California State Teachers Retirement System Cuts Holdings in McDonald’s Corporation $MCD

Posted by Francis Steltz on Jul 29th, 2026

California State Teachers Retirement System trimmed its position in McDonald’s Corporation (NYSE:MCD – Free Report) by 2.6% during the 1st quarter, HoldingsChannel reports. The firm owned 1,116,171 shares of the fast-food giant’s stock after selling 29,562 shares during the quarter. California State Teachers Retirement System’s holdings in McDonald’s were worth $346,895,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Your Advocates Ltd. LLP purchased a new position in shares of McDonald’s in the 4th quarter worth $27,000. IFC & Insurance Marketing Inc. bought a new position in shares of McDonald’s during the 4th quarter valued at approximately $29,000. Abound Financial LLC bought a new position in McDonald’s during the fourth quarter valued at $30,000. DecisionPoint Financial LLC grew its holdings in McDonald’s by 1,616.7% during 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 during the last quarter. Finally, Entrust Financial LLC purchased a new stake in shares of McDonald’s in the fourth quarter worth approximately $31,000. Institutional investors own 70.29% of the company’s stock.

Insider Buying and Selling

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 stock was sold at an average price of $278.36, for a total value of $769,108.68. Following the completion of the sale, the executive vice president directly 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 document filed with the Securities & Exchange Commission, which is available at this link. 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 value of $1,493,248.64. Following the completion of the sale, the insider directly owned 7,734 shares of the company’s stock, valued at $2,198,930.88. This trade represents a 40.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,348 shares of company stock valued at $2,355,634 over the last 90 days. Company insiders own 0.26% of the company’s stock.

Analyst Ratings Changes

MCD has been the topic of several recent analyst reports. TD Cowen reaffirmed a “hold” rating on shares of McDonald’s in a research note on Friday, June 12th. Cfra upgraded McDonald’s to a “buy” rating in a report on Friday, May 8th. Citigroup reduced their price objective on shares of McDonald’s from $375.00 to $335.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of McDonald’s in a research report on Tuesday. Finally, Wells Fargo & Company cut their price target on shares of McDonald’s from $320.00 to $300.00 and set an “overweight” rating on the stock in a research note on Thursday, July 16th. Fifteen research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $333.32.

Check Out Our Latest Research Report on McDonald’s

Trending Headlines about McDonald’s

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

Positive Sentiment: UBS maintained a Buy rating despite lowering its price target from $365 to $340, implying substantial potential upside from recent levels. The target reduction reflects a more cautious outlook, but the continued Buy rating provides a positive signal. UBS McDonald’s price target report
Positive Sentiment: McDonald’s affirmed its quarterly dividend of $1.86 per share, payable September 16. Its long record of annual dividend increases may attract income-oriented investors, particularly with the stock trading well below its 52-week high. McDonald’s dividend and valuation analysis
Positive Sentiment: Wall Street’s average price targets remain materially above the current share price, with some analysts viewing the pullback as a buying opportunity if McDonald’s can stabilize sales and restore growth. McDonald’s near 52-week low analysis

McDonald’s Stock Up 0.8%

MCD opened at $272.82 on Wednesday. McDonald’s Corporation has a 52-week low of $260.96 and a 52-week high of $341.75. The company has a market cap of $193.84 billion, a price-to-earnings ratio of 22.49, a PEG ratio of 2.91 and a beta of 0.41. The firm’s fifty day simple moving average is $275.60 and its two-hundred day simple moving average is $298.42.

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

McDonald’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Tuesday, September 1st will be paid a dividend of $1.86 per share. This represents a $7.44 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, September 1st. McDonald’s’s dividend payout ratio is currently 61.34%.

About McDonald’s

(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.