Legato Capital Management LLC Purchases New Holdings in McDonald’s Corporation $MCD

Posted by Stanley Muller on May 24th, 2026

Legato Capital Management LLC purchased a new stake in McDonald’s Corporation (NYSE:MCD – Free Report) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 7,000 shares of the fast-food giant’s stock, valued at approximately $2,139,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. RD Lewis Holdings Inc. lifted its stake in McDonald’s by 4.9% in the 4th quarter. RD Lewis Holdings Inc. now owns 10,818 shares of the fast-food giant’s stock valued at $3,456,000 after buying an additional 510 shares in the last quarter. Advisory Alpha LLC lifted its stake in McDonald’s by 3.4% in the 4th quarter. Advisory Alpha LLC now owns 4,657 shares of the fast-food giant’s stock valued at $1,424,000 after buying an additional 151 shares in the last quarter. Evoke Wealth LLC lifted its stake in McDonald’s by 16.0% in the 4th quarter. Evoke Wealth LLC now owns 10,329 shares of the fast-food giant’s stock valued at $3,157,000 after buying an additional 1,421 shares in the last quarter. SGL Investment Advisors Inc. lifted its stake in McDonald’s by 6.7% in the 4th quarter. SGL Investment Advisors Inc. now owns 2,510 shares of the fast-food giant’s stock valued at $812,000 after buying an additional 157 shares in the last quarter. Finally, Principle Wealth Partners LLC lifted its stake in McDonald’s by 1.1% in the 4th quarter. Principle Wealth Partners LLC now owns 68,901 shares of the fast-food giant’s stock valued at $21,058,000 after buying an additional 726 shares in the last quarter. 70.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Jonathan Banner sold 6,201 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $333.29, for a total transaction of $2,066,731.29. Following the completion of the sale, the executive vice president owned 2,291 shares in the company, valued at $763,567.39. This trade represents a 73.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Joseph M. Erlinger sold 333 shares of the firm’s stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $302.72, for a total transaction of $100,805.76. Following the sale, the insider owned 8,067 shares of the company’s stock, valued at $2,442,042.24. This represents a 3.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 12,119 shares of company stock valued at $3,945,973 in the last 90 days. Insiders own 0.26% of the company’s stock.

McDonald’s Price Performance

Shares of NYSE MCD opened at $282.48 on Friday. The company has a 50 day simple moving average of $299.71 and a 200-day simple moving average of $309.25. The company has a market capitalization of $200.70 billion, a P/E ratio of 23.29, a P/E/G ratio of 2.81 and a beta of 0.43. McDonald’s Corporation has a 1 year low of $271.98 and a 1 year high of $341.75.

McDonald’s (NYSE:MCD – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The fast-food giant reported $2.83 earnings per share (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 net margin of 31.62% and a negative return on equity of 442.10%. The business’s revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the firm earned $2.67 EPS. As a group, research analysts expect that McDonald’s Corporation will post 12.93 EPS for the current year.

McDonald’s Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd will be issued a dividend of $1.86 per share. The ex-dividend date is Tuesday, June 2nd. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.6%. McDonald’s’s dividend payout ratio (DPR) is currently 61.34%.

McDonald’s News Roundup

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

Positive Sentiment: McDonald’s declared a quarterly cash dividend of $1.86 per share, reinforcing its appeal as a dependable income stock and signaling ongoing confidence in cash generation. McDONALD’S ANNOUNCES QUARTERLY CASH DIVIDEND
Positive Sentiment: Coverage highlighted McDonald’s efforts to refresh its menu and customer experience, including new beverage additions, AI-driven drive-thru concepts, and other innovation-focused changes that could support traffic and sales. McDonald’s CEO shares major beverage menu additions
Neutral Sentiment: McDonald’s confirmed plans for a restaurant in historic Castlemaine, a small expansion item that is unlikely to materially move the stock on its own. McDonald’s confirms plan for restaurant in historic Castlemaine
Neutral Sentiment: Analyst commentary suggested McDonald’s investment story is shifting as growth and valuation expectations are reset, which reflects changing sentiment rather than a clear operational surprise. Why The McDonald’s (MCD) Investment Story Is Shifting As Analysts Reset Growth And Valuation
Negative Sentiment: Articles about “shrinkflation” and smaller McNuggets could pressure sentiment if consumers view McDonald’s as offering less value, potentially weighing on brand perception. Shrinkflation hits McDonald’s as customers say McNuggets are half the size they used to be
Negative Sentiment: Coverage noting that customers are divided on McDonald’s specialty drinks suggests product experimentation may not be universally resonating yet. Why McDonald’s Customers Are Divided On Its Specialty Drinks

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Argus upgraded shares of McDonald’s from a “hold” rating to a “buy” rating and set a $380.00 price objective for the company in a report on Friday, February 13th. Barclays cut their price objective on shares of McDonald’s from $380.00 to $350.00 and set an “overweight” rating for the company in a report on Friday, May 8th. BTIG Research reiterated a “buy” rating and issued a $370.00 price objective on shares of McDonald’s in a report on Thursday, May 7th. Royal Bank Of Canada cut their price objective on shares of McDonald’s from $330.00 to $305.00 and set a “sector perform” rating for the company in a report on Friday, May 8th. Finally, Jefferies Financial Group increased their price objective on shares of McDonald’s from $360.00 to $375.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, McDonald’s currently has an average rating of “Moderate Buy” and a consensus target price of $334.45.

Read Our Latest Research Report on MCD

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.