McDonald’s Corporation $MCD Shares Sold by Precedent Wealth Partners LLC

Posted by Francis Steltz on Oct 23rd, 2026

Precedent Wealth Partners LLC reduced its holdings in McDonald’s Corporation (NYSE:MCD – Free Report) by 78.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 2,157 shares of the fast-food giant’s stock after selling 8,064 shares during the quarter. Precedent Wealth Partners LLC’s holdings in McDonald’s were worth $498,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FARMERS & MERCHANTS TRUST Co OF LONG BEACH increased its stake in shares of McDonald’s by 12.7% in the third quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 2,674 shares of the fast-food giant’s stock valued at $618,000 after buying an additional 302 shares during the period. JSF Financial LLC raised its position in shares of McDonald’s by 22.8% during the third quarter. JSF Financial LLC now owns 1,014 shares of the fast-food giant’s stock worth $234,000 after acquiring an additional 188 shares during the last quarter. E. Ohman J or Asset Management AB raised its position in shares of McDonald’s by 10.8% during the third quarter. E. Ohman J or Asset Management AB now owns 22,129 shares of the fast-food giant’s stock worth $5,110,000 after acquiring an additional 2,150 shares during the last quarter. SBI Securities Co. Ltd. lifted its stake in shares of McDonald’s by 14.3% in the third quarter. SBI Securities Co. Ltd. now owns 23,048 shares of the fast-food giant’s stock worth $5,323,000 after acquiring an additional 2,876 shares during the period. Finally, Smith Chas P & Associates PA Cpas lifted its stake in shares of McDonald’s by 7.9% in the third quarter. Smith Chas P & Associates PA Cpas now owns 185,303 shares of the fast-food giant’s stock worth $45,023,000 after acquiring an additional 13,617 shares during the period. 70.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on MCD. Morgan Stanley reduced their target price on McDonald’s from $308.00 to $297.00 and set an “equal weight” rating on the stock in a report on Monday, September 28th. Wells Fargo & Company lowered their price target on shares of McDonald’s from $300.00 to $270.00 and set an “overweight” rating for the company in a report on Monday, October 5th. Gordon Haskett dropped their price target on shares of McDonald’s from $315.00 to $285.00 and set a “buy” rating on the stock in a research report on Thursday, September 24th. Weiss Ratings downgraded shares of McDonald’s from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, October 2nd. Finally, Bank of America upped their price objective on shares of McDonald’s from $339.00 to $343.00 in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, McDonald’s has a consensus rating of “Moderate Buy” and a consensus target price of $295.64.

Get Our Latest Stock Analysis on MCD

McDonald’s News Summary

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

Positive Sentiment: McDonald’s recently raised its dividend and has joined the “Dividend Kings,” supporting the stock’s income appeal. At roughly 29% below its 52-week high and with a reported yield near 3.2%, some analysts view the sell-off as a potential long-term entry point. McDonald’s Is 29% Below Its 52-Week High and Yields 3.2%
Positive Sentiment: The McRib’s limited-time return, along with Halloween promotions and other collectible-focused offerings, could generate customer traffic and incremental sales. Menu innovation—including chicken launches and limited-time products—is being viewed as a possible way to offset slower U.S. comparable sales. Can MCD’s Menu Innovation Offset Slower U.S. Comparable Sales Growth?
Neutral Sentiment: McDonald’s is planning its first chef’s-table event led by “Top Chef” winner Tristen Epps. The high-profile experience may create brand publicity, but its direct financial contribution is likely limited. McDonald’s Is Hosting Its First-Ever Chef’s Table Experience
Neutral Sentiment: Analysts expect a single-digit earnings increase when McDonald’s reports third-quarter results next month. The forecast offers some earnings support, though investors will likely focus on comparable sales, traffic and management’s outlook. McDonald’s Q3 2026 Earnings: What to Expect
Negative Sentiment: McDonald’s continues to face weak customer traffic and pressure to balance affordability with profitability. Taco Bell’s rollout of a $2 offering highlights the intensifying value competition and could make pricing decisions more difficult. Taco Bell Rolls Out $2 Item as McDonald’s Wrestles With Pricing
Negative Sentiment: The company is accused in federal court of using artificial intelligence in an alleged price-fixing scheme. McDonald’s says the lawsuit contains inaccuracies, but the claims create potential legal, reputational and regulatory risk. McDonald’s Accused of AI-Fueled Price Fixing

McDonald’s Trading Up 2.5%

MCD stock opened at $252.50 on Friday. The stock has a 50-day moving average price of $249.91 and a 200-day moving average price of $270.11. McDonald’s Corporation has a 1-year low of $229.20 and a 1-year high of $341.75. The firm has a market cap of $178.68 billion, a PE ratio of 20.51, a price-to-earnings-growth ratio of 2.76 and a beta of 0.44.

McDonald’s (NYSE:MCD – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.32 by $0.06. McDonald’s had a negative return on equity of 572.06% and a net margin of 31.72%. The company had revenue of $7.10 billion for the quarter, compared to the consensus estimate of $7.13 billion. During the same period in the previous year, the business earned $3.19 EPS. The firm’s revenue was up 3.7% compared to the same quarter last year. On average, analysts forecast that McDonald’s Corporation will post 12.84 earnings per share for the current year.

McDonald’s Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be issued a $1.93 dividend. The ex-dividend date is Tuesday, December 1st. This is an increase from McDonald’s’s previous quarterly dividend of $1.86. This represents a $7.72 dividend on an annualized basis and a yield of 3.1%. McDonald’s’s dividend payout ratio is presently 60.44%.

McDonald’s Company Profile

(Free Report)

McDonald’s Corporation is a global quick-service restaurant company that operates and franchises restaurants under the McDonald’s brand. Its restaurants serve a menu that includes hamburgers, cheeseburgers, chicken sandwiches, French fries, breakfast items, desserts, salads, beverages and coffee. Offerings vary by market, and many locations provide drive-thru service, delivery and digital ordering through the McDonald’s mobile app.

The company operates through a heavily franchised business model, with restaurants owned and operated by independent franchisees, affiliates and the company itself.