McDonald's recent sell-off is creating an opportunity for investors, signaling that the stock may be undervalued after its decline. McDonald's Sell-Off Is Your Opportunity
• Positive Sentiment: Another article upgraded McDonald's to Buy, saying its consistency deserves a higher valuation and pointing to accelerating top- and bottom-line growth as signs of a potential turnaround. McDonald's: Consistency Deserves A Better Multiple (Rating Upgrade)
• Positive Sentiment: A separate bullish note said the stock is attractive after compression in earnings multiples and highlighted recent catalysts that could improve the business outlook. McDonald's: Consistency Deserves A Better Multiple (Rating Upgrade)
• Positive Sentiment: Coverage from Zacks focused on generally optimistic Wall Street analyst sentiment, which can support shares when investors expect favorable estimates or ratings. Is McDonald's (MCD) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: Several lifestyle and menu-focused stories highlighted product novelty, including a new Caesar sauce and a drink item resembling a Starbucks-style pink drink, but these appear more brand-interest driven than material near-term catalysts. Review: McDonald's Caesar sauce is the tangy menu addition we didn't know we needed
• Negative Sentiment: Some recent commentary remains cautious, with one piece saying McDonald's stock “still not good enough,” reinforcing that not all investors are convinced the valuation or growth outlook has improved enough. McDonald's: Still Not Good Enough
• Negative Sentiment: An article on MCD’s 2026 weakness noted the stock is down sharply this year and said investors are bracing for softer same-store sales ahead of the next earnings report, which can weigh on sentiment. McDonald’s (MCD) Stock Struggles Continue: What’s Behind the 2026 Decline?

McDonald's Stock Performance

Shares of MCD stock opened at $267.50 on Tuesday. McDonald's Corporation has a one year low of $264.09 and a one year high of $341.75. The company's 50-day simple moving average is $276.94 and its 200-day simple moving average is $299.99. The stock has a market capitalization of $190.06 billion, a price-to-earnings ratio of 22.05, a PEG ratio of 2.78 and a beta of 0.41.

McDonald's (NYSE:MCD - Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The fast-food giant reported $2.83 EPS for the quarter, topping analysts' consensus estimates of $2.74 by $0.09. The business had revenue of $6.52 billion during the quarter, compared to the consensus estimate of $6.47 billion. McDonald's had a negative return on equity of 442.10% and a net margin of 31.62%.The company's revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period last year, the firm earned $2.67 earnings per share. As a group, research analysts forecast that McDonald's Corporation will post 12.86 EPS for the current year.

McDonald's Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were given a $1.86 dividend. The ex-dividend date was Tuesday, June 2nd. This represents a $7.44 annualized dividend and a dividend yield of 2.8%. McDonald's's dividend payout ratio (DPR) is presently 61.34%.

Insider Activity at McDonald's

In related news, 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 transaction, the insider directly owned 7,734 shares in the company, valued at $2,198,930.88. This trade represents a 40.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of McDonald's stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $278.36, for a total transaction of $769,108.68. Following the completion of the transaction, the executive vice president directly owned 6,268 shares of the company's stock, valued at approximately $1,744,760.48. This represents a 30.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 8,681 shares of company stock valued at $2,456,440. Insiders own 0.26% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on MCD. KeyCorp reissued an "overweight" rating on shares of McDonald's in a report on Wednesday, July 15th. Erste Group Bank downgraded McDonald's from a "buy" rating to a "hold" rating in a report on Monday, April 27th. BTIG Research reaffirmed a "buy" rating and issued a $370.00 target price on shares of McDonald's in a research report on Thursday, May 7th. Robert W. Baird set a $305.00 target price on McDonald's in a research note on Thursday, May 7th. Finally, Weiss Ratings downgraded shares of McDonald's from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday, June 23rd. Fifteen investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $336.32.

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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