State of Michigan Retirement System Decreases Stake in McDonald's Corporation $MCD

Key Points

• State of Michigan Retirement System cut its McDonald's stake by 3.4% in Q4, selling 6,600 shares and now holds 186,415 shares worth about $56.97 million.
• Insider selling was notable: CMO Edith Morgan Flatley sold 4,692 shares and President Joseph M. Erlinger sold 2,626, contributing to insider sales of 71,990 shares valued at $23.82 million last quarter.
• McDonald's beat quarterly estimates (EPS $3.12 vs. $3.05; revenue $7.01B vs. $6.81B), has a consensus rating of Moderate Buy with an average target of $340.93, and yields about 2.5% annually ($7.44).

State of Michigan Retirement System cut its holdings in shares of McDonald's Corporation (NYSE:MCD - Free Report) by 3.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 186,415 shares of the fast-food giant's stock after selling 6,600 shares during the period. State of Michigan Retirement System's holdings in McDonald's were worth $56,974,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Evergreen Private Wealth LLC grew its stake in McDonald's by 162.5% during the 3rd quarter. Evergreen Private Wealth LLC now owns 84 shares of the fast-food giant's stock valued at $26,000 after purchasing an additional 52 shares in the last quarter. Park Place Capital Corp increased its holdings in McDonald's by 95.7% during the 4th quarter. Park Place Capital Corp now owns 92 shares of the fast-food giant's stock worth $28,000 after purchasing an additional 45 shares during the last quarter. DecisionPoint Financial LLC raised its position in shares of McDonald's by 1,616.7% in the 4th quarter. DecisionPoint Financial LLC now owns 103 shares of the fast-food giant's stock valued at $31,000 after purchasing an additional 97 shares in the last quarter. Painted Porch Advisors LLC boosted its stake in shares of McDonald's by 735.7% during the 3rd quarter. Painted Porch Advisors LLC now owns 117 shares of the fast-food giant's stock valued at $36,000 after buying an additional 103 shares during the last quarter. Finally, Davis Capital Management purchased a new position in shares of McDonald's during the 3rd quarter valued at approximately $37,000. Institutional investors and hedge funds own 70.29% of the company's stock.

Insider Buying and Selling at McDonald's

In other news, CMO Edith Morgan Flatley sold 4,692 shares of McDonald's stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $331.00, for a total value of $1,553,052.00. Following the completion of the transaction, the chief marketing officer directly owned 6,200 shares of the company's stock, valued at approximately $2,052,200. The trade was a 43.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Joseph M. Erlinger sold 2,626 shares of the stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $325.25, for a total transaction of $854,106.50. Following the sale, the insider owned 5,398 shares in the company, valued at approximately $1,755,699.50. This trade represents a 32.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 71,990 shares of company stock valued at $23,824,113. Corporate insiders own 0.26% of the company's stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Robert W. Baird set a $335.00 price target on shares of McDonald's in a research note on Thursday, February 12th. Truist Financial increased their price objective on shares of McDonald's from $356.00 to $370.00 and gave the company a "buy" rating in a research note on Thursday, February 12th. Morgan Stanley decreased their price objective on shares of McDonald's from $335.00 to $334.00 and set an "equal weight" rating for the company in a report on Tuesday, April 21st. JPMorgan Chase & Co. boosted their target price on shares of McDonald's from $305.00 to $325.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 24th. Finally, BTIG Research upped their target price on shares of McDonald's from $360.00 to $370.00 and gave the company a "buy" rating in a research note on Thursday, February 12th. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, McDonald's has a consensus rating of "Moderate Buy" and an average target price of $340.93.

McDonald's Trading Up 0.1%

Shares of NYSE MCD opened at $299.62 on Monday. The company has a market capitalization of $212.98 billion, a price-to-earnings ratio of 25.07, a price-to-earnings-growth ratio of 2.71 and a beta of 0.53. McDonald's Corporation has a twelve month low of $283.47 and a twelve month high of $341.75. The business has a 50 day simple moving average of $317.15 and a 200-day simple moving average of $312.06.

McDonald's (NYSE:MCD - Get Free Report) last announced its quarterly earnings data on Wednesday, February 11th. The fast-food giant reported $3.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.05 by $0.07. The firm had revenue of $7.01 billion for the quarter, compared to analysts' expectations of $6.81 billion. McDonald's had a negative return on equity of 343.90% and a net margin of 31.85%.The firm's revenue for the quarter was up 9.7% on a year-over-year basis. During the same period last year, the business posted $2.83 earnings per share. As a group, equities analysts predict that McDonald's Corporation will post 13.21 earnings per share for the current year.

McDonald's Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd were given a $1.86 dividend. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Tuesday, March 3rd. McDonald's's dividend payout ratio (DPR) is presently 62.26%.

Trending Headlines about McDonald's

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

• Positive Sentiment: Company rolled out a nationwide value menu and sub‑$3 items intended to drive traffic and simplify promotions — a potentially material near‑term top‑line boost. McDonald’s new value menu debuts today
• Positive Sentiment: Menu revamp (≈17 items) and "protein" badges aim to keep menu relevant amid changing consumer trends (GLP‑1 impact), supporting average check and guest counts. McDonald’s revamps menu across 17 items
• Positive Sentiment: New promotional tie‑ins (Stranger Things Happy Meals) and refreshed beverages are low‑cost demand drivers that help maintain brand relevance and incremental sales. McDonald’s introducing new ‘Stranger Things’ Happy Meal
• Positive Sentiment: Franchise expansion: McDonald’s opened more U.S. restaurants in 2025 than any year since 2002 — supports long‑term unit growth and franchise economics. McDonald's added a lot of new U.S. restaurants in 2025
• Neutral Sentiment: Some models still point to upside (24/7 Wall St. $341 PT) but flag "execution cracks" — supportive for medium‑term targets but mixed for near‑term momentum. McDonald’s Price Target Hits $341—But Cracks Are Starting to Show
• Neutral Sentiment: RBC sees Q1 roughly in line with consensus, reducing the chance of a major near‑term earnings surprise. McDonald's Seen Posting Largely In-Line First-Quarter Results, RBC Says
• Neutral Sentiment: Options flow and commentary show retail traders selling premium via spreads — market positioning implies limited downside expectations and muted volatility. Selling A Spread On McDonald's Stock Could Deliver A Big Mac-Sized Return
• Negative Sentiment: Insider sale: Joseph M. Erlinger (President, McDonald’s USA) sold 333 shares (~$100.8k) — small in scale but visible to investors and sometimes interpreted as a mild negative signal. Insider Form 4 filing
• Negative Sentiment: Trademark/IP risk: USPTO has challenged McDonald’s attempt to reclaim “Extra Value Meal” — losing exclusive control over a core promotional term could complicate branding. McDonald's fights to win back ‘Extra Value Meal' moniker
• Negative Sentiment: Regulatory/reputational watch: equality watchdog says work with McDonald’s on sexual‑harassment prevention is "ongoing," keeping reputational risk on investors' radars. Equality watchdog update

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.