McDonald’s Corporation $MCD Stock: Rakuten Investment Management Inc. Increases Position

Posted by Geri Gentry on Nov 4th, 2026

Rakuten Investment Management Inc. boosted its holdings in shares of McDonald’s Corporation (NYSE:MCD – Free Report) by 9.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 127,200 shares of the fast-food giant’s stock after buying an additional 10,996 shares during the quarter. Rakuten Investment Management Inc.’s holdings in McDonald’s were worth $29,762,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. State Street Corp boosted its holdings in McDonald’s by 1.8% in the second quarter. State Street Corp now owns 36,080,505 shares of the fast-food giant’s stock worth $9,752,921,000 after acquiring an additional 646,675 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of McDonald’s during the second quarter valued at about $1,359,276,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of McDonald’s by 17.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,637,785 shares of the fast-food giant’s stock valued at $1,130,587,000 after acquiring an additional 533,448 shares in the last quarter. Swiss National Bank increased its holdings in shares of McDonald’s by 6.9% during the first quarter. Swiss National Bank now owns 2,089,980 shares of the fast-food giant’s stock valued at $649,545,000 after acquiring an additional 134,480 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of McDonald’s by 3.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,909,321 shares of the fast-food giant’s stock valued at $593,366,000 after purchasing an additional 62,562 shares during the last quarter. 70.29% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about McDonald’s

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

Positive Sentiment: New seasonal drinks and a planned Pokémon promotion could help attract customers and support sales. McDonald’s is also expanding its beverage push. Article: McDonald’s launches 2026 holiday menu with new seasonal drinks
Neutral Sentiment: McDonald’s is scheduled to report third-quarter results before the market opens on Nov. 4. Analysts expect modest profit growth, but the report and outlook will be closely watched for signs that weaker U.S. traffic and higher expenses are pressuring margins. Article: McDonald’s Stock Rests on Full-Year Earnings Growth
Negative Sentiment: Pre-earnings coverage points to a tough consumer backdrop and potentially slower sales growth, with soft U.S. customer traffic, rising costs and operational issues weighing on near-term expectations. Article: McDonald’s Q3 sales expected to slow amid tough consumer backdrop
Negative Sentiment: A judge declined to dismiss a proposed class-action lawsuit alleging McDonald’s misled customers about the McRib’s meat. The case proceeding creates legal and reputational risk, though no outcome or financial impact has been determined. Article: McDonald’s loses bid to dismiss McRib lawsuit
Negative Sentiment: U.S. lawmakers questioned the CEO about algorithmic pricing tools, raising the prospect of further scrutiny of the company’s pricing practices. Article: US lawmakers question McDonald’s CEO about algorithmic pricing practices

Wall Street Analyst Weigh In

A number of analysts recently commented on MCD shares. Melius Research lowered their target price on shares of McDonald’s from $250.00 to $230.00 and set a “sell” rating for the company in a research note on Monday, September 28th. Sanford C. Bernstein dropped their target price on shares of McDonald’s from $295.00 to $250.00 and set a “market perform” rating on the stock in a research report on Thursday, October 8th. Needham & Company LLC reaffirmed a “buy” rating on shares of McDonald’s in a report on Monday, September 21st. Oppenheimer decreased their price target on shares of McDonald’s from $325.00 to $295.00 and set an “outperform” rating for the company in a report on Thursday, September 24th. Finally, BMO Capital Markets lowered their price objective on shares of McDonald’s from $335.00 to $310.00 and set an “outperform” rating for the company in a research note on Thursday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $292.76.

Get Our Latest Stock Report on MCD

McDonald’s Stock Down 1.1%

Shares of NYSE:MCD opened at $262.75 on Wednesday. McDonald’s Corporation has a 52-week low of $229.20 and a 52-week high of $341.75. The stock has a market cap of $185.93 billion, a price-to-earnings ratio of 21.34, a PEG ratio of 3.03 and a beta of 0.42. The business has a 50-day moving average price of $247.96 and a 200-day moving average price of $282.99.

McDonald’s (NYSE:MCD – Get Free Report) last issued its earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 EPS for the quarter, beating analysts’ consensus estimates of $3.32 by $0.06. The firm had revenue of $7.10 billion for the quarter, compared to analyst estimates of $7.13 billion. McDonald’s had a negative return on equity of 572.06% and a net margin of 31.72%. McDonald’s’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.19 earnings per share. As a group, equities analysts anticipate that McDonald’s Corporation will post 12.83 EPS for the current fiscal year.

McDonald’s Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be given a dividend of $1.93 per share. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $7.72 dividend on an annualized basis and a yield of 2.9%. This is a boost from McDonald’s’s previous quarterly dividend of $1.86. McDonald’s’s payout ratio is 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.